What is Hive (HIVE)?
Launched on March 20th, 2020, Hive is a decentralized information sharing network with an accompanying blockchain-based financial ledger built on the Delegated Proof of Stake (DPoS) protocol. Hive supports many different types of information sharing applications. Myriad dapps, APIs and front-ends contribute to a general and straightforward accessibility of data, transactions and records, so that this existing diversity and utility ensure that the ecosystem is welcoming to content creators, consumers, investors and builders.
Hive is developed to store vast amounts of content and to make it available for time-based monetization. Examples of use include social media with monetized rewards for content producers, interactive games, identity management, polling systems, and micro-loans. The performance of the blockchain is designed to scale with widespread adoption of the currency and platforms in mind. By combining the lightning fast processing times and fee-less transactions, Hive is positioned to become one of the leading blockchain technologies used by people around the world.
Hive technology and scalability
Hive’s support for high transaction volumes, combined with its fast 3-second block times and fee-less transactions, make it an ideal platform for building highly interactive applications that would bog down on most blockchain networks. It also has a unique focus on a 2nd layer architecture for distributing application loading across distinct sidechains to enable scaling beyond the limits of traditional smart-contract networks. To mitigate scaling limitations, an application’s proponents can allocate additional CPU resources as needed at the second layer to power their preferred applications, without worrying about congestion from other apps in the network, yet still benefit from a common first-layer blockchain backbone to ensure distributed data integrity. This scaling ability also enables a unique competitive landscape for applications developers.
Hive Price Prediction
If you’re looking for Hive price predictions for 2022, 2023, 2024, 2025, 2030 and want to know where the prices of Hive (HIVE) will go in the future? We will analyze the past prices of Hive (HIVE) and will found out what experts are saying about its future price actions.
Please keep that in mind you need to take this prediction and every other prediction with the intention that this is only the suggestion of some market expert/analysts.
Not to mention predicting something so perfect is completely impossible. But we will try our best. Let’s start.
|Year||Minimum Price||Average Price||Maximum Price|
|2021||$ 1.75||$ 1.92||$ 1.97|
|2022||$ 2.69||$ 2.79||$ 3.27|
|2023||$ 3.76||$ 3.89||$ 4.74|
|2024||$ 5.46||$ 5.66||$ 6.60|
|2025||$ 8.00||$ 8.22||$ 9.49|
|2026||$ 11.53||$ 11.95||$ 13.94|
|2027||$ 16.38||$ 16.86||$ 19.94|
|2028||$ 23.59||$ 24.26||$ 28.67|
|2029||$ 35.68||$ 36.65||$ 40.82|
|2030||$ 49.38||$ 51.21||$ 62.80|
|USD Price||$ 1.69|
|24h Volume||$ 69,838,324|
Hive (HIVE) Price Prediction
At reconshell.com we predict future Hive price predictions/HIVE forecast by applying deep artificial intelligence-assisted technical Analysis on the past price data of Hive. We do our best to collect maximum historical data for the HIVE coin which include multiple parameters like past price, Hive marketcap, Hive volume and few more. If you are looking to invest in digital cryptocurrencies and want good return on your investments, make sure to read our predictions.
Hive Price Prediction 2021
According to our deep technical analysis on past price data of HIVE, In 2021 the price of Hive is predicted to reach at a minimum level of $1.75. The HIVE price can reach a maximum level of $1.97 with the average trading price of $1.92.
Hive Price Prediction 2022
The price of Hive is predicted to reach at a minimum level of $2.69 in 2022. The Hive price can reach a maximum level of $3.27 with the average price of $2.79 throughout 2022.
HIVE Price Forecast for 2023-2024
As per the forecast price and technical analysis, In 2023 the price of Hive is predicted to reach at a minimum level of $3.76. The HIVE price can reach a maximum level of $4.74 with the average trading price of $3.89.
The price of 1 Hive is expected to reach at a minimum level of $5.46 in 2024. The HIVE price can reach a maximum level of $6.60 with the average price of $5.66 throughout 2024.
Hive Price Prediction 2025
Hive price is forecast to reach a lowest possible level of $8.00 in 2025. As per our findings, the HIVE price could reach a maximum possible level of $9.49 with the average forecast price of $8.22.
Hive Price Prediction 2026
According to our deep technical analysis on past price data of HIVE, In 2026 the price of Hive is forecasted to be at around a minimum value of $11.53. The Hive price value can reach a maximum of $13.94 with the average trading value of $11.95 in USD.
Hive (HIVE) Price Prediction 2027
The price of Hive is predicted to reach at a minimum value of $16.38 in 2027. The Hive price could reach a maximum value of $19.94 with the average trading price of $16.86 throughout 2027.
Hive Price Prediction/Forecast 2028
As per the forecast and technical analysis, In 2028 the price of Hive is expected to reach at a minimum price value of $23.59. The HIVE price can reach a maximum price value of $28.67 with the average value of $24.26.
Hive (HIVE) Price Prediction 2029
The price of Hive is predicted to reach at a minimum value of $35.68 in 2029. The Hive price could reach a maximum value of $40.82 with the average trading price of $36.65 throughout 2029.
Hive Price Prediction 2030
Hive price is forecast to reach a lowest possible level of $49.38 in 2030. As per our findings, the HIVE price could reach a maximum possible level of $62.80 with the average forecast price of $51.21.
Hive governance and software development
Hive was founded by a diverse group of community members, developers and investors who believed in the common goal of decentralization. There is no set team and no company behind it. Hive is not based in any specific jurisdiction and has nodes, stakeholders and contributors in many countries all over the globe. Hive relies on decentralized governance, both for software development and for decisions about protocol upgrades, employing the DPOS consensus protocol. Stake-weighted voting is used to elect block producers known as witnesses that must agree to enable changes to the 1st layer protocol shared by all applications, providing a stable base layer, while leaving 2nd layer applications free to innovate rapidly. All protocol changes are proposed, developed, prepared for and implemented through a transparent and collaborative team-working environment. They are entirely open source from initiation to their final release.
If you would like to know where to buy Hive, the top cryptocurrency exchanges for trading in Hive stock are currently Binance, Huobi Global, Gate.io, Upbit, and Pionex. You can find others listed on our crypto exchanges page.