The past few days have been a little more interesting for the cryptospehere when we think about the low volatility in the last couple of months.
Bitcoin reached the 10k mark and followed with going above 11k soon after. At the moment of writing this BTC is currently trading at 10.913$ according to @coingecko.
Hive also had a pretty nice week having increased it's price with 4.2% in the last 24 hours and 14% in the last week and is currently on the 97th place in regards to total market.
Steem on the other hand got out of the top 100 coins and is not sitting at 107th place having a price just slightly above 0.20$.
What do you guys think? Will Bitcoin's continue to go on a unpward trend? Will the altcoins, including Hive follow?
I hope we see a 0.30$ Hive soon!
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Good stuff 👍
It sure is.
Hard to tell the clear direction right now
since the economy is so fragile.
#hive has potential to reach $1
if all conditions are met.
It is timing issue mixed with demand.
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A 1$ Hive will definitely make a lot of us happy as hell. :)
I think $0.30 is a possibility. I don't know that Hive could get out of 107th place as all the other altcoins would also rise in price with BTC.
My most worrisome metrics are the daily active user numbers. We seem to be losing users. I remember at one point STEEM had 15K. Now we are down to about 9K, I think some of the loss is mitigated with having a larger middle class, which allows us to control more of the rewards.
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