Hive has been going through some wild times for the last month and the best part about it is so far we have reached $0.50+ and are holding it. It was at this point I said I would start to get very bullish with hive once again and I'm going to hold true to that word as I continue to rapidly stack hive, hbd and overall support the eco system by brining in new users, contributing and testing to various projects and so forth.

As always let's take a look at price action over the last week as a good starting point.

As you can see hive has had some rather wild swings this last week. But it's also important to note we did drop below that $0.50 mark and it's possible it could happen again which is starting to erode my bullishness on it all just a bit. Most of this price action seems to be coming from new listings and futures orders which is a unique thing that honestly at a small market cap like this I wouldn't think would be a thing.

That being said the price seems rather healthy but is slowly starting to fall. My hopes are we can continue to hold above $0.50 per token but it's going to continue to take a lot for that to happen.

There's two sides to this really. The first side is how much hive is staked and how much gets staked out of the emissions. A bulk of the liquidity seems to now come from HBD conversions into Hive which means higher emissions then expected for the token as HBD continues to print at 15% and payouts in terms of author rewards in HBD have also increased now. This could eventually at some point provide too much liquidity on to the markets that really shouldn't be there from the original white paper and tokennomics of Hive. It's something to be watchful of for sure.

Goals

Hive

Goal: 300,000 Current: 124,201

Week over week we added just 376 hive which round out to be around 53 hive per day which is our normal. Now remember ALL of this hive counted here is locked up hive that's powered up on the account. The goal here continues to be a hard push towards 300,000 which at that point we should be at 100 hive per day simply from APR and curation rewards itself so it's an almost garneted which is exactly where we would want to be. Still a good while to go there so we will continue to be stacking, buying and powering up more and more hive because at current rates it would take us YEARS to get to that point.

HBD

I said I didn't care too much about HBD at the moment and that still somewhat holds true. However I am stacking it at a much more rapid rate now. I think the goal here is to get to just 25,000 HBD by end of year or more. That would give us around 10 HBD per day at 15% APR. now the reason I don't go crazy hard on this is because that rate could change at any given time or any number of other things could happen. The number above seems like a solid stake and goal to reach which has a bit of a impact at those levels.

Now of course I would love to be at 100 HBD per day right now and that could be a goal here in another year or two.

$LEO

I continue to stack LEO but to be honest with you the price is so low that I still can't bring myself to dump it into defi yet. Until LEO regains at least $0.25 I think it's just going to continue to be stacking season for the token. My hopes are we start to see some real price action here moving forward.

Splinterlands

Oh man Oh Man!!! Land 1.75 is coming FAST and I still feel so ill prepared for it lol. I've been opening up plots of land and building it all out but it's taking me longer that I would have hopped in order to get to that point.

That being said I think I'm really going to focus on it this week and try to get all 100 core plots opened up with at least one working on it either clearing it or in production otherwise things are going to go haywire come the flip to land 1.75.

I will say though I'm extremely excited to see land take shape over anything else in the game to be honest.

Not so sure on the SPS price either. We are once again right back to a bot account burning a bunch of reward cards once again which is just stupid and I'd love to see an accurate number as to how much is still left over. I had felt like we burned through a lot of it but now this happened where once again millions of DEC has entered the market yet again through card burning. This is just how mismanaged and out of control things were for way too long and over a year later we are STILL paying for it except for the cheater bot accounts still reaping the rewards.

Posted Using INLEO