Hedera (HBAR)
| Market Cap | $1,207,624,798 |
|---|---|
| Trading Volume | $41,597,739 |
| Volume / Market Cap | 0.0344 |
| Total Supply | 50,000,000,000 HBAR |
| Max Supply | 50,000,000,000 HBAR |
Hedera is currently trading at $0.0478, after a price change of 4.53% in the last 24 hours.
Ranked as cryptocurrency #38 by capitalization today, HBAR market cap is valued at $1,207,624,798. HBAR trading volume reached $41,597,739 in the last 24 hours. We track cryptocurrency data live in real-time. Make your own forecast on HBAR coin price prediction page.
HBAR Coin Price PredictionWhat is Hedera?
Hedera Hash graph is a cryptocurrency network that has structural differences compared to the blockchain technology used by Ethereum and Bitcoin. It is a platform where any user can trade and deploy apps. It was released in July 2017 by Leemon Baird, who is the co-founder and CTO of Swirlds.
Rather than using blockchains, this network uses a distributed open ledger. Here, there is no mining involved, which makes it an eco-friendly technology. The transaction expenses are also quite low relative to blockchains. It provides the same anonymity and safety as a blockchain ledger, along with greater capacity and improved performance.
The native token of this platform is known as HBAR. The company shares source code samples and provides guidelines for programmers to build their own coins that run on the protocol. Members of the network can use the tokens to pay trading fees. Holders can stake their coins to be part of a voting system.
The network is based on a proof-of-stake mechanism, but it is not the same as those utilized by other cryptocurrencies. Its asynchronous BFT consensus offers more in terms of safety and fairness. The circulating and total supplies for this token are 15.02 Billion and 50,000,000,000, respectively.