Hive One Day Trading Volume Tops $1.06 Million (HIVE)

Hive (HIVE) traded 2.6% higher against the dollar during the 24-hour period ending at 14:00 PM ET on November 5th. Over the last seven days, Hive has traded 11.4% lower against the dollar. Hive has a total market cap of $86.37 million and approximately $1.06 million worth of Hive was traded on exchanges in the last 24 hours. One Hive coin can now be purchased for $0.17 or 0.00000246 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 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.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 2.9% against the dollar and now trades at $69,867.80 or 0.99751067 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 2% against the dollar and now trades at $69,673.06 or 0.99473029 BTC.

About Hive

Hive uses the hashing algorithm. It launched on March 20th, 2020. Hive’s total supply is 500,749,243 coins. The official message board for Hive is peakd.com/@hiveio. The official website for Hive is hive.io. Hive’s official Twitter account is @hiveblocks and its Facebook page is accessible here. The Reddit community for Hive is https://reddit.com/r/hivenetwork and the currency’s Github account can be viewed here.

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 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 Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Hive using one of the aforementioned exchanges.

HIVE/USD price chart by TradingView