Today, Hive token is pumping as one of the largest South Korean exchange adds the Hive/KRW pair.
In many ways, after successive global listing, Hive is now going local with this new Korean Won pair. The announcement can be found on Upbit's Korean website:
This simple listing has activated new sets of buyers. It has eventually led to an incredible pump — within few hours as you can see:
What does this mean? A couple of important things:
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Hive is now listed on several popular exchanges: Bittrex, MXC, Huobi, Probit, Upbit, and Binance. This means more liquidity.
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Hive will eventually regain its trading volume. Was less in the last couple of weeks.
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More attention. Price attract people, so we will witness old users reactivating themselves and new users coming in.
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Bright future. The Hive ecosystem will develop faster and reach wider. It also brings massive excitement.
Perhaps that is why I am writing this post. Also, if you didn't know, such listing on Upbit has always pushed the price up:
I also noticed Hive transaction (worth 1.3 million dollars) transferred internally by the exchange.
Overall, another worthy achievement. Apart from the price flunctuation, we will also witness more liquidity — more new users — increased visibility — and long-term growth.
Good times continues! 🔥
Cheers, Sid
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