Hive One Day Trading Volume Hits $5.67 Million (HIVE)

Hive (HIVE) traded down 0.1% against the U.S. dollar during the 1-day period ending at 8:00 AM Eastern on March 6th. One Hive coin can currently be purchased for about $0.27 or 0.00000296 BTC on popular exchanges. Hive has a total market capitalization of $133.23 million and $5.67 million worth of Hive was traded on exchanges in the last 24 hours. During the last week, Hive has traded 7.4% lower against the U.S. dollar.

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

• Taiko (TAIKO) traded up 0.6% against the dollar and now trades at $0.83 or 0.00000924 BTC.
• 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 0.1% lower against the dollar and now trades at $90,063.12 or 1.00050775 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.1% lower against the dollar and now trades at $89,466.68 or 0.99388194 BTC.

Hive Profile

Hive (CRYPTO:HIVE) uses the hashing algorithm. It was first traded on March 20th, 2020. Hive’s total supply is 500,749,243 coins. The Reddit community for Hive is https://reddit.com/r/hivenetwork and the currency’s Github account can be viewed here. The official website for Hive is hive.io. 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.”

Hive Coin Trading

It is usually not presently 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 Coinbase, GDAX or Gemini. 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