Hive (HIVE) 24 Hour Volume Reaches $1.65 Million

Hive (HIVE) traded 5.9% lower against the US dollar during the 24-hour period ending at 12:00 PM ET on August 4th. During the last week, Hive has traded down 18.7% against the US dollar. One Hive coin can now be purchased for $0.18 or 0.00000307 BTC on major exchanges. Hive has a total market cap of $90.55 million and $1.65 million worth of Hive was traded on exchanges in the last day.

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

• Aidi Finance (BSC) (AIDI) traded down 2.2% 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 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 0.9% higher against the dollar and now trades at $0.0124 or 0.00000021 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Hive

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. The Reddit community for Hive is https://reddit.com/r/hivenetwork and the currency’s Github account can be viewed here. The official message board for Hive is peakd.com/@hiveio. Hive’s official Twitter account is @hiveblocks and its Facebook page is accessible 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 acquire Hive should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Hive using one of the exchanges listed above.

HIVE/USD price chart by TradingView