Hedera (HBAR) Price Analysis and Market Overview

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Current HBAR Price and Market Data

The current price of Hedera (HBAR) stands at $0.1487, reflecting a 24-hour increase of 1.23%. The 24-hour trading volume is $111.6 million, ranking HBAR at #34 among all cryptocurrencies. The circulating supply is 38,267,523,240 HBAR, contributing to a market capitalization of approximately $5.7 billion, which places it at #27 in the global crypto market rankings.

Key market data includes:

Hedera Price Chart and Performance Analysis

Hedera's price opened today at $0.1449 and briefly rallied to $0.1490 before experiencing a pullback. At its current level, the price is 2.66% above the day's open. However, the token has faced a challenging month, declining approximately -18.38% from its 30-day high, though it has recovered 17.33% from its 30-day low.

Performance comparisons against major assets over different timeframes show mixed results:

Compared to other projects launched in the same year, Hedera's trading volume of $111.6 million significantly outpaces the average volume of $2.1 million for its peers, indicating substantially higher liquidity and market interest.

Technical Indicators and Market Sentiment

Current technical analysis presents a neutral to bearish short-term outlook for HBAR. The Relative Strength Index (RSI) is at a neutral 50.06, suggesting a balance between buying and selling pressure. Other momentum oscillators like the Commodity Channel Index (CCI) and Ultimate Oscillator also signal neutral conditions.

However, moving averages (MAs) across nearly all major timeframes—from the 10-day Simple Moving Average (SMA) to the 200-day Exponential Moving Average (EMA)—are indicating "Sell" signals. This suggests that the current price is trading below these key averages, which often act as resistance levels. The one exception is the 10-day EMA, which is providing a weak "Buy" signal.

Market sentiment, as interpreted from these indicators, is currently categorized as predominantly bearish, with 11 bearish signals, 5 neutral, and only 1 bullish signal. 👉 View real-time technical analysis tools

Market Capitalization and Potential

Hedera's market cap visualization illustrates its position relative to other cryptocurrencies. The concept of Fully Diluted Valuation (FDV), calculated as the total supply multiplied by the current price, offers a perspective on the network's potential valuation if all tokens were in circulation.

Comparing HBAR's potential market cap multiples (e.g., 2x, 10x) against established giants like Bitcoin and Ethereum helps contextualize its growth potential within the broader digital asset ecosystem. This exercise is valuable for long-term investors assessing the project's room for expansion.

Recent Hedera News and Developments

The ecosystem surrounding Hedera Hashgraph remains active, with several news stories impacting investor sentiment:

These developments contribute to a fundamentally optimistic long-term outlook for the Hedera network, despite short-term price volatility.

Hedera ICO Details and Historical Returns

Hedera's Initial Coin Offering (ICO) concluded in August 2018, raising $100 million at a price of $0.12 per HBAR token. From this initial price, the current price represents a ROI of +23.94%.

Historical return data reveals a volatile journey:

This data highlights the importance of a long-term investment horizon, as short-term performance can be negative while longer-term trends show substantial growth.

Frequently Asked Questions

What is Hedera's current market cap and rank?
Hedera's current market capitalization is approximately $5.69 billion, which ranks it as the 27th largest cryptocurrency by this metric globally.

Where can I buy HBAR?
HBAR is traded on over 37 different cryptocurrency exchanges. These platforms provide various trading pairs, allowing you to purchase HBAR using fiat currencies or other cryptocurrencies.

What was the price of HBAR during its ICO?
The initial coin offering (ICO) price for one HBAR token was $0.12. The project successfully raised $100 million during its public sale event in 2018.

What is the all-time high and all-time low for HBAR?
The highest price ever recorded for Hedera (HBAR) was $0.5246. Conversely, the lowest price recorded in our database was $0.037, which occurred during the broader market downturn in 2022.

How many HBAR coins are in circulation?
The current circulating supply of HBAR is 38,267,523,240 tokens. The total and maximum supply is capped at 50 billion tokens.

What makes Hedera unique compared to other blockchains?
Hedera utilizes a unique hashgraph consensus mechanism, which is designed to be faster, more secure, and more energy-efficient than traditional blockchain networks. It aims to support high-throughput decentralized applications. 👉 Explore more trading strategies for altcoins