Hive Trading Down 13.5% Over Last Week (HIVE)

Hive (HIVE) traded 4.7% lower against the US dollar during the one day period ending at 9:00 AM ET on February 9th. During the last week, Hive has traded 13.5% lower against the US dollar. One Hive coin can now be bought for $0.0700 or 0.00000102 BTC on exchanges. Hive has a total market cap of $33.57 million and $2.30 million worth of Hive was traded on exchanges in the last 24 hours.

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

• 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 down 2.2% 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.
• 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 up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 1.4% lower against the dollar and now trades at $69,855.72 or 1.01696368 BTC.

Hive Coin Profile

HIVE uses the hashing algorithm. Its genesis date was March 19th, 2020. Hive’s total supply is 515,746,716 coins and its circulating supply is 479,777,447 coins. Hive’s official message board is peakd.com/@hiveio. The official website for Hive 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.”

Hive Coin Trading

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

HIVE/USD price chart by TradingView