Hive is and will continue to be one of the best altcoins based on cutting-edge technology. This coin is backed by HBD dollars and fully supports social blogging as well as various blockchain games. The advantage of this altcoin is that it will be more popular during the Web 3.0 era, when more people will be drawn to it.

![BLOCKCHAIN TECHNOLOGY 2.png](https://i.imgur.com/wzR2kmT.png)

# THE CRYPTO MARKET IS SUFFERING AT THE MOMENT

Unfortunately, due to the ongoing downtrend, all altcoins have lost more than 50% of their value. Just like this coin #HIVE, which has dropped in price from its all-time high of $3.5 to $0.25 at the time of writing. This is a massive drop, and anyone who purchased this coin at its all-time high price will be very concerned.

After all, this is the crypto world, where anything is possible. We must be prepared for any situation and must always be prepared for bad times. Many HIVE predictors believe that when the price was around $0.5, it was one of the strongest supports and that the price would rise rather than fall.

I personally believe that the price of $0.5 is much more appealing and will provide a significant return if purchased at this price. Many of my purchases were made at this price, and I believe that this will net me some profits. But something went wrong, and the price has dropped by 50% from $0.5. This drop is insane and concerning for many investors, as the recovery from this price will take time.

The advantage of this coin is that it allows you to earn passive income from the Hive ecosystem and by writing content. People who enjoy blogging will undoubtedly notice this coin and go out to purchase it. This coin will go for a hard pump at any time, regardless of what it means for the price of Bitcoin.

There is a chance that BTC will fall 40% and HIVE will rise 40% from this point, which makes this coin more appealing. According to my research, the recent drop in price from $0.35 to $0.25 was caused by the selling of the large whale, which will of course go to settle their amount and pay taxes. That was the reason for the price reduction.

![BLOCKCHAIN TECHNOLOGY 3.png](https://i.imgur.com/xZEale1.png)

# HARD PUMP IS EXPECTED VERY SOON

These coins that have been sold will be repurchased at any time and will be used for hard pumping. There is no need to be concerned about the price decrease because one of the causes could be Christmas expenses. Looking at the long term, this coin is one of the best investments and will provide you with massive profits once the bull run begins.

This journey of HIVE from $0.5 to $0.25 was worrying and painful, but if you are a long-term investor, don't be concerned because there is always a win-win situation for long-term holders. I know there are many people who, like me, bought at $0.5 and have lost 50% of their value. But I am hopeful that the price will quickly rise and that there will be good days for the hive.

I hope you find this post interesting and that it is useful to you. If you find the post useful, please reblog it so that it reaches as many people as possible and that they can benefit the most. Also, remember to upvote, which will help me financially and grow my account. Please feel free to ask any questions you have about the subject, and I will do my best to answer them.

* NOTE: PICTURES ARE TAKEN FROM CANVA AND EDITED IN CANVA.

# DISCLAIMER

## Please keep in mind that I am not a financial advisor. Never, ever take anything I say as financial advice. Conduct your own research. Before making any investment decisions, consult with a professional investment advisor! My posts are strictly for entertainment purposes!

Thank You!
Best Wishes.

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