Hive: $1 Billion Market Cap Soon?

I guess today Hive made lots of people’s account look lambo worthy. This is beautiful because the price of Hive spiked over 100% increase. I watched the value of my Hive double and became my most valued asset in my portfolio. From my observation Hive has had a 700% price increase since I discovered Hive in May. When I joined Hive, the price of 1 Hive was $0.2 it got to $0.19 some time that period and I can remember my friends getting worried about the price.

Fast forward to 4 to 5 months later, Hive’s price got to $1.5 almost got to $1.6. This means that the market cap of Hive increased 7X the last time I saw it in May.

My excitement was uncontrollable, it was 1 am, lots of people were sleeping but I didn’t care, I entered everyone’s room and screamed Hive is $1 and they woke up with a confused sleepy eye, asking me what the problem was. I will have to apologize later though. But I needed to express that joy and happiness, it was overwhelming.

Few days ago, Hive’s market cap was just barely over $200 million. But the pump got Hive’s market cap to get to $430 Million. This means that $1 Billion Market cap is just by the corner and achievable. All Hive has to do is get to $3 and we are good to go. If Hive could achieve making a 7X price spike in 5 months then I believe a 3X spike before the year ends.

The pump was really unexpected, just like every other pump, the spike was longing for minutes, I was lucky enough to have some few Liquid Hive to sell off quickly before the dump. Usually when a great pump comes like this, a dump follows through because people get so excited and dump it. Discord groups were filled with excitements and my Twitter feed was filled with lots of celebrations. It felt like a digital party and everyone was happy.

The beauty of the Price was that, the price Hive got to few hours ago was it’s All Time High, so Hive just surpassed the previous ATH of $1.1. This is the bullish Hive we are talking about, and we all know that $1 is an unfair price for Hive, but it’s a journey and we are very lucky to proudly call ourselves the early investors of Hive. When Hive gets to $10 that’s when I will know that Hive is finally being recognized for its value.

During the pump, the news circulating was that the Asians are the ones pumping the price. This is because of the trading volumes gotten from the crypto exchanges. Why the pump though? did they finally come to the state of realization that Hive is a beautiful platform with massive potentials and decided to invest early before the price gets over blown? Whatever the reason may be, they are on the right track. Hopefully before the end of Q4 I will come back to talk about Hive reaching a $1 Billion market cap.

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