The reality is that Hive is a utility token that is going to depend upon the user base growing a great deal. However, when you break down the numbers, if there are 1 million active users of Hive based DApps, not a huge amount in the world of the Internet, that leaves roughly 400 HIVE per person. Obviously not all will be equal but you get the point.

Leofinance is showing what is possible. There will come a day where we will see dozens of projects on Hive all doing similar things. At that point, the number of users could be exploding.

We already saw a couple follow the program: sign up using Metamask, buy some HIVE and power it up, and then buy more HIVE which was converted to Hive.swap and used to purchase LEO.

All of this provides buying pressure for HIVE. Again, if there were even 20,000 people doing that, in small amounts, that would change the trend of HIVE very easily.

Posted Using LeoFinance ^Beta