Greetings, friends!
Today is the last day of January. I think it's possible to summarize some of the results of the first month of the year.
How did I remember him personally?
The most memorable event is an unusually warm January. There was only one real winter day during the month when the sun was shining and the temperature dropped below -20 degrees. But it was an exception this month.
For example, in the last week of January, the temperature was around Zero. It feels like spring has come to us. In the forest, the birds are singing joyfully and making me happy.
But still, I wanted to express my thoughts not about the weather, but about finances.
Probably the most striking January event in the crypto world is the bitcoin price of $108168.73. It happened on January 20th. At the start of the month, $BTC was worth just over $93k.
But I suggest to look at the chart of our currency - $HIVE
The upward movement of bitcoin has pulled almost all cryptocurrencies with it. But there were exceptions. For example, the Solana network went on a different schedule. And, by the way, SOL has shown very strong growth. In general, there has been a lot of movement on this network for 3 months now, a lot of memcoins are being launched. The most interesting and unexpected was $TRUMP and the subsequent tokens of Trump's relatives. This has generated a lot of memes. But it seems to me that this movement began in November at the suggestion of Elon Musk.
But let's take a look at the January chart of $HIVE. I haven't followed the exchange rate of our token for a long time, because I wasn't going to bring it to the stock exchange. To play well with a "honey token", you need to have it on the exchange. Initially, the rules of our Platform include a seven-day delay in token withdrawal, while only 1/13 of the tokens can be withdrawn, and not all of them at once.
The highest price was recorded on January 7 - $0.6615. At the same time, we remember that Bitcoin was at its peak on January 20th. By this time, $HIVE was already gradually going down.
On November 5th, the price was at the very bottom - $0.1665
Но, друзья, кто-нибудь помнит самую высокую цену $HIVE? November 30, 2021. It was a fantastic price - $2.965.
At the time of writing, the price of $HIVE has dropped below $0.4
I would be happy to see the number 0.5. I even thought that at the time of Trump's inauguration, Bitcoin would go up and pull the entire crypto world and, of course, our $HIVE token with it. But that didn't happen.
Will there be another wave in February? Wait for growth or play on the stock market?
The price chart has values from the website https://coinmarketcap.com/currencies/hive-blockchain
Well. I wish all my friends, observers, and readers wonderful walks on Wednesdays. And also on Sundays and any other day!
Thanks for reading...
Follow Me For Daily Posts!
Good luck and have fun
@apnigrich
Markets are in flux at the moment, always good to keep an eye on them once a week as movements happen when we least expect it.
It seems to me that the optimistic mood after Trump's presidential election has caused a depression in the market. Investors were deceived by Trump's promises.
Swings and slides everywhere, much change in many spheres, patience is normally the best way to treat.