Hedera (HBAR) Reaches Self Reported Market Cap of $1.71 Billion

Hedera (HBAR) traded up 6.8% against the dollar during the 1 day period ending at 14:00 PM Eastern on November 5th. Hedera has a market capitalization of $1.71 billion and approximately $62.40 million worth of Hedera was traded on exchanges in the last day. In the last week, Hedera has traded 9.3% lower against the dollar. One Hedera coin can currently be purchased for approximately $0.0454 or 0.00000065 BTC on exchanges.

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

• Avalanche (AVAX) traded up 5.6% against the dollar and now trades at $24.23 or 0.00034597 BTC.
• NEAR Protocol (NEAR) traded 6.9% higher against the dollar and now trades at $3.86 or 0.00005507 BTC.
• Internet Computer (ICP) traded up 4.1% against the dollar and now trades at $7.38 or 0.00010542 BTC.
• Fetch.ai (FET) traded up 10.6% against the dollar and now trades at $1.25 or 0.00001783 BTC.
• Cronos (CRO) traded 2.7% higher against the dollar and now trades at $0.0728 or 0.00000104 BTC.
• Cosmos (ATOM) traded up 6.2% against the dollar and now trades at $4.16 or 0.00005941 BTC.
• Algorand (ALGO) traded 6.4% higher against the dollar and now trades at $0.11 or 0.00000164 BTC.
• Akash Network (AKT) traded up 7.4% against the dollar and now trades at $2.32 or 0.00003309 BTC.
• Theta Fuel (TFUEL) traded up 3.2% against the dollar and now trades at $0.0509 or 0.00000073 BTC.
• Kava (KAVA) traded 5% higher against the dollar and now trades at $0.31 or 0.00000446 BTC.

About Hedera

HBAR uses the hashing algorithm. Its launch date was August 1st, 2017. Hedera’s total supply is 50,000,000,000 coins and its circulating supply is 37,679,928,376 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 website is www.hedera.com. Hedera’s official message board is hedera.com/blog. Hedera’s official Twitter account is @hedera and its Facebook page is accessible here.

According to CryptoCompare, “Hedera (HBAR) is a cryptocurrency launched in 2017. Hedera has a current supply of 50,000,000,000 with 37,679,928,375.976105 in circulation. The last known price of Hedera is 0.04366277 USD and is up 1.63 over the last 24 hours. It is currently trading on 283 active market(s) with $75,343,203.96 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 purchase alternative cryptocurrencies such as Hedera directly using US dollars. Investors seeking to trade Hedera should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Hedera using one of the exchanges listed above.

HBAR/USD price chart by TradingView