Hermez Network (HEZ) Price Reaches $4.50

Hermez Network (HEZ) traded up 0.1% against the US dollar during the 24 hour period ending at 18:00 PM E.T. on May 17th. One Hermez Network coin can now be purchased for about $4.50 or 0.00014765 BTC on popular exchanges. Hermez Network has a market cap of $21.13 million and approximately $192,332.00 worth of Hermez Network was traded on exchanges in the last day. Over the last seven days, Hermez Network has traded down 13.9% against the US dollar.

Here is how other cryptocurrencies have performed over the last day:

  • BITCOIN ADDITIONAL (BTCA) traded 1% higher against the dollar and now trades at $30,446.25 or 1.00004313 BTC.
  • Binance USD (BUSD) traded down 0% against the dollar and now trades at $1.00 or 0.00003285 BTC.
  • Crypto.com Coin (CRO) traded up 5% against the dollar and now trades at $0.41 or 0.00001075 BTC.
  • Parkgene (GENE) traded flat against the dollar and now trades at $25.59 or 0.00045023 BTC.
  • DREP (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • Dai (DAI) traded up 0% against the dollar and now trades at $1.00 or 0.00003287 BTC.
  • Polygon (MATIC) traded 4.3% higher against the dollar and now trades at $0.73 or 0.00002383 BTC.
  • THETA (THETA) traded flat against the dollar and now trades at $5.25 or 0.00010640 BTC.
  • FTX Token (FTT) traded down 0.6% against the dollar and now trades at $32.06 or 0.00105304 BTC.

About Hermez Network

Hermez Network 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. The official message board for Hermez Network is blog.hermez.io. Hermez Network’s official website 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 purchase alternative cryptocurrencies such as Hermez Network directly using U.S. dollars. Investors seeking to acquire Hermez Network should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Hermez Network using one of the exchanges listed above.

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