Hive is a low hanging fruit right now

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Avatar for bala41288
1 year ago

I personally think that Hive is a low-hanging fruit right now. There are so many projects emerging on Hive creating lots of opportunities for the users. People can come up with their own project idea and try launching them on Hive. It doesn't even cost much to launch their tokens on Hive and get support from the community. Splinterlands is one of the biggest communities and player bases in the blockchain gaming world. We should be glad that it is on Hive Blockchain thus bringing lots of opportunities to Hive.

This is the reason why I think Hive is a low-hanging fruit right now. There is a possibility that Hive can get bigger in the coming months or probably next year. There are some nice games that are in the making. Those games can create more visibility to the outside world and bring many player bases. Today when we were having our regular Muterra meetings, we were discussing how we can make onboarding easier for the people. Games can be a good source to explain blockchain and bring more people to the blockchain.

People can start their journey from the FIAT world to the crypto world with the help of blockchain games and slowly start exploring other opportunities in the crypto world. The crypto world is not just about gaming alone but it is a good starting point.

Hive is undervalued

I usually say this all the time to many people. The price of Hive is so undervalued. The main reason is that we are not doing enough marketing. We are so decentralized that we don't have a marketing team or funds allocated for the marketing. Additionally except for HBD, we don't have any fancy schemes here on Hive that would be instant attractive for people to come here and explore this blockchain.

Games and other projects are good but they will target only the people who are interested in them. But that's one of the most successful aspects of Hive. Decentralization is a great thing on Hvie and we know for a fact that the chain would keep going no matter what and the price of the token will also be sustaining.

I personally think that this is the right time to purchase and hold Hive for the long term. There is a high chance that the price of Hive will start pumping again. Today there is a decent pump in the market. Not just the crypto market but the stock market also looked good. Hive also had a decent pump today. A few days back I bought a little Hive for 53 cents and today I was able to sell them for 56 cents. That was a decent trade and I'm really happy that I was able to grab some profit from this trade.

We may not get this price once again. After we start having the bull run again, the price of Hive will get back to 1$ and above and might stay there for a longer period of time. We already have many projects on Hive that is attracting people from other blockchains and bringing a lot of value to this ecosystem. Let's make hay while the sun shines. I'm going to stay invested here for the long term. What about you?


If you like what I'm doing on Hive, you can vote me as a witness with the links below.

Vote @balaz as a Hive Witness
Vote @kanibot as a Hive Engine Witness



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Avatar for bala41288
1 year ago

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