It is resistance and support.

Break 1$ means new ATH sooner or later.

Hive has value like BTC, not a single entity can fuck around :D

IMO hive will do a ETH move as soon the major issues are fixed. Social and finance is such a powerful instrument. Think about in combination with smart contracts and wrapped tokens + high liquidity dexes :)

An onchain HBD/Hive pool would be a nice start for that foundation. The 10% APR move there, bam.

It would work like a centralized token with all benefits of decentralization. Sure haircut and stability are things that only time will tell it works out.

But with some technical adjustments, i think it could work out.

Defi protocols could build on L2 on top of that.

Would it be this unrealistic to see an 100x move from here? Splinterlands show us what a working Dapp can do :) 10 of them + 2 good working social apps, bam :D.

maybe not 100x, but an solid foundation. Thats my 2 cents to that :P