The late movers

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When we look at Hive token for more than a year now the price of the token has been very stable and is ranging around 3 cents for the past few months. To me, this is a good thing, but to so many, they are worried. Some of the threads that have been seen on Inleo show that they are scared, and some are even planning to sell their Hive portfolio if you ask me, it will just be an opportunity to accumulate more for some of us here but the truth is It right for us to be scared when we look at where the token was in the last bull market.

During the last bull run, when Bitcoin was priced at around $40,000, hive was priced at around 0.7 cents. However, Bitcoin's price is at the same price today meanwhile, hive token's value has been fluctuating around 0.3 cents, causing concerns among many people. Some attribute this to the HBD, while others believe it's because hive has been giving out too many rewards. Regardless of the reason, it's apparent that my token isn't performing as well as it did during the last bull run. However, what many fail to realize is that hive token is not also underperforming.

Stability is very powerful

It is obvious that Hive should be above 0.35 with the current price btc but for it to be stable in the price for so long and still maintain it also means that something good is happening on Hive. This demonstrates the network's stability over the years and its potential for improvement. During the difficult times when Bitcoin's price was plummeting and most Altcoins were struggling, Hive performed well. This highlights the stability that Hives have shown in recent months, which is rare in the volatile world of Crypto, particularly with Altcoins.

Cryptocurrencies, including the so-called stablecoin, are known for their instability. The majority of stablecoins lose their peg, which only proves that nothing is truly stable in this field. However, if a project manages to remain stable for over a year without resorting to pegging, it is a sign of an excellent network. This is definitely something worth investigating. Additionally, it's important to keep in mind that Hive and Crypto Bull Market have their own unique characteristics because Hive is a late mover and I have noticed that many coins reach their peak before they start performing well. Furthermore, Bitcoin dominance hasn't decreased, which means we're not yet in the season for altcoins.

Second or third quarter will be massive

Hive is part of the late movers in the Crypto market, I am very sure the price will increase around the second to the third quarter of the year, that is when we can see real changes, but for now, we should keep accumulating for now and hold our bags tight because that is when something comes in. Many people already have plans for their hive tokens and early movers of crypto are making them doubt but I believe has performed incredibly well.

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Thanks for your time.

Posted Using InLeo Alpha