Hive (HIVE) Price Tops $0.22 on Exchanges

Hive (HIVE) traded 2.9% lower against the dollar during the one day period ending at 21:00 PM ET on July 1st. One Hive coin can currently be bought for $0.22 or 0.00000345 BTC on major exchanges. Over the last seven days, Hive has traded down 7.6% against the dollar. Hive has a total market cap of $108.56 million and approximately $1.99 million worth of Hive was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• KILT Protocol (KILT) traded 1.6% higher against the dollar and now trades at $0.21 or 0.00000333 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 2.9% against the dollar and now trades at $0.0118 or 0.00000019 BTC.

Hive Coin Profile

Hive uses the hashing algorithm. Its launch date was March 20th, 2020. Hive’s total supply is 500,749,243 coins. Hive’s official message board is peakd.com/@hiveio. The official website for Hive is hive.io. Hive’s official Twitter account is @hiveblocks and its Facebook page is accessible here. The Reddit community for Hive is https://reddit.com/r/hivenetwork and the currency’s Github account can be viewed here.

According to CryptoCompare, “Hive is an open-source blockchain platform developed for Web 3.0. It is a decentralized network where individuals have true ownership and control over their cryptocurrency. The platform uses a hybrid mechanism of Proof of Brain (PoB) and Delegated Proof of Stake (DPoS) to distribute new coins to stakeholders. Hive is a decentralized fork of the Steem blockchain and offers two classes of cryptocurrency assets, HIVE and Hive Backed Dollars (HBD). HIVE is the liquid currency of the platform and also exists in a staked form called Hive Power.”

Hive Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as Hive directly using US dollars. Investors seeking to trade Hive should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Hive using one of the aforementioned exchanges.

HIVE/USD price chart by TradingView