Hedera Self Reported Market Cap Hits $1.85 Billion (HBAR)

Hedera (HBAR) traded 0.7% higher against the U.S. dollar during the 24-hour period ending at 22:00 PM E.T. on October 29th. Hedera has a market capitalization of $1.85 billion and $50.60 million worth of Hedera was traded on exchanges in the last day. Over the last week, Hedera has traded down 6.4% against the U.S. dollar. One Hedera coin can currently be purchased for about $0.0491 or 0.00000068 BTC on exchanges.

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

• Avalanche (AVAX) traded 1% higher against the dollar and now trades at $26.55 or 0.00036713 BTC.
• NEAR Protocol (NEAR) traded up 0.6% against the dollar and now trades at $4.38 or 0.00006050 BTC.
• Internet Computer (ICP) traded up 2.6% against the dollar and now trades at $8.10 or 0.00011203 BTC.
• Cronos (CRO) traded up 2.4% against the dollar and now trades at $0.0763 or 0.00000106 BTC.
• Cosmos (ATOM) traded 0.5% higher against the dollar and now trades at $4.49 or 0.00006214 BTC.
• Fetch.ai (FET) traded up 1.9% against the dollar and now trades at $1.32 or 0.00001822 BTC.
• Algorand (ALGO) traded up 3.4% against the dollar and now trades at $0.12 or 0.00000170 BTC.
• Akash Network (AKT) traded up 4.7% against the dollar and now trades at $2.38 or 0.00003265 BTC.
• Theta Fuel (TFUEL) traded up 1.5% against the dollar and now trades at $0.0558 or 0.00000077 BTC.
• Kava (KAVA) traded 4.5% higher against the dollar and now trades at $0.35 or 0.00000477 BTC.

Hedera Coin Profile

HBAR 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 37,679,928,374 coins. Hedera’s official Twitter account is @hedera and its Facebook page is accessible here. The official message board for Hedera is hedera.com/blog. The official website for Hedera 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.

According to CryptoCompare, “Hedera (HBAR) is a cryptocurrency launched in 2017. Hedera has a current supply of 50,000,000,000 with 37,679,928,373.54356 in circulation. The last known price of Hedera is 0.04887129 USD and is up 2.16 over the last 24 hours. It is currently trading on 283 active market(s) with $45,587,904.76 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 purchase alternative cryptocurrencies such as Hedera directly using U.S. dollars. Investors seeking to trade Hedera should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Hedera using one of the aforementioned exchanges.

HBAR/USD price chart by TradingView