Cryptocurrency Hedera's Price Increased More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Hedera's cryptocurrency (HBAR) has seen a 3.5% increase in price over the past 24 hours, reaching $0.06, and a 6.0% gain over the past week. The coin's all-time high is $0.57. Trading volume for HBAR has risen by 41.0% in the past week, and the circulating supply has slightly increased to 33.56 billion, which is 67.13% of the max supply. Hedera currently ranks #35 in market cap with a value of $2.16 billion.
December 05, 2023 | 3:00 pm
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POSITIVE IMPACT
Hedera (HBAR) has experienced a 3.5% price increase in the last 24 hours and a 6.0% increase over the past week, with a significant rise in trading volume by 41.0% and a slight increase in circulating supply.
The positive price movement of Hedera's HBAR, along with increased trading volume, indicates a growing investor interest which could lead to a short-term bullish trend. The increase in circulating supply is nominal and unlikely to dampen the positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100