Hedera Self Reported Market Cap Hits $3.70 Billion (HBAR)

Hedera (HBAR) traded down 7% against the U.S. dollar during the 24-hour period ending at 11:00 AM Eastern on February 5th. In the last week, Hedera has traded down 16.7% against the U.S. dollar. One Hedera coin can currently be purchased for about $0.0861 or 0.00000122 BTC on major exchanges. Hedera has a total market capitalization of $3.70 billion and approximately $233.79 million worth of Hedera was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed in the last day:

• Cronos (CRO) traded down 7.9% against the dollar and now trades at $0.0768 or 0.00000109 BTC.
• Avalanche (AVAX) traded down 7% against the dollar and now trades at $9.31 or 0.00013216 BTC.
• Internet Computer (ICP) traded down 7.7% against the dollar and now trades at $2.50 or 0.00003555 BTC.
• NEAR Protocol (NEAR) traded 6.4% lower against the dollar and now trades at $1.11 or 0.00001573 BTC.
• Cosmos (ATOM) traded down 4.2% against the dollar and now trades at $1.97 or 0.00002797 BTC.
• Algorand (ALGO) traded 8% lower against the dollar and now trades at $0.0980 or 0.00000139 BTC.
• Fetch.ai (FET) traded down 8.3% against the dollar and now trades at $0.17 or 0.00000239 BTC.
• PayProtocol Paycoin (PCI) traded 6.2% lower against the dollar and now trades at $0.0604 or 0.00000086 BTC.
• Theta Fuel (TFUEL) traded 7.2% lower against the dollar and now trades at $0.0146 or 0.00000021 BTC.
• Akash Network (AKT) traded down 14.7% against the dollar and now trades at $0.31 or 0.00000443 BTC.

Hedera Coin Profile

Hedera 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 43,003,138,665 coins. The Reddit community for Hedera is https://reddit.com/r/hedera and the currency’s Github account can be viewed here. 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.

According to CryptoCompare, “Hedera (HBAR) is a cryptocurrency launched in 2017. Hedera has a current supply of 50,000,000,000 with 43,003,138,665.12944052 in circulation. The last known price of Hedera is 0.08748434 USD and is down -4.31 over the last 24 hours. It is currently trading on 415 active market(s) with $228,054,423.03 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 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 Gemini, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Hedera using one of the exchanges listed above.

HBAR/USD price chart by TradingView