Influential crypto traders put their trust in the Hive coin. They are actively investing in the development of the Hive project. Developers are constantly looking for a way to expand the range of functionalities of the Hive cryptocurrency. The coin is also suitable for making electronic payments. In some countries, there are problems with the work of banks. The Hive cryptocurrency is capable of solving it forever.
The development of the Hive project is based on a unique technology that allows you to quickly and efficiently convert currencies. Users don't spend a lot of money on commissions. The listed factors fully determine the rapid growth in the popularity of Hive among traders. Limited supply in the face of increased demand contributes to a stable and rapid rise in price of the coin. Analysts predict that in the near future, quotes may reach $ 1. As of the end of July 2021, the coin is valued at 50 cents.
The potential of the project assumes growth to $ 8- $ 10 in the long term. However, much will depend on the policy of the management, in particular, how quickly investors will be attracted. However, the cryptocurrency has already gained a foothold in the market. She is quite capable of getting into the top twenty leaders by market capitalization in 2021.
Hive benefits
If we talk about the positive aspects of the Hive cryptocurrency, then it is worth noting. Fast transaction processing - Hive provides transfers directly. Coins are credited to the account balance within 5 seconds from the moment of the transaction. Energy Efficiency - Lack of mining also has a positive effect on the network. Using the Hive protocol allows you to verify transactions with minimal energy consumption. Accessibility - Hive coins can be used for blockchain transactions in countries where virtual money is little known or prohibited by the authorities.