Hive Hits 24-Hour Trading Volume of $7.08 Million (HIVE)

Hive (HIVE) traded 6.6% lower against the dollar during the one day period ending at 8:00 AM Eastern on April 3rd. In the last seven days, Hive has traded 12.7% lower against the dollar. Hive has a total market capitalization of $107.89 million and $7.08 million worth of Hive was traded on exchanges in the last day. One Hive coin can currently be purchased for approximately $0.22 or 0.00000259 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed in 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 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.
• 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.
• SolvBTC (SOLVBTC) traded down 2% against the dollar and now trades at $83,018.09 or 0.99846860 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 1.7% against the dollar and now trades at $82,826.03 or 0.99661307 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

About Hive

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

According to CryptoCompare, “Hive is an open-source blockchain, forged in years of development to bring Web 3.0 to the world. With a diverse community of stakeholders and without controlling bad actors, individuals can experience true ownership in a decentralized blockchain & cryptocurrency.Hive distributes the new coins based on the Proof of Brain mechanism (PoB). Although it also distributes it to the stake holders trough curation and staking rewards so it’s a bit of hybrid, DPoS/PoB. Hive was created as an independent and decentralized fork of the Steem blockchain.The Hive network comes with two classes of cryptocurrency assets named HIVE and Hive Backed Dollars (HBD). Moreover, HIVE exists both under a liquid form (simply called HIVE) and a staked form (called Hive Power). HIVE is the liquid currency of the Hive ecosystem.”

Buying and Selling Hive

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 Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini 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