HIVE among the trending coins!
Hello!
Today we have good news! HIVE is pumping again, at the time of writing this hive is trading at $0,37, this may not seem like a good price but it's a 50% increase from yesterday. HUGE pump!
As always the main dirver from this price are our Korean friends. Thank you guys!
If we take a look at where the volume comes from, it comes from the Upbit exchange and from the HIVE/KRW trading pair. 301 million in volume last 24 hours. The second exchange in volume is Binance with just 42 million in volume. So, as always the Korean friends come to the rescue!
Take a look at this information in the following table from Coinmarketcap:
I'm quite confident that HIVE will get to $1 at one poing in this bull market (not financial advise). However as the trading of HIVE it super random, it's almost impossible to make a plan. By a plan I mean a strategy to rotate to other coins and use a schedule. HIVE can be 99% of the time of the bull market below $0,50 and then pump to $1 in one week and then spend the rest of the time below 1$ again.
Very difficult to be a Hiver, yes. But from time to time we get this amazing pumps and we forget about the difficult times.
I hope you have a great day!
Posted Using InLeo Alpha
I believe that if this bull market is going to be a normal bull market, $HIVE will peak out in a range between $3 to $8. There's development on Hive that may spark some interest (check out @vsc.network) and there's the usual Korean casino that can get wild particularly towards the end of each bull market.
I'm not predicting double digit dollars for $HIVE because while the total market cap of crypto is growing fast the number of coins is growing, too.
From 3 to 8 seems realistic to me.
The think is that I don't know if the price could be at that range for more than a couple of weeks.
There would be a lot of unlocks at this prices, we need huge demand to sustain this prices.
If history is any guide, that valuation will be very short-lived.
Exactly!
Yes Hive is in positive at the moment, hopefully things will go up...
Yes, it will go up! :)
Where are you looking at that 24h volume?, in Coingecko seemed to be from Binance, I was looking it yesterday at the time the pump came in and was from there.🤔
I always look at this numbers at coimarketcap.com I think the volumes in some coins are accurate there.
Ok, now it's appearing Upbit as you said... 😅
Well, pumps are always positive regardless of whoever is doing it, hopefully some people can manage to take advantage of it and convert to HBD and buy back when it dips, but it's a positive pump indeed.
I will try to have some liquid hive to take advantage of this pumps.
It's a good idea to convert some to HBD.
You're right, especially when you can predicting the timing of the pumps and dumps. Goodluck with it.
This is actually a good thing hive is pump. #hive has been going down for a while, hopefully it will continue.
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