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ETH ATH Inevitable, But HIVE Started All... And I Just Ate My First "Bitcoin Pretzel"

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@acesontop
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ETH is less than $100 day away, at the moment of writing, of claiming a new ATH and I bet it will do that today. The market has been quite stagnant in terms of "madness" since the ATH from April. Bitcoin has scored a new higher one(ATH), but nothing spectacular. My take though is that "the Russian coin" will get to $5000 than BTC to $60,000.

ETH usually leads alts into alt seasons, when DOGE sleeps and that should make us all excited, but this time it was HIVE boosting our good mood around here. HIVE has had a tremendous rally lately and so far not willing to go lower than $2. There's some powering downs going on, myself included, and that will probably affect the price.

Ethereum has a huge problem that Hive hasn't and that's gas fees... Yep, while on Hive you just need "a little fart" to send funds all over, in the case of Ethereum you have to sell something around the house, or a kidney to move a few hundreds away. Vitalik says he has the solution, though, and SOON will fix the issue... with a pretzel.

Ethereum is and will remain the second largest crypto by market cap due to other factors than its fees. One of them being the fact that there's no other project at the moment challenging it, and the other is NFTs... Too many garbage NFTs that are being sold at exaggerated prices are minted over there.

Hive has NFTs, too, and from what I understand we're gonna have plenty more to come, this time hoping to have an early entrance and grab some myself as well.

Don't you find it odd that ETH is close to breaking its current ATH and the market is so silent? Why does that happen?

I don't know, we've probably come to terms that crypto is not leaving anywhere and the FOMO we used to have in 2017 has been transmuted into a better attitude towards the market and the industry as a whole. I don't own ETH, but I celebrate what Ethereum is, although I also celebrate my country's national day today as well.

Don't forget that, if we will have a proper altcoin season, it was HIVE that started it... HIVE. H I V E.

Thanks for attention, Adrian

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