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Honestly I think so too,but on a contrary I was not expecting hive to go dip to the level it is right now after reaching almost $3 last year.

But hopefully it can regain it strength too and go back up again

this should be the low point

Who knows since markets do funny things.

One thing we do know is that Leo is a feeder system into Hive. While it is possible to be in the Leo ecosystem with a ETH, BSC, and soon poly wallet, engage and application use requires a Hive account.

This means that Leofinance, to reach these levels, would need millions of users. If it feeds millions into Hive, that will send Hive also on an upward path.

The correlation is obviously impossible to figure out since there are other variables such as what else is happening on Hive with other projects.

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