Woohoo, HIVE PUMP, Moon now?
Woohoo, HIVE PUMP, Moon now?
Hi Friends,
WOW, The HIVE price really took off in the last 24 hours, skyrocketing 16.48%! This impressive price increase is surely something to shout about. If you were lucky enough to jump on the HIVE bandwagon before this dramatic price increase, then congratulations - you've just cashed in big. For those of us who missed out on the opportunity, there's still hope yet - HIVE's price could continue to climb?
When we look at the other factors, it's looking good.
With $ 14.71M in trading volume over the last 24 hours, Hive Token is the #211 cryptocurrency by volume. That's a lot of coins flying around, and the numbers only get more impressive when you look at the changes over the last 24 hours and month. The trading volume increased by 286.12% in the last 24 hours and is up 592.85% in the last month - that's a massive leap! It's hard to believe that Hive Token has made such a dramatic surge in such a short period of time. Is this the beginning of a wild ride or just a momentary blip?
While I am not a financial advisor, the classic pattern of a pump often signals a dip again. With the amazing rise of the HIVE token today, I can't help but wonder if we will experience a dip in the near future. My gut instinct tells me that it's likely, but of course, I could be wrong. But if history repeats itself, as it often does, then there is a good chance that the HIVE token might take a dip after its recent rise.
I'm still feeling very confident in HIVE and its potential!
Every day I add more and more to my position and I'm looking forward to seeing what the future holds. I'm especially encouraged by the recent developments and I'm confident that the future will bring even more success. I'm excited to witness the growth of the HIVE ecosystem and do my part to support it. I'm proud to be a part of it and I'm looking forward to more positive developments in the future. HOLDING and BUILDING on HIVE is something I'm passionate about and I'm sure that it will pay off in the long run.
Yesterday, the ever-intrepid @nathansenn, the founder of @DBUZZ, made the rounds on several podcasts. (NoDegree.com #TwitterSpace, #HiveChat and #HiveSpace) wow Talk about a busy bee! And today we've witnessed a pumped-up HIVE price — could this be related to @nathansenn's hustle? We can only speculate, but one thing's for certain — this is an exciting time for the HIVE community. Let's keep our fingers crossed that the good vibes continue!
Thoughts... And what's yours?
The HIVE token has made quite a bit of progress over the last few weeks. It is understandable why some people (such as myself) are feeling bullish on cryptocurrency and its underlying blockchain technology, but is it reasonable to assume that the token will continue to rise in the near future?
The potential of the HIVE token and its underlying technology is certainly exciting, but it is important to remain cautious and to understand the dynamics of the cryptocurrency market before investing.
- What are your thoughts on the HIVE token and the recent pump?
- Is it just a short-term rise or the start of a new trend?
Cheers, and thank you for reading!
Disclaimer
The information presented is for educational purposes only and is not to be considered investment advice. Please do your own research before making any investment decisions. Cryptocurrency investments are volatile and high risk in nature. Don't invest more than what you can afford to lose. I make no representations, warranties, or assurances as to the accuracy, currency or completeness of the content contained in information or any sites linked to or from this document for future material.
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Always get excited with the pump, but then it comes down again. But i too think lots of potential lies here. It's probably gonna be up and down for a while!
!PIZZA
Also don’t think the current pump will be sustainable. Price will come back again but if we stay higher than before: great.
I am holding my Hive until we reach a new ATH. My target for the next bullrun is a 5-10$ Hive. 🙋🏼♂️
Hive bull run will be confirmed by the good volume which must be above $30K.
The probability of it going down again are higher that it being a start of a new trend. Whatever the case may be, I'll keep buidling and hodling.
In late 2021 I learned that the South Korean exchanges pump-and-dump the HIVE price regularly. A few of those pumps lasted a short time.
However, the last PND felt different: even if our South Korean friends did their usual PND activities, HIVE held on to the pumped price longer than it had in previous PND cycles. I want to attribute that to the growth of the Hive ecosystem and the continuous development taking place. Splinterlands was a big part of that for many months.
Each PND cycle is different, so I have no idea how this one will turn out. Let's ride this one as long as we can as far as we can.
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I gifted $PIZZA slices here:
@mimismartypants(2/5) tipped @jacuzzi (x1)
Send $PIZZA tips in Discord via tip.cc!