The POB price climbed up slowly this week. From my observation, the price increased by 10-20 % from the previous week. This is proof that the token is still in demand. Besides that, the presence of pobpunks on the POB nft market might influence the demand for the POB price slightly.
POB Price Weekly - Week II JAN 2022.
| HIVE | PRICE IN USD | VOLUME | |
|---|---|---|---|
| WEEK IV DEC | 0.0447 | $0.0689 | $181 |
| WEEK I JAN | 0.0409 | $0.0572 | $188 |
| WEEK II JAN | 0.0455 | $0.0596 | $88 |
| CHANGE | 10.11% | 4.03% | -113.64% |
The negative change was in the trading volume. It dropped to - 113.64%. Sadly, I did not record how many Hive value of the trading volume in the previous week. This week's trading volume was 67 Hive and the price of Hive was $1.31. My estimation of the change in the trading volume was not so drastic because the previous week the price of Hive was around $1.5 or $1.6.
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Let's compare the charts. The price change is positive. POB buyers bid slightly higher than the previous week. This is a positive indicator for future POB price changes.One of the keys to increasing the demand is staking. When there are more POB fans who stake the token, the amount of POB liquid in the market will decrease slowly.
POB Price Prediction
This is a very personal opinion based on my observations. With the current Hive price, POB price will climb up around 10 % in the coming week. Yet, if the price of Hive turns to be $2, I think more people will sell POB for Hive.
POB's massive sell off can be minimized by staking. When the POB developers or supporters are able to motivate more POB fans to stake the token, the price drop will not take place, even though the price of Hive increases.
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