Hedera Analyst Thinks HBAR Will Easily 30X After Sinking 70% In 6 Months

Quick Summary:

Hedera Fundamentals Key To Driving Growth There are fundamental factors to consider that may propel HBAR, helping the token shake off weaknesses.

Early this month, Canary Capital released the first United States HBAR Trust.   Like Grayscale products, including the ETHE and GBTC, the HBAR Trust allows institutional investors to gain exposure to HBAR.

After HBAR, its native token, floated higher in September, the rejection of bulls in early October resulted in a double top.

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Article Details

Author / Journalist: Dalmas Ngetich

Category: Crypto

Markets: United KingdomKenyaUnited States

Topics: HBARUSDT BlackRock HBAR Hedera Cryptocurrency Market News HBAR Price Tokenization

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-09 @ 17:00:15 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 393 words

Reading Time: 3 minutes read

Sentences: 73 lines

Sentence Length: 6 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 22970190

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About NewsBTC

Main Topics: Crypto

Official Website: newsbtc.com

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