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Hedera Hashgraph Proposes Emergency Token Lock to Save Tanking Price

Published 12/26/2019, 07:56 AM
Updated 12/26/2019, 09:01 AM
Hedera Hashgraph Proposes Emergency Token Lock to Save Tanking Price

Hedera Hashgraph (HBAR), one of the projects presented as a promising network to rival the best blockchains, has met the most common fate of crypto startups - a tanking token price.

The HBAR token started trading at $0.15 in September, and quickly wiped out most of its value. HBAR now hovers around $0.014, wiping out 90% of the value, with dwindling volumes.

https://twitter.com/CryptoDataHound/status/1207619330126434305

HBAR only allowed a very brief period in which to sell tokens and make a very small potential profit. The ICO price of HBAR was relatively high, hurting investors even more. Now, the token has a large community with skin in the game, expecting a miraculous recovery, or at least a bounce from the rock-bottom prices.

But HBAR may be pressured by fears that altcoin projects may continue dum...

This article appeared first on Cryptovest

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