My 34th HIVE Power Up Day October 1st 2024 โก๐โ The Summer of WOO Campaign has been a success! What is next?
HELLO October 2024!
It's the 1st day of the month and that means it's HIVE Power Up Day again! ๐๐ Just like that, more than half of the year 2024 has gone past us already! ๐ฑโ๏ธ
The past month in crypto has seen has seen a defying of the odds (so to speak) for BTC and crypto in general. Historical patterns had showed that September was going to be a Bear month and at the start, it did seem like this prediction would hold true. However, the Fed's 50 basis point announcement has turned the Bears on their heads and BTC even rose to $66k at one point in the past week. There is now talk of the $70k barrier being revisited again with predictions of $120k by the end of the year! Is this the last opportunity to accumulate more at current prices before it moons beyond no return? Who knows? I believe in the long term and will stick to my regular DCA regardless. ๐๐๐
Another month in this year has gone by in a flash! I've joined HIVE since November 2021 and I'm still learning so many new things everyday! I first heard of Hive Power Up Day in January 2022 and all its other acronyms (PUD, PUM, PUH ๐ what a mouthful) and I've participated in HPUD every month since then!
- I've attained yet another PUM badge for the month! ๐ ๐ฅณ (at least 1 post/powerup everyday!).
Ever since I started with the HPUM initiative in 2022, I've tried my best to faithfully make one blog post everyday in an attempt to get the Hive Power Up Month badge. I've managed to make it successfully for 9 out of 12 months in 2022, and then improved on it in 2023 with 10 out of 12 months! I will be attempting to get as many as I can again in 2024! ๐ฅณ๐ฏ
Another successful month of making at least ONE post a day with 100% to HIVE powered up (or powering up 1 HIVE). ๐ฅณ
This makes it 8 months (thus far) where I managed this achievement THIS year (2024).
Blogging regularly and having the HPUM to incentivize me has other tangible benefits too! I've seen my Hive Power grow quite a fair bit. This seems like a good practice which I intend to continue keeping up with!
In my VERY FIRST month before before I ever heard about Hive Power Up Day/Month, I was at just 47 HP ๐ญ (Before Jan 1st 2022).
This month, before I've even powered up anything at all, I'm already at 11,589 HP! ๐๐๐
That's how consistent blogging on HIVE, with (mostly) 100% allocated to Hive Power, improved my HIVE account!
And NOW... AND its POWERUP time! โก๏ธ๐ช (1st October 2024)
Once again, I only have enough HIVE set aside for a 10HP powerup, but I'm sure with my continued efforts to blog with 100% powered up to HIVE, I will be able to grow my Hive Power even more!
Using https://hivestats.io/, I was able to pull out a chart showing my daily account growth for the past month too. Great to see that orange graph head upwards continually ๐๐! If only my stocks portfolio and the price of HIVE looked like that too ๐๐ค.
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As always, I usually make just the minimum powerup of 10 HIVE. This is because there are so many projects that I'm now invested in. The HIVE ecosystem is so much bigger than what I had thought it was when I first joined. I believe my constant allocation of most of my daily posts being 100% powered up is sufficient to grow my Hive Power daily. The rest of any funds from HIVE will usually be kept for other projects that are of interest to me (on HIVE of course ๐).
As always, I'll like to explain that the reason why I do not powerup every single bit of HIVE/HBD I get every month from my blogging is because I like to keep some liquidity around to invest in HIVE projects that I feel have some potential.
It is no secret by now that quite a bit of my extra funds lying around HIVE has been channelled into the Wrestling Organization Online aka WOO project! ๐ค
After months of talking about WOO during my HPUD posts, I am glad to say that WOO has FINALLY launched the game proper! All players can use their WOO assets, play the game, and earn $WOO tokens. The game has not yet exploded in terms of playerbase since it is so new, but there are already launch campaigns to give it the boost it needs!
It is amazing how fast time flies. Just like this, Summer is now over and with that, WOO's largest promotional event (that I know of that has been conducted thus far) is now over too. The Summer of WOO event has seen more than 4000 HIVE is "cash" prizes distributed to all it's participants. This doesn't even include the various special edition NFTs that were up for grabs every single week. Throw in the impromptu giveaway promo events that were conducted in the WOO Discord channel and the amount of prizes up for grabs can probably lay claim to being one of HIVE's largest promotions in recent history! ๐ค
All good things have to come to an end however but I am sure there is always a chance for more events to be held in the future. WOO's launch has been fairly successful and this upturn in market sentiment could be the perfect launching pad for the game itself.
I really wish WOO the best! Their success will boost the entire HIVE ecosystem as well and they deserve our support! For HIVE neutrals, do check WOO out! ๐
I'll see you all again during the next Power Up Day next month with another update! Till then, See you and WAGMI! ๐๐๐ป๐ฆ๐ช๐ป