As you all already know that the Hive price is rising up, there at least it has already gone 2X from the lowest price we have seen this year. You might already know that I don't have any anticipation on the recent cycle, because I have not accumulated enough HP or liquid hive on my account, although you can see that I hold a little bit of liquid hive, however it is my reserve to fund the contest that I run here on Cent community.
While some of the top coin has already reach and make the new ATH from the previous bullrun cycle, but this time Hive is still very far away from its destination. Now hive is still around $0.4 while the ATH on the previous cycle was around $3.42 yes, we are still down $3 per token at this time.
But the current bull cycle seems to be a little bit different because it took quite sometimes for the altcoin to gain traction after the initial bitcoin price pump. also the Luna, and FTX closure might also have the effect on the current alt coin prize.
But one thing for sure, in some corner of crypto world, there is a spot where meme token are thriving and have fun on pump and dump, and rug. that place called Solana.