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RE: Ask Leo : What is responsible for the recent pump in price of hive

in LeoFinance2 years ago

In the last year Hive has jump to 3,4.
I think that this jumps have an easy explanation. The investors that earn a lot of many trading with cripto, are selecting where to put the many, and when they do so, the price jump, because the demand increase. There are bots (of they walles) that detect this pression of the demand and so that increase the price of the ofert.
And, of course, Hive is one of the platforms in where many investors put money, because it is a cripto platform that really works.

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Wow, this is interesting to know.
Thanks for this and so sorry for late reply, am a little against the weather.