The post HBAR Price is Up 53% as Hedera Board Member Brian Brooks Could Head US SEC appeared on BitcoinEthereumNews.com.

The HBAR price has taken a new turn for the good, gaining 53% value in the last 24 hours, exciting the community for further gains. In the last few days, this public blockchain network has been in the limelight due to its new collaboration, boosting the demand for the token. Now, the Hedera board member Brian Brooks is bringing this limelight to another level as he is nominated for the next US SEC Chair position. HBAR Price Skyrocketed With Rising Bets on Brian Brooks With Donald Trump’s promise to fire Gary Gensler, the current SEC Chair, the most hated personality in the crypto industry, the hunt is on for the next leader. In that, Trump has nominated the Hedera Board Member, Brian Brooks, which is raising excitement among Hedera holders, resulting in a 53% surge in the HBAR price. On the popular Khashi prediction site, the betting is on the next SEC Chair, and the possible candidates are Dan Gallaher (with 61% votes), Brian Brooks (12%), Paul Atkins (with 9%), and many others. With a surge in the Brooks votes, he has come second in rankings, as Donald Trump has nominated him twice for the US SEC chair position. More importantly, it is fueling the Hedera price rally, currently trading at $0.1362, with a market capitalization of $5.3B. Additionally, there is a 244% surge in trading volume, currently at $2.06B, showing rising interest in this token. However, this is not the only thing that has boosted the Hedera price, as it is up by 158% over the week and 168% over the month. A few crypto investors have called HBAR the Solana of 2024, considering its rising popularity. More importantly, its collaboration with major companies like the Nairobi Securities Exchange and Kenya’s primary securities exchange is helping with the hype.…

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Filed under: News - @ November 19, 2024 3:14 am