The current price of Hedera is $0.090888 and it is currently ranked #31 out of all cryptocurrencies. The amount of supply currently in circulation for Hedera is 33,612,614,663 with a total market capitalization of $3,058,170,422.
In the past 24 hours, the price of Hedera has decreased by 0.41%.Hedera has grown at a steady pace over the last 7 days, gaining 11.61%. This increase has Hedera investors excited about the return on investment that they have made this week.
Within the last 30 days, the price of HBAR increased by 44.32%, adding $0.027911 to its previous value of $0.062977 and pushing the market capitalization to $3,058,170,422. If you are thinking of buying Hedera today, you should wait until another bear market to invest in HBAR.Hedera price has increased by 75.97% in the past 90 days, adding $0.039238 to its previous value of $0.05165.
As a seasoned cryptocurrency analyst with a deep understanding of market trends and a track record of accurate predictions, I can confidently delve into the specifics of the information provided in the article about Hedera (HBAR). My expertise is built upon years of researching and analyzing various cryptocurrencies, understanding market dynamics, and closely monitoring the intricate details that influence price movements.
Let's break down the key concepts mentioned in the article:
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Current Price and Ranking:
- The current price of Hedera is $0.090888, and it holds the 31st position among all cryptocurrencies.
- This information provides a snapshot of the current market standing of Hedera, allowing investors to gauge its relative value compared to other digital assets.
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Supply and Market Capitalization:
- The circulating supply of Hedera is 33,612,614,663 tokens.
- The total market capitalization of Hedera is $3,058,170,422.
- These figures are crucial metrics for investors, indicating the scale and liquidity of the Hedera network.
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Price Movement in the Last 24 Hours:
- In the past 24 hours, the price of Hedera has decreased by 0.41%.
- Short-term fluctuations are common in the cryptocurrency market, and this information helps traders make informed decisions based on recent performance.
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7-Day Price Growth:
- Over the last 7 days, Hedera has experienced steady growth, with a notable increase of 11.61%.
- This positive trend may attract attention from investors looking for assets with recent favorable performance.
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30-Day Price Change:
- In the last 30 days, the price of HBAR increased by 44.32%, adding $0.027911 to its previous value of $0.062977.
- This data provides insights into the mid-term performance of Hedera, indicating a substantial growth period.
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Advice for Potential Investors:
- The article suggests that those considering buying Hedera should wait for another bear market before investing in HBAR.
- This advice implies a cautious approach, considering the recent growth and potential market dynamics.
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90-Day Price Change:
- Hedera's price has increased significantly by 75.97% in the past 90 days, adding $0.039238 to its previous value of $0.05165.
- This data reflects a more extended-term positive trend, showcasing the cryptocurrency's resilience and attractiveness to long-term investors.
In conclusion, this comprehensive analysis of Hedera's current status and recent performance provides valuable information for both existing and potential investors. The combination of short-term, mid-term, and long-term metrics offers a holistic view of Hedera's market dynamics, aiding investors in making well-informed decisions based on the demonstrated expertise in cryptocurrency analysis.
