The last few days have been very good for hive tokens as the price has gone up and this time it's different. Although this is not the first time when hive price was pumped but this time it's different because it happened when the entire market is in bearish sentiment and even Bitcoin has not shown any good price movement towards the green color. It's always great to see the hive price going up and if this continues the same way then I don't think that crossing $1 will take long so let's see how it will behave in the next few days.
Here is the hive chart and we can see a sudden spike in the price in the last 24 hours it went all the way up to $0.65. We have seen the hive price below $0.35 and now it's almost doubled so yes it's an opportunity for those who believe in hive could have made a good profit. $1 hive is not a big thing it seems and the price seems to be looking good at this point.
The hive ecosystem is growing and the amount of development is high which is bring more value to it. Some projects like splinterlands, LeoFinance, 3speak, upcoming Ragnarok game are getting so much attention from the community and new people are coming up. As of now, the hive rank is 111 as per the market cap but it was in the top 100 for some time I believe that this is a milestone and probably I expect the hive to make its place back to the top 100 soon.
Price is an important factor for any project in crypto and with the hive, we have seen significant growth in the last 1.5 years approx as we have seen hive at 10 cents but now I don't think that hive is ever going to be the same price again. It's crypto and we are still in the bear market it is also anticipated that this bear market is going to last long as compared to the previous ones and if this makes hive price drop further and if it reaches my buying range then I will try to buy some. Having more hive power is something that everyone wants and it's something that is never enough. The more we have, even more, we want to have, and hope I get the opportunity to bag some hive tokens.
Thank you so much
Stay Safe