Market Cap
$3,775,433.7
Fully Diluted Valuation
$6,335,158.8
24 Hour Trading Vol
$60,261.3
Circulating Supply
19,953,054.0
Total Supply
33,481,124.4
Max Supply
∞
Hydra Price
$0.189
24h Range
$0.188 - $0.190
Percent Change 1h
-0.28%
Percent Change 24h
-0.17%
Percent Change 7d
-8%
All-time high
$0
All-time low
$0
1D
7D
1M
1Y
All
Hydra (HYDRA) is a cutting-edge decentralized blockchain platform designed to enhance scalability and transaction speed, catering particularly to decentralized finance (DeFi) and gaming applications. Launched in 2019, Hydra aims to provide users with a more efficient and cost-effective alternative to traditional blockchain infrastructures. With a focus on privacy and security, Hydra utilizes a unique consensus mechanism known as the Hydra Protocol, which allows for high throughput, low latency, and minimal transaction costs. By enabling smart contracts and decentralized applications (dApps), Hydra is positioned as a robust solution for developers and users seeking to leverage blockchain technology.
The founding team of Hydra comprises blockchain experts and tech entrepreneurs, including Rostislav Kovalchuk, Viktor Shkoda, and Oleg Churilov. Their diverse backgrounds in software development, cryptography, and finance have contributed to the creation of a resilient platform that addresses scalability and user experience challenges in the blockchain space. The founders are committed to fostering an open-source community around Hydra, encouraging collaboration and continuous innovation.
Hydra operates on a unique consensus mechanism that combines elements of Proof of Stake (PoS) and Directed Acyclic Graph (DAG)
In addition, Hydra employs a sharding technique, dividing the network into smaller, manageable segments that can process transactions independently. This architecture not only improves efficiency but also ensures that the network can handle thousands of transactions per second, making it suitable for high-demand applications.
Hydra offers a variety of use cases, particularly in sectors where speed and security are paramount:
Ensuring the security of your Hydra holdings involves several best practices:
Investing in Hydra (HYDRA) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy Hydra: Once your account is funded, you can purchase Hydra directly from the exchange. Choose the desired amount and complete the transaction.
Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in Hydra using Botsfolio, follow these steps:
Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.
Hydra (HYDRA) is currently trading at $0.189 and exhibits good potential for future growth. Check the latest Hydra (HYDRA) price prediction.
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