Hedera (HBAR) Tops 24 Hour Volume of $86.48 Million

Hedera (HBAR) traded 4.4% lower against the US dollar during the 1-day period ending at 0:00 AM E.T. on May 7th. One Hedera coin can now be bought for about $0.11 or 0.00000171 BTC on major cryptocurrency exchanges. Hedera has a total market cap of $3.82 billion and approximately $86.48 million worth of Hedera was traded on exchanges in the last day. During the last seven days, Hedera has traded 12.3% higher against the US dollar.

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

• Avalanche (AVAX) traded 5.2% lower against the dollar and now trades at $35.02 or 0.00055908 BTC.
• NEAR Protocol (NEAR) traded 3.9% lower against the dollar and now trades at $7.17 or 0.00011452 BTC.
• Internet Computer (ICP) traded 2.8% lower against the dollar and now trades at $12.42 or 0.00019831 BTC.
• Cosmos (ATOM) traded 2.5% lower against the dollar and now trades at $8.98 or 0.00014334 BTC.
• Cronos (CRO) traded 3.9% lower against the dollar and now trades at $0.13 or 0.00000200 BTC.
• Fetch.ai (FET) traded 2.9% lower against the dollar and now trades at $2.35 or 0.00003750 BTC.
• Algorand (ALGO) traded 2.2% lower against the dollar and now trades at $0.19 or 0.00000300 BTC.
• Akash Network (AKT) traded 2.6% lower against the dollar and now trades at $4.61 or 0.00007393 BTC.
• Kava (KAVA) traded 1.8% lower against the dollar and now trades at $0.66 or 0.00001052 BTC.
• Theta Fuel (TFUEL) traded 3.7% higher against the dollar and now trades at $0.11 or 0.00000171 BTC.

About Hedera

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 35,738,891,043 coins. Hedera’s official website is www.hedera.com. Hedera’s official Twitter account is @hedera and its Facebook page is accessible here. 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 35,738,891,042.82153 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/.”

Buying and Selling Hedera

It is usually not currently 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 Gemini, GDAX or Changelly. 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