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Which comes first?

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@jk6276
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Last week I put out a tweet, asking which of the following would happen first:

  • BTC = $20,000

  • ETH = $500

  • RUNE = $1

  • HIVE = $0.15

Well the race is still on, so lets take a look at how each is going.

Here is a link

The poll received 31 votes with RUNE gaining the most, ahead of BTC and ETH with HIVE a distant last.

BTC

On November 6, BTC was in the process of rising from $14000 to a high of around $15,800. I think from memory it was around 15k when I made the tweet. Would required a 33% increase to hit the $20K target.

Since then, it has consolidated between 14800 and 15800, and looks solid. As we all know, BTC can move $1000 + in a day, and it gains the lions share of attention for crypto.

Will it claim $20K - I think the answer to that is basically when, not if. Just a matter of time.

ETH

This is an interesting one. At the time of the poll, ETH was moving from $400 to $440, and I think it was close to 440 when I actually posted it. This would only require a 14% move to hit the target. I considered this as the most likely option at the time, with ETH 2.0 staking beginning, and plenty of other news constantly surrounding ETH.

It got as close as $460 at one stage, but it has been ranging around $440 ever since.

Again, its a matter of when and not if.

RUNE

By far the most ambitious target, Rune ranged on the day from $0.38 to $0.44 and was $0.42 when I dropped that tweet. A 133% increase required to hit the target. Well - The Thorchain community is obviously a big part of my twitter follower base, and they voted it into top spot despite the big target.

Since then, however, events are showing that maybe the RUNE Bulls are right. I have to drop a chart, can't help myself...

It's half way there, from a low of 35c just prior to the poll, to nearly 70c today. RUNE is shaping as possibly the most likely to hit the target first, despite it's target being the furthest away initially.

HIVE

HIVE needed just a 3c move to hit the target. I thought this could be possible, and figured it may be a surprise winner in this poll - only needing a 25% climb to win.

Basically ranging between 11c and 12c since, we are still waiting for HIVE to recover.

What do you think?

I wanted to bring this back on to LeoFinance, so we could get some feedback and thoughts on which coin you think will hit the target first, and why.

Let me know in the comments below.

As for me, now my pick is firmly RUNE. It's got all the momentum behind it at the moment.

Thanks for reading,

JK.

Posted Using LeoFinance Beta