create account

How Low Can HIVE Coin's Price Drop? Analyzing the Potential Bottom Limit by asgharali

View this thread on: hive.blogpeakd.comecency.com
· @asgharali ·
$20.52
How Low Can HIVE Coin's Price Drop? Analyzing the Potential Bottom Limit
The SEC and Binance issues have decimated the market, and as of this writing, the current price of #Bitcoin is about $25500, while altcoins have down more than 22%, signalling a very worrying period. At the time of writing, the price of HIVE is $0.29, which is around 12.5% lower than that of the last day price.

![](https://images.ecency.com/DQmQbxUjTnKEgBaxfHhA1u61jxvcA6J9iYpHgpdGeAw2x9o/best_game_review.png)



# THE POTENTIAL IMPACT OF HIVE USERS' REACTIONS TO PRICE DROPS

One of the causes of the market crash, as far as I can tell, is the Binance exchange's decision to stop withdrawal and deposit in the United States. I read their announcement on the stoppage of withdrawals and deposits beginning next week. This is the news that has scared the residents of the United States, and they are withdrawing their funds from Binance. 


This is the primary reason why altcoins, especially HIVE coin, is suffering. Although HIVE coin is not expected to drop much because it has a platform where HIVE holders can immediately withdraw to. But people are terrified, and that is how panic works, and they are withdrawing their holdings, which is an awful decision. 

When Bitcoin was at $15K to $16K, the price of HIVE and other altcoins was the same as it is now. However, now that BTC is around $25-26K, the altcoins are the same as when BTC was around $15K. This is quite troubling for the altcoin, which has taken a larger drop than planned or predicted. The concern now is, what will happen to Altcoin and HIVE if the market continues to fall?

Assume BTC has dropped more and the price has returned to $16,000, where would Altcoin be? I believe the price of cryptocurrency will fall by 100% from where it is now. This means that ADA, which is currently trading at $0.25, will fall to $0.12, and HIVE will fall to $0.15, creating an awful situation for altcoins. 

But who knows which coin will recover and whether this is Bitcoin's final dip before a bull run begins. Time will tell, and the best thing to do in this scenario is to not sell our holdings, but to #HODL because this bear market is not permanent and will soon rebound. This is the time to put your patience to the test, and those who can hold out will always win.

Let us now discuss the #HIVE coin and guess on how much it might decrease if Bitcoin falls below $16,000. The search is just about #hive because we are HIVIANS, and discussing this coin is our passion and interest. HIVE is a coin that supports both trade and staking. The vast majority of HIVE holders are traders, with a fixed percentage of users having staked their coin.

![](https://images.ecency.com/DQmVF6ny99mu3ithFPngsthtSy1LtykY1hYXKC11a7bezk9/best_game_review_1_.png)



# THE STAKING ADVANTAGE OF HIVE COIN

Because of its staking option, HIVE coin is considerably safer than other coins in my opinion and experience. I'm not sure what proportion of the overall coin is staked, but I'd say roughly 30% of this coin is staked. This means that when the price reaches its final 30%, it will not fall any further because users are holding and unstaking takes 13 weeks. 

It goes without saying that when HIVE users realise the price drop, they will panic and may choose for powerdown to sell the coin. The market will recover until they obtain their liquid hive. This means that the price of the #hive will rise, bringing the pricing back into equilibrium. HIVE coin, in my opinion, will not fall below $0.18, which is its lowest possible dip.

If this price is reached, whales and investors will buy massive amounts, resulting in an immediate recovery. HIVE coin is far more secure, and it is certain that it will not go below its staked price. This is the advantage of the HIVE coin over other altcoins because other coins have no guarantee of the price dip and they can dip until people sell the coin.

However, HIVE is far more secure due to its staking feature. As of today, I have invested another 1000 HIVE at a price of $0.3 and will recommend powering up, doing internal market trades, or purchasing HP leasing for a long-term investment. This is the greatest moment to purchase a hive, which is now available at a greatly reduced price.

This is an attempt on my side to discuss the HIVE price, reason behind the market crash, and the limited price of the hive from which it will not fall any further. I hope you find this content instructive and interesting. If you like the post, please leave feedback in the comments section so that the next one will be even better. Thank you for sticking with me until the end.

![Capture.PNG](https://i.imgur.com/uGB0GKX.png)

[TWITTER](https://www.google.com/search?q=twitter+logo&oq=twitter+l&aqs=chrome.0.69i59j69i57j0i67i433j0i10i131i433i512j0i67j69i60l3.2422j0j7&sourceid=chrome&ie=UTF-8#imgrc=8e2TggaMeUYcpM) [TELEGRAM](https://www.google.com/search?q=telegram+logo&oq=TELEGRAM&aqs=chrome.0.69i59j69i57j0i131i433i512j0i433i512j0i131i433i512l4j0i433i512j0i131i433i512.1427j0j9&sourceid=chrome&ie=UTF-8#imgrc=ke0Q9O_EvKXTeM) [HIVE](https://www.google.com/search?q=hive+logo&oq=HIVE+L&aqs=chrome.0.69i59j69i57j0i512l3j69i60l3.1706j0j9&sourceid=chrome&ie=UTF-8#imgrc=TyzPWyVPZJvAoM) [WHATSAPP](https://www.google.com/search?q=whatsapp+logo&oq=WH&aqs=chrome.0.69i59j69i57j35i39j0i131i433i512l2j69i60l3.1017j0j9&sourceid=chrome&ie=UTF-8#imgrc=r9NkmOQXLYQD2M) [DISCORD](https://www.google.com/search?q=discord+logo&oq=DI&aqs=chrome.0.69i59j69i57j35i39j0i131i433i512l2j0i131i433j0i131i433i512j69i61.1013j0j9&sourceid=chrome&ie=UTF-8#imgrc=riZgxXaRU8fqtM)

**IMAGES AND GIF TAKEN FROM CANVA, GOOGLE EDITED IN CANVA**

# REMEMBER: We should prepare for the unexpected and hope for the best. Life may not be easy, but you must do your best and leave the rest to God.


![You can reach us by joining the official HELIOSVOTER Discord Channel or sending a message on Discord to Asgharo2972..gif](https://i.imgur.com/o0gF9w7.gif)

![](https://images.ecency.com/DQmUEWGNmwGwWzMt4zFmENUBApSJ6KA4bBBcaj8TmeWN6yJ/hybrid_dynamic.gif)

Posted Using [LeoFinance Alpha](https://leofinance.io/@asgharali/how-low-can-hive-coins-price-drop-analyzing-the-potential-bottom-limit)
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 557 others
properties (23)
authorasgharali
permlinkhow-low-can-hive-coins-price-drop-analyzing-the-potential-bottom-limit
categoryhive-167922
json_metadata"{"app":"leothreads/0.3","format":"markdown","tags":["hive-167922","leofinance","Hive ","Crypto ","Price ","Analysis ","Neoxian ","News ","Bearish ","Archon "],"canonical_url":"https://leofinance.io/@asgharali/how-low-can-hive-coins-price-drop-analyzing-the-potential-bottom-limit","links":["https://images.ecency.com/DQmQbxUjTnKEgBaxfHhA1u61jxvcA6J9iYpHgpdGeAw2x9o/best_game_review.png)","https://images.ecency.com/DQmVF6ny99mu3ithFPngsthtSy1LtykY1hYXKC11a7bezk9/best_game_review_1_.png)","https://i.imgur.com/uGB0GKX.png)","https://www.google.com/search?q=twitter+logo&oq=twitter+l&aqs=chrome.0.69i59j69i57j0i67i433j0i10i131i433i512j0i67j69i60l3.2422j0j7&sourceid=chrome&ie=UTF-8#imgrc=8e2TggaMeUYcpM)","https://www.google.com/search?q=telegram+logo&oq=TELEGRAM&aqs=chrome.0.69i59j69i57j0i131i433i512j0i433i512j0i131i433i512l4j0i433i512j0i131i433i512.1427j0j9&sourceid=chrome&ie=UTF-8#imgrc=ke0Q9O_EvKXTeM)","https://www.google.com/search?q=hive+logo&oq=HIVE+L&aqs=chrome.0.69i59j69i57j0i512l3j69i60l3.1706j0j9&sourceid=chrome&ie=UTF-8#imgrc=TyzPWyVPZJvAoM)","https://www.google.com/search?q=whatsapp+logo&oq=WH&aqs=chrome.0.69i59j69i57j35i39j0i131i433i512l2j69i60l3.1017j0j9&sourceid=chrome&ie=UTF-8#imgrc=r9NkmOQXLYQD2M)","https://www.google.com/search?q=discord+logo&oq=DI&aqs=chrome.0.69i59j69i57j35i39j0i131i433i512l2j0i131i433j0i131i433i512j69i61.1013j0j9&sourceid=chrome&ie=UTF-8#imgrc=riZgxXaRU8fqtM)","https://i.imgur.com/o0gF9w7.gif)","https://images.ecency.com/DQmUEWGNmwGwWzMt4zFmENUBApSJ6KA4bBBcaj8TmeWN6yJ/hybrid_dynamic.gif)","https://leofinance.io/@asgharali/how-low-can-hive-coins-price-drop-analyzing-the-potential-bottom-limit)"],"images":[]}"
created2023-06-11 01:50:06
last_update2023-06-11 01:50:06
depth0
children1
last_payout2023-06-18 01:50:06
cashout_time1969-12-31 23:59:59
total_payout_value10.299 HBD
curator_payout_value10.220 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length6,150
author_reputation621,609,046,215,046
root_title"How Low Can HIVE Coin's Price Drop? Analyzing the Potential Bottom Limit"
beneficiaries
0.
accountleofinance
weight5
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id124,354,395
net_rshares52,767,463,375,541
author_curate_reward""
vote details (621)
@india-leo ·
Indiaunited Curation 1686453648882
This post has been manually curated by @bhattg from Indiaunited community. Join us on our [Discord Server](https://discord.gg/bGmS2tE). 

Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators. 

<sub>**100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @bhattg by upvoting this comment and support the community by voting the posts made by @indiaunited.**</sub>
properties (22)
authorindia-leo
permlinkindiaunited-1686453648882
categoryhive-167922
json_metadata"{"app":"hiveblog/0.1","format":"markdown","tags":["hive-167922","leofinance","Hive ","Crypto ","Price ","Analysis ","Neoxian ","News ","Bearish ","Archon "]}"
created2023-06-11 03:20:51
last_update2023-06-11 03:20:51
depth1
children0
last_payout2023-06-18 03:20:51
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length536
author_reputation7,713,402,029,500
root_title"How Low Can HIVE Coin's Price Drop? Analyzing the Potential Bottom Limit"
beneficiaries
0.
accountbhattg
weight10,000
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id124,356,097
net_rshares0