Hive Price Tops $0.62 on Major Exchanges (HIVE)

Hive (HIVE) traded up 55.5% against the US dollar during the twenty-four hour period ending at 7:00 AM Eastern on January 5th. Hive has a market cap of $312.91 million and $1.46 billion worth of Hive was traded on exchanges in the last day. One Hive coin can currently be purchased for about $0.62 or 0.00000639 BTC on major cryptocurrency exchanges. Over the last week, Hive has traded 35.8% higher against the US dollar.

Here is how related cryptocurrencies have performed over the last day:

• 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 1.2% higher 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 0.2% lower against the dollar and now trades at $97,374.27 or 0.99601203 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 0.3% 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.

About Hive

HIVE uses the hashing algorithm. Its genesis date was March 20th, 2020. Hive’s total supply is 500,749,243 coins. 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. Hive’s official website is hive.io. Hive’s official message board is peakd.com/@hiveio.

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 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 Coinbase, Changelly 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