Taking a Peek at Hive Price
Hive is up about 13 percent today and still moving upwards along with a few other tokens, on a day most things are trading fairly flat.
After what I consider to be one of the best Hardforks ever executed in the history of the chain. Also one of the least drama filled and well received set of changes, so I decided it was time to take a look at charts and action.
One of the first things I like to look at is where the trading is happening.
Most of the time when Hive has a significant pump the volume is concentrated on Upbit and is Hive/KRW a Korean currency. There is also higher than normal activity on Binance as well.
Hive's Market Rank is currently #183, which is up a bit from where it has been trending.
The current competition in tokens with similar Market Caps.
It's hard to say where the over all markets are heading, but all things being equal it seems that recently Hive has been holding it's own better amongst it's current competition.
The Tribes have been doing well recently and the extra tokens and Community Development is finally coming back strong. People are building communities, making tokens and enjoying their spaces and it seems to be improving use and the overall mood!
Congrats to the Hive Witness Team on a well executed Hardfork and congrats to the Tribe and community members I see out there still spreading the word and giving Hive some brand name traction.
Posted Using LeoFinance Beta
