Hive(HIVE), The Undercover Gainer
The past three or so serious pumps for HIVE have come from the Koreans, as it seems that most of the volume during these times was recorded on Upbit on the HIVE/KRW pair.
The last one hasn't managed to "beat the previous ATH", settled in October, about two months ago. $1.45 is still the highest HIVE has reached, against the American dollar, but what's worth mentioning and exciting at the same time is the fact that $1 seems quite a strong support the past couple of days.
I know, two days is such a low time frame, but we can remember that the pumps we've had so far have been very short lived. This time is different, though. Probably... we don't know that for sure, yet.
All I know is that I am a complete moron. I should have put all my crypto money in HIVE, when it was $0.10. I'd sit on a comfortable 10X right now and the sun would shine even better on my street than it currently is, but not smart enough to do that, I admit it. Otherwise would have followed @edicted example who bought heavily in that area.
None of my other coins has made a 10X over the past year. It was soon after the hardfork and the trust level was quite low, again I'll have to admit that too, but recently Hive(HIVE)'s proven it has become a gainer. No, it hasn't gained any attention from Elon Musk or any other celebrity, but we're growing.
Hive is no longer what it used to be one or two months after the hardfork. It's development is unlike many other forked chains. This thing has moved a lot and Leofinance is a proof in that direction. I am perfectly aware that I might be biased by putting out that statement, while some would probably be biased towards Splinterlands, but look where this community has gotten.
It has even managed to bring @nathanmars back :D. We have a second layer token that performs decent against HIVE, although we've had better times a few months ago, DeFi goes both ways(ETH and BSC), the mobile app works fine and makes our lives easier, we're close to be delivered project blank, which in my opinion will push LEO once again to being 1:1 to HIVE token.
HIVE deserves this $1 ground floor and although I sometimes worry that we might get back to $0.1 during a potential future bear market, there are folks like @taskmaster4450 and @cryptoandcoffee who have a stronger vision than myself. I guess the only thing strong about me around here is consistency...
Anyway, the conclusion is that Hive(HIVE) has gained a lot, in terms of dollar valuation and development and I'd also add the communities on this blockchain getting tighter and more productive. I no longer see Hive as a blockchain for "soup types of content". You have the option to join more targeted communities now and build together.
We're still out of top 200 and there's no one to blame, but when we think of fundamentals, censorship and regulations resistance, decentralization, we are very well positioned against many other chains other. As @taskmaster4450 has pointed out several times the past few weeks, in the middle of this stable coins regulations saga, no one can regulate HBD.
Who can attack Hive at this level and have any success in any way? No ninja mine like Steem had, no CEO, nothing centralized to be demolished in an easy shot. Hive has gained a lot and it's potential is huge. Can't wait for project plank, to make the chain complete, when it comes to social media apps created on it.
Have a great Saturday, folks, and see you to the next post!
Thanks for attention, Adrian
Posted Using LeoFinance Beta
