Hive Price Hits $0.17 on Major Exchanges (HIVE)

Hive (HIVE) traded up 4.2% against the US dollar during the 1 day period ending at 20:00 PM E.T. on November 5th. Hive has a total market capitalization of $87.30 million and approximately $1.07 million worth of Hive was traded on exchanges in the last day. In the last week, Hive has traded down 9.5% against the US dollar. One Hive coin can now be bought for approximately $0.17 or 0.00000246 BTC on popular cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed in 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 up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 4.2% against the dollar and now trades at $70,585.08 or 0.99507076 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 3.6% against the dollar and now trades at $70,265.04 or 0.99055899 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 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. Hive’s official Twitter account is @hiveblocks and its Facebook page is accessible here. Hive’s official message board is peakd.com/@hiveio.

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 purchase alternative cryptocurrencies such as Hive directly using US dollars. Investors seeking to acquire Hive should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Hive using one of the exchanges listed above.

HIVE/USD price chart by TradingView