Hive price continue to climb. In my prediction, the price will touch $1. On the other hand, the price of hive-engine tokens declines. In the first week of the rise of the Hive price, most holders will sell their Hive-engine tokens. In my experience, the withdrawal of Hive increased. I had pending withdrawal of Hive when the price of Hive increased last year.
As you can see in the chart, the Bee token price is under $0.4. It is time to buy bee and other tokens because after one or two weeks of Hive price stability, the price of hive-engine tokens will also increase slowly. Buying Hive is not profitable for daily traders, but buying hive-engine tokens will give more assets in the Hive second layer.
Is investing in hive-engine tokens worth it? Some Hive-engine tokens have high liquidity in the diesel pool. That is one of the reasons why investing in hive-engine tokens is better than buying tokens from other networks like BSC, Terra, or Ether. As Hive users, you must be familiar with the hive-engine. You can do some research on what the best hive-engine token is to invest in. Here are some tips that you can use to decide.
- The token has high liquidity. The liquidity will help you cash out quickly.
- The token is popular. Popularity means there are a lot of users who hold the tokens.
I hope the price of Hive will be higher in the near future so that I can invest more in Hive-engine tokens.