Nvidia hoax costs Hedera $1 billion in market value

Distributed ledger cryptocurrency platform Hedera HBAR HBAR - $0.165720500140619 has suffered a massive capital outflow of almost $1 billion after it turned out that news of a collaboration with semiconductor giant Nvidia (NASDAQ: NVDA) was a hoax.

Source: finbold.com

Related symbols: HBARUSD

2025-04-09 15:53:01 GMT.

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Price & Market Data

Price: $0.165720500140619

Volume 24h: $145,074,418.15

Market Cap: $6,998,153,257.11

Description

Hedera (HBAR) is a cryptocurrency launched in 2017. Hedera has a current supply of 50,000,000,000 with 42,228,651,561.92555154 in circulation. The last known price of Hedera is 0.16552662 USD and is up 3.01 over the last 24 hours. It is currently trading on 336 active market(s) with $145,754,418.48 traded over the last 24 hours. More information can be found at https://www.hedera.com/.