Hedera (HBAR) Hits Self Reported Market Cap of $4.05 Billion

Hedera (HBAR) traded 4.1% lower against the US dollar during the 1-day period ending at 7:00 AM Eastern on May 7th. One Hedera coin can currently be bought for $0.11 or 0.00000177 BTC on exchanges. Hedera has a market cap of $4.05 billion and approximately $166.59 million worth of Hedera was traded on exchanges in the last 24 hours. Over the last seven days, Hedera has traded 17.3% higher against the US dollar.

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

• Avalanche (AVAX) traded 4.4% lower against the dollar and now trades at $37.00 or 0.00057792 BTC.
• NEAR Protocol (NEAR) traded up 3.3% against the dollar and now trades at $7.60 or 0.00011869 BTC.
• Internet Computer (ICP) traded down 4.3% against the dollar and now trades at $12.94 or 0.00020208 BTC.
• Cosmos (ATOM) traded 0.9% lower against the dollar and now trades at $9.26 or 0.00014458 BTC.
• Cronos (CRO) traded down 1.8% against the dollar and now trades at $0.13 or 0.00000205 BTC.
• Fetch.ai (FET) traded 2.9% higher against the dollar and now trades at $2.49 or 0.00003883 BTC.
• Algorand (ALGO) traded down 0.8% against the dollar and now trades at $0.20 or 0.00000306 BTC.
• Akash Network (AKT) traded 4.6% lower against the dollar and now trades at $4.72 or 0.00007395 BTC.
• Kava (KAVA) traded down 2.1% against the dollar and now trades at $0.68 or 0.00001057 BTC.
• Theta Fuel (TFUEL) traded 0.8% lower against the dollar and now trades at $0.11 or 0.00000171 BTC.

Hedera Profile

Hedera (HBAR) uses the hashing algorithm. Its launch date was August 1st, 2017. Hedera’s total supply is 50,000,000,000 coins and its circulating supply is 35,738,891,043 coins. The Reddit community for Hedera is https://reddit.com/r/hedera and the currency’s Github account can be viewed here. 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.

According to CryptoCompare, “Hedera (HBAR) is a cryptocurrency launched in 2017. Hedera has a current supply of 50,000,000,000 with 35,738,891,042.82153 in circulation. The last known price of Hedera is 0.1114309 USD and is down -2.99 over the last 24 hours. It is currently trading on 258 active market(s) with $268,780,692.53 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 Coinbase, GDAX 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

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