Is a Web3 Summer Possible? | HIVE's Potential Path to $100
Web3 has started to take control of the crypto narrative. Everyone saw ICOs and then DeFi. While both have good and bad (as most things often do), they've lead to booms in the crypto industry.
These cycles have brought tremendous levels of capital, attention and talent to the crypto space.
Web3 is taking over as a new narrative for crypto. It's funny that the "new narrative" has been the narrative everyone on Hive has been living for 4 years.
In this meta-clip of a clip from the latest LeoFinance AMA/Roundtable, we talk about the possibility of a "Web3 Summer". I present the case for HIVE 50X'ing under the context of a Web3 summer - provided we something like the ICO / DeFi booms where hundreds of projects and founders start forking each other.
This open source tech can lead to a massive influx of users, capital and awareness as thousands of new projects pop up with a low barrier to entry.
If Hive successfully positions itself at the center of a Web3 summer, I think a 50x is in the cards. This would put HIVE at around $100 per HIVE. Obviously, this takes an enormous amount of work, positioning and serendipity.
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|---|---|---|
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