My Word Hive Is Pumping Again - This Is Becoming A Habit!

Hive is at it again! Yes, it started pumping yesterday and it's now currently trading at around the $0.37-38 mark. So that's a $0.15 increase in just one day, representing a staggering 60% jump in price. This is wonderful to see of course but what's causing it?

(Source: Coinbase.com, Hive 24 hour trading chart)

Trading volume is up in the past 24 hours by almost 3000%.

If we take a look at the trading volume on various exchanges for a moment once again we can see that Upbit has experienced a $525m trading volume in Hive, by far outstripping the rest and accounting for 80% of the total volume. That's an insane amount of Hive trading taking place there. It appears the Koreans are pumping the Hive market again.

(Source: Coingecko.com)

But this time it's not just Hive. Very curiously Steem is also pumping. When I saw this I assumed there was a wider altcoin vertical movement taking place, but I was wrong. So this gets more interesting.

Check the 24 hour price graph and Steem is up 21% to $0.24.

So it's clearly not as strong a performance as Hive but nonetheless a significant jump for Steem. Do we have the same person or group pumping both markets? Any thoughts?

Peace!