Hive Trading Up 5.3% Over Last 7 Days (HIVE)

Hive (HIVE) traded 0.5% higher against the US dollar during the 24 hour period ending at 8:00 AM Eastern on March 18th. Over the last seven days, Hive has traded up 5.3% against the US dollar. Hive has a market capitalization of $122.24 million and $10.11 million worth of Hive was traded on exchanges in the last day. One Hive coin can currently be purchased for about $0.24 or 0.00000296 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

• Taiko (TAIKO) traded 2.9% lower against the dollar and now trades at $0.63 or 0.00000761 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 down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 0.2% against the dollar and now trades at $82,731.99 or 1.00176671 BTC.
• SolvBTC (SOLVBTC) traded down 1% against the dollar and now trades at $82,515.20 or 0.99914170 BTC.

Hive Coin Profile

Hive uses the hashing algorithm. It launched on March 20th, 2020. Hive’s total supply is 500,749,243 coins. 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. Hive’s official message board is peakd.com/@hiveio.

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 presently possible to purchase alternative cryptocurrencies such as Hive directly using U.S. dollars. Investors seeking to trade Hive should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Hive using one of the exchanges listed above.

HIVE/USD price chart by TradingView