When is HBAR all time high (ATH)?

Bittime - When is HBAR all time high (ATH)?

Hedera Hashgraph (HBAR) is the native token asset of the Hedera network, which is known as one of the popular methods of implementing distributed ledger technology (DLT). 

Different from traditional blockchain.

Hedera uses a unique algorithm called hashgraph, which offers much higher transaction speeds and better efficiency.

Read too Hedera (HBAR): Large Company Support, Tokenization, and Pricing

What is Hedera Hashgraph (HBAR)?

HBAR serves as a utility token on the Hedera network. 

This network is designed to provide a more efficient solution compared to blockchains such as Bitcoin and Ethereum. 

With the ability to process up to 10,000 transactions per second (TPS), Hedera offers advantages in terms of scalability and speed.

Advantages of HBAR as a Blockchain

No Mining: Hedera does not require a mining process, so the resulting environmental impact is much smaller, and is even carbon negative.

Low Transaction Fees: Fixed fee of $0.0001 per transaction, which is not affected by HBAR price fluctuations.

Security and Anonymity: Hashgraph provides security equivalent to blockchain, but with better performance.

Tokenomic HBAR

HBAR has a circulating supply of 22.9 billion out of a maximum total of 50 billion tokens. 

Since its launch in 2018, all tokens have been pre-minted, and distribution is planned. 

HBAR serves as an incentive for validators who participate in maintaining network security. 

Validators will earn HBAR in return for their contribution to securing the network.

Read too Latest HBAR prices to Rupiah

When HBAR Hits All Time High (ATH)

Launch Price: HBAR launched in March 2021 at $0.3244.

Lowest Price: The lowest price of HBAR was recorded in December 2022, namely $0.0369.

Highest Price: HBAR reached its highest price in September 2021, with a value of $0.5246.

Best Year: The best year for HBAR is 2024.

Worst Year: The worst year is recorded in 2022.

Best Month: The best month for HBAR is March.

Worst Month: The worst month was recorded in April.

ICO Price: HBAR launched with an ICO price of $0.1200 in 2018.

Source: Coinlore

Future Potential of HBAR

Hedera is attracting the attention of many large technology companies and investors because of its ability to offer the benefits of a blockchain-based ledger without the technical constraints that often hinder scalability. 

With partnerships with leading companies such as Google, Boeing, and IBM, HBAR has the potential to become one of the major players in the world of cryptocurrency.

Hedera also focuses on sustainability by using a more environmentally friendly Proof-of-Stake (PoS) mechanism compared to the more energy-intensive Proof-of-Work (PoW). 

This makes it an attractive choice for investors who care about environmental issues.

Conclusion

HBAR is a unique network-enabled cryptocurrency that overcomes many of the weaknesses inherent in blockchain-based DLT applications. 

The algorithms underlying Hedera Hashgraph and HBAR are relatively new and are being developed to overcome and build on the weaknesses of blockchain technology. 

However, challenges and inefficiencies may arise as the network grows, and it is important for investors to conduct thorough research before investing.

FAQ

What is HBAR Airdrop?

HBAR airdrop is a free distribution of HBAR tokens to certain cryptocurrency holders or qualified users. 

These airdrops are usually done to raise awareness about the Hedera project and encourage adoption.

What is ATH HBAR?

HBAR's ATH (All Time High) is the highest price ever reached by the HBAR token. HBAR reached an ATH of around $0.5246 in September 2021.

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Reference

Coinlore Hedera Hashgraph Data, Accessed December 7, 2024

Josiah Makori, What is Hedera and How Does the Hashgraph Work?, Accessed December 7, 2024 

Author: IN