Hermez Network (HEZ) Reaches Market Cap of $31.28 Million

Hermez Network (CURRENCY:HEZ) traded up 5.3% against the dollar during the 24 hour period ending at 16:00 PM E.T. on November 25th. During the last seven days, Hermez Network has traded 11% higher against the dollar. Hermez Network has a total market capitalization of $31.28 million and approximately $1.95 million worth of Hermez Network was traded on exchanges in the last 24 hours. One Hermez Network coin can now be purchased for about $6.65 or 0.00011287 BTC on popular exchanges.

Here is how other cryptocurrencies have performed during the last 24 hours:

  • Crypto.com Coin (CRO) traded 13.1% lower against the dollar and now trades at $0.79 or 0.00001346 BTC.
  • Polygon (MATIC) traded 0.1% higher against the dollar and now trades at $2.00 or 0.00003275 BTC.
  • Binance USD (BUSD) traded down 0% against the dollar and now trades at $1.00 or 0.00001696 BTC.
  • Polygon (MATIC) traded 9.1% higher against the dollar and now trades at $1.85 or 0.00003144 BTC.
  • Chainlink (LINK) traded 4.4% higher against the dollar and now trades at $26.62 or 0.00045155 BTC.
  • Decentraland (MANA) traded down 0.1% against the dollar and now trades at $5.14 or 0.00008717 BTC.
  • Axie Infinity (AXS) traded 0.9% lower against the dollar and now trades at $140.17 or 0.00237755 BTC.
  • Parkgene (GENE) traded up 2,618,096.3% against the dollar and now trades at $25.59 or 0.00045023 BTC.
  • THETA (THETA) traded up 10.2% against the dollar and now trades at $7.35 or 0.00012475 BTC.
  • FTX Token (FTT) traded 4% higher against the dollar and now trades at $52.13 or 0.00088420 BTC.

Hermez Network Profile

Hermez Network (CRYPTO:HEZ) is a coin. Hermez Network’s total supply is 100,000,000 coins and its circulating supply is 4,700,000 coins. Hermez Network’s official Twitter account is @hermez_network. Hermez Network’s official message board is blog.hermez.io. The official website for Hermez Network is hermez.io.

According to CryptoCompare, “Founded on October 15th, 2020 and based in Zug, Switzerland, Hermez Network is a decentralized zk-rollup focused on scaling payments and token transfers on top of Ethereum. One of the most important things about Hermez is the way it decides who the next block creator should be, as block creators are selected via a burn auction, except rather than burning tokens, a 40% of the winning bid goes back to be reinvested in Ethereum public goods through Gitcoin quadratic funding grants. In the Hermez Network this mechanism is referred as proof-of-donation because a significant fraction of this bid is donated to the protocols and social services that run on top of Ethereum. Hermez Network is developed by idem3 “

Hermez Network Coin Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Hermez Network directly using U.S. dollars. Investors seeking to acquire Hermez Network should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Hermez Network using one of the aforementioned exchanges.

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