Hive Hits Market Cap of $213.92 Million (HIVE)


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Hive (CURRENCY:HIVE) traded 14.1% higher against the U.S. dollar during the 24 hour period ending at 22:00 PM Eastern on April 20th. Hive has a total market capitalization of $213.92 million and approximately $47.40 million worth of Hive was traded on exchanges in the last 24 hours. One Hive coin can now be purchased for about $0.54 or 0.00000962 BTC on major exchanges. In the last seven days, Hive has traded 9.2% lower against the U.S. dollar.

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

  • TRON (TRX) traded up 8% against the dollar and now trades at $0.13 or 0.00000239 BTC.
  • WAX (WAXP) traded 16.8% higher against the dollar and now trades at $0.22 or 0.00000391 BTC.
  • Velas (VLX) traded down 2.3% against the dollar and now trades at $0.15 or 0.00000274 BTC.
  • 0Chain (ZCN) traded up 13.9% against the dollar and now trades at $2.05 or 0.00003667 BTC.
  • FIO Protocol (FIO) traded up 6.2% against the dollar and now trades at $0.30 or 0.00000539 BTC.
  • GXChain (GXC) traded up 3.3% against the dollar and now trades at $0.98 or 0.00001741 BTC.
  • Metaverse Dualchain Network Architecture (DNA) traded 11% higher against the dollar and now trades at $0.0014 or 0.00000003 BTC.
  • LiquidApps (DAPP) traded up 32.5% against the dollar and now trades at $0.0336 or 0.00000060 BTC.
  • Credit Tag Chain (CTC) traded up 2.4% against the dollar and now trades at $0.18 or 0.00000507 BTC.
  • Centric Cash (CNS) traded 10.4% lower against the dollar and now trades at $0.0015 or 0.00000003 BTC.

Hive Coin Profile

HIVE is a DPoS/PoB coin that uses the

Delegated Proof-of-Stake

hashing algorithm. Its launch date was January 26th, 2018. Hive’s total supply is 396,805,349 coins. Hive’s official Twitter account is @blockhive_ee and its Facebook page is accessible here. The official message board for Hive is peakd.com/@hiveio. The official website for Hive is hive.io. The Reddit community for Hive is https://reddit.com/r/hiveblocks and the currency’s Github account can be viewed here.

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. “

Hive Coin Trading

It is usually not currently 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 Changelly, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Hive using one of the exchanges listed above.

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