HBAR Price Analysis January 2022

HBAR is a token of the Hedera platform. By writing, its current price is around $0.2826, with a low of $0.04946 in 2021 and a market cap of 5.1 billion dollars.

Hbar Price Analysis January 2022
HBAR Price Analysis January 2022

What is Hedera Hashgraph?

Hedera is a crypto platform that has been developed as a public ledger. It is one of the first public ledgers built on the hashgraph consensus algorithm. Leemon Baird founded it in July 2017, and its native coin, HBAR, power it.

Hedera is a new kind of public distributed ledger that aims to provide security and widespread autonomy while allowing portions of the network to operate in a permissionless fashion. As a result, the Hedera network will be scalable, secure, and easy to use for developers and businesses. The Hedera hashgraph is an open-source distributed ledger that large enterprises and organizations can use for their applications.

What is HBAR Coin?

HBAR is the coin of the Hedera platform, which is around $0.2826 by the time of writing, with a $0.04946 in 2021. Its current ranking is #33 according to CoinMarketCap, with a market cap of 5.1 billion dollars.

It reached a high of $0.5701, with a low of $0.04946. This is a coin that the Hedera created. The primary goal of the coin is to become a decentralized global currency for all industries and be used as a means of payment.

HBAR Coin Market Analysis 

HBAR has a max supply of 50,000,000,000 coins worth around $0.2826 with a market volume of 85 million dollars, whereas the market capitalization is 5.1 billion dollars at writing. 

HBAR Price Prediction 

On the 1D timeframe, After the price broke through the double bottom, it quickly pumped but got rejected by the resistance level. It is currently retesting this level.

For any time, on-demand analysis on $HBAR or any other coin can join our Telegram channel.

Hbar Price Prediction
HBAR Price Prediction

Here are some of the best exchanges to buy HBAR.

Nothing in this article is financial advice, and you should only invest in the market you believe is suitable for your portfolio.

Pratyaksh
Pratyaksh

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