Hive manages $0.53 amid dip in crypto market

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Hello lovely people of Hive community. Hopefully you will be enjoying your life with good health and spirit. Friends, bearish trend continue in market as market observed almost 0.62% dip today. Global crypto market is struggling to surpass $1 Trillion. At one stage market was about to touch $3 Trillion. At the time of writing global crypto market cap is around $971 Billion.

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All coins has reduced worth during bearish market. Hive also observed almost 5.53% dip in last 7 days. On the other hands, top notch coin like BTC, ETH and BNB observed dip of 7.7%, 8.09% and 8.65% respectively. The figure reveals outperformed these coin with less dip. This doesn't mean that top 3 coins are not as good as Hive.

Actually top notch coins control the market. Out of $972 Billion market cap top two coins has a lion share of 58.6% of the total market cap. This reveals the influence of top two coins over other coin. The good thing is that Hive performed really despite the influence of top notch coins.

It is good to see that Hive is trading above $0.53 despite bearing market. At the time of writing coin is trading around $0.536. The way Hive showed stability during current long bearish trend reveals the high potential of coin.

Hive is the home of one of the most renowned game Splinterlands. Beside Splinterlands, Leofinane platform is also doing great worth to increase the traffic on Hive Blockchain. The future of Hive is green. Time to invest in Hive. Hive at $0.53 is still cheap to buy. It has potential to grow exponentially. What is your opinion my friends?Do you believe that Hive may achieve $5 at the end of 2023?

This is it for my today post. Wish you all a very happy, healthy and prosperous life ahead. Have a nice time.

Posted Using LeoFinance Beta



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7 comments
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The prices are never Stable but we hope to see it rise again

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Hive price is holding up so great. When other altcoins are faltering, this is impressive !

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Hi
The dips are never good as it makes the portfolio look weaker.
However with hive it is a good opportunity to get it cheaper.
from there one could power up or put the funds to work by putting them in one of the pools.
The power of compounding would work to your advantage.

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Hive has constantly shown stability in the crypto sphere even at the massive dip in the overall market cap, hive most time remains constant. And its potential is limitless

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Hive at $0.53 is still cheap to buy. It has potential to grow exponentially. — as an investor what is one really waiting for ? It is a good opportunity to get as much as Hive as possible now that the price is low and cheap . The potentials Hive has cannot be overemphasized.

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