Addendum thoughts:

If this is an intentional pump by Huobi, I feel like the target in the crosshairs is Binance. It's gotta be squeezing them even more as folks are livid that they haven't released the airdrop yet. Obviously Huobi has the same % of airdropped tokens liquid as Binance, but by beating them to the punch of enabling transfers and trading, they've mitigated their legal liability and customer ill will while adding to Binance's.

And while the rate of increase is shocking, and I believe Hive will crater back down to a new & higher baseline... when I look at the coin rankings... I can't really say we're overvalued! I know that's partly my Hive fanboy talking, but I'm really trying to look at the other projects and coins around the same market cap objectively.