Hive Price Hits $0.24 on Exchanges (HIVE)

Hive (HIVE) traded 2.6% higher against the US dollar during the 1 day period ending at 7:00 AM E.T. on November 22nd. One Hive coin can now be purchased for $0.24 or 0.00000238 BTC on popular cryptocurrency exchanges. Hive has a total market capitalization of $117.90 million and approximately $4.91 million worth of Hive was traded on exchanges in the last day. Over the last seven days, Hive has traded down 0.3% against the US dollar.

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

• 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 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.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.5% higher against the dollar and now trades at $98,731.72 or 0.99881804 BTC.
• SolvBTC (SOLVBTC) traded up 1.1% against the dollar and now trades at $98,690.27 or 0.99839865 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Hive 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. Hive’s official Twitter account is @hiveblocks and its Facebook page is accessible here. Hive’s official website is hive.io. 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 currently possible to buy alternative cryptocurrencies such as Hive directly using US dollars. Investors seeking to acquire Hive should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Hive using one of the aforementioned exchanges.

HIVE/USD price chart by TradingView