I am observing from a long line that all the crypto currencies are pumping and moving towards their all-time highs because the whole market is bullish. In this bullish scenario, I am concerned about the #hive token and why it is not pumping.
As long as I have been involved in trading, I have always traded only two coins. One is #hive, and the other is ADA (Carano). I am sure that I used to trade cardano for about 1 dollar or more and #hive for about 75 cents.
When the market started to bearish, both ADA and #Hive coins started dumping after one year or one and a half years; they reached about 25 to 32 cents. The price of Cardano and #Hive became equal.
Now that the market shows a bullish result and the environment is quite positive, all the coins are pumping and moving again to their positions.
Even Cardano (ADA) is also hitting its position that I have mentioned above, but I am very concerned and worried about the #hive coin; it is still at its accumulation zone and is not moving to its price that I have mentioned.
I am always thinking about this difficult state of the #hive. Let me show my readers how much difference there is in the prices of Hive and ADA. ADA is about a double hive token. What is the reason that it is still in the same place?
It is a great blockchain, and all the #Hive users know that this blockchain has functionality. There are so many apps working behind it. #Hive has an integral role in the flourishing WEB3 economy, where decentralized applications, smart contracts, and diverse digital assets converge.
Despite all these remarkable merits, #hive is facing itself in a somewhat undervalued position in the market. The reason isn't its functionality or deficiency; I think it is a matter of visibility and awareness.
All the functions and potential of #Hive Blockchain are invisible to many individuals yet. It requires hard work to close this gap and keep the audience informed about the functionality and potential of Hive Blockchain.
#Hive has a lot to offer, but not many people know about it. We need more people to recognize and appreciate its awesome possibilities so that it can become even more popular and useful.
The content I shared with you guys is based on my education and knowledge. I wish you people will appreciate this post and reblog if you like it. Thanks for sticking till the end.
