Hive Forecast for 2020

in #hive5 years ago

hark fork version of steemit is about to cross $1 USD, but since 28th April 2020 dropped almost half of its all-time highest along with a huge drop in daily capitalization, and this affected on ranking where Hive drop from #36 to #49. as today's price is $0.42 USD and if it keeps dropping with rate then there will be the possibility that Hive will have negative ROI in the coming months, as before launching of HIVE there was no ICO, as the user who already on the Steemit and owning steem coin gets exchange of Hive and also their old post on steemit is gets transfer into hive.blog.

Hive Price Prediction 2020.png
as per above prediction $1.20 USD till the end of May 2020 is still possible because currently after getting higher pricing the people brought hive at its lanching time, was sold most of their investment, that may the reason, as they have got more than 450% growth rate and comparing other top coins it a still better deal. as in may there will is Bitcoin Halving and Ethereum 2.0 expected to happen, which can create a huge buzz in the cryptocurrency market and bring some new investors that can help the market growth in the future.
The above table also has $4.2 USD which will not possible in many ways.

Source: https://cryptocurrencypriceprediction.com/hive-price-prediction/

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