Hedera Reaches One Day Trading Volume of $47.12 Million (HBAR)

Hedera (HBAR) traded down 2.3% against the U.S. dollar during the one day period ending at 17:00 PM E.T. on October 22nd. One Hedera coin can currently be purchased for $0.0520 or 0.00000077 BTC on major exchanges. Hedera has a market capitalization of $1.96 billion and $47.12 million worth of Hedera was traded on exchanges in the last 24 hours. During the last week, Hedera has traded down 5.4% against the U.S. dollar.

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

• Avalanche (AVAX) traded down 0.7% against the dollar and now trades at $27.68 or 0.00040990 BTC.
• NEAR Protocol (NEAR) traded down 3.1% against the dollar and now trades at $4.68 or 0.00006925 BTC.
• Internet Computer (ICP) traded 1.1% lower against the dollar and now trades at $7.94 or 0.00011754 BTC.
• Cronos (CRO) traded down 1.1% against the dollar and now trades at $0.0771 or 0.00000114 BTC.
• Cosmos (ATOM) traded 2.6% lower against the dollar and now trades at $4.79 or 0.00007091 BTC.
• Fetch.ai (FET) traded down 3% against the dollar and now trades at $1.36 or 0.00002014 BTC.
• Algorand (ALGO) traded down 2% against the dollar and now trades at $0.12 or 0.00000184 BTC.
• Akash Network (AKT) traded up 0.5% against the dollar and now trades at $2.51 or 0.00003711 BTC.
• Theta Fuel (TFUEL) traded down 1.6% against the dollar and now trades at $0.0604 or 0.00000089 BTC.
• Kava (KAVA) traded down 1.6% against the dollar and now trades at $0.36 or 0.00000537 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 37,677,231,903 coins. Hedera’s official Twitter account is @hedera and its Facebook page is accessible here. Hedera’s official website is www.hedera.com. 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 37,677,232,402.96947 in circulation. The last known price of Hedera is 0.05300857 USD and is down -5.70 over the last 24 hours. It is currently trading on 281 active market(s) with $58,200,164.16 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 trade Hedera should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini 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