A Nice Uptick In The Prices Of HIVE And LEO

almost 3 years ago

Earlier today, LEO spiked to almost 40 cents and HIVE is slowly creeping up from 40 cents.

Hive has a two very positive developments brewing which are the Speak Network token airdrops and HF25 where the conversion from HIVE to HBD is introduced. That has potential to stabilize HBD to $1. @smooth has signaled 7% interest to HBD, which is very positive because once the updates on HBD are completed, HBD can serve as a secure stablecoin DeFi coin. Replacing the internal HIVE/HBD marketplace with a liquidity pool could tie up even more HIVE and HBD driving up their prices that way and by making swapping them more convenient.

Things are looking up indeed for the Hive ecosystem!

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4 comments

@acesontop 80

almost 3 years ago

It was about time. I honestly didn't think we're gonna see a under $1 LEO too soon.

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@monsterjamgold 68

almost 3 years ago

It is time something was done to stabilise HBD, i got a lot of stuff in hive and i am bullish on it

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@makayana 8

almost 3 years ago

Hive still looking bullish though..

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@atomz 56

almost 3 years ago

Wow

These are all great news. LEO And HIVE picking up, the intention to finally be able to convert Hive to HBD, are news worth hearing. Things really are looking up for our beloved ecosystem.

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