A look at statistics

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Altcoiners are still waiting patiently or maybe already exhausted. This particular crypto Circle has brought in some unexpecteds. That is the market for you anyway but much was expected or at least half met expectations will still be something. Many were expecting Bitcoin to bull, leading to another altcoins market breakthrough. Is it a reverse? It depends? First we have to accept whether bitcoin trading around $110,000 dollars is a bull market.

For many, no way; expectations were from 250K to 500K by NOW. The settings seemed right; institutional investors had stepped in. To make things even more interesting, the government started seeing potential, with power houses like the US even siding with these tech.

There were pre-promises ahead of elections, it was ALL about, let Donald Trump just win and we are good to go. It hasn't really been as expected. Mr Trump has been on the trade wars for a while NOW, something that is creating investor's uncertainties.

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Or could the stablecoins business be slowing down things. money of course will flow into the crypto space but from where exactly? Many are most concerned about The GENIUS Acts that has just been passed, you should be used to Venture capitalists, where works is where they throw in the money.

The market is bad without doubt, many projects are awaiting a long term revival. It seems bitcoin has not been hit this time around. Not bad at around 110K sentiments aside.

Ethereum is still pulling an uncertain performance, it has brought many investors questioning. What exactly is the future of this project? When looking at 'figure to figures', the gap between it and bitcoin is very large. Yes, it is said bitcoin is known mostly for monetary transactions and now a store of value (virtual gold).

Ethereum on the other hand is a utility token with several applications centering it. With this comparison, there is a utility hedge in the long term. Alt-competition is still cooking, you know? Solana is one of those promising projects.

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Coming back to Hive token, it is seeing a market leap. 24 hours statistics from [coinmarketcap](www.coinmarketcap.com] shows a green wave. At least a move from below $0.205 Cents to $0.214 Cents is a big move. I saw a recent thread concerning this, his analysis is that this will be followed by a sudden pump. I wouldn't be so much interested in a sudden pump although it will boost ecosystem confidence. I feel it is far better to continue this steady gradual climb and avoid a sudden crackdown. If it rushes faster to around $0.5 cents within a month then it will start declining. We are humans, many take profits are likely to occur.

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The last time we saw hive hit above $0.5 cents was January. It was around $0.6 highest according to coinmarketcap cap, I can't figure out how it was within the DEX of Hive. It has been a six month wait below that, what can the Next two months do? My prediction is hive trading at least half of its last high price within this period of time. Many will be throwing in the bucks ahead of the ember market summary. From my long time observations, there are always market leaps within this season. November, December and January are good times to double profits.

To conclude, let me add, my market predictions above are not investment advice. A good thing to always do your research. Nevertheless, those who understand the utility behind Hive, LEO and several tokens that make up this ecosystem will always profit at both directions. That is the tokenomics advantage of this platform; stake more and get rewarded. Web3 is a push beyond price but a steady rewarding system.

While other ecosystems may be waiting for price bounce back, even at $0.2 cent, many who have sticked around can boast of more tokens to their holdings. The future of altcoins lies in utility, nothing will beat bitcoin when it comes to store of value, it has taken an unchallenging spot. ETF is currently working wonders for it.

Posted Using INLEO