I wish you a good start to the week!
Most of you will probably have noticed, the price of Hive has gone through the roof the last few days. Measured by my starting price of 10 cents, I can see an increase in value of almost 1000%. And this in a bear market!
The massive price increase is due to the past listing by the Exchange Huobi or rather has to do with an announced Airdrop on Huobi.
You can read more about the Airdrop here:
https://huobiglobal.zendesk.com/hc/en-us/articles/900000687166
But now it does not end with the good news. As I have just read, Exchange Binance has also announced the listing of Hive.
Here is an extract of the announcement on Binance:
Fellow Binancians,
Binance will list Hive (HIVE) and open trading for HIVE/BNB, HIVE/BTC and HIVE/USDT trading pairs at 2020/04/27 05:00 AM (UTC).
Due to initial wallet requirements, HIVE deposits and withdrawals will open at 2020/04/29 04:00 AM (UTC).
Please ensure that you undertake sufficient risk assessment when trading newly listed tokens, as they are often subject to high price volatility.
Accordingly, the Binance Listing is already imminent, the wallet functions will only be active in 2 days, Wednesday.
You can read the full announcement here: https://binance.zendesk.com/hc/en-us/articles/360042363352
What do you think? Will the Binance Listing again support the positive price movement noticeably or will we see a rapid price leveling out?
As always, I look forward to a lively discussion!
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See you,
st8z