It went up to 60 cents before correcting. It's about 47 cents now.
For the content creator, Hive is totally superior in terms of monetization. The fundamental reason for that is the speculation going on. The content rewards act as a kind of tax on the speculators. The valuation of our content is fundamentally driven by the greed of speculators.
I downloaded the exchange apps for my phone so I could watch from the garden haha. I saw the green candles go up in real time. It was quite exciting.
I believe that. I first saw the price inch upwards from 41 cents in the afternoon. Then I started vacuuming the house and went to the supermarket. As instructed by my wife, I bought meatballs and mashed potatoes made in a restaurant that is not allowed to be open at this time. When I came back with the food and sat down at the table, I looked at my phone and had to rub my eyes because I couldn't find Hive where it was supposed to be on Coingecko. I thought there was something in my eyes when I saw the price was 55 cents at the time. :)
Hahaha. I can just imagine. Yeah, it's nice while it lasts. Obviously the price will correct massively at some point, but it's great to get a preview of what the future will be like.
Even if it goes down 50%, it will still be considerably above the point where the pump started.