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Hive over $1, LVL pump and the pain of not buying more

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Belemo
@belemo
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I spent way too much time in the trenches of Hive, so I'm not exactly sure how to feel where we are right now in terms of price. The PTSD from being sub $1 and much closer to ten cents has made the past couple of months feel like I'm in nirvana.

So hive is now above $1 again and while this is good news, we know we can be doing much better. However, based on the current circumstance of the market, this is something positive.

I always knew a day would come when we'd normalise hive being over a dollar but now that we're here, I'm still awestruck by it. Obviously, the trajectory of Hive shows that in the next four years we'll be having this conversation with Hive trading above $4 but when that time comes, we'll deal with it.

Looking at the current price of hive, it kind of feels like we're sprouting a tad bit early. However, since we didn't make any huge jump in price, it is safe to say that crossing the dollar line will be sustainable for the time being.

Another Level (LVL)

As if Hive's pump wasn't good enough, a recent asset that I talked about moved up a little bit. Ever since my first publication about Psyber X, the token has almost doubled its value against the dollar.

That move was reflected in my wallet and my only pain is that I didn't buy more.

Anyway, seeing a token pump is nice and all but I'm not too pleased that it's pumping now.

I had plans to stack the requisite 200K tokens for the crates airdrop from the game but as things are now, that goal might be harder to achieve.

I will still do what I can to accumulate more tokens but I know it won't be easy. I'll end up being stretched at the end of the day but seeing as we've covered most of our personal financial needs for the month, barring an emergency, I reckon we'll be able to scrape up some funds to invest in LVL tokens.

On top of my own 200K tokens, my wife is also interested in getting some for herself. She lives with me but she also reads my publications and likes to invest in projects that I shill.

I got some 12.8K LVL tokens for my wife with her own hive just last might and right now, they've already pumped by 32%. I should have gotten it a day before and her profit would have been much more but I totally forgot.

Move fast

As we come closer to the day of the first view of the game, I expect the price of LVL to continue rising. The early birds are eating the nicer worms but getting in now that it's still young puts you in the early bird position as well.

If the videos of gameplay released end up being as awesome as we're all expecting it to be, you can bet that the price of LVL will experience further pumps.

On Hive engine, I checked the information and the maximum supply of LVL tokens will be 500M.

If you consider the gaming industry and how much value is flowing inside, you should know that $1B market cap is very possible.

However, even getting LVL to $1 per token and the total market cap to half a billion will be a nice achievement as well.

When you think about how successful Splinterlands has been and how much money flows in the game, you can get an idea about the immense potential of Psyber X.

Interestingly, psyber X seems to be taking some notes from Splinterlands and is also running some marketing campaigns on Splinterlands through Tournaments.

The point is that Psyber X is really just beginning and this recent pump in LVL is just the tip of the iceberg.

There will be more developments, bigger marketing campaigns and increased interest in the project. Seeing as there's a VC funding the project, you can bet that they won't want to waste their money.

If the Psyber X project delivers a quality product that turns into an addiction, you can rest assured that LVL token holders will feel the love. On top of that, the entire Hive ecosystem as a whole will experience a boost in usage, and traffic.

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