Hive is swinging above 1 USD, expect a surge of activity on Hive!

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Hive is maturing

Another pump on Hive today, and I must admit, an unexpected one for me. I expected Hive to consolidate around 90 dollar cents. But it went differently, Hive even went as high as 1.3 USD today. Right now it is hovering around 1.06 USD. There were some major swings today, up and down, but now a consolidation above 1 USD seems to be happening. And that is amazing news, it brings Hive in another ball park. Volume went above 600 million dollars today, which is huge. Some major players, made a lot of money today, but most Hivians made money today too. So, I am not complaining, to the contrary. I have the feeling that Hive is maturing. There is a lot of activity, the NFT games like dCity, Cryptobrewmaster, dCrops, etc... are booming. The communities are very active, and Hive Engine gets more and more transactions. Hive is past its puberty, and becoming a man. We still have a long way to go. But the market cap of a half a billion $ is in sight. And I promise you once we get passed the 1 billion $ mark, there is no more stopping of this train. It will become a more accessible "Ethereum" with fast, easy and cheap transactions, unprecedented scalability and dApp and NFT heaven. Once the true mainstream gets this, well, we could be millionaires... With the accentuation on "could"!

We can expect the activity on Hive to increase substantially the next few days and weeks. Users that weren't posting or curating, will suddenly see that it pays off to do that. More activity, means more new users, means more demand, means again more price action! That is what I call a good vicious circle.
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Sincerely,

Pele23

Posted Using LeoFinance Beta



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13 comments
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Same old same old... I wonder how many will still be around here if we enter a bear market?

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How do you mean? I have stuck around since August 1st 2017, and been through a lot on this place! 😉

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Hive has been sideways for 5 years, lets see if it is different this time.

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i agree with everything you said..

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Well, that’s nice to hear, I feel we are on the brink of the breakthrough!

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You really nailed the point and make things clear. Thanks for sharing and have a wonderful day

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This is incredible, if the price continues to rise, the value of my portfolio will continue to increase.

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That's it, Hive is correcting, after the correction,we will expect more bullish trend from it.

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In your opinion, what is the best way to obtain HIVE other than by posting content, as in, what DEX has the most liquidity with the least slippage, I'd like to start accumulating the tokens and putting them in HBD for that sweet 10% interest and then another portion into Hive Power to get some more reach!

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What DEX, I usually use the Leofinance DEX, but the liquidity is not big there. So, I really think it is best to buy some at an exchange like Binance. That has the least slippage...

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I gotcha. I'm unfortunately stuck in the US, where Binance has been banned, and they require KYC for ALL account use, so even if I bypassed the omnipresent geofencing, I couldn't use an account without giving up all anonymity and privacy.

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