Hive price Spike! Going against the market wave
The last few days have been very good for hive tokens as the price has gone up and this time it's different. Although this is not the first time when hive price was pumped but this time it's different because it happened when the entire market is in bearish sentiment and even Bitcoin has not shown any good price movement towards the green color. It's always great to see the hive price going up and if this continues the same way then I don't think that crossing $1 will take long so let's see how it will behave in the next few days.
Here is the hive chart and we can see a sudden spike in the price in the last 24 hours it went all the way up to $0.65. We have seen the hive price below $0.35 and now it's almost doubled so yes it's an opportunity for those who believe in hive could have made a good profit. $1 hive is not a big thing it seems and the price seems to be looking good at this point.
The hive ecosystem is growing and the amount of development is high which is bring more value to it. Some projects like splinterlands, LeoFinance, 3speak, upcoming Ragnarok game are getting so much attention from the community and new people are coming up. As of now, the hive rank is 111 as per the market cap but it was in the top 100 for some time I believe that this is a milestone and probably I expect the hive to make its place back to the top 100 soon.
Price is an important factor for any project in crypto and with the hive, we have seen significant growth in the last 1.5 years approx as we have seen hive at 10 cents but now I don't think that hive is ever going to be the same price again. It's crypto and we are still in the bear market it is also anticipated that this bear market is going to last long as compared to the previous ones and if this makes hive price drop further and if it reaches my buying range then I will try to buy some. Having more hive power is something that everyone wants and it's something that is never enough. The more we have, even more, we want to have, and hope I get the opportunity to bag some hive tokens.
Thank you so much
Stay Safe
Posted Using LeoFinance Beta
Good post. I think because the Hive ecosystem is so strong it doesn't entirely need support like many other cryptocurrencies. Our community is vibrant and strong and we should still see upside no matter what. Peace and have a good one!!
This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.
Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.
Please contribute to the community by upvoting this comment and posts made by @indiaunited.
I find this movement of HIVE strange, I believe that HIVE can go down to $ 0.3 again
I think you are right and I am waiting if it drops even further so that I can buy some
Hive all the way. Seeing the pump was beautiful. A Ray of hope into the future.
Posted using LeoFinance Mobile
Congratulations @reeta0119! You received a personal badge!
Wait until the end of Power Up Day to find out the size of your Power-Bee.
May the Hive Power be with you!
You can view your badges on your board and compare yourself to others in the Ranking
Check out the last post from @hivebuzz:
Support the HiveBuzz project. Vote for our proposal!