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I recently saw some people on Hive saying that the price of the token currently being (very) low is a good opportunity to stack some #HiveEngine tokens (as well as the HIVE token itself). π€
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True, it is, as almost everything is way down. πππβ¨π€
!ALIVE
!BBH
!HOPE
!INDEED
There's the possibility though that some people on Hive are still waiting for the price of the HIVE token to drop further before buying (large amounts of) the token. π€
!HOPE
!LOLZ
Well, it makes sense, as most would choose to go to a whale rather than to an orca. πππβ¨π€
!HOPE
!LOLZ
Becoming a Hive Whale normally goes through being a Hive Orca, unless such 610,000+ HIVE required to become a Hive Whale is bought at once !INDEED. πΈπ€―π€
!WEIRD
!HOPE
!ALIVE
Exactly. πππβ¨π€
!ALIVE
!HOPE
!INDEED
!WEIRD
I wonder how much the price of the HIVE token will increase if someone buys (from exchanges) about 610,000 HIVE (and then stakes them) in just a few minutes. π€π
!WEIRD
Probably very little, as the amount of HIVE on certain exchanges in in the millions, which is very bad. πππβ¨π€
!WEIRD
They might Power Up most (if not all) of those HIVE tokens and become Hive Whales themselves, or at least become Whales of certain #HiveEngine tokens !INDEED. π€―π€
!WEIRD
!HOPE
!WINEX
That would be the hope, and by someone who means well for the blockchain. πππβ¨π€
!ALIVE
!BBH
!HOPE
!INDEED
An owner of a (centralized) cryptocurrency exchange (even a small one) that supports HIVE may be a PEPE token lover, and decide to use most (if not all) HIVE tokens they hold to buy PEPE tokens on #HiveEngine and become a PEPE Whale in no time, overtaking even @pepetoken (and @null)! π€πΈ
!HOPE
!ALIVE
!WINEX
Unlikely, but possible. To invest a large amount of funds, there would need to be a reason to do so. πππβ¨π€
!ALIVE
!BBH
!HOPE
!SLOTH
A "strong passion" may be a (good) reason to do so (buy a huge amount of PEPE tokens) !INDEED! ππΈ
Anyway, the Hive blockchain's PEPE frog @pepetoken has burned a gigantic amount of PEPE tokens according to its official post. πΈπ₯π
!WEIRD
!ALIVE
!WINEX
Yes, for sure, no doubt, though some sort of return on the investment would be nifty too.
That's good to hear, and I did notice an improvement in the price of PEPE today. πππβ¨π€
!ALIVE
!INDEED
!WINE
!WEIRD