WOW...
Hive is absolutely killing it in the markets today:
I've always been bullish on the price of Hive because of all the governance utility the token brings to the individual user. I also knew that things were going to start getting interesting in the markets after seeing this tweet the other day:
Interesting stats for the last 20 days:
— Mahdi Yari (@MahdiYari4) September 1, 2021
+14 million $HIVE converted to $HBD 🔥
+700K $HIVE burned 🔥🔥
+25 million $HIVE net withdrawn from exchanges 🔥
7% of the liquid $HIVE supply is reduced 🔥
Bullish? 🚀🚀🚀#crypto #CryptoNews #hive #cryptocurrency #Bullish $btc $eth
I didn't expect to see a +17-20% day though, that is a bit crazy. But I guess with such supply shock on the exchange side and such a huge decrease in the amount of liquid Hive, I should have expected something of this nature; it's the cryptocurrency metaverse... Anything can really happen at any time.
I'm excited to also see that people who are joining Splinterlands are beginning to also become aware of the content creation side and the fact that they are being given Hive accounts when they are signing up. It is important that we continue to be vigilant in sharing the full diversity of our ecosystem with people who are joining for the first time. There is so much to do that it can be a bit overwhelming, but you never really know what will be your favorite aspect of the blockchain until you've exhausted all of your options I suppose.
What does everyone think of this price bounce? Will it be short lived, or will Hive continue to get more and more expensive to stack? Let me know in the comments!
NEW TRIBE HERE!
Dunksocial.io
Links and Connections:
JOIN SPLINTERLANDS HERE
JOIN PRESEARCH BEFORE ITS TOO LATE!
Follow me on Twitter: Rob_Minnick23
LeoFinance/HIVE : rob23
NEW TRIBE: 
Join me on Torum: https://www.torum.com/signup?referral_code=robminnick23
Join Cake DeFi and get $30 in $DFI as a new user: https://pool.cakedefi.com/#?ref=187314
Noise.cash: rob23
Read.cash: R23
Join me on Publish0x: https://www.publish0x.com/?a=M7e587xqd2
Who I am:
My name is Rob and I am a college student doing my best to get involved in the crypto world. I have enjoyed blogging thus far and thank you for reading my article! Give me a follow and let’s build the community together through consistent engagement!