๐ Crypto Update: Hedera Hashgraph (HBAR) has seen a sharp decline, dropping to $0.2483, mirroring the broader crypto market downturn. The total market cap of all coins now stands at $3.24 trillion. ๐
- Hedera's DeFi TVL has fallen from $209M to $165M, indicating investor pullout.
- Other chains like Cardano and Solana are also seeing capital flight.
- Despite this, Hedera's partnerships with IBM and Google, and its role in asset tokenization, offer long-term potential.
- Bullish patterns suggest a possible rebound to $0.3940.
Share your thoughts in the comments! Is Hedera poised for a comeback?