Current Hive/USD conversion rate:
Hive's Seven Day Graph
Today's Date: 05/03/2025
Image sources: https://coinmarketcap.com/currencies/hive-blockchain/
Hive Token USD Value Spikes
The Hive Token hit a high of near $0.30 within the last 24 hours. Since that surge upwards we seen some pull-back and are currently sitting at $0.26+. This is no surprise to me. If you are a frequent flyer of the Hive Blockchain it should be no surprise to you either. While the current USD value of a Hive Token is strong I believe there is still tons of room for growth. There's a good chance that someday our future selves might be looking back on the Historical prices of Hive and wonder why we didn't fill more bags when Hive was under $0.25/ under $0.50/ under $1.00. While at the same time boasting about the content that earned us the Hive Rewards that help fortify the bags we did build. Where can the Hive Token price go from here? No-one has that answer but in a fair world the answer is up. Sure we might experience some dips and spikes along the way but ultimately if you believe in Hive and its token(s) than what other options are there? What other blockchain has Splinterlands? Hive has Fee-less transactions. Upcoming projects like Holozing. Content ownership for those who should rightfully have that claim, the creators themselves. Than there is the strongest asset of all, the Hive Community. When I look at the Hive Blockchain and its Token I don't see $0.26-$0.29 cents. I see progress, I see the future way of doing things. I see content creators controlling and owning their own content. I see business opportunities. I see a group of like minded individuals striving for the same goal, the goal; helping the Hive Blockchain succeed. Join in or be left behind.
Hedge Those Bets
As always when I see the Hive Token Spike/Dip in USD value I like to send a quick message to those who might frequent the @rentmoney blog spot. That message a short but powerful one; Hedge Those Bets. Three tiny words but three words that hold so much weight. Put another way; don't overextend. Don't trade away what you aren't willing to not get back. Don't invest what you can't afford to lose. The investing world can be brutal and as quickly as fortunes are made they can also be lost. Keep calm and enjoy the ride. Take profits if you need to. Stack those bags of Hive when you get the chance to and years from now your future self will thank you. What is @rentmoney up to during these times. To be honest I didn't capitalize on the current spike yet. I do most trading in-real-time and wasn't online when Hive hit near $0.30 USD. However I'm keeping a close eye on the market over the next days. Its during spikes and dips Hive assets go on sale. While some Hiven's strategize by selling their Hive assets for more Hive Tokens others who want those assets can find great deals on sites like Hive-Engine/ Splinterlands and Holozing to name a few. For now I'm content with siting back and enjoying the friendly chaos that spikes in tokens such as Hive, Bitcoin or any other bring to the cryptocurrency world. Thanks for reading we hope to see you at our next post.
The Hive Blockchain What Is It?
As Identified by Coinmarketcap:
Hive (HIVE) is a blockchain running on a delegated proof-of-stake (DPoS) consensus mechanism. It launched in March 2020 as a hard fork of the centralized Steem blockchain and as a gateway from Web 2.0 to Web 3.0. The blockchain claims to offer “lightning-fast processing times and fee-less transactions.” Examples of use cases include social media with monetized rewards for content creators, interactive blockchain games, identity management, micro-loans and more. The platform powers decentralized applications (dApps) like Splinterlands, PeakD and HiveBlog.
Hive is a social network of apps and services, where users discover the capacity of blockchain technology, connect to the platform and securely share content through equitable redistribution of value. Thus, the users are the proprietors of the network, and sponsors can contact communities and artists directly without intermediaries.
Hive is an open source blockchain that focuses on scaling through layer-2 sidechains, while still benefiting from a common layer-1 blockchain backbone to ensure distributed data integrity. The Hive ecosystem runs on two cryptocurrencies — the native governance token, HIVE and the USD-pegged HBD stablecoin.
The Hive Blockchain What Is It?
As Identified by @rentmoney
It's many things including but not limited to: A source for information. A host spot for many play2earn games. A place to build your own business. A place to run a blog account. A place to interact with your online friends. A place to expand your knowledge. Your imagination is the limit to what the Hive Blockchain has to offer and could be to you. Creating and curating content on the Hive Blockchain will give you the opportunity to earn the Blockchains main currencies known as Hive and HBD (Hive Backed Dollars). In-short; Hive Is anything you want it to be!
24 Hour Hive Token Graph
Today's Date: 05/03/2025 Image source: https://coinmarketcap.com/currencies/hive-blockchain/
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