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It has been another week of dips and short term highs in the crypto market. There were moments of Bitcoin testing $40k during the week giving the crypto market hope of upward trend but every attempt of bullishness has been met with pull backs.
HIVE has been no exception in this case, how is HIVE farring during this crypto carnage?
The above seven days chart of HIVE shows it more or less where it left off last Saturday. HIVE was seen $0.411 region last week and at the time of writing this post HIVE currently trades at $0.413.
It would be fair to say HIVE held on preventing further dip with efforts in the week that saw it trying to hold on to $0.50 between Monday to Friday.
Percentage-wise HIVE is at -2.7% in seven days compare BTC's negative 8% and ETH -2.9%.
It takes real cryptocurrencies out there to stay afloat especially in times massive dips like the market is currently going through with all misleading headlines all the place.
With all taking place on HIVE, developments and HIVE always been under valued it does seem to be doing well in this general tough times for the crypto market.
Is HIVE farring well? I think so.
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