Hive (HIVE) Hits Market Cap of $110.39 Million

Hive (HIVE) traded down 0.4% against the dollar during the 1-day period ending at 14:00 PM ET on July 17th. Hive has a total market cap of $110.39 million and approximately $2.98 million worth of Hive was traded on exchanges in the last 24 hours. During the last week, Hive has traded 6.1% higher against the dollar. One Hive coin can now be bought for $0.22 or 0.00000342 BTC on major exchanges.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• KILT Protocol (KILT) traded 2.7% higher against the dollar and now trades at $0.20 or 0.00000317 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 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 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 0.2% higher against the dollar and now trades at $0.0128 or 0.00000020 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. Hive’s official website is hive.io. Hive’s official Twitter account is @hiveblocks and its Facebook page is accessible here. Hive’s official message board 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.”

Hive Coin Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Hive directly using US dollars. Investors seeking to trade Hive should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. 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