Hive Sees astonishing 60% Intraday increase after Huobi Listing Announcement

in #coingecko4 years ago

Great news to all Hive members!

News of the Huobi to list Hive (HIVE) on their exchange have seemed to sparked a bull rally for the token. Great news overall!

We're aware that an AMA session was conducted by the Huobi team on Huobi's Telegram channel as well as on Hive's Community Discord channel. Shortly after the AMA, Huobi has announced the listing of Hive Token along with a giveaway competition offering 100,000 Hive Tokens to 100 winners.

This has apparent caused the price to rally as by an astounding 60% within 24 hours so far!

It is also worth noting that the trading volume has also seen an triple increase during the period.

Huobi Global is an Asian based exchange that ranks 4th on CoinGecko's Trust Score Ranking with over $700 MIllion USD in Reported Trading Volume, this certainly puts a spotlight on Hive as a newly split chain in light of the events which started the birth of Hive.

What do you of Hive's Listing on Huobi? Are you buying more or selling?

Let us know what you think!

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The fact that Hive development speeds up rapidly almost immediately after the split is testament to community power and proof of the shackle it has been in since the birth of Steem chain. Love seeing how all the core members are doing everything they can to contribute to hive.

The HIVE split was the best thing that could have happened. The pace of development and agility of the community are unmatched from what I've seen anywhere else.

agree 100%

Prices go up dramatically when lots of coins are bought. Then can go down if lots of coins are sold as well. Let's not make the mistake to assume that the value of the Hive platform is determined by token price.

Investors for the long term realize the Hive project holds a big opportunity for reaching mass adoption. Traders will try to buy low and sell high.

Too true, there is more value than simply the monetary.

I've been buying some here and there every week DCA style. 12 cent Hive was a gift.

If Sats are Stacked, what is the equivalent DCA term for Hive?

That's really nice that Huobi has added HIVE. Hopefully, more exchanges will follow it.

It seemed that MXC - another Asian exchange, has also followed suit to list Hive. We anticipate more exchange to follow having seen the effect of community driven attention from Hive.

You guys have become my new app to check crypto prices since Hive split. Thanks for the good work!

Nice. Are we above STEEM yet?

Yes we are.

Hive is currently ranked at 43rd place on CoinGecko.. Wut!!

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

I sold my liquid Hive when it was up 55%. For once, I tried to sell the news as good traders do. While it went up since then, I'm not going to question my instinct to seize an instantaneous 55% boost in value at the relative peak for most of the day, as it could've easily dropped right back down. Exchange listings generally spike the price way up, especially in Asia. Now does not feel like the time to be buying.

A good trade is a good trade. Can't argue with that.

Imagine Bitcoin's forks overtake Bitcoin. Hive is an anomaly, GREAT!

This is why Hive fascinates the wider crypto community so much.

I buy - but after the take-off Hive I will expect a price stabilization

Feels like we are in a Gotham city... and Batman is back.

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Such a fantastic news. The listing means many things with good next week / month!

Please add the function of adding what you own and how much it's worth like coinmarketcap does, so it's easy to track your assets total value.

Hello,

A portfolio feature is something we are heavily considering to add in our upcoming updates. Stay tuned!

Yeees. This is an amazing price increase. Go Hive!!!!

Fantastic news!!!

Thank you @coingecko for information. I love the price alert feature in your app.

That is great news to us all, here on hive😃😃😃.

Yeah boy.

Btw I would like to point out that the coingecko IOS app is amazing. I'm spending my time in the favourites section.

Thank you Ciara and the team! Amazing what a free crypto giveaway can do to the price lol

Glad I didn't sell any yesterday! I had a small amount I was planning to trade.

Go HIVE BABY!😃

A little song with good mood and vibes that fits the occasion. Performed by a moustached me.

I though they would wait until the hardfork but that’s good news

Guys... Why crypto.com is not listed as an exchange?

what a day to be alive

hive community creates new history in cryptoWorld

Awesome news!

I guess I made the right choice selecting Hive Blog!

Be careful of a pullback after such an aggressive rise. But still a good sign for HIVE.