Latest News
According to official news, Binance will launch the HIVEUSDT perpetual contract at 19:30 on December 23, 2024 (Eastern Time 8), supporting up to 75 times leverage.
Introduction of HIVE
Hive (HIVE) is an open source blockchain platform that aims to bring Web 3.0 to the world. It is an independent fork of the Steem blockchain and contains two cryptocurrency assets: HIVE and the supported USD stablecoin HBD. Hive provides users with a decentralized social network, community, and economic ecosystem based on Web3, while also featuring an efficient, economical, and scalable protocol for creating decentralized applications such as games and NFT markets.
Project Highlights
Proof-of-Brain (PoB) mechanism: Hive adopts the PoB mechanism to issue new coins, and distributes them to stakeholders through governance and staking rewards, forming a hybrid DPoS/PoB system.
High Security: Blockchain provides a high level of security for all transactions, with encryption protecting all seller and borrower data to prevent fraud or duplicate bookings.
Accurate Auditing: Blockchain technology ensures accurate auditing of all transactions, and there is no way to manipulate transactions, which has won great trust from small investors.
Ethereum Technology: Hive uses the Ethereum blockchain and smart contracts to provide a unique fingerprint for each invoice, supporting financial operations such as invoice factoring.
Token Details
According to BlockBeats, on December 23, HIVE rose by more than 17% in a short period of time, temporarily reporting $0.363, possibly affected by the news that "Binance will launch HIVEUSDT perpetual contract".
As of press time, HIVE is now quoted at $0.4061, up 15% in 24 hours, and the trading volume in the past 24 hours is $766,083,246, up 1,357.2% from a day ago, indicating that recent market activity has increased. HIVE's highest price is $3.41, while its lowest price is $0.08731. HIVE's total market value is $187 million, and it ranks 401st on Coingecko today. In the past 7 days, its price has risen by 26.40%, and it has risen by 20.1% in just one hour.
Summarize
HIVE coin is the main currency of HIVE social media platform, which plays an important role in motivating users to create, participate in community decision-making and conduct transactions. By holding and pledging HIVE tokens, users can obtain corresponding rights and benefits and participate in community autonomy and platform development.
It can be seen that due to its launch, the price instantly soared by 20.1%. Let us look forward to the performance of HIVE!
Disclaimer: All information in this article is for communication only and does not constitute any investment advice. Please abide by the relevant laws and regulations of your region. Refuse to invest at your own risk.
