If you are new to Hive (formally steem) then you might not know that hive likes to occasionally decouple from the general crypto market and make its own gains.
There is low liquidity for the coin, so when people onboard or whales add coins the price can go up pretty big pretty quick.
Don’t be surprised if you see this coin up another 5x… but then again, don’t be surprised to see this correct 30%. Hive is very wild. Whales buying in do not want to move against themselves so much. So what they do, is buy a lot, get people to sell, they end up overselling, thats when the whale come back in and sell a lot more.
It’s a while ride, but hive is that blockchain that has been around for over 6 years now and still is trucking along. Quietly building and working to improve.