Cryptocurrency Hedera Rises More Than 5% In 24 hours
Portfolio Pulse from Benzinga Insights
Hedera (CRYPTO: HBAR) has seen a 5.31% increase in its price over the last 24 hours, reaching $0.07, despite a week of no overall change. The coin's all-time high is $0.57. Trading volume surged by 174% over the past week, while the circulating supply remained steady at 33.67 billion, 67.33% of its max supply. Hedera's market cap is currently ranked #38 at $2.48 billion.
February 06, 2024 | 3:02 pm
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Hedera (HBAR) experienced a 5.31% price increase to $0.07 over the last 24 hours, with a significant 174% jump in trading volume, despite a stable circulating supply.
The price increase of Hedera (HBAR) over the last 24 hours, coupled with a significant rise in trading volume, indicates strong market interest and potential for further short-term gains. The stable circulating supply against a backdrop of increasing demand could further support price appreciation. However, the overall market position and the recent flat trend suggest caution.
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