The Hive Blockchain is experiencing a great surge up in price, with gains of nearly 200% in the last 3 days! The current high is $3.10 (Binance Price), up from just over $1.
Hive users have long known that the price of Hive tokens has been drastically undervalued for a long time. This has likely largely been due to a lack of market awareness of what Hive is, combined with misinformation being spread surrounding the emergence of Hive from the Steem blockchain.
With the massive success of Splinterlands, being one of the most played decentralised online games, powered by Hive, along with mainstream marketing of the main Hive blockchain, we are seeing significant market support for the main Hive token.
For those who are unaware, Hive is a blockchain powered social networking ecosystem with a variety of novel features that truly upgrade the outdated Web 2.0 experience of social networking that we are used to from Facebook, Twitter and Youtube. Essentially, users of Hive own their own account as the system is open source and publicly run. There is no way for accounts to be perma banned or fully censored, as there is on Web 2.0 platforms. On top of this, users can receive cryptocurrency rewards for a variety of activities, ranging from blogging/vlogging, through to commenting, curating content, providing software to projects and much more besides.
As an investment, Hive enables significant staking rewards on top of enabling HODLers to use their Hive to power up their votes in the social space that direct daily inflationary rewards to users that create the content they enjoy.
With mainstream social networks becoming ever more authoritarian, attempting to control the public narrative of key topics for their own reasons, it is all the more significant that Hive enables a free speech zone for the web. Keep watching Hive as it expands to pose a real challenge to existing Web 2.0 mega sites and offers humanity a genuine way to be empowered online!
If you are new to hive, head over to the user manual for Hive that I have written just for you - you can find signup links and help in there too!
Wishing you well,
Ura Soul
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Note: Witnesses are the computer servers that run the Hive Blockchain.
Without witnesses there is no Hive blockchain or DApps such as PeakD and 3Speak... You can really help Hive by making your witness votes count!
Get paid to mine your imagination for the benefit of the entire NFT world:
NFTSymposium.io.
Memories of fall 2017 when we hit $10. With all the garbage pump and dump chains out there HIVE should be at $10. The content, creators & communities alone make it worth a lot, add in Splinterlands, NFT's, 3Speak & free transacting and HIVE is way undervalued.
Absolutely, but perhaps this just shows how much of crypto is really being dominated by scammers.
Seeing the increasing number of Dapps using Hive as a blockchain platform, there is no way for this coin to go, but up. Though for a time, the market may not be aware of its existence, but as long as value and services are continually created, HIVE holders will certainly be rewarded.
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I've been saying since the beginning of Hive..
We have what the World NEEDS right now!
Right here!
Join us.
I love the price spike feeling. TO THE MOON! But I don't see this rapid rise as evidence of long-term fundamental support. Time will tell, but a correction should not be unexpected.