Bitcoin Boosts HIVE, Briefly
This week we finally caught a glimpse of a rally for HIVE as Bitcoin climbed again. The token bounced back over 10 %, lifting us from $0.057 to about $0.065. Short‑term, that’s a welcome bump.
But as you probably already guessed the bigger picture is far less rosy. HIVE has lost more than 95 % of its value since its 2021 all‑time high of $3.41. It even hit a trough of $0.05 back in March, which, from an investment standpoint, looks like a total disaster. Selling is most peoples Hive Hobby.
Still, I’m holding onto my HP and in fact haven’t powered down a single HIVE. I do that because I see intrinsic value in the platform that goes beyond the token price. Blockchain Blogging is quite unique and I like to share and interact with you guys.
Let’s hope the next crypto bull run pushes us higher, $0.10 would be a solid first step, and maybe someday we’ll see the price climb back toward $1. Of course, the market will be the ultimate judge.
Why are you still holding HIVE?
