Steem's Price Surge on Bybit: A Closer Look and the Road Ahead for Hive

We got some surprising news these days that is equally unbelieveable. Today, I was looking through the #thread feed in #Inleo for any excellent threads to react to. I stumbled upon a friend's thread in which he mentioned that #steem is now available on the #Bybit exchange. As I read this discussion, I became amazed and realized that the price pump occurred on October 24th.

I don't know much about this news, but if it's true, it's a pretty positive move by Steemit and the controllers. I don't want to see #Steem featured on many exchanges because it's a nearly dead website. In comparison to #steem, we have a better hive platform that deserves to be listed on several exchanges.

It is obvious that a newly listed coin on any exchange will have a positive impact on the price and its advancement. Being listed signifies that the exchange accepts this coin and has a strong belief in it. This is without a doubt wonderful news for #Steemians, and we may see another good pump shortly.

They will undoubtedly issue false pumps from that exchange in coming days in order to convince people that the Steem coin is stillshining. They specifically want hive users to believe that steem is still alive and rising in power. Many hive users may be wondering why we are not on steem and why we do not have steem holdings to get some benefits.

You should be grateful that you are not on Steemit and that you do not own any steem coins. There are numerous reasons for this, the most important of which is that Steemit has become a more centralized platform, governed by @JustinSun and his followers. Your assets are not under your control; however, you have shared them with the platform's owner.

It is possible that they will deceive their users by stealing their cash or blocking the website at any point. If that happens, Steemians will suffer a significant loss. So, before you join the steemit platform, you should consider these issues. On the other hand, we have the #hive ecosystem, which is completely decentralized and is managed by a team of 20 witnesses which we do vote as proposal.

There is no control system in this platform, and all of our assets are safe. Witnesses have no authority on our wallets and are merely there to comply with rules, updates, and other things. Never judge a coin by its price because #luna's price increased and reached around $140, yet what happened to it occurred in front of all of us.

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Without a doubt, the price of #Hive has not yet increased, but this will happen very soon. It is obvious that when a Pepsi drink is opened, there is a lot of gas pressure and a loud sound at first, but this only lasts a few seconds. Following that, it returns to normal. The same is true for #steem currency, which has surged hard and will continue to decline, as it has already done.

#hive is the slow and strong coin. #hive is growing slowly, but it is headed in the right path. Enlisting in any exchange is undoubtedly a huge success for any coin. We also need #hive coin to be listed on numerous exchanges, which requires witnesses to go above and above to have this coin listed.

Consider what would happen to the price of #hive if it is listed on several other large exchanges. If steem has gained more than 35%, I am confident that #hive will rise even faster than steem. We will witness a significant price increase, which will please all hive users at the time. Anyway, I'm looking for a nice time for #hive and the expansion of this ecosystem.

This is an attempt on my side to explain why the price of #Steem rises in this manner and what work hive requires to see some good price moves. I hope you find this post educational and informative, and I hope you enjoy it. If you like the post, please leave feedback in the comments section so that the next one will be even better. Thank you for sticking with me until the end.

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REMEMBER: We should prepare for the unexpected and hope for the best. Life may not be easy, but you must do your best and leave the rest to God.

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