Hive trading volume skyrocketed, volume-wise Hive was in the top 100 yesterday

Das Trading-Volumen von Hive ist stark angestiegen. Erfreuliches Lebenszeichen.

Vor dem Bullrun war das Volumen so bei 1-2 Millionen Dollar täglich. Seit November ist das Volumen allerdings kräftig angestiegen. Gestern zeitweise sogar bei 180 Millionen Dollar, mehr als die MarketCap. Vor allem auf Upbit und Binance.

Dadurch war Hive gestern zeitweise nach 24h Volumen in den Top 100 Coins, auf dem Rank 60-70. Coingecko und CMC zeigen das Volumen aber nur für die ersten 100 Coins an, selbst wenn Hive ein höheres Volumen hätte, habe die Berechnung selbst durchgeführt.

Gerade hat es mit 20 Millionen Trading-Volumen den Rank 256, auch deutlich höher als der MarketCap-Rank von derzeit 454.

Zu Weihnachten ist das Volumen sogar auf fast eine Milliarde angestiegen. Irre.

Natürlich muss man die Zahlen wie immer mit Vorsicht genießen, da das Trading-Volumen auch durch Bots verzerrt sein kann. Aber das trifft auf die anderen Coins auch zu.

Viele Coins in den Top 100 haben sogar ein deutlich geringeres Trading-Volumen als Hive.

Das ist für mich alles ein Indiz, dass Hive total unterbewertet ist. Wenn ein paar Wale herausfinden würden, dass es mit Hive ein funktionierendes Krypto-Social-Media gibt, würde Hive durch die Decke gehen. Das Projekt würde meiner Meinung nach einen Platz in den Top 100 verdienen.

Was sagt ihr dazu? Was denkt ihr sind die Ursachen für den starken Anstieg und die großen Schwankungen?

https://www.coingecko.com/en/coins/hive

English

Hive's trading volume has skyrocketed. A welcome sign of life.

Before the November bull run, the volume was around 1-2 million dollars a day. Since November, however, the volume has risen sharply. Yesterday it even reached 180 million dollars at times, more than its market cap. Especially on Upbit and Binance.

As a result, Hive was temporarily in the top 100 coins volume-wise yesterday, ranking 60-70. However, Coingecko and CMC only show the volume for the first 100 coins, even if Hive had a higher volume, it's not shown on their list, I did the calculation off-record.

Right now it has a rank of 256 with 20 million trading volume, also significantly higher than the current MarketCap rank of 454.

At Christmas, the volume even rose to almost one billion. Crazy.

Of course, as always, the figures should be treated with a grain of salt, as the trading volume can also be distorted by bots. But this also applies to the other coins as well.

Many coins in the top 100 even have a significantly lower trading volume than Hive.

For me, this is all an indication that Hive is totally undervalued. If a few whales found out that Hive offers a functioning crypto social media, Hive would go through the roof. In my opinion, the project would deserve a place in the top 100.

What do you think? What do you think are the reasons for the sharp rise and the large fluctuations in volume?

Posted Using InLeo Alpha

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22 comments

That's certainly great news for the Hive community.

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Tradingvolumen wurde schon oft bei dem einen oder anderen Coin manipuliert, hatte ich zumindest mehrmals gelesen.

Ist ja auch relativ günstig machbar auf der einen oder anderen Börse.

Kann aber auch sein, das hier jemand versucht Kursdifferenzen irgendwie auszunutzen.

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Might be some people cashing out after the decent pump, or of course some bots

Hive deserves better value, at least 0,5$

!PIZZA

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50 cent is not far ❤👌👌👌🎅🎆🎆🎆🎉

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i think its because it was recently listed in some exchange like bybit.

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These are super bullish signs for HIVE, makes me want to power up more aswell as gather liquid HIVE to hold more. All I know is that I want more HIVE.

!BBH

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Maybe we'll see a price of $0.50.

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I agree with you. Once Hive gets the attention of some of these so called whales things will go thru the roof considering that Hive has a low supply at the moment.

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I think something has to do with Koreans. Volume is up on Korean exchanges(Upbit)

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(edited)

Cool and rehived :-) Ich weiss noch als ich 2016 ein 24 Stunden Handelsvolumen von ca. 280 Millionen bei Steem gesehen habe und damals war das mega viel :-)

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Wow, das war für damalige Zeiten total viel, aber es gibt auch das andere Extrem, derzeit Bitget Token BGB auf Platz 19 mit einen Trading-Volumen von nur 15 Millionen aber einem MarketCap von 11 Milliarden.

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Ich hatte schon fast geahnt dass ein neuer BNB/ Exchange Coin aufleuchten wird ;-)

Bitget Token (BGB) is the native utility token of the Bitget cryptocurrency exchange, designed to enhance user engagement and provide various benefits within the Bitget ecosystem. Launched on July 26, 2021, as an ERC-20 token, BGB was initially issued at a price of $0.05850, with a total supply of 2 billion tokens. As of October 2024, approximately 1.4 billion BGB tokens were in circulation.

In a strategic move to strengthen the BGB ecosystem, Bitget announced a significant token burn in December 2024. The exchange plans to burn 800 million BGB tokens held by the core team, representing 40% of the total supply, thereby reducing the overall supply to 1.2 billion tokens. This initiative aims to enhance the token's value and scarcity.

BGB serves multiple functions within the Bitget platform, offering users various benefits:

  • Early Access to New Projects:

    • Launchpad: Users can utilize BGB to purchase tokens of carefully selected projects during early investment stages.
    • Launchpool: Staking BGB allows users to earn shares of qualified project tokens for free.
    • Super Airdrop: Eligible BGB holders receive airdrops of new crypto assets listed on Bitget.
  • Offers and Discounts:

    • Transaction Fee Discounts: Users paying with BGB receive a 20% discount on spot transaction fees.
    • Groupcoin: Holding a certain amount of BGB enables users to purchase mainstream tokens at discounted rates.
    • Profit Sharing: Traders holding BGB can share up to a 10% commission from their followers’ profits.
    • Bitget Lottery: BGB holders have the chance to win daily prizes in BGB.

These utilities are designed to foster user participation and loyalty within the Bitget ecosystem.

The recent token burn announcement positively impacted BGB's market performance. Following the news, BGB's price surged by approximately 22%, reaching $8.39, with a market capitalization of around $11.7 billion.

In summary, BGB's tokenomics are structured to provide tangible benefits to its holders, including access to new projects, transaction fee discounts, and participation in exclusive events. The planned reduction in total supply through token burns is expected to further enhance the token's value proposition within the Bitget ecosystem.

Das könnte auch recht gross werden und ich muss mal noch genauer schauen. Danke für deinen Hinweis.

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Im glad hive got more and more popular now

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more people buying the coin

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maybe just someone with money 🤔

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😍

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I heard that there are some new listings for Hive on CEXs and that there were a few new pairs added for trading. So I think that is why volume has gone up.

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Wäre wirklich wünschenswert wenn da mal ein Schub käme.
!BEER

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Although there is no correlation between price and trading volume, we generally see that when volume is high, prices also increase, but there can be exceptions.

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PIZZA!

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@davideownzall(1/15) tipped @vikisecrets

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@vikisecrets! @tsnaks likes your content! so I just sent 1 BBH to your account on behalf of @tsnaks. (6/20)

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I think Hive gets a lot of attention lately

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Did you know that

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