Hive Price USD converter, Charts

The Hive blockchain creates new HIVE tokens each time a block is produced. Since December 2016, Hive has been generating a fixed number of HIVE coins every day at an annual inflation rate, which decreases by about 0.5% per year. It is planned to reduce inflation until its rate reaches 0.95%.

Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of HIVE. The market capitalization of Hive Token can change significantly in a short period of time. Hive leverages the coined Proof-of-Brain concept by distributing a portion of the inflation to content creators and consumers. The Hive ecosystem comprises many well-known DApp projects, including NFTMart, LeoFinance, and Splinterlands trading card game. Hive is supported by a number of companies and has established multiple partnerships so far. Over 126 projects have already been built on the Hive blockchain.

Hive Backed Dollar

This nearly eliminates any and all kinds of operator tampering or revisions. Confirm your purchase and hive token price will be instantly delivered to your Cointree account. The HIVE token co-exists with the HBDs – Hive-Backed Dollars, which are primarily used as the base currency token and to unlock a range of functions within the platform. HGT – governance token, with limited amount and no-mint after TGE. HGT spent in a number of most challenging in-game activities and mechanics, as well as fueling DAO ecosystem. You can earn this token in small amounts inside the game for competing with other players in territory wars and MMR ladder.

When a billionaire entrepreneur tweets support for a particular coin or token, the price often goes up. More and more celebrities are promoting cryptos and NFTs to millions of followers on social media. The effects of these endorsements on crypto prices cannot be overstated. There are countless ways to analyze crypto performance and make a buying decision. Two of the most commonly used are technical analysis and fundamental analysis.

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The Token death cross happens when Hive Token’s 50-day SMA falls below the 200-day SMA. Traders usually interpret a death cross as a bearish signal for future price action, but the actual usefulness of this metric is controversial. The Hive Token golden cross, on the other hand, is generally interpreted as bullish and happens when the 50-day SMA rises above the 200-day SMA. The 200-day SMA is calculated by taking Hive Token’s closing prices in the last 200 days, adding them together, and dividing the total by 200.

• When a billionaire entrepreneur tweets support for a particular coin or token, the price often goes up.
• Users can upvote this content and award the creators with Hive tokens .
• Just like with any other asset, the price action of Hive Token is driven by supply and demand.
• The Hive team consists of 35+ professional developers, devoted block producers, and blockchain enthusiasts.
• The information provided is for general information purposes only.

Moving averages are a popular indicator in all financial markets. The purpose of a moving average is to smooth price action over a certain amount of time. Moving averages are a lagging indicator which means they are based on previous price action.

As the name suggests, a moving average provides the average closing price for HIVE over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for HIVE is a sum of HIVE’s closing prices over the last 12 days which is then divided by 12. Please note that technical indicators don’t provide a full representation of what’s happening in the cryptocurrency market. Before making the decision to buy or sell any cryptocurrency, you should carefully consider both technical and fundamental factors, as well as your financial situation. The cryptocurrency market is also highly volatile, which means it may not be suitable for investors with a low risk tolerance. The RSI is a very popular technical indicator used to analyze prices of a variety of WAVES https://www.beaxy.com/ assets, including Hive Token.

The Hive blockchain charges no fees for running the network. To support this no-fee model, it uses a stake-based Resource Credit mechanism. In short, every transaction executed on the blockchain consumes a small amount of Resource Credits, which users get every week based on their Hive Power. The Hive ecosystem includes the Decentralised Hive Fund , Hive.blog, 120+ projects, HiveWallet, and three types of tokens.

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The price of Hive will increase as more investors get involved in the project. In year 2024, Hive will be worth about an average price of $0.86. The 90 days price change is around 13.88% and the price circulated from a minimum average price of $0.35 to maximum average price of $0.37 in the past 90 days.

The community is bullish as more than 77% of users are feeling good about Hive today. Increase from one day ago and signalling a recent rise in market activity. Needs to review the security of your connection before proceeding.

What is the exchange rate of Hive(hvn)?

Quickly compare the past seven days’ price movements of XRP Hive with other cryptocurrencies. Hive rewards original creators through equitable redistribution of the value generated to the creators who developed the content. For example, a Hive user can publish an original article immutably preserved on the Hive blockchain. Users can upvote this content and award the creators with Hive tokens .

The most recent Death Cross in the Bitcoin market happened 371 days ago, on Feb 26, 2022. Meanwhile, a Golden Cross last occurred on Sep 03, 2021, which was 548 days ago. The HIVE to USD price chart indicates the historical change of HIVE in USD over the past 30 days. The market capitalization of Hive is equal to the value of Hive multiplied by the number of HIVE in circulation. Most investors find it best to apply both technical and fundamental analysis techniques when evaluating a purchase or sale. The current circulating supply for Hive is 167,697,606 HIVE.

Project Hive is a Play-to-Earn PvP oriented turn-based game with a Clan’s system, high quality NFT items and challenging PvE content. HowTo Guides How to buy / sell / send Crypto guides.Crypto Questions Answering most of your crypto questions. Another coin that I was after is the HIVE coin, it’s now toasted with RSI at very low and near the end of the consolidations withing that ascending triangle. I expect a huge breakouts to about $1.00 Trade at your own risk.

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Binance is not responsible for the reliability and accuracy of such third-party sites and their contents. Market cap is calculated by multiplying the asset’s circulating supply with its current price. The percent change in trading volume for this asset compared to 7 days ago. The total dollar value of all Hive transactions over the past 24 hours. The current price of Hive multiplied by its current circulating supply.