Today exactly on November 6, 2021 the development of $hive is back on the bottom line, after the high pump that was at the price of $1.18 a few days ago. Once that happens, $Hive returns to its normal price.
Many people think about what happened to $Hive a few days ago, one of which is that $Hive will show its true identity. But sadly, that opinion reversed, $Hive instead returned to the price of $0.82, the high pump for $Hive was so good it could even make people in the $Hive neighborhood excited.
However, I think this happens very naturally, because every coin will definitely experience ups and downs before the actual price. I think the $Hive pump came from a program that wanted it, also to determine the quality of the market against $Hive.
As many people out there are saying that this is not the true price of $Hive, sure enough, that's very true, because $Hive still has a long way to go. Unlike other coins that have a maximum supply, it means that $Hive's supply is still not counted. With a platform that issues coins all the time, but the price remains very stable, even the price may rise at the right time. Don't you think about this?
That's a sign that the program from $Hive is still in the category of a good project for the programs it creates.
Below is today's chart for $Hive, the red one means the price is falling, and the green one is the rising price of $Hive.
Today's $Hive chart
Screenshot from Coinmarketcap
$Hive's rank for the day has also decreased which is a pity, after an increase in $Hive's rank a few days ago it was in the #163 position, that's an amazing result, but today the rank is back down to #181. Isn't this very unfortunate? But the name of the cryptocurrency world is like the movement of the coin market that is actually happening.
Rank $Hive today
Screenshot from Coinmarketcap
I also went to Hive.wallet to see the Swap coin $Hive against $Hbd, and I was surprised by that too. The swap returns to the previous comparison figure, 1 $Hive equals 0.85 $Hbd. If previously (at the occurrence of high pumps) it was in a ratio of almost 1: 1 but now the number is back at the previous number. For a very stable $Hbd price is at or equivalent to one dollar, so the effect of the comparison figure only occurs on the rise and fall of $Hive.
Swap $Hive with $Hbd
Screenshot from Hive Wallet
$Hive and $Hbd Swap Exchange
Screenshot from Hive Wallet
On the other hand I also see the activity of people who want to exchange $Hive to $Hbd is also very large, they make the orders they want, this indicates that the exchange of $Hive coins is also very active, like any other coin exchange out there.
What do you think about $Hive going forward?
If that question were put to me, maybe I would answer that the current price of $hive is not the actual price, $hive will be at its highest in the future.
Thanks to everyone here and out there, my understanding of this may seem odd, but I'm sure $hive could make some big news in the future.
Thank you also to the community and supporters, the community here lasts a long time with the support from all of you, and one more thing thank you to who I idolize.
See you next time...
Also read my review of the world of other cryptocurrencies below:
$Hive shocked the cryptocurrency world again | Rank #163
Big appreciation for Hbdstabilizer program
The perfect collaboration between Facebook and $Metahero
$FLOW which is getting lower day by day
YOOSHI VS SHIBA INU | Trending this month
Coin burning has been done | Will the Shiba Inu $0.0001?
SOLANA is one of the coins that has taken the cryptocurrency world by storm
Crazy news today : Shib reacts again with a drastic jump | 10x profit
The ADA coin (Cardano) is one of the most promising projects in the future 🚀🚀🚀
The right choice for people who hold SHIB at a low price 🔥🔥🚀🚀🚀