Dear Hivers,
This is a historic week for Hive. Not only did this blockchain complete its first month but also witnessed a new all time high.
Right now, Hive is touching 40 cents with extreme pride:
In the last two weeks, Hive moved from 8-10 cents to what you are seeing today – 40 cents. That's a whopping 283% growth.
But that's not all:
Hive continues to rise with an insane daily trading volume.
To give you an example:
Right from the start, the trading volume was: ~$250,000.
Trading volume in the last 24 hours: $23,000,000+
This is almost 100 times!
Meaning new money is entering the Hive world. It will be a combination of holders, serious traders, and old users returning to the platform for various reasons. And that's a fantastic news!
In fact, this is why everyone should:
It goes without saying: there will be volatility.
In fact, the current rally has reasons behind it. You see, we saw this because of certain events in the last 3 days:
Overall, these back-to-back events lead to this insane rally. We will be witnessing unexpected price action going forward.
People, from earlier platform, will power down – and move to ours. And then, we will also have some of the people here selling and buying tokens.
All in all, you can expect price volatility in the coming few days.
Personally, this change in price is a great way to grab the attention – and invite new users, establish brand awareness, and create visibility in the crypto sphere.
Plus, as we onboard new users, we will begin to see a spike in applications, users, and the overall Hive ecosystem.
Exciting, isn't it?
Cheers,
Sid
What do you think of the price change? Where do you see us going? And what does it make you feel?
Happy? Excited?
Let me know through the comment section below.
