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Hedera Hashgraph (HBAR) Token Tanks by 90%, Startup Seeks to Pivot

Published 10/02/2019, 03:34 AM
Updated 10/02/2019, 04:41 AM
© Reuters.   Hedera Hashgraph (HBAR) Token Tanks by 90%, Startup Seeks to Pivot

Hedera Hashgraph (HBAR), a project that launched to much fanfare and was listed to multiple exchanges, is battling the biggest risk on the crypto markets - extreme volatility. HBAR has already lost more than 90% of its value, sinking from a peak of $0.36 down to $0.03.

HBAR is still in the price discovery stage, with no clearly calculated market cap, hovering among the most obscure coins and tokens. The price fell from 3,575 Satoshi, down to 440 Satoshi, with still no signs of recovery.

Despite the listings on Upbit and Binance, HBAR seems to be reeling from its first impact with crypto markets. Despite being headed by Harvard economists, the token still behaved ...

This article appeared first on Cryptovest

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