Hive (HIVE) Tops 24 Hour Trading Volume of $1.13 Million

Hive (HIVE) traded 2.5% lower against the U.S. dollar during the one day period ending at 16:00 PM ET on November 2nd. Hive has a total market capitalization of $87.31 million and $1.13 million worth of Hive was traded on exchanges in the last day. During the last seven days, Hive has traded 4.9% lower against the U.S. dollar. One Hive coin can currently be bought for about $0.17 or 0.00000251 BTC on major cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed during 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 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.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 0.2% higher against the dollar and now trades at $69,397.37 or 0.99812473 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 0.2% against the dollar and now trades at $69,360.49 or 0.99759432 BTC.

Hive Coin Profile

HIVE uses the hashing algorithm. Its genesis date was March 20th, 2020. Hive’s total supply is 500,749,243 coins. Hive’s official website 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.”

Buying and Selling Hive

It is usually not currently possible to purchase alternative cryptocurrencies such as Hive directly using U.S. dollars. Investors seeking to acquire Hive should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Hive using one of the aforementioned exchanges.

HIVE/USD price chart by TradingView