Hive 1-Day Trading Volume Hits $7.45 Million (HIVE)

Hive (HIVE) traded down 0.1% against the US dollar during the 24-hour period ending at 7:00 AM E.T. on November 18th. Hive has a total market capitalization of $119.96 million and approximately $7.45 million worth of Hive was traded on exchanges in the last day. One Hive coin can now be bought for $0.24 or 0.00000265 BTC on major cryptocurrency exchanges. Over the last week, Hive has traded 17.7% higher against the US dollar.

Here’s how similar 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 2.2% lower 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.BBN (SOLVBTC.BB) traded up 0.1% against the dollar and now trades at $90,892.84 or 1.00723140 BTC.
• SolvBTC (SOLVBTC) traded 0.1% higher against the dollar and now trades at $90,644.27 or 1.00447688 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

About Hive

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 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. 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 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 Changelly. 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