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Hedera Price: HBAR Live Price Chart, Market Cap & News Today

11 April 2024
in HBAR
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Hedera Price: HBAR Live Price Chart, Market Cap & News Today
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What is Hedera?

Hedera is a decentralized public network where developers can build secure, fair applications with near real-time consensus. The platform is owned and governed by a council of global innovators including Avery Dennison, Boeing, Deutsche Telekom, DLA Piper, FIS (WorldPay), Google, IBM, LG Electronics, Magalu, Nomura, Swirlds, Tata Communications, University College London (UCL), Wipro, and Zain Group. 

The Hedera Consensus Service (HCS) acts as a trust layer for any application or permissioned network and allows for the creation of an immutable and verifiable log of messages. Application messages are submitted to the Hedera network for consensus, given a trusted timestamp, and fairly ordered. Use HCS to track assets across a supply chain, create auditable logs of events in an advertising platform, or even use it as a decentralized ordering service.

Where can you buy Hedera?

HBAR tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Hedera is BingX, where the most active trading pair HBAR/USDT has a trading volume of $1,004,076.64 in the last 24 hours. Other popular options include Gate.io and DigiFinex.

What is the daily trading volume of Hedera (HBAR)?

The trading volume of Hedera (HBAR) is $45,797,185.70 in the last 24 hours, representing a -21.40% decrease from one day ago and signalling a recent fall in market activity.

What is the all-time high for Hedera (HBAR)?

The highest price paid for Hedera (HBAR) is BTC0.00003199, which was recorded on Sep 15, 2021 (over 2 years). Comparatively, the current price is -82.50% lower than the all-time high price.

What is the all-time low for Hedera (HBAR)?

The lowest price paid for Hedera (HBAR) is BTC0.069260, which was recorded on Jan 02, 2020 (over 4 years). Comparatively, the current price is 912.00% higher than the all-time low price.

What is the market cap of Hedera (HBAR)?

Market capitalization of Hedera (HBAR) is BTC50,278.4425 and is ranked #37 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of HBAR tokens (36 Billion tokens are tradable on the market today).

What is the fully diluted valuation of Hedera (HBAR)?

The fully diluted valuation (FDV) of Hedera (HBAR) is BTC70,352.0723. This is a statistical representation of the maximum market cap, assuming the maximum number of 50 Billion HBAR tokens are in circulation today. Depending on how the emission schedule of HBAR tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Hedera compare against its peers?

With a price decline of -2.90% in the last 7 days, Hedera (HBAR) is underperforming the global cryptocurrency market which is up 4.30%, while underperforming when compared to similar Layer 1 (L1) cryptocurrencies which are up 3.90%.

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