As the price of all cryptocurrencies is having a huge pump, the price of Hive has also been increasing. The last time BTC had a significant pump, the price of Hive did not increase substantially, and we did not see a notable rise in the prices of other altcoins either. This time, BTC is reaching a new all-time high, and it is usually an expectation that the price of altcoins will also pump after BTC's pump is over. People book their profits on BTC and invest on other alt coins.
I have been holding some of the alt coins which I have not sold for a very long time. Some coins have not even reached their buy price, and some coins are pumping very well, but I don't have any holdings. Most of my holdings are inside the Hive ecosystem. I have been holding a lot of Hive tokens and have been continuing to increase my holdings by investing further.
Expecting 1$ this time
There is a huge expectation for the price of Hive to reach at least a minimum of 50 cents this time. If the time is very good it can even go beyond 1$, but there should be a strong reason for people to come to Hive. Last time, I don't know what the actual reason was for the new all-time high to happen, but I think people wanted to invest in NFT projects and wanted to play games on Hive. Many projects were emerging on Hive, creating a huge demand. Last time when the price of Hive was pumping, it reached only a maximum of 60 cents and did not go beyond that.
I don't want a new all time high for Hive, but I want to see the price of Hive reaching at least a minimum of 1$. I have invested some stable coins on Hive when the price was about 90 cents, and I was trying to do a trade there. I wanted to buy at 90 cents and sell at 1 dollar again, but I ended up seeing the value of Hive go down and as low as 17 cents. It was a great opportunity for people to purchase Hive at 17 cents, and even now, they would be at a profit as the value is slowly increasing. The market is looking good right now.
If you like what I'm doing on Hive, you can vote me as a witness with the links below.
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