Hive Unboxing the Yuletide with Bullish Price action - Will make H-E tokens cheaper!

over 1 year ago

Hey friends! Merry Christmas!

Christmas is one season or time of the year where we share as the season epitomes the LOVE. Among the thing I am gifting and shring this Christmas would be crypto and particularly, $Hive. Hence, there's nothing as sweet as gifting something that has a huge or growing value or with the potentials of doing so.

My favourite definition or explanation of Hive is a multi-layered innovative and forward-looking decentralized blockchain and ecosystem, designed to scale with widespread adoption of the currency and platforms in mind. Hive combines the lightning-fast processing times and fee-less transactions, and is positioned to become one of the leading Web3 blockchains used by people around the world. source

Hive stands out and stands tall in the blockchain hall of fame. Each day, the value of Hve keeps growing across it layers - 1 & 2 as more creative people unite to add valued usecases to the tokens by building unique products and services.

Hive unboxing Christmas with a $0.33 (+14%) Price Action

I woke up today to get notifications on $Hive's price rise by as much as +14%. In fact, it is the only token with double digit positive change in my crypto portfolio and how exciting is this to happen few hours to Christmas.

For me, this rise in Hive price is unboxing a rather cold Christmas season it has been in my part of the world. We all understand how hard this long crypto winter has been, so a 14% rise in $Hive within 24 hours is no mean thing. Coinmarketcap's statistics show that about $37,286,054 worth of $Hive volume has been traded in the last 24 hours. That represents a whooping 1375.42% in transaction volume from the previous day.

We started the year 2022 with LARYNX airdrop for Hodling or staking Hive courtesy of the SpkNetwork. That was a huge booster to have bought and stake Hive. It's Seven days to the end of the year, and won't be surprise if another freebie or reward for investing in this web3 token unfolds. Already, the latest update by the Ragnarok game, Splinterlands and LeoFinance communities could spark some huge Hive purchase this season.

Hive - the hidden Gem in cryptoverse

Hive blockchain is undoubtedly the most decentralized blockchain and a better representation of web 3. Hive is still evolving and growing and those who are a part of it own the future. Glad that the options of earning the $Hive crypto is ernomous - blogging, art, game, DeFi, lease, fitness, NFTs, microblogging and many others.

The dapps built on Hive keeps reinventing and innovating. For instance, the LeoFinance team in its new UI in development progress is prioritizing microblogging while long form contenting is strengthened and more rewarded at the background. This would be the first and best of its kind so far, an alternative to twitter with full blockchain functionalities and and crypto integration. This would pen up a new face for the $LEO token which would be primary in rewarding microblogs.

Few weeks ago, the SPlinterlands community launched a new sports gaming platform known as Genesis League Sports (GLS) aimed at bridging sports brands, athletes, and fans into the blockchain world, in order to tokenize sports players, stadiums, etc, as NFTs and giving fans an awesome opportunity to earn hugely from the NFTs. The pilot token of the GLS platform is already paying out 500% staking rewards toplayers and investors.

A Bullish Hive and Hive-engine token prices

Earning layered tokens on Hive blockchain has beeen one of the uniqueness of Hive from other chains. As a content creator, I earn $HBD and $HIVE at the main layer and other tokens such as $LEO, $CTP, $BEE, $POB, $CENT, etc at the second layer. Some of these tokens have massive usecases and are growing in value and utility even outside of Hive.

Having endured a long bear run, a rise in the price of Hive would prompt Hive-engine token holders to sell out for profit and this would be a perfect time to buy into the tokens. SOme of us that understand the value so locked in hive-engine and how many crypto millionaires and billionaires have been made at the instance of Hive's second layer are awaiting an opportunity to buy those tokens cheaper.

We are anticipating a big development in the LeoFinance community in 2023 and thus know the value of stacking $LEO token ahead. One of such reasons would be to achieve ambitious but realizeable Leo goals for 2023 which comes with huge crypto prizes attached.

A token like CTP created by @Jongolson and his team is also a hidden gem in second layer curation with double digit APY and better stacked during the dip. The SPS of the Splinterlands would also be a discounted buy during a bullish Hive phase. This post explains more why the above mentioned tokens are on my buying radar this season. I see them all turning huge in 2023 and beyond.

Let's make the most of this Yuletide and keep spreading love!