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Hedera Rallies Following Entry Into The Metaverse Space

Twitter icon  •  Published 2 years ago  •  Hassan Maishera

Hedera is the latest cryptocurrency project to enter the metaverse space, leading its HBAR coin to rally

The HBAR Foundation, the team behind the Hedera blockchain development, partnered with MetaVRse, a web-based 3D creation platform. The partnership will result in the development of metaverse-related applications on the Hedera blockchain.

Hedera’s entry into the metaverse space is the major catalyst behind the HBAR coin rallying over the past few hours. HBAR has added more than 13% to its value in the past 24 hours and is now trading at $0.269 per coin.

Hedera Hashgraph is distributed public ledger infrastructure, with the team claiming it is the only public blockchain suited for the security and stability requirements of big businesses.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.