Hive has been Pumping for 3 Weeks
Hello everyone. How are you? I hope everything is okay.
I'm dealing with Hive trading these days. I cannot say that I was very successful. But at least I say experience is gain. Hive has been pumping at the same time on the same day for 3 weeks. Let's look at the chart.
This week's pump was the strongest of all. It's still ongoing. I think Hive will come down again. But we can say that the bottom rises every time. When we look at the graph backwards, there is a graph that looks horizontal since 2021. But today's rise seems to have broken this chart.
It looks like there are some tips to keep up with the overall cryptocurrency market. But it's still too early to decide.
Let's see.
See you again.
0.03303934 BEE
Highly undervalued and more scarce than people realize. We are still a small group of committed users, but the next million users will need 150HP to power their accounts. So much potential, HIVE POWER is ownership of this platform. One day someone will buy up the liquid supply. I am grateful for low prices but HIVE is valuable.
https://messari.io/project/hive-3
Circulating market cap has risen from 75 million in late August 2024 to nearly 300 million now. Arcange's latest Hive Financial Report showed us that just 43% of the 463,514,313 HIVE supply is 'liquid HIVE', so only 199,311,154.59 HIVE. Enough for just 1,328,741 new accounts to have 150HP. This doesn't account for Hive inflation, voting rewards, or HBD, but is my reasoning for evaluating a $6 HIVE price. Hive is no meme coin, it is the fabric of a web3.0 hyperledger blockchain that WORKS which we use to remap the entire world wide web.
Thank you for this message. You motivated and informed me even more. I am grateful.
So when the price falls back, how far do you expect it to fall and what do you think will be Hive's peak during the bull season?
I expect it to drop to at least $0.40. It may be a bit of a cliché, but the old peak of $3.41 should be the target...
That's cool. I might buy some at 35 cent