Hive Price Down 6.8% Over Last Week (HIVE)

Hive (HIVE) traded up 5% against the US dollar during the twenty-four hour period ending at 9:00 AM Eastern on February 21st. Hive has a total market cap of $33.31 million and approximately $2.37 million worth of Hive was traded on exchanges in the last 24 hours. Over the last seven days, Hive has traded 6.8% lower against the US dollar. One Hive coin can now be bought for about $0.0694 or 0.00000102 BTC on popular cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• 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 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 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 (SOLVBTC) traded 0.9% higher against the dollar and now trades at $68,022.77 or 0.99742086 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 2.4% lower against the dollar and now trades at $66,950.37 or 0.99784422 BTC.

Hive Coin Profile

HIVE uses the hashing algorithm. Its genesis date was March 19th, 2020. Hive’s total supply is 521,087,562 coins and its circulating supply is 479,777,447 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. The official message board for Hive is peakd.com/@hiveio. 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. Telegram, Discord, Facebook, Instagram, YouTube, GitlabWhitepaper”

Buying and Selling Hive

It is usually not presently 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 GDAX, Gemini or Coinbase. 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