These days, many people are confused about the future of Hive coin. Everyone wants to understand whether Hive can perform well in this bull run or not. Just like Bitcoin performed well, so, what about hive coin?

This question is completely valid, because so far, the performance of all altcoins hasn’t been anything special. Only Bitcoin is performing well at this time, and because of that, there is some confidence in the market.

Hive investors confusion are right because we have seen 90% altcoins have not performed in this bull run even after Bitcoin makes another all time high. It makes us confuse that why other alts are not following Bitcoin like they always followed #Bitcoin in the previous cycles.

But this bull run is also a bit different from the previous ones. Earlier, altcoins also used to go up along with Bitcoin, but this time it seems like only BTC is dominating. That’s why people are a bit confused about what will happen to coins like Hive.

We as hive investors always think about this coin and we want to know about the performance of this coin. We want proper analysis of this coin and want to be satisfied with the good performance of this coin.

One thing is very important to understand here, Hive has no direct connection with BTC. This means that if BTC pumps, it’s not necessary that Hive will also pump. And if BTC crashes, it’s also not necessary that Hive will go down.

Hive has its own way of moving in the market, and this coin has a separate identity because of its own ecosystem and use-case. That is why I like about this coin very much, I am remember in the last bear cycle when Bitcoin crashed by 10%, Hive was the only coin which pumped by more than 60% in just few days.

That is why Hive is not dependent on Bitcoin. Hive is a lagging coin as compared to other altcoins. I have compared some coins with hive they have increased by 20% but Hive only 5% which indicates that this coin is slow as compared to others.

One thing which I noted is that whenever, Bitcoins starts taking correction, hive starts performing and starts pumping. This time I am seeing the same scenario that when Bitcoin will take correction, Hive will start to increase in price.

I believe that Hive has potential. Maybe not today, but definitely tomorrow. If the market mood stays right and a little buying pressure comes in, then Hive can easily go 2x or 3x. I even think that Hive can definitely reach $0.8 in the coming few months.

If you are thinking long-term and your patience is strong, then a coin like Hive could be a good option for you. There is risk everywhere, but making an informed decision is important.

I hope you find this post interesting and I hope you will like it. If you like the post, please leave feedback in the comments section so that the next one will be even better. Thank you for sticking with me until the end.

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REMEMBER: We should prepare for the unexpected and hope for the best. Life may not be easy, but you must do your best and leave the rest to God.