AskLeo - Will HIVE Hit $10 by EOY?

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What a day to wake up to... After staying flat at around $0.7 for about 24 hours, yesterday and well bellow $0.7 for about two weeks, HIVE has managed to do a pull up to almost $1.5 in just about an hour, last night. Koreans are to be blamed for this massive upwards movement. What's behind their pump, you might ask.

I literally have no idea, they've played with HIVE similarly in the past as well and they've done that with STEEM too. It's worth mentioning though that even during the summer meltdown, HIVE hasn't corrected too harsh in comparison with other coins across the board.

I believe that @splinterlands has helped a lot in that regard. Will we have another game built on Hive to push the mass adoption of the blockchain and drive the appreciation of the price further up? Probably, if Splinterlands is working, why others wouldn't try and build "the next Splinterlands" on the blockchain...

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I was discussing yesterday in a post about the $10 HIVE and what that would mean for me personally and for probably most of the content creators around here and seeing how HIVE has literally doubled in price in a matter of an hour with volume coming from the Koreans of close to $1 billion, it is definitely achievable.

As @dragosroua has wrote in a post earlier today, it's probably the time when HIVE becomes a serious investment asset, or that serious investors are turning towards HIVE. Either way, this thing is no longer just a test blockchain. It's matured and the growing process is in full swing.

Personally, after seeing the move of today for HIVE, I believe that $10 by eoy is more than achievable. I wouldn't be amazed if that would happen even sooner. Look at SHIB, DOGE, LUNA, SOL and others... What price performance these had, and what fundamentals they actually have... :D.

SHIB has basically nothing to "back its price performance" while Hive is a real life working project. We have the bull market momentum on our side, thus I believe we will see HIVE at $10 by EOY, probably even higher. I wouldn't bet for much sustainability at $10 and above, but my gut feeling tells me will reach that.

What do you guys think though? Share your views in the comments section and you shall be upvoted :D.

Thanks for attention,
Adrian

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21 comments
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It's a great development for hive if you ask me. Actually, I didn't see it coming, not 1$ not so soon, I felt that it might be probably towards ending of November or so. Glad

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I was also a bit surprised waking up to around $1.20 on HIVE. It's amazing how technology is changing the world as we speak. I still remember hooking up my dads 28.8 modem at home, chatting on mIRC and playing Red Alert 😄 And look now! How will it be for our kids when they grow up?! Can't wait too see! ..Oh, wait, I'll be dead by then maybe 😆

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What's behind their pump, you might ask.

To make money is my guess.

No Hive will not likely be $10 by EOY, as much of an optimist as I am about it. I think that timeline is far too short. Of course, crazy bull runs can do antying.

I base it upon development and especially with SpkNetwork, we are likely to see the explosion near mid year 2022. A lot to roll out and that will take some time.

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HIVE just surprise everybody. From 0.7 to 1.5.
That's great. BTC and Shiba Inu are doing well too.

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I literally sprung out of bed this morning. Such a happy sight. I will not complain for a $10 hive.

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I don't see HIVE at $10 by EOY, but for sure it has the strength to get there in time. I see a strong 2022 year for it with many projects maturing and others come to light.

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(Edited)

Hive at $10, I'm thinking late in the first quarter of 2022 after the Energy Inflation slaps every consumer from the middle class down, in the face and the US Democrats try to pass the $3.5T bill (Inflated to $4.5T) again in a desperate bid to buy the midterm elections. Brrrr.

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I didn't believe any of your btc EOY's either. However the btc prediction of 200k eoy or whatever has a better chance than this hive prediction lol. I think the misconception about hive is not paying attention to the emphasis on it's inflation and earning model. Hive would work best as a stable coin. Something where the value doesn't change. So if hive can get to 2-3 bucks in 5 plus years i think it would be doing very well. (if)

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