Hive (HIVE) Trading Up 6.6% Over Last 7 Days

Hive (HIVE) traded 0.1% lower against the U.S. dollar during the 1 day period ending at 7:00 AM ET on February 22nd. One Hive coin can currently be bought for approximately $0.34 or 0.00000354 BTC on cryptocurrency exchanges. In the last seven days, Hive has traded up 6.6% against the U.S. dollar. Hive has a market capitalization of $171.67 million and $13.06 million worth of Hive was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• Taiko (TAIKO) traded down 4% against the dollar and now trades at $1.04 or 0.00001072 BTC.
• 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 down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 2.2% lower against the dollar and now trades at $96,432.99 or 0.99697042 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 2.3% against the dollar and now trades at $95,836.28 or 0.99080137 BTC.

Hive Profile

HIVE uses the hashing algorithm. It launched on March 20th, 2020. Hive’s total supply is 500,749,243 coins. The official website for Hive is hive.io. Hive’s official Twitter account is @hiveblocks and its Facebook page is accessible here. The official message board for Hive 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 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 Changelly, GDAX or Coinbase. 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