Hive (HIVE) Market Capitalization Tops $196.26 Million

Hive (HIVE) traded down 2.3% against the US dollar during the 1-day period ending at 7:00 AM E.T. on March 19th. Hive has a market capitalization of $196.26 million and approximately $4.10 million worth of Hive was traded on exchanges in the last day. One Hive coin can now be bought for about $0.42 or 0.00001536 BTC on cryptocurrency exchanges. Over the last week, Hive has traded 22.3% higher against the US dollar.

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

• KILT Protocol (KILT) traded 8.1% lower against the dollar and now trades at $0.40 or 0.00001483 BTC.
• Aidi Finance (BSC) (AIDI) traded up 0.4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2% against the dollar and now trades at $0.0675 or 0.00000249 BTC.
• CareCoin (CARES) traded down 2% against the dollar and now trades at $0.0838 or 0.00000309 BTC.
• OmniaVerse (OMNIA) traded up 49.2% against the dollar and now trades at $0.0013 or 0.00000005 BTC.
• Kitty Inu (KITTY) traded 2% lower against the dollar and now trades at $100.18 or 0.00369574 BTC.
• FEG Token (FEG) traded down 2% against the dollar and now trades at $0.0008 or 0.00000003 BTC.
• Hokkaidu Inu (HOKK) traded down 3.7% against the dollar and now trades at $0.0007 or 0.00000002 BTC.
• QANplatform (QANX) traded 2% lower against the dollar and now trades at $7,281.76 or 0.26861927 BTC.
• Lego Coin (LEGO) traded down 8.5% against the dollar and now trades at $0.0163 or 0.00000060 BTC.

Hive Coin Profile

HIVE uses the hashing algorithm. It was first traded on March 20th, 2020. Hive’s total supply is 470,826,540 coins. 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. Hive’s official Twitter account is @hiveblocks and its Facebook page is accessible here. Hive’s official website is hive.io.

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 possible to buy alternative cryptocurrencies such as Hive directly using US dollars. Investors seeking to acquire Hive should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Hive using one of the aforementioned exchanges.

HIVE/USD price chart by TradingView