Hedera's HBAR Doubles, Then Falls 25%, as BlackRock Links Diminish

Hedera's native HBAR token surged by more than 107% on Tuesday as investors believed that BlackRock was involved in a fund tokenization project on the Hedera blockchain, the token then slumped by more than 25% as BlackRock turned out to have no involvement in the launch.

Apr 24, 2024 - 11:50
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Hedera's HBAR Doubles, Then Falls 25%, as BlackRock Links Diminish
Hedera's native HBAR token surged by more than 107% on Tuesday as investors believed that BlackRock was involved in a fund tokenization project on the Hedera blockchain, the token then slumped by more than 25% as BlackRock turned out to have no involvement in the launch.

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