Hive (HIVE) Trading Down 12.6% This Week

Hive (HIVE) traded down 3.3% against the US dollar during the 1 day period ending at 14:00 PM Eastern on June 16th. During the last seven days, Hive has traded down 12.6% against the US dollar. One Hive coin can currently be bought for approximately $0.25 or 0.00000380 BTC on exchanges. Hive has a market capitalization of $126.64 million and approximately $2.33 million worth of Hive was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded 1.4% lower against the dollar and now trades at $0.22 or 0.00000332 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 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 0.5% higher against the dollar and now trades at $0.0104 or 0.00000016 BTC.

Hive Coin Profile

HIVE uses the hashing algorithm. Its genesis date was March 20th, 2020. Hive’s total supply is 500,749,243 coins. 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. Hive’s official website is hive.io. 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.”

Hive Coin Trading

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

HIVE/USD price chart by TradingView