Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»ALTCOIN NEWS»HBAR price nears $0.10: Could the next US election be on Hedera?
ALTCOIN NEWS

HBAR price nears $0.10: Could the next US election be on Hedera?

By Crypto FlexsNovember 16, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
HBAR price nears alt=
Share
Facebook Twitter LinkedIn Pinterest Email
  • The DOGE department is considering implementing Hedera for the next US election.
  • Hedera’s HBAR altcoin hit a new three-month high, adding $0.10 to its cards.
  • Two on-chain signs are screaming bullish for HBAR, but a market correction is expected.

Hedera Hashgraph (HBAR) is showing strength again this Friday as most major cryptocurrencies are trading sideways. HBAR, the native altcoin behind Hedera’s distributed ledger technology, sparked a rally of more than 7 cents and immediately claimed a new three-month high HBAR price of $0.072.

Will HBAR lead the next presidential election?

Hedera Hashgraph’s X hint is rumored to be being considered to power the first paperless election voting. Donald Trump is secretly holding discussions with Elon Musk’s Department of Government Effectiveness (DOGE) focused on an identity verification system, according to people familiar with the matter.

🚨Breaking News

Trump and DOGE are exploring a federal blockchain-based election voting and identity system!

The system is built through a partnership between X, CARDANO, Hyperledger, and Hedera. pic.twitter.com/KkU7G7A7if

– Sebi🦁 (@Av_Sebastian) November 14, 2024

The quest to build an election vote based on blockchain technology is reportedly a collaboration between Hedera, Cardano, X, and Hyperledger. If the project gets off the ground, the Department of Government Effectiveness will pursue legislation to implement an electronic voting platform in all 50 states. This will eliminate fraud and fix the voting process in swing states where votes need to be recalculated.

How far is HBAR price from the $0.10 target?

Although intraday trading has wiped out the three-month high of $0.072, the altcoin price is still in a bullish position judging by several on-chain indicators. For example, the True Strength Index (TSI) is between 17 and 19, which means that HBAR’s buyers are overwhelming its sellers.

Hedera (HBAR) price chart in 4-hour intervals on TradingView.
Today’s HBAR price chart on TradingView is on a 4-hourly basis.

Bullish HBAR price momentum is solidified by the Rainbow Oscillator, which determines the ongoing cryptocurrency price trend by calculating the highs and lows of a specific trading period. The widening distance between the green and red curves of this technical instrument suggests a continuation of the current HBAR price trend.

Both on-chain signals favor a northerly trajectory for Hedera, but other factors must also be considered. To name a few, the fate of the HBAR ETF led by Canary Capital in the US this week could act as a huge game changer. Volume could be contributing to a broader rally, as HBAR price is 88% below its all-time high of $0.56.

On the flip side

  • If the newly elected U.S. government goes ahead with this plan, it would not be the first example of blockchain-based political voting.
  • A few months ago, Tron’s Justin Sun became prime minister of Liberland, a small country in the disputed territory between Croatia and Serbia.

Why This Matters

Hedera Hashgraph’s utility cases range from Google Cloud computing services to tracking Kia and Hyundai carbon emissions, making the native network’s altcoin a very attractive long-term investment.

Check out DailyCoin’s latest cryptocurrency news:

XRP surpassed $0.81 amid rumors of SEC reorganization. Will Gensler be kicked out?
18 states sue SEC over “indefensible” cryptocurrency enforcement actions

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Crypto Market Rebound, L2 Surge and ZEC Shock: Daily Insights

October 16, 2025

The throat is falling, but the jupnet and ajup spark recovery reduce the potential

October 2, 2025

The method of transforming ASTER WHALES into panic is as follows.

September 25, 2025
Add A Comment

Comments are closed.

Recent Posts

XRP And BlackchainMining Are Giving Away A Massive $77.77 Million Bonus!

October 22, 2025

Phemex Upgrades Rewards Hub With $15,000 Package And Mystery Box System

October 22, 2025

Alps Blockchain Announces Corporate Rebranding To Alps

October 22, 2025

Why Most Crypto Cities Fail: The Surprising Reason Revealed

October 22, 2025

A retail rail can push $2 million a day out of the chain.

October 22, 2025

Bitcoin Futures Traders Return to Pumping BTC: Will It Last?

October 21, 2025

Bank of England to introduce stablecoin regulations by 2026

October 21, 2025

LayerZero Outlook: ZRO Price Imminent Ahead of $43 Million Token Unlocking.

October 21, 2025

Bombastic Casino Unveils New Design And Enhanced Features

October 21, 2025

Leading A New Era Of AI Model Training And Digital Computing Power Contracts

October 21, 2025

Earn 15% APR With Flexible Redemption And Up To 2,926 USDT

October 21, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

XRP And BlackchainMining Are Giving Away A Massive $77.77 Million Bonus!

October 22, 2025

Phemex Upgrades Rewards Hub With $15,000 Package And Mystery Box System

October 22, 2025

Alps Blockchain Announces Corporate Rebranding To Alps

October 22, 2025
Most Popular

This pattern on the USDT dominance chart indicates a big move in the altcoin market.

October 3, 2024

Gemholic, who was recently accused of rug pulling after transferring $3.3 million in recovered funds, has disappeared from social media.

June 8, 2024

Cryptocurrency wallet address: what it is and how to create one

January 16, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.