Is the pHive-USDC LP pair on Polycub going to boost Hive?
pHive-USDC
As a Leofinance regular, I read a lot on the platform, and then you can not pass the posts of @taskmaster4450. And, the last few days I have practically read just about everything he has written on Leofinance. Believe, me that is a lot to read, but the man knows his shit about this platform. After reading and watching, I tried to swallow the news about the pHive-USDC liquidity pool launching on Polycub tomorrow. And to digest it. What could it mean for Hive in general? I even thought about it, when I was watching the football on TV last night. So what do really think about it now?
Demand increase
First of all, the launch of the liquidity pool will definitely create a demand increase. Especially if it is as succesful or even more as the pHBD-USDC pair. So, that automatically will push the price of Hive up. Of course the returns of the LP will be important to attract enough money into it. But I think it could be a huge success. This combined with the interest rate on HBD could be a catalyst for major investors to discover Hive. Because, I have the feeling, that is what is missing right now. One or more major investors, discovering the value of this blockchain. And the question is not if they will discover it, but more, when.
In my opinion, this could the time for that. And if that happens, well, Hive could moon. But that's all just speculation. I am not waiting for Hive to "moon" as they say. I am building my stack of Hive Power and HBD slowly, every single day. I am not speculating. But, I truely believe Hive could moon because of this. Just imagine a couple of million extra buying pressure every single day on Hive, and what it could do to Hive's price. I am not talking about speculative volume like we see somtimes on the Korean exchanges. But real money flowing in, daily. It is entirely possible.
Curious
That means I am very curious for tomorrow, and can't wait for it to launch. I will be watching the influx of money closely, and from then on... we can only let the market do the talking.
I wish you all a great Wednesday.
Sincerely,
Pele23
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I think it's going to boost Hive.
Have a great day.
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I hope so too, and I think so too. Thanks for all the tokens, have some !BEER on me!
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I don't think it will boost the price but it will add more liquidity to Hive. This is great because the price should be tighter due to arbitrage and it allows more ways for people to go in and out of the system.
Posted Using LeoFinance Beta
HIVE and HBD mooning? yes pls 😁🤑