Dog will be dog. Cryptos up, this dog down over 3% with a very low volume. You may fool the markets sometime, but companies always get put back into their place. The place for HIVE is in the dog house. Incompetent management that can't deliver. Suspicious ownership of shares. Lack of transparency.
Some of the bagholders said sometimes before that mining companies do not report how many ounces they mined so it's OK for HIVE to keep it secret of how many coins they have. Of course that is not true. Mining companies always report how many ounces they mined. In fact, one of the companies that I follow (B2Gold) announced today their first quarter gold production and revenue. So 11 days after the quarter ended $3.5Billion company can tell its shareholders how many ounces they mined and what was their revenue. Most mining companies do this.
Hive doesn't do that because they run shady operations. It's much easier for HIVE to count the coins and tell its investors than gold mining companies. But no. HIVE. So that is why HIVE is a penny stock and it will always be sub $2 company even if ETH hits $1K.