4 Reasons Why Hive Price is Stronger Than Before by chorock

View this thread on: hive.blog | peakd.com | ecency.com

hive-167922 · @chorock · Sep 8 '21

$19.08

4 Reasons Why Hive Price is Stronger Than Before

Hive became one of the strongest altcoin after the bitcoin crash. There are lots of reason why Hive is strong nowadays...

It was a bloody day yesterday that lots of altcoin lost value. Here is Hive chart stood like a castle against bitcoin falling!

![Ekran Resmi 20210909 00.06.41.png](https://images.hive.blog/DQmYjjzAsY59vvbr5gFogWAFfdcXWkEzubsjanNnpwK7BrS/Ekran%20Resmi%202021-09-09%2000.06.41.png)
Hive was one of undervalued crypto that could be seen under Steem price...

Hive has proven itself in the last days and will move forward with firm steps into the future!

These are the reasons why Hive is stronger than before...

- **Splinterlands & More Users!**
Hive is breaking records with the number of new users per day. While the vast majority of them are Splinterlands players, new players are meeting Hive for the first time. many of them use Hive-Engine and learn how to earn SPT tokens by blogging.

More users more holders...

![PB8ro82ZpZP35bVGjGoE93K3E4U5KX8KtMBJ2ri6ierCwVpRCmuEqK7JY8gnHfFgNEB4gpNRrsoH2zHpqSLyv1hUc62eLCPbQhPAVfHPe5JhEdta.png](https://images.hive.blog/DQmb4ApUQC6DcDckXjSMHtnNrNhheF8MZ9aodhn7JW4XBny/PB8ro82ZpZP35bVGjGoE93K3E4U5KX8KtMBJ2ri6ierCwVpRCmuEqK7JY8gnHfFgNEB4gpNRrsoH2zHpqSLyv1hUc62eLCPbQhPAVfHPe5JhEdta.png)

- **Total Hive Stored Exchanges Going Down!**
It was the clearest signal of Hive pump. Hive stored on all exchanges went down day by day.

Less liquidity, less pressure...

![PB8ro82ZpZP35bVGjGoE93K3E4U5KX8KtMBJ2ri6V1h3C3rk6te1Ywa4zfLUXUTmxu6q2GNfiy8mFeqiRhL66Lpzd47BmuVaVfNDmUeQRZMb4JqC.png](https://images.hive.blog/DQmR81drV7CtZgb9w9RH24DFLskLK8Cpnmt9UYKmX3hNuFr/PB8ro82ZpZP35bVGjGoE93K3E4U5KX8KtMBJ2ri6V1h3C3rk6te1Ywa4zfLUXUTmxu6q2GNfiy8mFeqiRhL66Lpzd47BmuVaVfNDmUeQRZMb4JqC.png)

- **HBD Performance!**

HBD is great performance after new interest rate and lots of investors seize the opportunity. So they bought Hive and converted to HBD to take great interest!

![PB8ro82ZpZP35bVGjGoE93K3E4U5KX8KtMBJ2rgRHQFxuVvkStrnozU8rqTxrC6ituNSzu1bYauCxJ1jMCT5shpDEUAAhjKaQNZ8c8u5bANWpMvE.png](https://images.hive.blog/DQmPp3znyGKtVYDFZPc1RtbreTBLHW6VeHpV3ToTia5eWJ7/PB8ro82ZpZP35bVGjGoE93K3E4U5KX8KtMBJ2rgRHQFxuVvkStrnozU8rqTxrC6ituNSzu1bYauCxJ1jMCT5shpDEUAAhjKaQNZ8c8u5bANWpMvE.png)

**- Technical Analysis!**

Hive is on great uptrend that RSI support line supoorted Hive. Hive price should not break this trend before 2nd pump.

![Ekran Resmi 20210909 00.24.47.png](https://images.hive.blog/DQmPrwoSciLa1BnoaYkLerzbAL5W9ux8MEHQ6WP9HKMz1t3/Ekran%20Resmi%202021-09-09%2000.24.47.png)

**Conclusion**

This is simple conclusion that Hive surpassed Steem. We can always see the Steem/Hive pair below 1 level below.

![Ekran Resmi 20210909 00.27.14.png](https://images.hive.blog/DQmUdeQBy7aRB9syGPshtVjsn5i7ELQGya4PuYjm1pygqTG/Ekran%20Resmi%202021-09-09%2000.27.14.png)

Hive has a thriving ecosystem of over 126 apps, communities & projects and is home to some of the most-used Web3 apps in the world!

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@chorock/4-reasons-why-hive-price-is-stronger-than-before)

👍 leo.voter, geekgirl, mangos, smasssh, schamangerbert, chorock, florian-glechner, mauromar, deepu7, ahmetay, kirstin, kryptodenno, tonyz, barmbo, preparedwombat, r00sj3, daveks, andyjaypowell, abbak7, joetunex, abduhawab, coininstant, davidthompson57, toofasteddie, costanza, harkar, ew-and-patterns, dine77, oldmans, syedumair, pixresteemer, antoniojoseha, benedict08, hosgug, horpey, pixelfan, damla, jeanlucsr, khaleelkazi, megavest, sportfrei, mightyrocklee, apoloo1, worldcapture, olumzy, anroja, suzana72, mightpossibly, fatman, tggr, gadrian, wilmer14molina, opinizeunltd, travelwritemoney, leofinance, dante31, cryptololo, munawar1235, emma001, babytarazkp, cielitorojo, steem-key, heruvim1978, yefet, and 169 others

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dine77	105,992,390,964	90%
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jeanlucsr	25,505,036,354	11.2%
horpey	42,923,960,854	50%
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costanza	129,180,766,432	40%
munawar1235	3,151,535,739	100%
bahagia-arbi	1,067,596,991	8%
fatman	7,183,813,196	2%
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abbak7	207,735,729,575	25%
ahmetay	364,486,512,092	100%
emma001	3,137,420,495	100%
kirazay	909,073,865	100%
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chorock	714,793,928,956	100%
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@antoniojoseha · Sep 8 '21

what a useful info! I though splinterlands was the only reason for the pump.

>Total Hive Stored Exchanges Going Down!

i didn't understood that, what does that mean?

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@barevida · Sep 8 '21

I still believe that Hive won't fall easily. Even though it's currently struggling at a small number.



---

<center><sub>Posted via [proofofbrain.io](https://www.proofofbrain.io/@barevida/qz52ua)</sub></center>

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@beerlover · Sep 11 '21

<div class='pull-right'>https://files.peakd.com/file/peakd-hive/beerlover/yiuU6bdf-beerlover20gives20BEER.gif<p><sup><a href='https://hive-engine.com/?p=market&t=BEER'>View or trade </a> <code>BEER</code>.</sup></p></div><center><br> <p>Hey @chorock, here is a little bit of <code>BEER</code> from @pixresteemer for you. Enjoy it!</p> <p>Do you want to <a href='https://friends.beersaturday.com/'>win <b>SOME BEER</b> together with your friends </a> and draw the <code>BEERKING</code>.</p> </center><div></div>

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@coininstant · Sep 8 '21 (edited)

$0.20

Time is one reason, as Time goes by inflation lifts all boats prices, especially HIVE. Overanalyzing reasons why could just lead down a rabbit hole, all prices paired against the US dollar have been rising since inception. A newspaper used to cost pennies, food, stocks, the minimum wage, you name it everything goes up in value against it, that is the American way! So HIVE's supposed to go up over time, if it doesn't that means it's really really broken!

👍 coininstant

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@emma001 · Sep 8 '21

$0.08

These are really great reasons. I believe Splinterlands started all this with more users coming onboard which necessitated the need for more hive
 The other were also good ones too. Great see hive surpassed steem and is looking more solid. It surprisingly also didn't respond to yesterday dip as the price is doing very well. More better days to come for hive



---

<center><sub>Posted via [proofofbrain.io](https://www.proofofbrain.io/@emma001/qz4xr3)</sub></center>

👍 chorock

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@george-dee · Sep 8 '21

I just checked the chart and understood what you meant, Hive stood its ground despite the dip experienced yesterday.

I believe that the more attention it gets, the more adoption it gets as well.

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@joetunex · Sep 9 '21

This is hopefully the beginning of better days as Splinterlands pulls in more users, Leofinance and the SPKNetwork by 3Speak with the hope of more tribes replicating the process then we should see Hive really thriving 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@joetunex/re-chorock-6c91f6)

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@pixresteemer · Sep 8 '21

<center>![pixresteemer_incognito_angel_mini.png](https://files.peakd.com/file/peakd-hive/pixresteemer/8h7BBw1w-pixresteemer_incognito_angel_mini.png)</center><center>Bang, I did it again... I just rehived your post!</center><center>Week 73 of my [contest](/hive-179017/@pixresteemer/the-re-hive-contest-results-week-72-and-start-week-73) just started...you can now check the winners of the previous week!</center><center>!BEER</center><center><sub>5</sub></center>

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