Hedera Trading 9.2% Lower This Week (HBAR)

Hedera (HBAR) traded up 0.4% against the U.S. dollar during the 1 day period ending at 8:00 AM ET on October 27th. One Hedera coin can now be bought for approximately $0.0482 or 0.00000072 BTC on popular exchanges. During the last week, Hedera has traded 9.2% lower against the U.S. dollar. Hedera has a market capitalization of $1.82 billion and $23.76 million worth of Hedera was traded on exchanges in the last day.

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

• Avalanche (AVAX) traded down 0.8% against the dollar and now trades at $25.38 or 0.00037830 BTC.
• NEAR Protocol (NEAR) traded down 1.3% against the dollar and now trades at $4.20 or 0.00006258 BTC.
• Internet Computer (ICP) traded up 0.3% against the dollar and now trades at $7.74 or 0.00011543 BTC.
• Cronos (CRO) traded 1.2% higher against the dollar and now trades at $0.0741 or 0.00000110 BTC.
• Cosmos (ATOM) traded 1.5% lower against the dollar and now trades at $4.34 or 0.00006470 BTC.
• Fetch.ai (FET) traded down 0.7% against the dollar and now trades at $1.23 or 0.00001837 BTC.
• Algorand (ALGO) traded 0.1% higher against the dollar and now trades at $0.11 or 0.00000171 BTC.
• Akash Network (AKT) traded 1.5% lower against the dollar and now trades at $2.25 or 0.00003348 BTC.
• Theta Fuel (TFUEL) traded 0.1% lower against the dollar and now trades at $0.0549 or 0.00000082 BTC.
• Kava (KAVA) traded down 0% against the dollar and now trades at $0.33 or 0.00000485 BTC.

Hedera Coin Profile

Hedera uses the hashing algorithm. It was first traded on August 1st, 2017. Hedera’s total supply is 50,000,000,000 coins and its circulating supply is 37,679,928,470 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 Twitter account is @hedera and its Facebook page is accessible here. The official website for Hedera is www.hedera.com. 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 37,679,928,470.31257 in circulation. The last known price of Hedera is 0.04829658 USD and is up 0.84 over the last 24 hours. It is currently trading on 283 active market(s) with $26,688,188.08 traded over the last 24 hours. More information can be found at https://www.hedera.com/.”

Buying and Selling Hedera

It is usually not presently 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 GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Hedera using one of the aforementioned exchanges.

HBAR/USD price chart by TradingView