Hedera Reaches Self Reported Market Capitalization of $1.79 Billion (HBAR)

Hedera (HBAR) traded 14.5% lower against the dollar during the 1 day period ending at 0:00 AM E.T. on August 4th. Hedera has a total market capitalization of $1.79 billion and $109.85 million worth of Hedera was traded on exchanges in the last 24 hours. During the last seven days, Hedera has traded 27.2% lower against the dollar. One Hedera coin can now be bought for approximately $0.0499 or 0.00000092 BTC on major cryptocurrency exchanges.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Avalanche (AVAX) traded down 16.2% against the dollar and now trades at $19.11 or 0.00035122 BTC.
• NEAR Protocol (NEAR) traded down 17.6% against the dollar and now trades at $3.63 or 0.00006663 BTC.
• Internet Computer (ICP) traded down 11.3% against the dollar and now trades at $7.00 or 0.00012867 BTC.
• Cronos (CRO) traded down 11% against the dollar and now trades at $0.0728 or 0.00000134 BTC.
• Cosmos (ATOM) traded 13.5% lower against the dollar and now trades at $4.49 or 0.00008248 BTC.
• Fetch.ai (FET) traded down 16.6% against the dollar and now trades at $0.85 or 0.00001555 BTC.
• Algorand (ALGO) traded 14.9% lower against the dollar and now trades at $0.10 or 0.00000191 BTC.
• Akash Network (AKT) traded 8.9% lower against the dollar and now trades at $2.21 or 0.00003790 BTC.
• Theta Fuel (TFUEL) traded 20% lower against the dollar and now trades at $0.0465 or 0.00000085 BTC.
• Kava (KAVA) traded 18.8% lower against the dollar and now trades at $0.27 or 0.00000504 BTC.

About Hedera

Hedera uses the hashing algorithm. It launched on August 1st, 2017. Hedera’s total supply is 50,000,000,000 coins and its circulating supply is 35,864,824,458 coins. Hedera’s official website is www.hedera.com. Hedera’s official message board is hedera.com/blog. The Reddit community for Hedera is https://reddit.com/r/hedera and the currency’s Github account can be viewed here. Hedera’s official Twitter account is @hedera and its Facebook page is accessible here.

According to CryptoCompare, “Hedera (HBAR) is a cryptocurrency launched in 2017. Hedera has a current supply of 50,000,000,000 with 35,864,824,457.85256 in circulation. The last known price of Hedera is 0.05821124 USD and is down -2.23 over the last 24 hours. It is currently trading on 277 active market(s) with $45,444,505.50 traded over the last 24 hours. More information can be found at https://www.hedera.com/.”

Hedera Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as Hedera directly using U.S. dollars. Investors seeking to trade Hedera should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Hedera using one of the aforementioned exchanges.

HBAR/USD price chart by TradingView