$97,917.00
5.24%$3,435.28
9.58%$2.30
14.15%$676.54
8.09%$192.72
7.66%$0.336058
22.18%$1.00
0.36%$0.954443
21.62%$3,433.55
9.87%$0.25089
9.76%$40.43
16.72%$23.80
16.10%$4,099.66
9.81%$5.49
12.83%$4.72
31.10%$0.000023
20.12%$97,665.00
5.06%$0.37318
15.30%$7.42
18.84%$33.09
41.19%$0.267452
10.09%$3,431.04
9.36%$467.45
17.22%$9.26
1.89%$13.85
21.01%$0.0000188
24.30%$103.38
16.15%$3,623.43
9.50%$5.37
15.13%$4.30
15.80%$0.999211
0.49%$10.56
3.45%$10.84
17.90%$0.999377
0.11%$321.55
15.86%$0.167589
13.87%$0.503092
18.25%$27.37
12.94%$1.22
20.38%$0.04851547
21.88%$7.60
20.69%$3.89
11.97%$484.76
19.59%$1.35
16.71%$190.90
12.42%$24.49
0.39%$1.17
35.27%$0.800743
15.89%$5.23
16.41%$0.124812
10.51%$1.057
21.38%$0.355447
21.65%$45.98
9.04%$7.00
16.79%$2.70
29.70%$1.79
11.84%$1.81
20.75%$1.89
14.36%$0.00003333
30.81%$1.46
15.44%$5.37
19.51%$1.018
46.51%$2.29
27.93%$22.17
16.57%$2.14
19.40%$0.22232
17.20%$3,446.40
9.61%$97,887.00
4.92%$0.454182
18.71%$0.02998155
27.97%$2.37
18.29%$5.33
15.13%$3,567.03
9.98%$3,860.94
10.10%$0.00017867
18.92%$0.998218
0.30%$0.03528765
20.43%$117.22
21.55%$13.22
11.19%$0.03841899
25.68%$3,608.03
9.77%$1.77
24.54%$0.02806992
10.75%$18.94
11.34%$0.02871964
28.88%$97,878.00
5.37%$1,670.94
8.69%$0.599885
22.81%$3.33
-0.04%$0.388848
16.88%$0.999707
0.38%$1.35
21.91%$1.38
11.93%$0.234262
22.40%$97,968.00
5.22%$11.33
9.73%$0.137462
22.04%$4.60
19.06%$0.852192
17.68%$3,531.63
9.54%$196.96
8.46%$7.06
13.45%$36.87
13.32%$0.881711
14.68%$1.65
23.10%$0.078288
17.97%$0.754351
17.07%$0.500199
14.35%$17.21
15.30%$0.313383
19.48%$1.56
17.70%$56.09
13.71%$0.964752
23.67%$0.866454
23.54%$0.00000111
12.35%$239.89
7.25%$1.14
14.36%$14.75
13.76%$6.55
20.73%$36.67
20.17%$0.501436
18.62%$0.501996
16.31%$3,445.82
11.70%$97,189.00
4.02%$1.22
19.50%$5.33
25.54%$97,262.00
5.23%$0.866986
-14.97%$54.12
24.91%$4.03
12.82%$0.00000217
7.12%$3.10
10.36%$0.090592
18.95%$3.33
16.23%$0.285427
17.49%$0.167804
16.89%$0.80666
20.97%$3,430.95
9.24%$0.699904
26.85%$0.641729
16.45%$205.86
7.71%$85.09
19.74%$0.998461
0.79%$2.51
19.15%$1.98
15.63%$0.786635
44.53%$1.62
27.26%$2.14
13.05%$3,429.94
9.34%$0.00003628
14.35%$22.18
18.81%$1.56
18.83%$0.0082712
14.71%$0.00695552
23.19%$268.25
15.19%$0.334552
22.69%$0.187664
20.93%$0.684073
13.26%$0.776486
19.27%$0.00666651
16.40%$97,069.00
6.71%$0.669768
20.89%$5.90
18.58%$2,627.97
1.06%$0.995725
0.88%$0.00
31.61%$3,610.80
10.28%$0.01169469
23.84%$20.31
30.20%$0.00011377
21.66%$3,719.69
9.32%$2.52
21.05%$0.00876315
21.23%$1.36
25.17%$1.25
6.59%$0.00651831
19.33%$27.65
17.39%$0.086197
16.84%$0.277332
15.12%$3,439.34
9.46%$1.11
19.58%$11.06
17.32%$0.404519
17.23%$1.34
26.40%$0.544969
37.27%$0.077368
3.19%$97,999.00
5.01%$1.02
0.61%$14.46
29.71%$0.999386
0.14%$0.00000053
8.25%$0.054316
41.99%$2,625.92
1.34%$1.55
14.14%$32.59
26.75%$0.01134246
20.39%$96,830.00
5.07%$3,373.74
7.78%$3,438.45
9.52%$4.96
14.69%$0.999771
0.47%$0.00662264
37.64%$0.453494
18.60%$8.54
-1.77%$0.062845
15.50%$0.068596
16.54%$38.47
17.91%$0.294082
71.60%$0.00658072
16.94%$0.00255897
21.03%$2.15
18.52%$0.00579533
21.98%$97,513.00
5.15%$3,605.71
9.57%$3,685.14
9.26%$0.00106364
22.40%$1.057
-1.69%$0.02221736
21.12%$3.28
12.71%$27.03
58.11%$0.073756
10.87%$0.234653
22.11%$0.483536
16.25%$0.00000333
21.26%$5.28
5.85%$0.998164
1.55%$0.217074
18.03%$1.075
-0.36%$2.57
22.49%$89.91
5.12%$1.001
0.26%$0.695878
19.83%$3,814.44
9.50%$0.03882983
11.55%$0.00000018
15.01%$3.04
10.92%$3.51
19.88%$0.144772
11.86%$0.904882
9.94%$47.70
16.75%$0.03725048
18.98%$0.368759
15.99%$0.371144
14.95%$0.758947
29.04%$0.01099449
18.93%$1.005
0.78%$3,439.29
9.76%$0.03821911
17.44%
The price of Hive (HIVE) has shot up 800% in just four days after several major exchange listings. The cryptocurrency was created as a fork of the Steem blockchain by its community, after Tron CEO Justin Sun took over the network.
The cryptocurrency is now trading at $0.661 and has attained a market capitalization of $186 million, making it the 38th largest cryptocurrency by market cap. To put this into perspective, Hive was valued at just $0.12 on April 22 and had a market capitalization of $37 million at the time.
Hive is now worth more than three times as much as the original STEEM cryptocurrency, which also experienced a pump of 39% in the last 24 hours to reach $0.228.
#Binance Will List @hiveblocks $HIVEhttps://t.co/YGD3stV5wN pic.twitter.com/WFTu9KqXq6
— Binance (@binance) April 27, 2020
The recent bullish momentum appears to be the result of several back-to-back listings on prominent cryptocurrency exchanges, including Binance and Huobi Global. Hive is now available to trade on half a dozen popular exchanges, which also includes Bittrex and Probit.
Huobi Global first announced it would support the Steem blockchain fork back in March, but only opened up withdrawals for the cryptocurrency earlier today. Similarly, Binance distributed HIVE tokens at a 1:1 ratio to all STEEM holders on the platform last month, and opened trading for the cryptocurrency earlier today.
Shortly after being listed on Binance, Hive briefly shot up to as high as $0.92, after initially opening at $0.418, according to TradingView. The cryptocurrency quickly lost momentum and fell back to a low of $0.62 before recovering somewhat. The price is now fluctuating wildly, but appears to be trading in a range of $0.63 to $0.70 on Binance, or around $0.83 on Huobi Global.
Although the two platforms are trading at different rates, Binance has yet to open deposits and withdrawals for Hive which means traders can't send money between the platforms to take advantage of the difference in prices. But it seems the community won't care—it's a big win not only for their control of the blockchain they love, but for decentralization too.
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
