Hive (HIVE) Market Capitalization Tops $157.39 Million

Hive (HIVE) traded up 2.7% against the U.S. dollar during the twenty-four hour period ending at 0:00 AM E.T. on April 16th. During the last week, Hive has traded 19.8% lower against the U.S. dollar. Hive has a market cap of $157.39 million and $3.33 million worth of Hive was traded on exchanges in the last day. One Hive coin can now be bought for approximately $0.31 or 0.00000491 BTC on popular cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded down 6% against the dollar and now trades at $0.33 or 0.00000516 BTC.
• 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 2.2% lower 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.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 1.9% higher against the dollar and now trades at $0.0088 or 0.00000014 BTC.

Hive Profile

Hive (CRYPTO:HIVE) uses the hashing algorithm. Its genesis date was March 20th, 2020. Hive’s total supply is 500,749,243 coins. The official message board for Hive is peakd.com/@hiveio. 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.

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 Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Hive using one of the aforementioned exchanges.

HIVE/USD price chart by TradingView