Hive Trading Down 27.6% Over Last 7 Days (HIVE)

Hive (HIVE) traded 14.2% lower against the US dollar during the 24 hour period ending at 0:00 AM ET on August 4th. In the last week, Hive has traded 27.6% lower against the US dollar. Hive has a market capitalization of $81.50 million and approximately $2.94 million worth of Hive was traded on exchanges in the last 24 hours. One Hive coin can now be bought for approximately $0.16 or 0.00000299 BTC on popular cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed in the last 24 hours:

• 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 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 1.2% higher 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 3.8% lower against the dollar and now trades at $0.0119 or 0.00000022 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 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. The official website for Hive is hive.io. Hive’s official Twitter account is @hiveblocks and its Facebook page is accessible here. Hive’s official message board is peakd.com/@hiveio. 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 Gemini, Coinbase or Changelly. 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