As you can see from this note #Hive has reached $1.48 around 2300 satoshis to say the least. Hive potential is on pedestal these days. As a Hive holder we all should be proud to see how far we come from and how far we are going. Sky is the limit. October is not mincing its grace on the blockchain these days.
Price action comes from the exchanges. When you dig further you can see it all starts from this pair Hive/KRW before it spreads like wild fire across all exchangers. As you know what goes up must come down. It might take couple hours or days before it dwindles down to where the resistance finds a stable ground.
At the same time Hive could caress the dollar mark and stay there. I just want to throw some hypothesis regarding value with Hive. Let's say with 357,772,454 Hive multiply by a new Hive price of $5. Hive will reach the value of $1,788,862,270. It will be around slot 70 in the marketcap.
Double it will put Hive below #Aave marketcap around $3,5 billions. Not bad for a community hard at work.
A lot of situations will change overnight where diamond paws will start dreaming. Sometimes it is really good to dream knowing anything is possible in crypto. When you mix the idea with long term growth, it's become more attainable as you grind your way to the top. The cool part of all, Hive-engine tokens need to readjust. It brings more awareness as to why Hive is so important to the ecosystem of the community.
Lately Hive has been deflationary due to the effort to have a peg #HBD. #splinterlands itself has been burning Hive. To create more HBD, Hive needs to get burned on the way. This whole action mix with the pump in the exchanges have enable a circuit where Hive is indispensable to all parties.
Not forget the holding part to generate curation, inflation rate, securing the blockchain.
Today is another stamp for Hive and a milestone to see how high we can go.
The party is not over yet.
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#Hive to the moon friend, thats it's amazing
I love doing these calculations to see a very realistic value of a more popular HIVE token. Of course, I am hyped about today's pump, but I know it is still just the beginning of where this rocketship is headed. Glad to have you along for the ride my friend.
Taking into consideration the intrinsic value for Hive, the token should be at least $5, thus we're on our way of claiming what we deserve.
Posted Using LeoFinance Beta
For me I know this is just the beginning of hive pumping even though it will still come down but the future is very bright for hive
When I saw this yesterday night. I was like holy 😮 That jump was intense.
