Hive's Top Share Price It is an interesting conversation below around whether Hive's share price could ever reach $5.
I have to admit I am surprised to hear people say no - I honestly believe there's a hidden agenda there. There are people that are predicting Ethereum could within 5-10 years hit $25,000. Now, sure we don't know what proof of stake will ultimately do too miners, but if things remained constant in terms of how many coins we acquire per year and production costs, this stock is going to be worth WAY more than $5.
Ethereum hit $1,400 during the last bull run and is expected to exceed it. So what if it hit $5,000? What would Frank do with that cash flow to make more?
We should be thinking in the hundreds of dollars per share if Bitcoin and Ethereum ever start to hit market caps in the trillions. The number of outstanding shares plays a role, but that doesn't mean that Hive has some sort of narrow limit.