Hive (HIVE) 24-Hour Volume Hits $1.65 Million

Hive (HIVE) traded down 1% against the US dollar during the 24 hour period ending at 11:00 AM Eastern on October 24th. One Hive coin can currently be bought for approximately $0.19 or 0.00000282 BTC on major cryptocurrency exchanges. Hive has a total market capitalization of $95.86 million and $1.65 million worth of Hive was traded on exchanges in the last day. In the last seven days, Hive has traded 1.9% lower against the US dollar.

Here is how similar 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 up 1.2% 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.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 0% lower against the dollar and now trades at $0.0944 or 0.00000141 BTC.

Hive Profile

Hive (CRYPTO:HIVE) uses the hashing algorithm. It was first traded on March 20th, 2020. Hive’s total supply is 500,749,243 coins. 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/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.

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 trade Hive should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. 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