Hedera 24-Hour Trading Volume Tops $244.99 Million (HBAR)

Hedera (HBAR) traded up 1.8% against the U.S. dollar during the 24 hour period ending at 13:00 PM Eastern on May 2nd. One Hedera coin can now be bought for approximately $0.0991 or 0.00000168 BTC on major cryptocurrency exchanges. Hedera has a market cap of $3.54 billion and $244.99 million worth of Hedera was traded on exchanges in the last 24 hours. Over the last week, Hedera has traded 18% lower against the U.S. dollar.

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

• Avalanche (AVAX) traded 6% higher against the dollar and now trades at $33.76 or 0.00057075 BTC.
• NEAR Protocol (NEAR) traded 4.1% higher against the dollar and now trades at $6.15 or 0.00010396 BTC.
• Internet Computer (ICP) traded 6.7% higher against the dollar and now trades at $13.41 or 0.00022678 BTC.
• Cronos (CRO) traded up 4.8% against the dollar and now trades at $0.13 or 0.00000215 BTC.
• Cosmos (ATOM) traded up 6.4% against the dollar and now trades at $8.65 or 0.00014619 BTC.
• Fetch.ai (FET) traded 5.1% higher against the dollar and now trades at $2.01 or 0.00003399 BTC.
• Algorand (ALGO) traded up 5.2% against the dollar and now trades at $0.18 or 0.00000308 BTC.
• Akash Network (AKT) traded 7.6% higher against the dollar and now trades at $4.20 or 0.00007102 BTC.
• Kava (KAVA) traded 5.9% higher against the dollar and now trades at $0.66 or 0.00001108 BTC.
• Theta Fuel (TFUEL) traded 5.7% higher against the dollar and now trades at $0.10 or 0.00000173 BTC.

Hedera Coin Profile

Hedera (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 35,738,891,043 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 35,738,891,043.59796 in circulation. The last known price of Hedera is 0.09600568 USD and is down -0.29 over the last 24 hours. It is currently trading on 258 active market(s) with $309,646,151.91 traded over the last 24 hours. More information can be found at https://www.hedera.com/.”

Buying and Selling Hedera

It is usually not possible to purchase alternative cryptocurrencies such as Hedera directly using US dollars. Investors seeking to trade Hedera should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. 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