Hedera’s HBAR/USD price has seen notable gains over the past 24 hours and week, with an increase of 6.57% and 7.0%, respectively. The current price stands less than a fifth of its all-time high, which is $0.57. The chart below examines both daily and weekly volatility with grey bands representing Bollinger Bands and, the wider the bands are, the more erratic the price changes.
The volume of coin trade is down – by 36.0% – alongside HBAR’s circulating supply, which has hit 33.61 billion migrating from its max supply of 50.00 billion – amounting to 67.23%. This news bumps the coin to be the 35th ranked currency according to market capitalization, which is valued at $ 3.11 billion.
