Hedera (HBAR) Self Reported Market Capitalization Hits $1.71 Billion

Hedera (HBAR) traded 6.8% higher against the dollar during the twenty-four hour period ending at 14:00 PM E.T. on November 5th. One Hedera coin can now be purchased for about $0.0454 or 0.00000065 BTC on popular exchanges. Hedera has a market capitalization of $1.71 billion and $62.40 million worth of Hedera was traded on exchanges in the last 24 hours. Over the last seven days, Hedera has traded 9.3% lower against the dollar.

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

• Avalanche (AVAX) traded up 5.6% against the dollar and now trades at $24.23 or 0.00034597 BTC.
• NEAR Protocol (NEAR) traded up 6.9% against the dollar and now trades at $3.86 or 0.00005507 BTC.
• Internet Computer (ICP) traded 4.1% higher 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 up 2.7% against the dollar and now trades at $0.0728 or 0.00000104 BTC.
• Cosmos (ATOM) traded 6.2% higher 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 7.4% higher 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 up 5% against the dollar and now trades at $0.31 or 0.00000446 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 37,679,928,376 coins. The official message board for Hedera is hedera.com/blog. 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. 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 possible to buy alternative cryptocurrencies such as Hedera directly using U.S. dollars. Investors seeking to trade Hedera should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, 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