Hive (HIVE) Reaches One Day Trading Volume of $1.10 Million

Hive (HIVE) traded down 1.2% against the dollar during the twenty-four hour period ending at 15:00 PM ET on October 28th. One Hive coin can now be purchased for approximately $0.18 or 0.00000267 BTC on exchanges. In the last week, Hive has traded down 7.2% against the dollar. Hive has a market cap of $92.24 million and $1.10 million worth of Hive was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed in 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 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 up 1.2% 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 up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 2.1% against the dollar and now trades at $68,909.34 or 0.99741483 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 2% higher against the dollar and now trades at $68,803.28 or 0.99587971 BTC.

Hive Coin Profile

Hive (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. Hive’s official website 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 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 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 Changelly, Coinbase 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