Hive at $1 Possible within this Year?
Who wouldn't believe that Hive would reach $1 soon? If you look at the price history, we even reached a $3.41 peak! Yes, and that's only around 30% of the all-time high price that we had last 2021 and that's exactly the reason why $1/Hive is possible very soon. Right now, we're sitting at around 40 cents only and we need 2.5x to jump into that value. We just need some catalyst.
One particularly needed is the ongoing tension on US regulations and their efforts to crack down / regulate cryptocurrencies there. The United States of America is a major contributor to the overall crypto market cap and they are as equally as important as Bitcoin in the crypto world. That's why if we beat and meet US regulations at our advantage, Bitcoin could reach new highs, which means the anticipation of rising alts will proceed too.
The second thing needed would be partnerships, collaborations, sponsorships, or integrations from other established entities. I think that if we get the attention that we long deserved. I think we'll reach new highs if the bull market season will officially starts. I imagine a certain company or a certain institution uses Hive blockchain.
I'm excited as I think I will be reaching $0.10 per full vote and I think that's a great achievement of mine. That's 10% of the value vote (of $1/full vote) that I am aiming to have. I think that will be awesome! Imagine supporting a post that has $1/full vote. I can't contain my happiness if that happens.
Posted Using LeoFinance Alpha
As at earlier this week, i checked the hive chart, i wasn't smiling. It literally drop to $0.38, but i guess its gradually rising.
Hive reaching $1 this year might sound possible, but since we are excepting the next bull market in 2024, do you think that will still be possible ?.
I still think it's really possible but needs a major factor. I think Bitcoin will be the biggest factor for Hive to reach $1.
I think by the end of the year we will reach $0.15-0.17, but next year maybe $4!
$0.15-$0.17 is possible as I have anticipated too that we'll see more alts and BTC stumble this year. But I'm more excited about that $4!
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