Hive (HIVE) Market Capitalization Tops $166.64 Million

Hive (HIVE) traded 5.1% lower against the US dollar during the 1-day period ending at 8:00 AM Eastern on November 24th. One Hive coin can currently be purchased for about $0.35 or 0.00002109 BTC on popular exchanges. Hive has a market cap of $166.64 million and approximately $11.84 million worth of Hive was traded on exchanges in the last day. Over the last seven days, Hive has traded up 9.9% against the US dollar.

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

  • KILT Protocol (KILT) traded down 1% against the dollar and now trades at $0.42 or 0.00002520 BTC.
  • Aidi Finance (BSC) (AIDI) traded down 1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded 3.6% higher against the dollar and now trades at $0.0454 or 0.00000274 BTC.
  • CareCoin (CARES) traded up 3.6% against the dollar and now trades at $0.0563 or 0.00000341 BTC.
  • OmniaVerse (OMNIA) traded 2.6% lower against the dollar and now trades at $0.0011 or 0.00000007 BTC.
  • Terra (LUNA) traded 0.3% lower against the dollar and now trades at $1.55 or 0.00009346 BTC.
  • 2G Carbon Coin (2GCC) traded 0% lower against the dollar and now trades at $1,417.70 or 0.08575265 BTC.
  • Kitty Inu (KITTY) traded up 3.6% against the dollar and now trades at $79.77 or 0.00482509 BTC.
  • Lunar (LNR) traded up 18.9% against the dollar and now trades at $0.0601 or 0.00000364 BTC.
  • Hokkaidu Inu (HOKK) traded up 23.1% against the dollar and now trades at $0.0004 or 0.00000003 BTC.

Hive Coin Profile

Hive (HIVE) uses the hashing algorithm. It launched on March 20th, 2020. Hive’s total supply is 477,487,803 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, forged in years of development to bring Web 3.0 to the world. With a diverse community of stakeholders and without controlling bad actors, individuals can experience true ownership in a decentralized blockchain & cryptocurrency.Hive distributes the new coins based on the Proof of Brain mechanism (PoB). Although it also distributes it to the stake holders trough curation and staking rewards so it’s a bit of hybrid, DPoS/PoB. Hive was created as an independent and decentralized fork of the Steem blockchain.The Hive network comes with two classes of cryptocurrency assets named HIVE and Hive Backed Dollars (HBD). Moreover, HIVE exists both under a liquid form (simply called HIVE) and a staked form (called Hive Power). HIVE is the liquid currency of the Hive ecosystem.”

Buying and Selling Hive

It is usually not possible to buy alternative cryptocurrencies such as Hive directly using US dollars. Investors seeking to trade Hive should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Hive using one of the aforementioned exchanges.

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