HIVE Jumped To $1.48 On A Serious Volume

Screen Shot 20211006 at 5.51.25 AM.png


As you can see from the screenshot above, HIVE did a super jump in the last few hours, reaching as high as $1.48. At the moment of writing it changes hands at $1.14.

The interesting part of this move is volume, which hovered just below $1B (about $912 millions the highest). That's a very serious influx. It's not necessarily a signal that this price level will hold, but mostly a signal that HIVE is becoming a serious option for investors. Or an option for serious investors, you may also read it that way.

The biggest exchange is still Upbit (Korea), with a volume as a high as $600 millions per hour, followed by Binance, with about a fifth of that volume.

Unexpected good news in the middle of the week. Usually these pumps were happening during weekends.

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16 comments
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i think this it won't be long hive will be on level 0.7 . I don't see this as unsustainable so I don't hold out much hope

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Any idea why? great news though !

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Constant development and innovation coupled with decentralized community outreach.. basically we rock.

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Indeed, but so hard to get passed the cognitive bias. Somebody discovering HIVE today would think it is worth much more (ecosystem / tx / users / games / social dapps...) but as I was there since 0.1$ it seems very expensive to me to buy HIVE now.

Good thing I can just HODL and not think about this right? :D

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No idea. I do think behind this is the same group / community that pumps Hive during weekends. Happy to see it on a weekday, though.

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Indeed, they are probably looking at the activity. Hive is #3 in terms of Tx, number 1 in crypto gaming and social networks and not even a Top 100 Crypto.

People finally noticed !

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Great feeling seeing HIVE excelling, a reflection of development and growth happening on the chain with active communities.

A toast to everyone as we hope for better days!

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I hope it can settle above $1 for now. We need steady growth based on real progress, not just speculation.

!PIZZA

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Current volume coming from UpBit(Korea): $1,230,506,490.

I have to agree with you that HIVE becomes an investment for serious investors.

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This is very good news for all HIVE users! Thank you for sharing and keep up the good work! :)

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