As of writing HBD is trading at $1.55 i.e. 50% down from $3 which was touched just a few hours back. It was unusual because we have never seen HBD going so much above $1.
PC: Coinmarketcap.com
I was a little late to see the pump, I did not want to withdraw but seeing the price I converted some of my HBD to Hive as I was getting more Hive with the same amount of HBD. Hopefully, when the price stabilizes, I will buy back the HBD to move it to the savings. But before that, it's better to take some profit by converting to Hive and then converting it back to HBD.
But as I said this is just an unusual pump and we should see this pump more often as it feels good to watch the market of your favourite coin go up like this. Might be since so many Stable Coins are failing around, people wanted to have that Stable Coin (HBD) which is the most stable as well as you can get 20% APR without any risk at all.
Along with that, there is a nice Hive pump too and hopefully, we can witness the Hive at $1 soon. As of writing the Hive price is above $0.54 which is an increase of 16% its price. Hopefully, this pump should continue to more and more pumps.
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Good catch and nice share, I also saw this. If someone wants to give us money lets take it. I am happy people within the community share news. I think HBD is going to be very stable if we keep it up.
In the past it was usually to see HBD have this kind of pumps a bit since we start to have the HBD stabilizer the HBD started to be more time pegged to $1 and the pumps go away.
I really don't know how the pump was possible, but it feels good to see our stable health
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Does this spell bullish for the Hbd?
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I hope you got some gains from this pump, I woke up when the price was around 1.5 so I was still able to realize some gains to buy hive but still, these Koreans always start crap when we are asleep! hahaha
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