Hive (HIVE) price has increased today.
The price of Hive (HIVE) is $0.401123 today with a 24-hour trading volume of $3,383,165. This represents a 0.90% price increase in the last 24 hours and a -7.70% price decline in the past 7 days. With a circulating supply of 370 Million HIVE, Hive is valued at a market cap of $149,078,131.
What is the Hive token?
Hive is DPOS based blockchain. The stake comes in the form of Hive tokens. These are staked to your hive account for resource credits needed to transact on the chain and governance purposes with the ability to earn more Hive through creating and consuming content. It is a decentralized blockchain with twenty elected witnesses that are responsibly for securing the chain.
Hive has multiple advantages over other blockchains for building applications due to it's fast, free transactions. Decentralized nature and immutable accounts with real usernames.
What is HBD?
Hive Backed Dollars (HBD) are the Hive Blockchain’s stablecoin. Hive-backed dollars (HBD) are a unique type of trustless stablecoin that is backed by the underlying value of the Hive blockchain itself and pegged to the USD. This backing takes the form of an onchain conversion operation that lets HBD be converted to an equivalent USD value of Hive itself.
What is the hive eco-system?
The hive eco-system is made up of numerous second layer projects that utilize hive's fast free transactions to build their own web apps on top of the blockchain. A more complete list can be found at https://hive.io/eco with applications spanning across defi, gaming, fitness, blogging, video.
Due to the decentralized nature of the chain as well as it's technical capabilities there are very low barriers to entry for anybody who wants to build a second layer project onto Hive. The chain itself is capable of scaling multiple times it's current capacity and with the constant development since it's inception will have even more to offer going forward.
Where can I learn more about Hive?
The main website for the Hive blockchain and it's eco-system can be found at hive.io. There are multiple other resources about the blockchain spread across the different hive based platforms such as https://leopedia.io/category/hive/ and https://peakd.com/b/badge-321321.
Where can you buy Hive?
HIVE tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Hive is Upbit, where the most active trading pair HIVE/KRW has a trading volume of $1,975,448.17 in the last 24 hours. Other popular options include BKEX and Binance.
What is the daily trading volume of Hive (HIVE)?
The trading volume of Hive (HIVE) is $3,384,368.17 in the last 24 hours, representing a 152.40% increase from one day ago and signalling a recent rise in market activity.
What is the all-time high for Hive (HIVE)?
The highest price paid for Hive (HIVE) is $3.41, which was recorded on Nov 26, 2021 (over 1 year). Comparatively, the current price is -88.20% lower than the all-time high price.
What is the all-time low for Hive (HIVE)?
The lowest price paid for Hive (HIVE) is $0.087309056679, which was recorded on Apr 06, 2020 (almost 3 years). Comparatively, the current price is 359.10% higher than the all-time low price.
What is the market cap of Hive (HIVE)?
Market capitalization of Hive (HIVE) is $149,078,131 and is ranked #225 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of HIVE tokens (370 Million tokens are tradable on the market today).
How does the price performance of Hive compare against its peers?
With a price decline of -7.70% in the last 7 days, Hive (HIVE) is underperforming the global cryptocurrency market which is up 0.40%.
What is the market sentiment of Hive today?
The community is bullish as more than 75% of users are feeling good about Hive (HIVE) today.
