Hedera Achieves Self Reported Market Capitalization of $2.02 Billion (HBAR)

Hedera (HBAR) traded 7.4% higher against the US dollar during the 24 hour period ending at 15:00 PM E.T. on August 8th. In the last seven days, Hedera has traded down 7.5% against the US dollar. One Hedera coin can currently be bought for about $0.0563 or 0.00000094 BTC on exchanges. Hedera has a total market cap of $2.02 billion and approximately $60.87 million worth of Hedera was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed in the last day:

• Avalanche (AVAX) traded up 8.6% against the dollar and now trades at $21.75 or 0.00036361 BTC.
• NEAR Protocol (NEAR) traded up 10.6% against the dollar and now trades at $3.92 or 0.00006549 BTC.
• Internet Computer (ICP) traded up 3.5% against the dollar and now trades at $7.42 or 0.00012402 BTC.
• Cronos (CRO) traded 4.9% higher against the dollar and now trades at $0.0820 or 0.00000137 BTC.
• Cosmos (ATOM) traded up 5.7% against the dollar and now trades at $5.06 or 0.00008458 BTC.
• Algorand (ALGO) traded up 6.6% against the dollar and now trades at $0.12 or 0.00000197 BTC.
• Fetch.ai (FET) traded up 3.9% against the dollar and now trades at $0.85 or 0.00001424 BTC.
• Akash Network (AKT) traded up 10.8% against the dollar and now trades at $2.55 or 0.00004291 BTC.
• Theta Fuel (TFUEL) traded up 7.1% against the dollar and now trades at $0.0550 or 0.00000092 BTC.
• Kava (KAVA) traded up 9% against the dollar and now trades at $0.32 or 0.00000535 BTC.

Hedera Coin Profile

Hedera (CRYPTO: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 35,865,137,918 coins. Hedera’s official Twitter account is @hedera and its Facebook page is accessible here. Hedera’s official website is www.hedera.com. The Reddit community for Hedera is https://reddit.com/r/hedera and the currency’s Github account can be viewed here. The official message board for Hedera is hedera.com/blog.

According to CryptoCompare, “Hedera (HBAR) is a cryptocurrency launched in 2017. Hedera has a current supply of 50,000,000,000 with 35,865,137,917.49619 in circulation. The last known price of Hedera is 0.05311866 USD and is down -6.50 over the last 24 hours. It is currently trading on 277 active market(s) with $64,646,989.22 traded over the last 24 hours. More information can be found at https://www.hedera.com/.”

Buying and Selling Hedera

It is usually not presently possible to buy alternative cryptocurrencies such as Hedera directly using US dollars. Investors seeking to acquire Hedera should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Hedera using one of the exchanges listed above.

HBAR/USD price chart by TradingView