Here’s Why Hedera (HBAR) Prices Might Surge Ahead

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The HBAR Foundation has announced that it will be joining hands with the Dropper NFT in order to launch some services for them. Meanwhile, Its native token (HBAR)’s 24-hour trading volume has jumped by 30%.

Dropper to grant $5 mln grant to participants

The foundation mentioned that it will be deploying its support to launch Dropper’s gaming launchpad and marketplace on their Hedera Network. It added that the platform will work to move game developers, players, and streamers from Web2 into Web3. The users of the ecosystem will be able to take full benefit of the network’s efficiencies.

The foundation added that it will soon drop Dropper’s roster of partnerships related to the launch. While Dropper highlighted that they are giving out $5 million in grants to developers, esports teams and others who will launch NFT projects on the launchpad.

HBAR price up by 10%

After a tough month, the HBAR token’s price has jumped by over 10% in the last 24 hours. It is trading at an average price of $0.07, at the press time. It is holding a 24 hour trading volume of over $62.1 million. Meanwhile, the HBAR token is still holding a market cap of over $1.49 billion.

According to the release, the Dropper NFT launchpad will enable different kinds of participants to launch digital collectibles with no code and automated solutions. Meanwhile, Dropper will be offering developers a suite of APIs. This will lead the publishers to enable digital transactions within the games. However, it already owns a template of web tools that enable NFT transactions not just within the game but also in their web experience.

Earlier, HBAR declared its partnership with the HeadStarter. This integration allows the community to get access to the most emerging projects built on the Hedera network. However, it will also announce the users to support projects in public token raises.

Ashish believes in Decentralisation and has a keen interest in evolving Blockchain technology, Cryptocurrency ecosystem, and NFTs. He aims to create awareness around the growing Crypto industry through his writings and analysis. When he is not writing, he is playing video games, watching some thriller movie, or is out for some outdoor sports. Reach me at [email protected]
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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