Some activity in the Binance-Hot wallet may indicate Binance is gearing up to list HIVE
If all the excitement surrounding the Huobi and MXC listings wasn't enough, we may get the ultimate heavyweight listing HIVE in the near future as well.
Browsing through the Binance-Hot wallet recently, it looks like there is finally some activity after a month or so of nothing at all...
Check it out:
(Source: https://wallet.hive.blog/@binance-hot/transfers)
It looks like a couple transfers possibly testing out the wallet functionalities.
And in my opinion, testing likely means one thing...
A soon to be listing.
While it is entirely possible they end up not listing HIVE, I think this activity in their Hot wallet is pretty good circumstantial evidence that they are planning on listing HIVE in the near future.
If we thought the Huobi listing was big news, we haven't seen anything yet...
Binance has been the largest, or one of the largest, crypto exchanges for the last couple years.
They routinely do some of the most volume of any exchange, especially in regards to altcoins.
A Binance listing would be the ultimate in exposure for HIVE.
It may be even bigger than a Coinbase listing... I can't believe I actually said that out loud.
Also of note, it appears they are almost half way through their power down cycle, which is good news in its own right:
(Source: https://wallet.hive.blog/@binance-hot/transfers)
My guess is that this has something to do with why they haven't airdropped the HIVE coins yet, over half of them are still powered up.
The only issue that may pop up from a listing is if Justin Sun did accumulate a large amount of STEEM and therefore HIVE just prior to the snapshot/airdrop as he would have most likely had them parked on the Binance exchange.
Either way though, the positivity of a Binance listing for HIVE far outweighs any short term selling Justin Sun may or may not want to do.
HIVE literally couldn't ask for a better chain of events than it has going for it right now. It's quickly climbing the ranks on Coinmarketcap in terms of valuation.
And I would imagine a Binance listing will only further bolster that momentum.
Stay informed my friends.
-Doc
They would be wise to do so.
I think they are starting to realize that...
The attention that Hive is receiving keeps building. Publicity on top of publicity.
Token price action tends to attract investors/traders, some who might become users. That said, we are building a story to start telling people. More exchanges, especially one like Binance, only enhances what is taking place.
With the progress we are seeing with some of the apps and games, it is all coming together.
Posted Using LeoFinance
Yep, it sort of builds on itself in terms of price appreciation, more exchanges, more users, more activity... and it all sort of turns into a positive feedback loop that keeps building on itself.
A reverse of what we witnessed over the last two years on Steem which was just a negative feedback loop.
Posted Using LeoFinance
txid for the historians:
154b6e546b74d67c877b755b53a2699a6bda6059What is this?
the transaction id for the 1 Hive transfer, since if @binance-hot makes more transactions, it will be hard to find the actual transactions your post is referring to.
Note sure why the hiveblocks link returns a "An error occured." Part of their backend must be down.
Props to all the hard work and effort by all!
Too many to list!
Development and promotion are really accelerating across all areas.
Binance/Mainstream media
The silence is deafening.
Greed always overcomes their disdain for freedom. They know they cant stop it but they wont stop trying.
Decentralization = freedom.
Freedom requires vigilance and personal accountability.
The more it spreads the harder it will be to overcome.
Their actions will be seen for what they are.
When something like the success of Hive is ignored, people wonder why.
Especially now.
People are waking up to alot of realities at this time in society.
Decentralization in every aspect of society is being seen as the alternative to all the false narratives.
Hive is at the center of this where social interaction meets economics.
A perfect entry point for grassroots mass adoption.
The beauty is it will be what WE make it!
Thanks
Peace
Well... The numbers are insane <3
It will really be a wise thing to do... So I think they would do so
https://coinmarketcap.com/currencies/hive-blockchain/markets/
Still rank 206 on coinmarketcap not sure why
Yea they have an issue there. The market cap makes it a Top 30 project though. Would be nice if they got their act together and fixed that.
It's coming, totally.
I'm still saying all the exchanges that participated on the hostile takeover on Steem blockchain will list Hive... There will also be a lot of new exchanges that hoard popularity by listing Hive... We will see some exit scams, so people need to be extra careful when depositing Hive to less-known exchanges.
Yep, agreed.
You were right on the money!
It's happened quick, just noticed Binance are listing Hive. Trading opens 05:00 2020/04/27.