The sixth Hive Power Up Day of 2026 has arrived and with it comes a big surprise! In the last few days, hive users had a certain surprise, which interestingly enough, happened close to the day of HPUD 6. I believe it was on May 31st, without anyone expecting it, a big movement happened in the token. $HIVE, which was trading at $0.058 to $0.06, suddenly passed $0.08, hitting $0.085 for a moment.
This upward movement surprised many users, after a while the token returned to trading at around $0.07 to $0.068 and is now at the levels it was before this rise. It's curious that because hive has a large presence as a social network, as soon as there's something new, users start writing and commenting on what happened. I remember that when I was reading some posts I noticed that two were addressing the subject and one of them was titled PUMP and asked a question about Hive at $0.10? This caught my attention and when I saw it, the climb had already taken place.
It's interesting to use this day to give an overview of the crypto scene, while commenting on these new developments that end up happening. Addressing a little about the AI scenario that has been impacting and commenting on the duality of price and value are some extra points.
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Crypto Scenario during HPUD 6
Now speaking more specifically about Hive Power Up Day number 6, one thing surprised me while I was doing a token conversion to get the 10 Hive tokens needed to have the minimum participation in the HPUD event. During the conversion, there was just a little bit of hive left to reach 10 and the values took me by surprise.
Even knowing the value of the token, how much we actually see on the screen the relationship between the token and its price is a different matter. I was surprised when I saw that approximately 5 Hives were being equivalent to $0.30. The reason is that those who are involved in a project cannot have a real idea of when there is a devaluation. An HIVE token has already been traded for more than $0.30 and now almost 5 units of the token are worth the same thing, and that's not counting the inflation of the dollar currency that occurred during the period.
This leads us to another reflection between price and value. As I already mentioned, we have seen the rise and fall of the Hive token, but in recent weeks we have seen the price of the token around $0.06. Knowing the price, the remaining question is the value. As we are talking about HPUD, it is interesting to remind users and interested parties what benefits the staked hive token, Hive Power, has.
The first benefit and what moves users to make power ups and stake their tokens is relevance. What would be relevance? They have several meanings. The more tokens a user has, the greater their ability to curate other people's content and reward them for good content. In addition, he also earns a small amount of APR for leaving his hive staked and part of the curation done goes to the curator as well. There is also the possibility of delegating HP to projects and other users.
This shows us that there are several uses for the HP and that they may not be accounted for within the $0.06, because it will end up depending on the user's use of the HP. Now coming back to the price part, it is very dependent on user demand. Currently, the world's eyes are focused on a single type of asset, I recently saw that AI is taking up something close to 50% of all investors' capital, causing several areas, such as crypto, to have very reduced liquidity.
