I couldn't help but notice the significant spike that Hive made a few hours ago. It was rather surprising considering the subdued movements altcoins have made this season. Usually, Bitcoin moves and the alts follow. While we have seen major movements from BTC and Ethereum, the remaining alts have not moved as well.

Independent movements from the general BTC trend are something I believe is needed for various reasons. It not only enables us get noticed in the crypto verse, but such interests often arise for a reason and provide strong validation of the project in question. It is even better to have price movements independent of general market movements to have a clearer picture of the project in question.

Hive spikes are not rare. Independent Hive spikes are also not uncommon. We have seen rallies in the past that have made moves despite stagnancy of the general crypto markets. It is therefore unsurprising to see Hive make major gains over a period. Another thing is that we have an assortment of drivers that could be potentially responsible for them.

For us on Hive, the drivers are many. The project itself, second layer tokens, HBD, splinterlands, leofinance are some of the things that could be major Hive drivers. The dynamism of project possibilities on the Hive chain make it all the more interesting. You can be pleasantly surprised The performance of one project affects the entire chain positively. We saw it with splinterlands and leofinance, and perhaps there is more in store.

Evey time we move up, there is the tendency to remain there the longer we stay. I like rallies because they are a simple way to get noticed. Although the likelihood of having committed investors appearing from Short rally is low, the longer it is sustained or the more frequent it is, the more people are concerned about the Hive chain. We will get to a time where current prices will be unheard of for bottom prices.

It Can Happen Anytime

I call it the miracle of a successful project. Rallies take their own time and are not concerned about the general markets. It doesn't mean that we monitor prices everyday (unless we trade), but we do need to invest in the project itself. Hive helps to occupy us ensuring that we don't lose sight long term ambitions and simply monitor prices. This helps to relax us irrespective of market activity.

As the spike subdues, I have confidence that it won't be the last time we see such independent movements. The strategy is just to keep making those long term moves.