Hive: Floodgates Opened!
What is going on right now?!
Almost every hour we are getting news of another Hive listing somewhere:
In the last 24 hours we have had 7 futures listed for Hive on:
We have also seen Hive getting listed on Hotcoin and just today on XT Exchange as well as BitKan:
https://x.com/XTexchange/status/1871447136711405603?t=ZQcpeQCTXX9lJ567dSShCg&s=19
I suppose if the big ones lead, others will follow. All this commotion has led to at least 100k views on X alone and Hive has been getting the spotlight on Binance top gainers as well with Hive pumping from low 20s to low 40s making almost 70% daily gains.
What I like about this is that we are diversifying attention away from Upbit - the CEX holding something like 140M Hive and leading in volume. Hive needs more decentralization and that is also true for getting exposure on various CEXs. The move into DeFi in Q1 of 2025 with native L2 smart contracts with VSC is going to propel us into this direction as well.
2025 Bull Run
Just like in 2021 it seems that Hive is posed for a massive upward trend that could continue well above the dollar threshold. So far we are right on track to this epic chart that has predicted virtually the whole movement since June.
The weekly close has concluded beautifully on the red line exactly as anticipated. This should be the retest for a breakout above the second horizontal red line above it. If so, I am seeing a price target of at least $0.9-$1.3:
As you can see I am expecting $5 which would be just above the former ATH. But the chart does suggest in the most bullish case a top target above $20. Is it a coincidence that the first top is in Q1 when @vsc.network will go live?
Shorting Hive?
With futures comes the option of shorting Hive of course. While Hive is extremely volatile and might be even more so with so many future markets (or would that have a stabilizing effect?) it could be extremely profitable doing so. Obviously I have asked myself to participate in this endeavor since I seemingly have a chart that predicts the future. But I am too afraid of getting liquidated and losing $.
Nevertheless, I am in the process of powering down around 30% of my HP to hopefully sell high and buy low which shouldn't be hard (until it is). Exploiting these swings is almost mandatory considering how consistent they are. If I could, I'd probably make a bot expoliting the 00:00 UTC pumps.
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I hope Hive will jump soon again to $1. In this volatility, sell at high and buy at low is a good idea to make massive additions in Hive.
I do expect hive to perform well in this next 6 months. But .90 cents that quick feels like hopium. And a 20$ ath seems laughable.
I’m not going to complain if it hits 20$, but i guess im laughing if it does and also laughing if it doesn’t.
I’d say more likely we hover around under .50 cents. Shake out all the weak hands who get bored waiting for it to hit 1$
Hive has so much sell pressure, many have been waiting for years and accumulating through curation and posts.
Honestly i hope your right, i just dont think you are.
90 cents in a few weeks is the equivalent of what Hive did in 2021, so it's reasonable imo. $20 is hopium, which is why I think $5 is definitely possible. While there is a lot of selling pressure, we are now having huge volume for Hive so selling like 1M Hive almost doesn't make any impact when we get $100M daily volume. I think after 3 years of bear and lower lows we have forgotten what fomo feels like 😅
Good news! Agree, we will feel the fomo again! 😅
Perhaps I am that grumpy no fomo bear. 🐻
But I still think it will come slower and the spike to 1 dollar will be later.
Though I also think it correlates to BTC to an extent… so if BTC starts pumping soon…. Then maybe hive will follow shortly after🤔
Time will tell who is the best Nostradamus 😉
Generally upward moves are very fast and corrections take longer than anticipated. We'll see 😉
Wow! Amazing news and development. Hopefully more people will come to Hive and more investors will come too.
That news are great about Hive! I also tweeted about it. These should give Hive more attention and Hive was at top gainer on Binance yesterday. I expect more than a dollar for Hive!
I think this run will have a lot of "oh no, I don't think hive can hit some xxx figures" and unfortunately for them it does and they're not prepared for it.
I think when Binance leads other exchange tends to want to copy. It's going to be a wild 2025 for Hive.
Yep, time to stack some more Hive :)
@tipu curate
Upvoted 👌 (Mana: 31/51) Liquid rewards.
Thanks!
That seems like a wave already. But we will see what effects will futures have on the price of Hive. Upbit still holds a massive amount of liquid Hive, and unless liquidity moves away from there, they will still have the major say on where the price goes and when, and futures can't change that. Luckily, they seem to like Hive, for the time being.
Like in the sense that they like money I am afraid
That is true. But I heard they stopped pumping st**m, and they were doing that along with Hive a good while ago.
Their attempts to intimidate and silence their critics are equally concerning. The use of downvotes as a means of censorship is a clear indication of their desperation to maintain their grip on the narrative. But it's not working
https://hive.blog/hive-167922/@themarkymark/re-bpcvoter3-sp2q9h