Hive Price Tops $0.62 on Major Exchanges (HIVE)

Hive (HIVE) traded 55.5% higher against the US dollar during the 24-hour period ending at 7:00 AM ET on January 5th. During the last seven days, Hive has traded up 35.8% against the US dollar. Hive has a total market capitalization of $312.91 million and approximately $1.46 billion worth of Hive was traded on exchanges in the last 24 hours. One Hive coin can now be purchased for about $0.62 or 0.00000639 BTC on major cryptocurrency exchanges.

Here is how other cryptocurrencies have performed during the last 24 hours:

• 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.
• SolvBTC (SOLVBTC) traded down 0.2% against the dollar and now trades at $97,374.27 or 0.99601203 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.3% lower against the dollar and now trades at $96,613.92 or 0.98823471 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Hive Profile

Hive uses the hashing algorithm. Its launch date was March 20th, 2020. Hive’s total supply is 500,749,243 coins. Hive’s official message board is peakd.com/@hiveio. Hive’s official Twitter account is @hiveblocks and its Facebook page is accessible here. The Reddit community for Hive is https://reddit.com/r/hivenetwork and the currency’s Github account can be viewed here. The official website for Hive is hive.io.

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 presently 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 GDAX, Coinbase or Changelly. 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