One of the mysteries of the market is figuring out how Hive will respond to the looming promise of a face melting bull run.
It feels like the bull run is inevitable and we will probably see incredible movement in the market before the end of the year. Bitcoin has constantly fought against agents of FUD and has bounced back after every shortfall it has experienced.
Putting myself in a good position to benefit from any potential pump would of course be absolutely incredible. So, to do that, I'll simply just buy Hive with my hbd earnings and hold it liquid.
Previously, I would have considered powering down my hive power. However, with the plan to grow my hive power indefinitely, I'll have to make do with just buying small quantities with post rewards.
Luckily for me, hive is still quite cheap, so converting it right now makes for a decent chunk of profit in the near future. Even without being too dramatic about my predictions for Hive, I reckon we could see the asset trading anywhere between $1-$1.5 which basically puts it up at least 5X from where we are today.
I guess based on how cheap hive is right now, buying at this prices opens up room for quick scalps and easy short term gains. Obviously, the real money is in the bull market where the potential of a face melting pump will change everything.
Changing everything doesn't just stop at Hive, by the way. SPS is one of the main protagonist tokens in the Splinterlands ecosystem and according to data from coingecko, it is down roughly 71% in the past year.
It is hard to tell if this is the bottom and if there's ever going to be a wild pump for SPS. However, one thing that I will say is that it is an asset that is part of a largely sustainable gaming franchise that's geared towards generating value for players/investors. So, it would not be out of place to think that we could see the token making moves in the event of a bull run.
SPS, just like Hive and to an extent, Leo, are assets that one should keep an eye on. In the event of a bull market, we could see these tokens' values make significant strides in the right direction.
