Positivity Boost - Bitcoin, Hive and Tribe Trends
We are seeing all around us high inflation with higher prices for fuel, food and nearly everything is going up like a rocket! It's times like this that we go into survival mode and cut out the trips to McDonald's and live on rice and beans.
Before I got into crypto, I would pay attention to the news and worry and be concerned about what something costs or how we will get by. But now I don't give it my attention. I feel like Ewan McGregor in Trainspotting faced with a decision.
At times like this, it is good to focus on real life and not some numbers on a screen or some potential problem in the future being promoted by the mainstream.
The mainstream media likes to get us living in fear and worrying that this might be the time crypto doesn't go back up.
How can we be positive with all this barrage of negativity?
Easy.
Believe in yourself. We can overcome any problem thrown at us. If McDonald's closes down, you can go to Burger King. If Burger King closes down, you can buy your own patties and make a home-made burger. There is always a solution to every problem. And we all have the power to solve them.
Since Bitcoin's move down to the $18-21k range, most other cryptos have gone with it, even Ethereum went a bit further. One crypto that has stood out though is Hive. Whilst Bitcoin is flat the last week, Hive has gained over 20% on Bitcoin!
This is quite a move up and for a crypto so low down in the market cap rankings. To make such a move against Bitcoin's dominance is impressive. Does this mean use case trumps store of value? Or just the power of the Hive?
Next let's have a look at some of the layer 2 tokens. Here are some that I like. We can start with one of the most popular.
Leo
LEO is the popular tipping token used on LeoFinance. Here we can see that LEO has fallen over 25% in the last 4 months against Hive.
We could be at a start of a trend reversal though with all the developments going on at LeoFinance. There is Leo power up day, advertising revenue, the LeoFinance App and the new communities feature.
PoB
The Proof of Brain token has been pretty steady the last 4 months and has been mostly in the 0,02 and 0,025 range. I am impressed with how it is now holding this range pretty well and it is good to receive POB tokens.
The POB seems to be an unmoderated tag and seems to be getting its mojo back again.
Cent
We can see with Cent that there has been a slow strengthening of the token value from 0,01 Hive to 0,015. If Hive returns to $1 again, the cent token will be well positioned to be worth about a cent or more!
There is some activity here to bring the community value and hold cent tokens.
Cine
The last tribal token I would look at is Cine. This token has also had a bit of a fall in the last months. Here we can also see a downward trend but there is some volatility there.
Archon
Things have been going well in the Archon Tribe and the token has recovered near its previous highs.
What is great about the Archon communities is that you earn staked Archon for commenting and engaging in their communities. It is the first one on Hive to have this automated system. No wonder people are getting excited about Archon!
Summary
While our portfolios are down with the move down of Bitcoin, Hive is bucking this trend and seems spring-loaded to jump up again. Therefore it makes sense to keep active in the communities and keep stacking Hive and it's layer 2 tokens.
This will pay more once these tokens are revalued up when the next bull run starts.
Which tribal tokens do you like and why?
Thanks for reading.
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Chart screenshots taken from Hive-Engine.com
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Great recap on layer-2 tokens. Always nice to read about them cos I'm still a little confused about which has what properties. Archon seems interesting, I was wondering from where I sometimes get it.
LEO is btw up almost 17%!
Thanks. That's great news! It's already rebounding! !PIZZA
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Thanks for this positivity boost :-) and selfmade Burger anyway are the best!
Just starting to explore this Token World, at the moment looking at ALIVE tribe as you know. Its funny, the Archon tribes communities have been a home for me from the beginning, but I never stepped into this Archon token topic.
I think they are too! hehe
I am intending to explore the Archon communities more in the next weeks. I heard that there is even a Grand Archon!
!PIZZA
Task is indeed grand and very very busy these days! I hope real life let's him spend more time with us soon!
That would be cool. !LUV
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I agree for sure! We are up for the challenge. !PIZZA
You certainly included my favorite tokens to mention!
I also cherish the archon token 🤗🤗
Thank you, that is too kind! !LUV
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I was also checking the crypto market when bitcoin was down to $17k and hive was not following the trend quickly the way Ethereum and most coin did. There is really great future with hive
Yes, it looks like there is a lot of buying support at this level. I wonder if this will be the bottom for hive.
!PIZZA !CTP
I am also thinking in that direction
i need to buy some hive ready for hive power up day. but i hope it might go below $0,40 before then
Let's watch and see how it goes
This brings tears to my eyes @mypathtofire
Loving the positivity boost, the post was spot on and I am so pumped how you are crushing it on your HIVE journey!
!CTP
!PIZZA
Thanks Jimmy. The positivity is spreading from you guys! !CTP
I loved the office series.
Let's keep crushing it @mypathtofire
!CTP
Im with you Jimmy. !CTP
!CTP
YUP 👍🏽
Happy Friday @mypathtofire
Another week nailed, lets do this! !CTP
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I tend to ignore the mainstream media more and more each day. I'm just really sick and tired of all the negativity they are spreading. Every time that I do listen to the news, I am wondering why it is that they never seem to give positive news to enlighten the general mindset. If mainstream media would give out more positive news, the world could become a better place over all
I remember you mentioned it in your recent post. It has become toxic at this stage. I believe we have so much power by just not giving it our attention. !PIZZA !CTP
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Great post @mypathtofire it is difficult if all people do is listen to mainstream media and are not willing to accept any responsibility to get themselves beyound the issues.
Most the time the media are not even living in the same world as everyone else so i don't know why people listen guess they know no better.
I get my news from other sources and only focus on what actually makes a difference to me and my family.
I don't care if people feel this is selfish.
Coming from a start of a poor background and living on the streets for years, you realise no one but you can and will help you out of that kind of situation.
I love Hive and all the awesome projects that are being built to help people we need more.
I am and always will be an Alive die hard i believe because not only is it an amazing opportunity but also one anyone of any background or abilities can take part in.
Being Alive On Hive is all that is needed how simple is that, this is how duplication is created the conerstone of being successful in business 🤣😎
!ALIVE
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Awesome Ben! You are totally right and you know what you are talking about so there is no debating the fact.
I also love the ALIVE tribe, great community and glad to be a part of it too.
!ALIVE
!CTP
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BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!
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I agree, a low price sucks when you need to take a bit of your crypto earnings for basic life needs like rent, but if you're able to hodl I'm positive about the low numbers because that gives opportunities to stack as much as you can and I believe it will pay off long-term. I've been stacking several more EDS the past couple of weeks while Hive price is low, because they pay you in Hive once a week and so when the price goes back up again, that investment will pay off nicely! I also ran two contests for HSBI shares from this account, as that benefits both the winner and me (when you buy HSBI, you pay one Hive and it buys two shares: one share goes to you and one to the person you sponsored). Again, a great time to do that while Hive price is low and it will pay off with those upvotes long term.
So I'm trying to be smart and take advantage of the opportunity as much as I can!
Thinking long term really pays dividends. That is so true about the current price of Hive, we need to take advantage of it while we can. I hope the moves I make now, my older self will thank me for too. I don't know too much about HSBI, but it sounds also like an interesting project that I should look more into.
!LUV
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