Hello lovley people of Hive community. Hopefully you will be enjoying your life with good health and spirit. Friends, Hive shines today despite dip in crypto market. In last 24 hours crypto market observed 2.5% dip. Current global crypto market is around $950 Billion. Almost $22 Billion wiped out from the market in last 24 hours. Majority of companies observed dip as a result red color dominance observed in market. In such situation Hive performed really well.
Hive started today journey with a worth of $0.4908 and at one stage it reached as high as $0.69. However, coin unable to maintain its worth and at the time of writing coin is trading around $0.631. Still coin observed 30% gain in last 24 hours which is indeed a remarkable profit.
In my opinon, price of Hive is still below its potential. Coin has huge potential to surpass $1. Pumping in Hive value for short term provides a good opportunity for investors who held liquid Hive. Good opportunity for those who have no exces of selling Hive on centralized exchange due to ban and limitation of their country may convert Hive into HBD.
Conversion of HBD may help to earn good profit when worth of Hive will observe dip. Bearish trend continue in crypto market as market failed to achieve $1 Trillion which at one stage was around $3 Trillion.
Economic crises indicates there is a possiblity of market dip. Today conversion may help user to earn decent Hive on shifting of Hive in to HBD.
In my opinion Hive is available to be traded on more centrlized exchanges, which made it easier for user to trade coin easily. It will help to give more popularity and adoptability to Hive. What is your opinion my friends?
This is it for my today post. Wish you all a very happy, healthy and prosperous life ahead. Have a nice time.