HederaHashgraph to see token unlock in March- Will it impact HBAR?
revealed in a post on 22 February that Hedera Hashgraph would unlock 6.28% of its supply on 1 March.unlock eventAlso, purchase agreements, network governance, and operations were expected to consume 0.67% and 1.11% of the unlock, respectively., the current circulating supply of Hedera was 26 billion. As per data from Token Unlocks, 50.61% of the entire supply has been made available, but 49.39% of the tokens were still locked.
Therefore, the volume of the locked tokens will be further decreased, and the volume of the circulating supply will be increased by the unlock event on 1 March.token’s price movement revealed that it had fallen for the previous four days. Even though the decline was insignificant, as of this writing, it has lost around 6.07% of its value. At press time, it was trading at roughly 0.082% and managed to hold onto a support level between $0.080 and $0.075.Furthermore, its Relative Strength Index indicated that it was still in a bull trend despite its price decrease . As of the time of writing, the RSI line was still above the neutral line, indicating a persistent bull trend.
The volume has been low for the most part, except for a few days in February that witnessed a slight increase. As of this writing, 44.2 million was observed on the volume metric.The development of the Hedera network has kept up despite its underwhelming price movement. The Development Activity indicator that was visible on Santiment revealed that there had been no indication of a drop. The measure was 119 as of the time of writing.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Women's Memorial March to take place in Prince GeorgeThe annual Women's Memorial March will take place on Thursday at the PG Courthouse
Read more »
Inquiry into Nova Scotia mass shooting to release final report on March 30 | Globalnews.caThe Mass Casualty Commission says the report will provide a detailed account of what happened as well as recommendations to improve community safety across Canada.
Read more »
Inquiry into Nova Scotia mass shooting to release final report on March 30The report will provide a detailed account of what happened as well as recommendations to improve community safety across Canada
Read more »
Inquiry into Nova Scotia mass shooting to release final report on March 30HALIFAX — The public inquiry that investigated the 2020 mass shooting in Nova Scotia announced today it will release its final report on March 30.
Read more »
CPM Group's outlook for gold and silver: March 2023Kitco News' contributed commentary features articles and opinions from some of the top experts in the gold industry.
Read more »
Inquiry into Nova Scotia mass shooting to release final report on March 30 | CBC NewsThe Mass Casualty Commission issued a statement saying the report will provide a detailed account of what happened as well as recommendations to improve community safety across Canada.
Read more »