HIVE PULLING THE LINE QUITE WELL

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It may be second nature to see Hive slowly paving the way. For the past 7 days arriving to 2022, Hive almost reached for the $2 mark. Somehow BTC spoiled the momentum. It is easy to blame BTC for any bearish attitude. Hive seems to barely follow BTC in the positive side. FOMO could be the reason for the recent drop. At the same time the token finds strong support around the dollar fifty for the past month.

It may be too early to fully situated where Hive wants to go. Supply and demand has been pretty healthy these days. If you are an author, curator, witness, life is getting better day by day with your earnings. Opportunity is knocking for you right now while you were the ones that hold and giving the blockchain what it deserves right now.
It is now the best time to be part of Hive.

Hive supply is as strong as it can be. Very low circulation since demand keeps a lid on the price. Yes Hivers are selling but not enough to create on erosion where the value could fly away. In #Upbit exchange, Hive/KRW is trading high all the time with Binance coming next.
When you see $135+ million trading volume within 24 hours, it does not take into account trading in Hive market, Hive-engine market and others like peer to peer.
Putting all together there is a pressure on the token to remain in a positive mindset.

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The reward fund is looking satisfactory these days. As long you do your part you will get a portion of it. This is why Hive blockchain does not take a day off. Lucky for you if you do, your miss is someone else win.
Total Hive supply may not reach 400 million. With HBD supply needed, that could be a deal breaker putting another mounting pressure on Hive supply. So far we inherited from 2021, $24 million. Hopefully we can create another $20 million, that will shrink Hive supply a little bit more putting way more pressure on Hive creating a need for anyone looking to hold Hive in order to create HBD.

Hard to dissect the market direction. By tomorrow we will have a look at all market and see what enfold for the crypto market. I am sure we need to hear the sound of the bull more than the bear.
March 20, Hive name will be 2 years old. Time did fly for real. It is time for double trouble to grasp and bring decentralization to another high.

Airdrop is another way to see what in place for Hivers. In the meantime I am getting my Leo in order. Almost there to reach my goal. I hope there is no discrepancy that will mitigate the price to drop back below the dollar line.
Cycle like I read, always find ways to change things. Just like any other year, holding will never disappoint. We are getting closer to BTC next halving where the earthquake will cause the price to climb. Hope you hold your hands.
BTC climbs, everything will climb.
Hope the economy looks better as well.
Keep vesting in what matter to you, specially you.

Posted Using LeoFinance Beta



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12 comments
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Hope you hold your hands.

5$ is will be the expectation in short term.

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It is always a good time friend to be part of #Hive, I did not know the date of the 2nd anniversary, thanks for that information, we are also heading to $ 2 as a good base to start 2022, the year in which the definitive take-off of our token will take place. favorite #Hive.

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March 20, Hive name will be 2 years old. Time did fly for real.

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Hive

It's very exciting that the Hive price has been maintained above a dollar. I am content to post daily and earn Hive.

Leo

I am also buying Leo as I think it is a great project with long term price appreciation potential, plus I am able to earn every day by curating posts like this on both HIve and Leo.

SPS

I am collecting my drops and buying cards for reward cards and resale to get more Hive and Leo. I stake this and earn SPS daily also. Wonderful.

Hive Blockchain is finally living up to some of it's potential.

I think the situation will only improve going forward.
I can't wait for the Ragnarok Airdrop, Cubfinance Polygon Airdrop and the second phase of SPS card sales.

Posted Using LeoFinance Beta

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$135+ million trading volume within 24 hours

It seems that Hive is going to be bullish . I hope in 2022 is the step stone of Hive to enter $5.

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BTC will always affect the market but it should affect things less as the crypto dominance drops. However the institutional guys entering will probably decrease the volatility.

I am expecting HIVE to drop after the snapshot for Ragnarok and the speak network.

Posted Using LeoFinance Beta

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Check out the last post from @hivebuzz:

Happy New Year - Feedback from the first Hive Power Up Day of 2022
PUD - PUH - PUM - It's all about to Power Up!
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Three more days until spk snapshot I'd suspect there would be some heavy buying around now. Let's see if it peaks to $3 again!

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(Edited)

Just smile and HODL my friend, smile and HODL ;)

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