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Hedera (HBAR) Token Shines With 10% Weekly Gains When Market Suffers Downtrend

Hedera’s native token, HBAR, is currently in the green, while its counterparts in the crypto market are flat or recording losses on high timeframes. On-chain data shows the coin has been witnessing impressive performance this year.

Now trading at $0.08664, HBAR has seen a 24-hour price surge of nearly 9.3%. It also has a 62% 30-day price gain, a 34.4% 14-day increase, and a 7-day price rally of 29.90%. The token could see further profits in the coming days.

With the 7-day price surge of 29.90% at press time, HBAR is outshining the global crypto market, which is down by 6.90% weekly. According to Coingecko, HBAR has outperformed similar smart contracts platforms like Ethereum (ETH), Cardano (ADA), and Binance Coin (BNB), which have been down by 4% in the past seven days. 

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