Damn, man this something which we all have been waiting for! HIVE is practically soaring across the top gainers of the day. Literally going up over 50% today in terms of price. Which is a very good news for HIVE. Honestly, there are lots of users of HIVE blockchain who are not worried about the price of it, rather they were busy in accumulating as much HIVE as possible when they had the chance. Not that HIVE has reached its full potential yet but this is just the beginning ;)
The market was in correction today. The fall was somehow predicted by many. Which utterly gave a chance to many hodlers to buy back, in the downtrend. Were you on that group? While there were plenty of things that could have happened on this particular downtrend. Imagine this one happening a year back. Where no influence were there? Not enough money on the market just some hype and predictions. But the situation is somehow different atm. Many institutions are investing in loads in crypto. We have all the attention we needed. All together, even a dump in the market will not affect us that much badly, which would have in the past. Literally, this is a very good momentum for us all. We hope it continues to do so in the coming days.
Under normal circumstances, this sudden pump would have attracted a lot of sellers. But seems like some are in the mode of stacking. See the depth graph and you can decide what is actually happening. The chart is of HIVE/USDT pair. See the 24h vol, this is much more lucrative at the current position. This could be a positive move for HIVE.
In addition to all, the coins which you have missed the chance to get into, this correction could be a very nice choice to get into the coins which you may think has potential future. In my portfolio I would definitely like to see some of these coins :
Cardano is a proof-of-stake blockchain platform that says its goal is to allow “changemakers, innovators and visionaries” to bring about positive global change.
The founder was also a co founder of ETH network. The vision of his and the team quite successfully illustrated the upcoming potential of its network. The adoption of its eco system will decide what will happen to the coin value of its network. So far the growth has been 4 times over the three month period. Which has much more potential to grow over the time.
Well, just few words. The next ETH killer. Claimed by the team and a lot of die hard fans out there. Within a small span of time, the response from the community has been immense. This does ensures the potential of the coin. In addition to that, have you noticed the price of DOT. It was on my eyes, from the very beginning, aka from 2-3$ range. Which is currently pricing on the range of $29. Just imagine when the ecosystem of this coin rises to the peak and gets adopted in mass, where it could reach over the time.
SIA and Pancake swap has their own fan base. I doubt I need to say sth about them. While these are just my thoughts on the coins above. DYOR before getting into those.
I am going to sit back and enjoy the correction and if possible accumulate some of the cheap coins within my range. What are you waiting for?