A pump is happening with Hive crypto. The current price is $0.602 USD per Hive token. This is up 54.8% We have had pumps before but not to this height over the past year. It is very promising to see the price get to these levels.
At these levels many will be tempted to convert Hive to other tokens. In looking at Hive engine token list you can see there has been a lot of trading volume in four of the SWAP tokens. Over $85k in volume. This indicates users trading to either bring more money into the Hive ecosystem or users pulling money out. However these trades are with liquid swap.hive this could indicate a start to something a lot bigger or just a shift as users position themselves forf the nextg big move.
It is very go to see this high of a spike in price however if you look at the complete price movement of the Hive token from its inception this could be the start of significant price moves both up and down until a stabilization occurs.
The pump started around the exact start of the day UTC time or 18:00 CST time in the USA. That is very suspicious or purely coincidental but i don’t usually believe in coincidences. This may be a coordinated effort by a group that I am not able to identify.
I want to believe this is a start to a higher level in the pricing of the Hive crypto currency which should translate to higher prices for all layer 2 tokens on the Hive platform.
The only way to really know which it will be is for time to pass and then look back and determine what happened to get us to where we are now.
What are uou thoughts on thrr we price of the Hive crypto and will it stay above $0.60 and break the $1.00 level?
