I was looking at the weekly Hive/BTC charts and thought the last bull run was interesting. Hopefully, history might repeat itself. We were in the doldrums, Hive was sitting around where we are now in terms of price relative to BTC at around 0.000005.
And then, over the course of 2021 and that crypto market optimism, we almost 10x-ed to 0.00005. If history were to repeat, we're looking at a ~$4 Hive price. But more importantly, it would be a better price to convert into BTC if ever you're looking to do so.
With all the Twitter drama and folks running over to BlueSky, I hope Leo Threads can capture some of the audience, although I think the crypto crowd isn't moving off Twitter any time soon.
Still, things are looking a lot more positive than they were a few weeks ago.
