As of July 2019, the total supply of Hive is 400,000,000 (4% of which is in circulation). Each unit of Hive is worth $0.21. That makes the total value of all Hive $84 million.
The circulating supply is currently 14.8% of the total supply.
Hive has been in development since early 2018 and launched on March 20, 2019. The project was created by three former Steemit Inc employees; @larive, @jesta, and @inertia.
Hive is a social media platform that is similar to Steemit but with some key differences. One major difference is that Hive is not controlled by any one company or individual.
Another difference is that Hive uses a different consensus algorithm (DPOS) than Steemit (PoW).
The native currency of the Hive platform is called Hive (HVN). Currently, there are 400 million Hive tokens in existence with a circulating supply of 14.
8%. The total supply will eventually be capped at 500 million tokens.
The price of Hive has seen a lot of volatility since its launch but has generally trended upwards. In June 2019, the price reached an all-time high of $0.40 but has since pulled back to around $0.
20-$0.30 range where it has been trading recently.
So far, the Hive platform has been well received by the crypto community and has attracted a lot of users from the Steemit platform. The team behind Hive is continuing to work on improving the platform and adding new features to make it even more user-friendly and attractive for both content creators and curators.
With its strong community support and solid development team, Hive looks poised for success in the months and years ahead.