Hedera Achieves Self Reported Market Cap of $3.94 Billion (HBAR)

Hedera (HBAR) traded 1% higher against the US dollar during the 1 day period ending at 12:00 PM Eastern on May 5th. Over the last week, Hedera has traded 3.7% higher against the US dollar. Hedera has a total market capitalization of $3.94 billion and approximately $106.60 million worth of Hedera was traded on exchanges in the last 24 hours. One Hedera coin can currently be bought for approximately $0.11 or 0.00000171 BTC on exchanges.

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

• Avalanche (AVAX) traded up 3.6% against the dollar and now trades at $37.46 or 0.00058222 BTC.
• NEAR Protocol (NEAR) traded up 8.8% against the dollar and now trades at $7.49 or 0.00011644 BTC.
• Internet Computer (ICP) traded down 0.5% against the dollar and now trades at $13.20 or 0.00020523 BTC.
• Cosmos (ATOM) traded 5.6% higher against the dollar and now trades at $9.26 or 0.00014399 BTC.
• Cronos (CRO) traded 0% lower against the dollar and now trades at $0.13 or 0.00000208 BTC.
• Fetch.ai (FET) traded up 6% against the dollar and now trades at $2.33 or 0.00003624 BTC.
• Algorand (ALGO) traded 2.5% higher against the dollar and now trades at $0.20 or 0.00000309 BTC.
• Akash Network (AKT) traded up 14.1% against the dollar and now trades at $4.90 or 0.00007617 BTC.
• Kava (KAVA) traded up 1.9% against the dollar and now trades at $0.70 or 0.00001085 BTC.
• Theta Fuel (TFUEL) traded 1.9% higher against the dollar and now trades at $0.11 or 0.00000172 BTC.

Hedera 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 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 official message board for Hedera is hedera.com/blog. 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 35,738,891,042.736 in circulation. The last known price of Hedera is 0.11078295 USD and is down -0.06 over the last 24 hours. It is currently trading on 258 active market(s) with $117,941,064.14 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 buy alternative cryptocurrencies such as Hedera directly using U.S. dollars. Investors seeking to acquire Hedera should first buy 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 buy Hedera using one of the exchanges listed above.

HBAR/USD price chart by TradingView