RE: EDIT - Contest Permanently Suspended! 🪙 New Closest To The Pin Contest 📈🪙 The S100 Silver Continuous Contract (Nymex) & Last Gold Contest Winner! 🪙
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I gotta be honest, I do see the obvious Hive dip coming when rest of space goes into bear market in 2026/2027, but I’m not seeing reason it’s not lower by way more in 4/6 years. The fact we are in bear market and 35% below 2022 low while Bitcoin & others are much above there 2022 lows, like hive is in bear market while rest is in bull. I see no reason we don’t just keep going lower the way things are going. I’ve been. True believer for years, but what I’m seeing now I don’t think I’d buy at .06 cents because I don’t know why it would go back up consistently years after. I hate feeling that way but it’s just stay I’m seeing.
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It's hard to guess the minimum price of the token. But it does exist. There's a limited supply of HIVE, and I think a minimum market cap of $20-30 million would be fair. Let's say there's an offer of 100 million HIVE on exchanges. I could buy back 1-2 million, and I think there would be other buyers (including current whales). Such capitalization is possible even without large exchanges; 100-200 whales is the limit on Hive, such people will exist.