Current HIVE price on Binance (although I took the screenshot a bit late, it was higher.
An amazing feat, LEO, CUB, HIVE... every single one of them (of course, Bitcoin included) is going to the moon over and over again. Just a few hours ago, I realised that Hive was recovering its price after dropping down to around $0.35 a couple days ago. (It was moving between $0.35 and $0.37 for a few days) suddenly, the price spiked to $0.4, then $0.41 and at last, $0.42 -- while this may seem like a small thing, the highest so far I've observed during these pumps (sustained) was about exactly $0.4, where it reached that a couple days ago before instantly (and I mean instantly, in a few seconds) plummeting. Currently, as I write this post, Hive is over $0.41 and is close to $0.42.
Of course. HIVE is not the only thing that is rising quite fast at the moment. LEO, at one point (before someone dumped a few thousand today all at once) it was getting quite close to $1.5 -- though, with the constant CUB/LEO burns thanks to Cub Finance I am sure that target is not far away.
Regarding CUB, the next emission decrease (from 2 CUB/block to 1 CUB/block) is coming up shortly. Usually, when the emission rate drops, since less CUBs are being printed every day, one might expect a price increase, however, interestingly, this was not the case last week when CUB emission dropped from 3 CUB/block to 2 CUB/block, I think price actually went down a bit. Though, I believe the reason for this is because how "yield farmers" (people who literally scourge DeFi scene) left after the emission rate dropping reduced the APRs, however, I am assuming less people (if any) will leave after this week.
Friends, to conclude this post, I would like to say one thing.
Diamond hands.
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I like looking at daily candles on HIVE. Some people like to talk about "HIVE was $1", but that was only for a moment when the market opened on Binance. Realistically, we're getting back to about where it was at launch
Wooooow
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What was the price of CUB at lunch ? Is it going to be 1 CUB/block indefinitely ? or there is some token cap ?
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