Hedera Hits 1-Day Trading Volume of $391.66 Million (HBAR)

Hedera (HBAR) traded down 3% against the dollar during the one day period ending at 7:00 AM E.T. on January 29th. One Hedera coin can currently be bought for $0.31 or 0.00000302 BTC on cryptocurrency exchanges. Over the last week, Hedera has traded down 6.2% against the dollar. Hedera has a total market cap of $11.86 billion and $391.66 million worth of Hedera was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Avalanche (AVAX) traded down 2.6% against the dollar and now trades at $33.15 or 0.00032285 BTC.
• NEAR Protocol (NEAR) traded 1.3% lower against the dollar and now trades at $4.50 or 0.00004384 BTC.
• Internet Computer (ICP) traded 2.8% lower against the dollar and now trades at $8.68 or 0.00008457 BTC.
• Cronos (CRO) traded down 2.7% against the dollar and now trades at $0.13 or 0.00000126 BTC.
• Algorand (ALGO) traded 4% lower against the dollar and now trades at $0.37 or 0.00000359 BTC.
• Fetch.ai (FET) traded down 7.4% against the dollar and now trades at $0.99 or 0.00000966 BTC.
• Cosmos (ATOM) traded down 0.4% against the dollar and now trades at $5.87 or 0.00005718 BTC.
• Akash Network (AKT) traded up 3.6% against the dollar and now trades at $2.54 or 0.00002474 BTC.
• Kava (KAVA) traded 3.5% lower against the dollar and now trades at $0.42 or 0.00000408 BTC.
• Theta Fuel (TFUEL) traded 3.5% lower against the dollar and now trades at $0.0586 or 0.00000057 BTC.

Hedera Profile

HBAR uses the hashing algorithm. Its genesis date was August 1st, 2017. Hedera’s total supply is 50,000,000,000 coins and its circulating supply is 38,267,523,177 coins. The official website for Hedera is www.hedera.com. Hedera’s official message board is hedera.com/blog. Hedera’s official Twitter account is @hedera and its Facebook page is accessible here. The Reddit community for Hedera is https://reddit.com/r/hedera and the currency’s Github account can be viewed here.

According to CryptoCompare, “Hedera (HBAR) is a cryptocurrency launched in 2017. Hedera has a current supply of 50,000,000,000 with 38,267,523,175.51635418 in circulation. The last known price of Hedera is 0.30670235 USD and is down -3.83 over the last 24 hours. It is currently trading on 310 active market(s) with $425,071,653.44 traded over the last 24 hours. More information can be found at https://www.hedera.com/.”

Buying and Selling Hedera

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

HBAR/USD price chart by TradingView