Earlier today, HIVE reached US$ 1.40. This is the closest it has been to its all time high of 1.48 on October 5, 2021. In that opportunity, it was a short living spike. Today this seems more sustainable.

HIVE started the year at US$ 0.11. It had a peak on April 2 at US$ 0.84 and from there it fell to US$ 0.20 in June 22. From then onwards, the rise has been steady, with the mentioned spike on October 5. After the spike, HIVE traded between US$ 0.70 and 0.85 until November 14. From there we see this new price increase.

What does the future say for HIVE? It is hard to tell. I do not know much about the mechanics of HIVE, however, it does need to become more popular, in order to sustain more price increases. It is an inflationary token, so if people lose interest, its price may go down

This post is intended to only raise awareness. In order to make actual financial decisions please contact your financial advisor and/or tax advisor prior to making the decision.