{"id":548110,"date":"2023-08-20T10:13:43","date_gmt":"2023-08-20T10:13:43","guid":{"rendered":"https:\/\/uniquehot.com\/?p=548110"},"modified":"2023-08-20T10:13:43","modified_gmt":"2023-08-20T10:13:43","slug":"hedera-hbar-rises-as-weekends-top-50-sole-gainer-with-14-rally","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/hedera-hbar-rises-as-weekends-top-50-sole-gainer-with-14-rally\/","title":{"rendered":"Hedera (HBAR) Rises As Weekend’s Top 50 Sole Gainer With 14% Rally"},"content":{"rendered":"

Hedera (HBAR), despite the very unpredictable cryptocurrency market, has demonstrated its ability to defy trends by recording more than 14% increase<\/a> on its price chart, Sunday.<\/p>\n

Hedera has not only held its place despite the volatile circumstances that frequently affect other digital assets, but has also shown steady resilience.<\/p>\n

At the time of writing, HBAR emerged as the only crypto in the top 50 ranking with the highest increase<\/a> in the seven-day timeframe at 15%. Trading at $$0.063, HBAR only sustained a very minor 1.1% loss in the last 24 hours.<\/p>\n

Given that the majority of cryptocurrencies have had significant weekly falls, which have been further exacerbated by the latest market collapse, this is of utmost importance.<\/p>\n

Related Reading: Ordinals Sales In Freefall: 97% Decrease Sparks Worries About Bitcoin NFT\u2019s Extinction<\/a><\/div>\n

Hedera: Weekend Rout Top Performing Crypto<\/strong><\/h2>\n

\"\"<\/p>\n

HBAR weekend price action . Source: Coingecko<\/a><\/pre>\n
The cryptocurrency market took a major beating\u00a0on Friday, causing a broad slump and more than $1 billion in liquidations. The most popular cryptocurrency, Bitcoin, experienced a swift decline of nearly 10% in just a few hours, falling to a two-month low of $25,600.<\/p>\n
Since the collapse of the FTX crypto\u00a0exchange in November, this was the alpha coin’s most challenging week. The incident highlights how intertwined the crypto industry is and how a substantial decline in one key asset can have a ripple effect across the market.<\/p>\n
<\/p>\n
HBAR market cap reaches $2.11 billion on the weekend chart: TradingView.com<\/a><\/pre>\n
Hedera saw a notable increase in trade volume, which rose by a staggering 60% over night to reach an outstanding total of $220,755,864. This increase in trading activity is a sign of greater market engagement and interest, which may indicate a change in the way the market feels about the currency.<\/p>\n
Additionally, the examination of Hedera’s price patterns using its technical indicators and moving averages displays a convincing sequence of strong buy signals.<\/a> This line-up of indicators supports the idea that market forces are advantageously positioned to promote the price growth of Hedera.<\/p>\n
Bright Prospects For HBAR<\/strong><\/h2>\n
Analysts are continuing to have a bullish stance on Hedera’s prospects in light of these significant developments. They have reason to be optimistic since they anticipate a price increase that might push Hedera’s value up to the anticipated target of $0.065 by the end of August.<\/p>\n
\"\"<\/p>\n
HBAR weekly price performance. Source: CoinMarketCap<\/a><\/pre>\n
Partnerships And Adoption<\/strong><\/h3>\n
The HBAR price surge coincided with the integration of Dropp, a micropayments platform based on the Hedera Hashgraph, to the FedNow instant payments system operated by the US Federal Reserve.<\/p>\n
The pricing increase also follows a recent press release touting Hedera’s partnership with Validation Cloud.<\/a> The integration intends to increase Ethereum Virtual Machine (EVM) developers’ interest in the Hedera network.<\/p>\n
Related Reading: Litecoin Price Plunges To Sub-$70 Territory \u2013 What Traders Should Expect<\/a><\/div>\n
Meanwhile, Hyundai and Kia, two well-known names in the automotive sector, are enthusiastically adopting the Hedera network, marking yet another outstanding benchmark in platform adoption.<\/p>\n
Significantly, the news that these auto industry heavyweights will be using a Hedera network-based artificial intelligence system to monitor carbon footprints throughout their supply chain has boosted trust and confidence in the platform’s prospects.<\/p>\n
(This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk).<\/em><\/p>\n
Featured image from US Army<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"
Hedera (HBAR), despite the very unpredictable cryptocurrency market, has demonstrated its ability to defy trends by recording more than 14% increase on its price chart, Sunday. Hedera has not only held its place despite the volatile circumstances that frequently affect other digital assets, but has also shown steady resilience. At the time of writing, HBAR emerged as the only crypto in the top 50 ranking with the highest increase in the seven-day timeframe at 15%. Trading at $$0.063, HBAR only sustained a very minor 1.1% loss in the last 24 hours. Given that the majority of cryptocurrencies have had significant weekly falls, which have been further exacerbated by the latest market collapse, this is of utmost importance. Related Reading: Ordinals Sales In Freefall: 97% Decrease Sparks Worries About Bitcoin NFT\u2019s Extinction Hedera: Weekend Rout Top Performing Crypto HBAR weekend price action . Source: Coingecko The cryptocurrency market took a major beating\u00a0on Friday, causing a broad slump and more than $1 billion in liquidations. The most popular cryptocurrency, Bitcoin, experienced a swift decline of nearly 10% in just a few hours, falling to a two-month low of $25,600. Since the collapse of the FTX crypto\u00a0exchange in November, this was the alpha coin’s most challenging week. The incident highlights how intertwined the crypto industry is and how a substantial decline in one key asset can have a ripple effect across the market. HBAR market cap reaches $2.11 billion on the weekend chart: TradingView.com Hedera saw a notable increase in trade volume, which rose by a staggering 60% over night to reach an outstanding total of $220,755,864. This increase in trading activity is a sign of greater market engagement and interest, which may indicate a change in the way the market feels about the currency. Additionally, the examination of Hedera’s price patterns using its technical indicators and moving averages displays a convincing sequence of strong buy signals. This line-up of indicators supports the idea that market forces are advantageously positioned to promote the price growth of Hedera. Bright Prospects For HBAR Analysts are continuing to have a bullish stance on Hedera’s prospects in light of these significant developments. They have reason to be optimistic since they anticipate a price increase that might push Hedera’s value up to the anticipated target of $0.065 by the end of August. HBAR weekly price performance. Source: CoinMarketCap Partnerships And Adoption The HBAR price surge coincided with the integration of Dropp, a micropayments platform based on the Hedera Hashgraph, to the FedNow instant payments system operated by the US Federal Reserve. The pricing increase also follows a recent press release touting Hedera’s partnership with Validation Cloud. The integration intends to increase Ethereum Virtual Machine (EVM) developers’ interest in the Hedera network. Related Reading: Litecoin Price Plunges To Sub-$70 Territory \u2013 What Traders Should Expect Meanwhile, Hyundai and Kia, two well-known names in the automotive sector, are enthusiastically adopting the Hedera network, marking yet another outstanding benchmark in platform adoption. Significantly, the news that these auto industry heavyweights will be using a Hedera network-based artificial intelligence system to monitor carbon footprints throughout their supply chain has boosted trust and confidence in the platform’s prospects. (This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk). Featured image from US Army<\/p>\n","protected":false},"author":557,"featured_media":548127,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,6664,66253,83784],"class_list":["post-548110","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-crypto","tag-hbar","tag-hedera"],"acf":[],"yoast_head":"\nHedera Rises As Weekend's Top 50 Sole Gainer With 15% Rally<\/title>\n<meta name=\"description\" content=\"Hedera (HBAR), despite the very unpredictable cryptocurrency market, has demonstrated its ability to defy trends by recording more than 14% increase on\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/uniquehot.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Hedera (HBAR) Rises As Weekend’s Top 50 Sole Gainer With 14% Rally","url":"http:\/\/uniquehot.com\/news\/hedera-hbar-rises-as-weekends-top-50-sole-gainer-with-14-rally\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/hedera-hbar-rises-as-weekends-top-50-sole-gainer-with-14-rally\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/08\/a-113.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/08\/a-113.png?fit=841%2C424"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","crypto","hbar","hedera"],"dateCreated":"2023-08-20T10:13:43Z","datePublished":"2023-08-20T10:13:43Z","dateModified":"2023-08-20T10:13:43Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Hedera (HBAR) Rises As Weekend’s Top 50 Sole Gainer With 14% Rally\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/hedera-hbar-rises-as-weekends-top-50-sole-gainer-with-14-rally\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/hedera-hbar-rises-as-weekends-top-50-sole-gainer-with-14-rally\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/a-113.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/a-113.png?fit=841%2C424\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"crypto\",\"hbar\",\"hedera\"],\"dateCreated\":\"2023-08-20T10:13:43Z\",\"datePublished\":\"2023-08-20T10:13:43Z\",\"dateModified\":\"2023-08-20T10:13:43Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/08\/a-113.png?fit=841%2C424","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/548110"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=548110"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/548110\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/548127"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=548110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=548110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=548110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}