Hive (HIVE) Price Hits $0.0718 on Major Exchanges

Hive (HIVE) traded 0.6% lower against the U.S. dollar during the 24 hour period ending at 9:00 AM Eastern on February 17th. Hive has a market cap of $34.45 million and $1.84 million worth of Hive was traded on exchanges in the last day. In the last week, Hive has traded up 2.6% against the U.S. dollar. One Hive coin can currently be bought for approximately $0.0718 or 0.00000105 BTC on major cryptocurrency exchanges.

Here is how other cryptocurrencies have performed in 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.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.9% lower against the dollar and now trades at $68,566.11 or 0.99677354 BTC.
• SolvBTC (SOLVBTC) traded down 1% against the dollar and now trades at $67,880.62 or 0.99627042 BTC.

About Hive

Hive (HIVE) uses the hashing algorithm. It was first traded on March 19th, 2020. Hive’s total supply is 519,020,465 coins and its circulating supply is 479,777,447 coins. Hive’s official Twitter account is @hiveblocks and its Facebook page is accessible here. The official message board for Hive 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. The official website for Hive 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.”

Buying and Selling Hive

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

HIVE/USD price chart by TradingView