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RE: Where might the price of HIVE be heading from here?

in LeoFinance4 years ago

really hard to say, although for now the correlation of Steem/Hive is almost perfect. So that would mean that we would be in the dollar ranges fairly soon (not sure if we can get ahead of Steem - that would require some news event or serious onboarding etc.). I wouldn't be surprised to see 10$ in the next year, but it won't be sustainable. 1$ is definitely too low of a target for selling.

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That would be nice and even higher than the previous all time highs. The only thing working against that might be the fact that the supply is roughly 50% greater now than it was back in 2017, with much of that already sitting on Exchanges...