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EURUSD 12H TF Analysis : 12.13.212 different scenarios tof EUR/USD trend: In this case, we have to wait for the support or resistance to be broken by the price and then take action to get a position. Possible Buy Position Targets : 1.1372, 1.143, 1.147 🟢 Possible Sell Position Targets : 1.1189, 1.11294, 1.1069 🔴 Follow our other analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 13.DEC.2021 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
by ArmanShabanTrading
4
₿ DOGECOIN 1D ₿ : 06.DEC.2021 : $DOGEWill #DOGECOIN reach to 1$ ? Examining the #DOGECOIN chart in the weekly time frame : we see that the price has been fluctuating in the range of 16 to 35 cents since May 24, 2021, and does not follow a specific trend (trading range). We expect the price to start to rise again this week and Grow and reach its first target at least up to 34 cents! The first condition to reach this target is the failure of the dynamic resistance indicated on the chart. An interesting scenario could be the formation of the Triple Bottom Pattern pattern, which is completed when the price reaches the level of 34 cents, and with the failure of the neck line, the price can grow up to the specified targets. Targets are $ 0.34, $ 0.45, $ 0.51, $ 0.57 and $ 0.74, respectively, and $ 1 at the end. What is Triple Bottom Pattern ? A triple bottom is a bullish chart pattern used in technical analysis that's characterized by three equal lows followed by a breakout above the resistance level . KEY TAKEAWAYS A triple bottom is a visual pattern that shows the buyers (bulls) taking control of the price action from the sellers (bears). A triple bottom is generally seen as three roughly equal lows bouncing off support followed by the price action breaching resistance. The formation of triple bottom is seen as an opportunity to enter a bullish position. What Does a Triple Bottom Tell You ? The triple bottom chart pattern typically follows a prolonged downtrend where bears are in control of the market. While the first bottom could simply be normal price movement, the second bottom is indicative of the bulls gaining momentum and preparing for a possible reversal. The third bottom indicates that there's strong support in place and bears may capitulate when the price breaks through resistance levels. There are a few rules that are commonly used to qualify triple bottoms: 1- There should be an existing downtrend in place before the pattern occurs. 2- The three lows should be roughly equal in price and spaced out from each other. While the price doesn't have to be exactly equal, it should be reasonably close to the same price, such that a trendline is horizontal. 3- The volume should drop throughout the pattern in a sign that bears are losing strength, while bullish volume should increase as the price breaks through the final resistance. How to Trade a Triple Bottom The price target for a double bottom reversal is typically the distance between the lows and the breakout point added to the breakout point. For example, if the low is $10.00 and the breakout is at $12.00, the price target would be (12 - 10 = 2 + 12 = 14) $14.00. Stop-loss points are usually placed just below the breakout point and/or below the triple bottom lows. Source : Investopedia Follow our other analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 06.DEC.2021 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Long
by ArmanShabanTrading
11
₿ SOLANA 1D ₿ : 04.DEC.2021 : $SOLAppealing price ranges for long-term investment and HODL in #SOLANA : 150$ - 180$ Important support and resistance ranges are marked on the chart and everything is clear ... Follow our other analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 04.DEC.2021 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Long
by ArmanShabanTrading
1
Triple Bottom Pattern of #Doge Chart ?Will #DOGECOIN reach to 1$ ? Examining the #DOGECOIN chart in the weekly time frame : we see that the price has been fluctuating in the range of 16 to 35 cents since May 24, 2021, and does not follow a specific trend (trading range). We expect the price to start to rise again this week and Grow and reach its first target at least up to 34 cents! The first condition to reach this target is the failure of the dynamic resistance indicated on the chart. An interesting scenario could be the formation of the Triple Bottom Pattern pattern, which is completed when the price reaches the level of 34 cents, and with the failure of the neck line, the price can grow up to the specified targets. Targets are $ 0.34, $ 0.45, $ 0.51, $ 0.57 and $ 0.74, respectively, and $ 1 at the end. What is Triple Bottom Pattern ? A triple bottom is a bullish chart pattern used in technical analysis that's characterized by three equal lows followed by a breakout above the resistance level. KEY TAKEAWAYS A triple bottom is a visual pattern that shows the buyers (bulls) taking control of the price action from the sellers (bears). A triple bottom is generally seen as three roughly equal lows bouncing off support followed by the price action breaching resistance. The formation of triple bottom is seen as an opportunity to enter a bullish position. What Does a Triple Bottom Tell You ? The triple bottom chart pattern typically follows a prolonged downtrend where bears are in control of the market. While the first bottom could simply be normal price movement, the second bottom is indicative of the bulls gaining momentum and preparing for a possible reversal. The third bottom indicates that there's strong support in place and bears may capitulate when the price breaks through resistance levels. There are a few rules that are commonly used to qualify triple bottoms: 1- There should be an existing downtrend in place before the pattern occurs. 2- The three lows should be roughly equal in price and spaced out from each other. While the price doesn't have to be exactly equal, it should be reasonably close to the same price, such that a trendline is horizontal. 3- The volume should drop throughout the pattern in a sign that bears are losing strength, while bullish volume should increase as the price breaks through the final resistance. How to Trade a Triple Bottom The price target for a double bottom reversal is typically the distance between the lows and the breakout point added to the breakout point. For example, if the low is $10.00 and the breakout is at $12.00, the price target would be (12 - 10 = 2 + 12 = 14) $14.00. Stop-loss points are usually placed just below the breakout point and/or below the triple bottom lows. Source : Investopedia Follow our other analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 02.DEC.2021 ⚠️(DYOR) ❤️ To give us energy and motivation , please like and leave a comment. ❤️
by ArmanShabanTrading
22
TRX (TRON) UpdateHi Traders, Welcome to my update regarding TRON TRX technical analysis. As you can see we popped out of the down trend with a nice bullish run. The technical pattern that broke out was a falling wedge idea. In this trade I took 50% of my profit at the first target thus to give myself a better entry if we pulled back. Which as you can see in the chart we have came back down to the entry zone of the original breakout. After making a new local high and a new local higher low I have been given extra confidence that this trade will head to the second target area that I posted in the original trade. Therefore, I entered at the original breakout area giving myself an extra 40% profit potential on this specific trade. Fell free to ask questions in the comments. Have a green week! Savvy
Long
by Savvythe1
5
Critical AriasWave Market Update - Things Are Slowly Turning...In this video I lay out my preliminary analysis and thoughts as to why these markets will take a hit. Based on AriasWave I will explain the kinds of trend changes we will see. Some have already started turning and some are still in the process of doing so. I recommend staying tuned as I will be starting to release these updates on a regular basis as required. Remember to use Disciplined Money Management Principles to ensure longevity as a trader. If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd? Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.
OANDA:XAUUSD
by AriasWave
1
Weekly Momentum On Major Pairs (Week 45/2021)First Thing First: This analysis is for “general overview only” as it is solely based on price action. That’s why it is called momentum analysis in the first place. Support/Resistant, Volume Macro view nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up. XXX/USD: Mixed (GU is Very Bearish, EU is Neutral) Gold & Silver: Bullish XXX/JPY: Very Bearish Stock Indexes: Mixed (Dow Jones is Bullish, HK is Bearish) BitCoin: Neutral
by SonicDeejay
8
Dent 132% potential with end of run goal targets of 10XHello Traders, Back at it again with the heavy hitters here! We are looking at Denta coin, which is a glabal moblephone company offering esim cards to liberize the mobile data market place. As you can see here we are breaking out of a descending broadening wedge with a few targets ahead and a potential end of the run goal I lised for all of you moon boys and girls out there that love making some coin! As always, I put together a write up of infomation to better help you understand the project as well as find a medium to purchase it. Have a green week, Savvy ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Fundemental Analysis DENT Price Live Data The live Dent price today is $0.006889 USD with a 24-hour trading volume of $108,559,073 USD. We update our DENT to USD price in real-time. Dent is down 1.57% in the last 24 hours. The current CoinMarketCap ranking is #127, with a live market cap of $682,016,658 USD. It has a circulating supply of 99,007,791,203 DENT coins and the max. supply is not available. If you would like to know where to buy Dent, the top exchanges for trading in Dent are currently Binance, Mandala Exchange, FTX, Upbit, and KuCoin. You can find others listed on our crypto exchanges page. What Is Dent (DENT)? Launched in 2017, Dent is a revolutionary digital mobile operator offering eSIM cards, mobile data plans, call minutes top-ups and a roaming-free experience. According to the company website, Dent employs blockchain technology’s powers to create a global marketplace for mobile data liberalization. Dent has an ambitious roadmap ahead, with plans to expand its services to new markets by the end of 2021. The company has already attracted more than twenty-five million mobile device users, and Dent services are available in more than 140 countries. Enterprise partnerships for Dent include Samsung Blockchain, The Enterprise Ethereum Alliance and Telecom Infra. Who Are the Founders of Dent? Tero Katajainen is the founder and CEO of DENT Wireless. He acquired a master’s degree diploma in sciences from Tampere University of Technology in 1999. After graduating, he became a system administrator and java programmer at the university. In 2001, Katajainen became the CTO of Genetics AG, and in 2003 he founded Pocket Indian Software Solutions. Katajainen served as a senior Java/Android consultant for the United Nations in 2015. He has multiple awards and honorary achievements in the field of technology. Mikko Linnamäki is a co-founder of DENT Wireless. Since 2000 he has been an active entrepreneur and businessman. With five successful businesses before founding Dent, Linnamäki introduces himself as a “serial web-entrepreneur and Internet software pioneer.” His most long-standing business venture is Smartseed GmbH, which has been successfully operating since late 2000. Since then, Linnamäki participated in the founding of DEVCOT, one of the largest open-source IMAP servers globally. What Makes Dent Unique? Dent is a revolutionary player in the market of mobile communications and data services. Today, around half of the world’s population has restricted access to mobile services because of the high prices traditional mobile carriers offer. Dent brings in the power of blockchain technology to revolutionize this and provide global access to mobile airtime and data. Dent eliminates the understanding that your mobile data is tied to your location by becoming a global digital mobile operator. Dent offers plans that suit today’s global citizens’ needs by removing roaming fees and introducing international mobile plans. Everything on the Dent platform is purchased through DENT tokens, meaning that all transactions are recorded on the blockchain, and there is no chance for a customer to pay for something and not receive it. Unlike traditional mobile operators, Dent aims to make mobile airtime and data available globally to anyone interested, regardless of their location. Related Pages: Read more about Hedera Hashgraph. Find out more about Origo. Learn more about DApps. Have a look at the CoinMarketCap blog. How Many Dent (DENT) Coins Are There in Circulation? According to the company whitepaper, there is a maximum supply of 100 billion DENT tokens. The total circulating supply at the time of writing is 93,690,412,211 DENT tokens. Of the total supply, 8.6 billion DENT tokens were sold at a fixed price of $0.0005 per token during the company’s initial coin offering (ICO). 30% of all DENT tokens remain at the company for strategic acquisitions and market seeding, user incentives, salaries and bonuses. The remaining 70% of the token supply was released during pre-sale and sale events, and any outstanding tokens were locked up and released quarterly after that. How Is the Dent Network Secured? DENT is an Ethereum based ERC-20 token. This means that the Dent platform operates thanks to the proof-of-stake (PoS) consensus method. Unlike Bitcoin, which utilizes the proof-of-work (PoW) consensus mechanism, Dent relies on large stakeholders to become nodes and transaction validators. The benefits of PoS consensus mechanisms are many, but the most prominent include increased scalability and reduced electrical and computing power consumption. Considering this, many platforms are looking to utilize the Ethereum blockchain to launch their products. Dent is one of the pioneer projects to launch an ERC-20 token back in 2017. Where Can You Buy Dent (DENT)? DENT coins are relatively accessible for purchase, being ERC-20 tokens. One of your solid choices is Binance, which has the largest trade volume of DENT coins as of April 2021. Another option to purchase DENT tokens is KuCoin. Of course, it is crucial to note that investing in cryptocurrency can be risky, as coin prices are incredibly volatile. Find more information here about buying cryptos.
Long
by Savvythe1
4
Solana (SOl) Her path to $350 Hello Traders, This analysis in on Solana, as I am sure you know by now this has been a very impressive coin for your pocketbook without a doubt! Currently, SOL is looking to break into price discovery which she is no stranger to this whole run. An amazing project with many DaPPs being built on the ecosystem by the dozen, SOL is looking to head toward a future target of $350 and most likely head past that in the near future as well. I hope you have enjoyed this analysis and are welcome to join our Face book page Crypto Kinfolk. Fell free to ask me questions as I am the admin. As always, I have put together a fundamental analysis below for you to get a grasp on where to purchase this asset and to learn more about it. Have a green week, Savvy ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Fundamental Analysis SOL Price Live Data What Is Solana (SOL)? Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. While the idea and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation with headquarters in Geneva, Switzerland. To learn more about this project, check out our deep dive of Solana. The Solana protocol is designed to facilitate decentralized app (DApp) creation. It aims to improve scalability by introducing a proof-of-history (PoH) consensus combined with the underlying proof-of-stake (PoS) consensus of the blockchain. Because of the innovative hybrid consensus model, Solana enjoys interest from small-time traders and institutional traders alike. A significant focus for the Solana Foundation is to make decentralized finance accessible on a larger scale. Who Are the Founders of Solana? Anatoly Yakovenko is the most important person behind Solana. His professional career started at Qualcomm, where he quickly moved up the ranks and became senior staff engineer manager in 2015. Later on, his professional path shifted, and Yakovenko entered a new position as a software engineer at Dropbox. In 2017, Yakovenko started working on a project which would later materialize as Solana. He teamed up with his Qualcomm colleague Greg Fitzgerald, and they founded a project called Solana Labs. Attracting several more former Qualcomm colleagues in the process, the Solana protocol and SOL token were released to the public in 2020. What Makes Solana Unique? One of the essential innovations Solana brings to the table is the proof-of-history (PoH) consensus developed by Anatoly Yakovenko. This concept allows for greater scalability of the protocol, which in turn boosts usability. Solana is known in the cryptocurrency space because of the incredibly short processing times the blockchain offers. Solana’s hybrid protocol allows for significantly decreased validation times for both transaction and smart contract execution. With lightning-fast processing times, Solana has attracted a lot of institutional interest as well. The Solana protocol is intended to serve both small-time users and enterprise customers alike. One of Solana’s main promises to customers is that they will not be surprised by increased fees and taxes. The protocol is designed in such a way as to have low transaction costs while still guaranteeing scalability and fast processing. Combined with the longstanding professional expertise creators Anatoly Yakovenko and Greg Fitzgerald bring to the project, Solana is ranked number 7 in the CoinMarketCap ranking as of September 2021. This came on the back of an impressive bull run, where Solana price gained over 700% since mid-July 2021. The launch of the Degenerate Ape NFT collection sent SOL price to an all-time high (ATH) above $60, and it has been climbing since, largely due to higher developer activity on the Solana ecosystem, greater institutional interest, growing DeFi ecosystem, and the rise of the NFTs and gaming vertical on Solana. Solana price rose to an ATH of $216 on Sept. 9, 2021. Related Pages: Read more about Steem. Check out Marlin. Learn more about Decentralized Finance (DeFi). Curious about the crypto space? Read our educational section — Alexandria. Want to keep track of Solana prices live? Download the CoinMarketCap mobile app! Want to convert Solana price today to your desired fiat currency? Check out CoinMarketCap exchange rate calculator. How Many Solana (SOL) Coins Are There in Circulation? The Solana Foundation has announced that a total of 489 million SOL tokens will be released in circulation. At the moment, about 260 million of these have already entered the market. The SOL token distribution is as follows: 16.23% went towards an initial seed sale, 12.92% of tokens were dedicated to a founding sale, 12.79% of SOL coins were distributed among team members and 10.46% of tokens were given to the Solana Foundation. The remaining tokens were already released for public and private sales or are still to be released to the market. Solana price during the initial seed sale, held on April 5, 2018, was $0.04. Given the recent ATH, that represents an impressive 5400X return on investment (ROI). How Is the Solana Network Secured? Solana relies on a unique combination of proof-of-history (PoH) and proof-of-stake (PoS) consensus mechanisms. Proof-of-history is the main component of the Solana protocol, as it is responsible for the bulk of transaction processing. PoH records successful operations and the time that has passed between them, thus ensuring the trustless nature of the blockchain. The proof-of-stake (PoS) consensus is used as a monitoring tool for the PoH processes, and it validates each sequence of blocks produced by it. The combination of two consensus mechanisms makes Solana a unique phenomenon in the blockchain industry. Where Can You Buy Solana (SOL)? SOL tokens can be purchased on most exchanges. One choice to trade Solana is on Binance, as it has the highest SOL/USDT trading volume, $753,103,225 as of September 2021. Next is Coinbase, with a trading volume of $343,872,841. Other options to trade Solana include FTX, Bilaxy and Huobi Global. Of course, it is important to note that investing in cryptocurrency comes with a risk, just like any other investment opportunity. To check Solana price live in the fiat currency of your choice, you can use CoinMarketCap’s converter feature directly on the Solana currency page, or the dedicated exchange rate converter page. Popular Solana price pairs include: SOL/USD, SOL/GBP, SOL/AUD, SOL/JPY and SOL/EUR.
Long
by Savvythe1
Solana (SOl) Her path to $350 Updated25 minutes ago Hello Traders, This analysis in on Solana, as I am sure you know by now this has been a very impressive coin for your pocketbook without a doubt! Currently, SOL is looking to break into price discovery which she is no stranger to this whole run. An amazing project with many DaPPs being built on the ecosystem by the dozen, SOL is looking to head toward a future target of $350 and most likely head past that in the near future as well. I hope you have enjoyed this analysis and are welcome to join our Face book page Crypto Kinfolk. Fell free to ask me questions as I am the admin. As always, I have put together a fundamental analysis below for you to get a grasp on where to purchase this asset and to learn more about it. Have a green week, Savvy ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Fundamental Analysis SOL Price Live Data What Is Solana (SOL)? Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. While the idea and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation with headquarters in Geneva, Switzerland. To learn more about this project, check out our deep dive of Solana. The Solana protocol is designed to facilitate decentralized app (DApp) creation. It aims to improve scalability by introducing a proof-of-history (PoH) consensus combined with the underlying proof-of-stake ( PoS ) consensus of the blockchain. Because of the innovative hybrid consensus model, Solana enjoys interest from small-time traders and institutional traders alike. A significant focus for the Solana Foundation is to make decentralized finance accessible on a larger scale. Who Are the Founders of Solana? Anatoly Yakovenko is the most important person behind Solana. His professional career started at Qualcomm , where he quickly moved up the ranks and became senior staff engineer manager in 2015. Later on, his professional path shifted, and Yakovenko entered a new position as a software engineer at Dropbox . In 2017, Yakovenko started working on a project which would later materialize as Solana. He teamed up with his Qualcomm colleague Greg Fitzgerald, and they founded a project called Solana Labs. Attracting several more former Qualcomm colleagues in the process, the Solana protocol and SOL token were released to the public in 2020. What Makes Solana Unique? One of the essential innovations Solana brings to the table is the proof-of-history (PoH) consensus developed by Anatoly Yakovenko. This concept allows for greater scalability of the protocol, which in turn boosts usability. Solana is known in the cryptocurrency space because of the incredibly short processing times the blockchain offers. Solana’s hybrid protocol allows for significantly decreased validation times for both transaction and smart contract execution. With lightning-fast processing times, Solana has attracted a lot of institutional interest as well. The Solana protocol is intended to serve both small-time users and enterprise customers alike. One of Solana’s main promises to customers is that they will not be surprised by increased fees and taxes. The protocol is designed in such a way as to have low transaction costs while still guaranteeing scalability and fast processing. Combined with the longstanding professional expertise creators Anatoly Yakovenko and Greg Fitzgerald bring to the project, Solana is ranked number 7 in the CoinMarketCap ranking as of September 2021. This came on the back of an impressive bull run, where Solana price gained over 700% since mid-July 2021. The launch of the Degenerate Ape NFT collection sent SOL price to an all-time high ( ATH ) above $60, and it has been climbing since, largely due to higher developer activity on the Solana ecosystem, greater institutional interest, growing DeFi ecosystem, and the rise of the NFTs and gaming vertical on Solana. Solana price rose to an ATH of $216 on Sept. 9, 2021. Related Pages: Read more about Steem. Check out Marlin. Learn more about Decentralized Finance (DeFi). Curious about the crypto space? Read our educational section — Alexandria. Want to keep track of Solana prices live? Download the CoinMarketCap mobile app! Want to convert Solana price today to your desired fiat currency? Check out CoinMarketCap exchange rate calculator. How Many Solana (SOL) Coins Are There in Circulation? The Solana Foundation has announced that a total of 489 million SOL tokens will be released in circulation. At the moment, about 260 million of these have already entered the market. The SOL token distribution is as follows: 16.23% went towards an initial seed sale, 12.92% of tokens were dedicated to a founding sale, 12.79% of SOL coins were distributed among team members and 10.46% of tokens were given to the Solana Foundation. The remaining tokens were already released for public and private sales or are still to be released to the market. Solana price during the initial seed sale, held on April 5, 2018, was $0.04. Given the recent ATH , that represents an impressive 5400X return on investment ( ROI ). How Is the Solana Network Secured? Solana relies on a unique combination of proof-of-history (PoH) and proof-of-stake ( PoS ) consensus mechanisms. Proof-of-history is the main component of the Solana protocol, as it is responsible for the bulk of transaction processing. PoH records successful operations and the time that has passed between them, thus ensuring the trustless nature of the blockchain. The proof-of-stake ( PoS ) consensus is used as a monitoring tool for the PoH processes, and it validates each sequence of blocks produced by it. The combination of two consensus mechanisms makes Solana a unique phenomenon in the blockchain industry. Where Can You Buy Solana (SOL)? SOL tokens can be purchased on most exchanges. One choice to trade Solana is on Binance, as it has the highest SOL/USDT trading volume , $753,103,225 as of September 2021. Next is Coinbase, with a trading volume of $343,872,841. Other options to trade Solana include FTX, Bilaxy and Huobi Global. Of course, it is important to note that investing in cryptocurrency comes with a risk, just like any other investment opportunity. To check Solana price live in the fiat currency of your choice, you can use CoinMarketCap’s converter feature directly on the Solana currency page, or the dedicated exchange rate converter page. Popular Solana price pairs include: SOL/USD, SOL/GBP , SOL/AUD, SOL/JPY and SOL/EUR .
Long
by Savvythe1
2
Hbar 400% plus profit potential End of the run target?Hello Traders, I wanted to put together this analysis on Hbar Hedera Hashgraph for you as this is a great project with an amazing team and partnerships behind it. As Hbar is holding this support line which was prior resistance and has recently broken out of a Symmetrical Triangle to the bullish side it seems as if the price action wants to continue to head upward to the targets that I have laid out for you in this chart. In this analysis I have placed a target showing what I believe the price will hit at minimum by the end of this run. This is based off of a few factors. First being that Hbar has been running in an upward channel for as far back as we can see the price action going. As we are currently riding the support trend line that we are sitting right now, this area will need to hold for this analysis to play out well. I do believe it will yet, we will wait and see. I have put some information together below on Hbar regarding the project fundamentals and where you might be able to invest in this asset. As always, have a green week, Savvy ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Fundamental Analysis HBAR Price Live Data The live Hedera price today is $0.394607 USD with a 24-hour trading volume of $264,766,667 USD. We update our HBAR to USD price in real-time. Hedera is down 4.63% in the last 24 hours. The current CoinMarketCap ranking is #35, with a live market cap of $5,926,576,124 USD. It has a circulating supply of 15,018,941,582 HBAR coins and a max. supply of 50,000,000,000 HBAR coins. If you would like to know where to buy Hedera, the top exchanges for trading in Hedera are currently Binance, Mandala Exchange, OKEx, FTX, and Huobi Global. You can find others listed on our crypto exchanges page. What Is Hedera (HBAR)? Hedera is the most used, sustainable, enterprise-grade public network for the decentralized economy that allows individuals and businesses to create powerful decentralized applications (DApps). It is designed to be a fairer, more efficient system that eliminates some of the limitations that older blockchain-based platforms face — such as slow performance and instability. It was funded through an initial coin offering (ICO) in August 2018 and first launched open access to its mainnet just over a year later in September 2019. As part of the ICO, investors were able to purchase the platform’s native utility token (HBAR) at the lowest possible pricing. The HBAR token has a dual role within the Hedera public network. First and foremost, HBAR the fuel that powers Hedera services, such as smart contracts, file storage and regular transactions. Second, it's used to help secure the network, since HBAR users can stake their tokens to assist with maintaining the integrity of the platform. Who Are the Founders of Hedera Hashgraph? Hedera Hashgraph has two founders: Dr. Leemon Baird and Mance Harmon. Dr. Leemon Baird is credited as the investor of the hashgraph distributed consensus algorithm and currently works as Hedera's chief scientist. Prior to founding Hedera Hashgraph, Baird accumulated more than a decade of experience in various computer science and security roles and previously worked as a senior research scientist at the Academy Center by Cyberspace Research. He also holds the position of co-founder and CTO at Swirlds Inc., a platform for building DApps. On the other hand, Mance Harmon is Hedera’s CEO and an experienced technology executive and seasoned entrepreneur. Harmon has around two decades of experience holding executive roles at prominent firms — many of which are in the IT security industry. Like Dr. Leemon Baird, Mance Harmon also holds a second position at Swirlds Inc., as its co-founder and CEO. In addition to the founders, the Hedera leadership team also comprises more than a dozen individuals, many of which have had distinguished careers. What Makes Hedera Hashgraph Unique? Unlike most other cryptocurrency platforms, Hedera Hashgraph isn’t built on top of a conventional blockchain. Instead, it introduces a completely novel type of distributed ledger technology known as a Hashgraph. This technology allows it to improve upon many blockchain-based alternatives in several key areas, including speed, cost, and scalability. Hedera transactions have an average transaction fee of just $0.0001 USD and typically reach finality in under five seconds. Overall, Hedera Hashgraph claims it can handle more than 10,000 transactions per second (TPS) — compared to the around 5-20 for most popular proof-of-work (PoW)-based blockchains. The platform offers several major network services. These include: A token service that allows users to easily configure and mint both fungible and non-fungible tokens (NFTs) on Hedera with just a few lines of code. A consensus service that acts as a layer of trust for any application or network that needs a secure, verifiable log of events. Smart contract tools that let developers build powerful and efficient decentralized applications. Decentralized file storage services with features include proof-of-deletion, controlled mutability, and time-based file expiry. Related Pages: Check out Ethereum (ETH) — the most popular blockchain for decentralized applications. Check out Polkadot (DOT) — another massively scalable blockchain. Learn about decentralized applications (DApps) with CoinMarketCap Alexandria. Have you seen the CoinMarketCap blog? How Many Hedera Hashgraph (HBAR) Coins Are There in Circulation? The Hedera Hashgraph token, HBAR, has a maximum total supply of 50 billion units. Out of this, almost seven billion were in circulation as of January 2021 — equivalent to around 14% of the total supply. Hedera publishes regular reports detailing when the next wave of HBAR tokens will be unlocked. These reports can be viewed here. According to Hedera's resources, the two project founders each have a coin grant of two billion HBARs, equivalent to 4% of the total supply each. These tokens are vested over a six-year period. Other senior executives at Hedera (that joined prior to 2018) have coin grants of between 250 million and 300 million coins. These tokens are vested over a period that ends in December 2021. According to Hedera's Economics Whitepaper (published June 2020), around 17.03 billion HBAR is estimated to be in circulation by 2025 — equivalent to 34% of the total supply. How Is the Hedera Hashgraph Network Secured? Hedera Hashgraph uses a novel consensus system known as Hashgraph consensus to keep its network secure. This uses a rotating governing council consisting of up to 39 highly diversified organizations that span across up to 11 different industries. These are involved with directing the Hedera codebase, voting on platform decisions and operating the initial nodes on the Hedera public network. Hedera uses a novel form of proof-of-stake (PoS) which allows HBAR users to stake their resources to help protect the network. Right now, all Hedera nodes are managed by either Hedera itself or the governing council members, but there are plans to switch to a permissionless system in the future. \ Overall, Hedera's security setup ensures it achieves "asynchronous” Byzantine fault tolerance (ABFT) — meaning it can guarantee both the timing and order of a set of transactions, even if some data is delayed or lost. Where Can You Buy Hedera Hashgraph (HBAR)? HBAR is a popular digital asset that is available to trade on several prominent exchange platforms, including Binance, Bittrex and Huobi Global. Some of the more popular HBAR trading pairs include HBAR/USDT, HBAR/BTC and HBAR/ETH, and there are also several fiat trading options for the cryptocurrency, including HBAR/USD, HBAR/KRW and HBAR/INR.
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by Savvythe1