I want Hive to reach a dollar by September. I want more users to flock and bring more value than last year. As you can see this is all wishes that one man can't execute by himself. One thing I know and I can see it. I see a lot of consistency among #hivers. I see growth via new front ends where it bring more eyes to Hive. Talking about Hive and not mention the price is subjective. This year around February all the way through March #HIVE was trading over 10 cents.
Something happened that affect the price till then. Still today it remain strong despite that drop. If you are new to the community it is an opportunity to get more Hive quicker. If you have been around, it may sound like a backward route where the value is not where you want it to be. Keep in mind understanding Hive has a lot more to do with having the right amount of token, just to focus on everyday price at a trading point in time.
When you fully understand this schematic of Hive blockchain, you will spend more time getting the token instead of the price. Since Hive trades directly with #BTC, it makes it tough for it to remain high compare to last year. Everything run through BTC. The minute bitcoin was not where it should be all altcoins have to pay the price. This is where valuation meets reality.
As for right now,
Hive is in a good place. It depends on all of us. I wrote not long ago, every true hiver should thrive to one million mark. It costs a fortune for many to get there. Personally I am hoping I can reach it by 2028 or 2029. It will take focus and be self-absorbed around Hive to reach that milestone and hope everything is well planned. Whatever you want for Hive, it is up to all of us that remain and keep less token in the market. The more you hold in Hive powered the less pressure you will see on the price.
At the same time,
supply and demand will make it course. Hive needs to be liquid to make sense to everyone. Some day someone has to sell in order for someone else to buy. Again BTC plays a role cause it is tough out there. The price you see up in the pic is the reality we have to accommodate with. Do not be surprised if it stays the same for a while or even go down a bit more.
If there are more pressures on the supply side, this is for sure it may go down in value. We have more than 500 million Hive available in the blockchain. Let's hope it remains in that 5 cents bracket. Be ready for the eventuality of the market. We all should call it opportunity the minute the market prefers the supply side.
Do you have a plan you want to share?
I know you do and I can't wait to see it on the comments section. In the meantime if you can, let's generate some good ol' posts and keep less Hive away for the exchange. Even if Hive behaves the way you do not expect, understand it is part of the journey. We are in the end of July. August all the way to December are a long shot to finish 2026 strong. Five months to plan and activate your move. One thing we can all agree with, Hive is here to stay and we are fortunate to be part of this grandiose community.
KEEP ON HOLDING...