OK...that was fast.
Just a few hours after the AMA with Ciara Sun and @HuobiGlobal team have officially announced that they listed HIVE on their exchange.
On top of that 100 lucky winners will be eligible for a share of 100.000 HIVE (1000 each) as long as they their HIVE Net Deposit Volume is > 5000 Hive.
Note that ONLY users who have completed an ID verification are eligible for this promotion.
More on that can be found in this tweet.
We all know the effects of a new listing on the price of a token. In most cases price goes up...vertically. Hive was no exception to that "rule". This is how things look like on Bittrex at the moment.
Oh well...I had placed a sell order at ~1900 Sats...I have to admit I wasn't really expecting this rally...That's like 65% up in just a few hours...
Do I expect a correction? Ya I do. Not sure when and at which levels tho...
In the meanwhile...
These charts definitely make Justin look bad. He is desperately trying to hold STEEM's price higher than HIVE's for the past month.
Either with huge HIVE sell offs...massive dumps from friendly exchanges...you name it.
It wouldn't surprise me if the next few hours STEEM's price started moving up, also vertically just as displayed in the chart above.
He wants to prove to everyone that he is in charge after all and this just hurts his pride. This is a game that he desperately wants to win...no matter the cost.
Hive's price is really volatile at the moment so make sure that you know what you are doing before you arm your hand...just saying.
Have a good one people and stay safe.
Cheers.