#MarketRebound #HBARUSD $HBAR
HBAR is the native cryptocurrency of the Hedera Hashgraph network, a decentralized public network that utilizes a novel consensus algorithm called Hashgraph.
Here are some key features and facts about HBAR:
- *Consensus Algorithm:* Hashgraph is a voting-based consensus algorithm that is energy-efficient, fast, and secure.
- *Network:* Hedera Hashgraph is a decentralized public network that allows for the creation of decentralized applications (dApps).
- *Use Cases:* HBAR has various use cases, including:
- Payment settlements
- Decentralized finance (DeFi) applications
- Non-fungible tokens (NFTs)
- Gaming
- *Tokenomics:*
- Total supply: 50 billion HBAR
- Circulating supply: approximately 7.5 billion HBAR
- *Price:* The current price of HBAR is around $0.068, with a market capitalization of over $1.5 billion.
- *Partnerships:* Hedera Hashgraph has partnered with various organizations, including IBM, Nomura, and Samsung.
Overall, HBAR is an interesting cryptocurrency that has gained significant attention due to its unique consensus algorithm and decentralized network.