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    Hermes Protocol price

    Hermes Protocol priceHERMES

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    Hermes Protocol price calculator

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    HERMES
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    1 HERMES = 0.{4}6395 USD
    Last updated 2024-11-24 20:10:40(UTC-0)
    Buy HERMES

    Hermes Protocol price live data summary

    The live price of Hermes Protocol is $0.{4}6395 per (HERMES / USD) today with a current market cap of $0.00 USD. The 24-hour trading volume is $39.21 USD. HERMES to USD price is updated in real time. Hermes Protocol is -14.22% in the last 24 hours. It has a circulating supply of 0 .

    What is the highest price of HERMES?

    HERMES has an all-time high (ATH) of $57.5, recorded on 2024-05-07.

    What is the lowest price of HERMES?

    HERMES has an all-time low (ATL) of $0.{4}1849, recorded on 2024-11-01.
    Calculate Hermes Protocol profit

    Hermes Protocol price prediction

    What will the price of HERMES be in 2025?

    Based on HERMES's historical price performance prediction model, the price of HERMES is projected to reach $0.008798 in 2025.

    What will the price of HERMES be in 2030?

    In 2030, the HERMES price is expected to change by -20.00%. By the end of 2030, the HERMES price is projected to reach $0.01084, with a cumulative ROI of +16853.12%.

    Hermes Protocol ratings

    Average ratings from the community
    4.4
    100 ratings
    This content is for informational purposes only.

    About Hermes Protocol (HERMES)

    The Evolving World of Cryptocurrency: A Look into the historical significance and key features of Cryptocurrencies

    Since the birth of Bitcoin in 2009, cryptocurrencies have grown from a niche technological curiosity into an increasingly mainstream financial instrument. Built on a foundation of cryptographic security, decentralization, and digital scarcity, cryptocurrencies promise a level of economic freedom and security far removed from traditional financial systems.

    Historical Significance of Cryptocurrencies

    Before discussing the distinct features of cryptocurrencies, it's crucial to understand their historical significance. The emergence of cryptocurrencies was fueled by the financial crisis of 2008, aiming to offer an alternative to the existing, often unreliable, financial systems and centralized banks.

    Bitcoin, the first cryptocurrency, was created by the anonymous person or group of people using the pseudonym Satoshi Nakamoto. Nakamoto’s innovation did not just involve the creation of Bitcoin but also the underlying blockchain">blockchain technology – a decentralized ledger for peer-to-peer transactions embedded across a network of systems.

    Bitcoin's invention redefined the concept of money, paving the way for other cryptocurrencies, and introducing a new era in the financial industry. It was a real-life implementation of the decades-old idea of "crypto-cash," which envisaged a type of digital money that was as private and censorship-resistant as physical cash, but also did not require physical presence for transaction.

    Key Features of Cryptocurrencies

    Decentralization

    One of the key characteristics of cryptocurrencies is decentralization. Cryptocurrencies are not controlled by any central authority like a government or financial institution, making them immune to government interference or manipulation. This decentralization is achieved through blockchain technology, allowing cryptocurrencies to maintain a transparent ledger without the need for a regulating body.

    Security

    The technological architecture of cryptocurrencies entails advanced cryptography for security purposes; therefore, counterfeiting or double-spending is nearly impossible. Moreover, the users' identities are also protected through pseudonymous addresses, significantly increasing the privacy of transactions.

    Digital Scarcity

    Some cryptocurrencies, like Bitcoin, have a finite supply cap, thus lending them a concept of "digital scarcity." Much like gold or diamonds, this scarcity can drive value creation and preservation, as the demand-supply dynamic influences the prices of these cryptocurrencies.

    Peer-to-Peer Network

    Cryptocurrencies allow fast, secure transactions between parties directly, enabling peer-to-peer transactions without the need for a trusted intermediary like a bank. This reduces cost, increases efficiency, and allows for transactions across borders with ease.

    Programmable Money

    Lastly, cryptocurrencies can be programmed to perform functions or follow instructions upon specific conditions getting fulfilled. This programmability extends to creating digital contracts, shares, or proof of ownership, known as "smart contracts."

    Conclusion

    In a nutshell, the significance of cryptocurrencies lies in their potential to democratize finance by bypassing intermediaries, promoting transparency, and facilitating financial inclusion. Although cryptocurrencies are still in their early phase, they could have profound implications for how we think about, use, and manage money in the future.

    The introduction of innovations, like the BGB and the rise of decentralized finance (DeFi) platforms, further complements cryptocurrencies' evolution. With each passing day, cryptocurrencies continue to humble, if not entirely defy, economic theories and financial monopolies, suggesting a promising journey forward.

    Hermes Protocol price performance in USD

    24h7 days30 days90 days1 yearAll-time
    -14.22%-19.20%-3.48%-99.68%-99.76%-99.94%

    Hermes Protocol price history in USD

    The price of Hermes Protocol is -99.76% over the last year. The highest price of in USD in the last year was $57.5 and the lowest price of in USD in the last year was $0.{4}1849.
    TimeLowHigh
    24h$0.{4}6395$0.{4}8065
    7d$0.{4}6395$0.0005119
    30d$0.{4}1849$0.0005119
    90d$0.{4}1849$0.02021
    1y$0.{4}1849$57.5
    All-time$0.{4}1849(2024-11-01, 24 days ago )$57.5(2024-05-07, 202 days ago )

    Hermes Protocol market information

    Market cap
    --
    -14.22%
    Fully diluted market cap
    $6,394.88
    -14.22%
    Volume (24h)
    $39.21
    -96.30%
    Market rankings
    Circulation rate
    0.00%
    24h volume / market cap
    0
    Circulating supply
    0 HERMES
    Total supply / Max supply
    100,000,000 HERMES
    100,000,000 HERMES
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    How to buy Hermes Protocol(HERMES)

    Create Your Free Bitget Account

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    Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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    Buy Hermes Protocol (HERMES)

    Buy Hermes Protocol (HERMES)

    Use a variety of payment options to buy Hermes Protocol on Bitget. We'll show you how.

    Join HERMES copy trading by following elite traders.

    After signing up on Bitget and successfully buying USDT or HERMES tokens, you can also start copy trading by following elite traders.

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    FAQ

    What is the current price of Hermes Protocol?

    The live price of Hermes Protocol is $0 per (HERMES/USD) with a current market cap of $0 USD. Hermes Protocol's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Hermes Protocol's current price in real-time and its historical data is available on Bitget.

    What is the 24 hour trading volume of Hermes Protocol?

    Over the last 24 hours, the trading volume of Hermes Protocol is $39.21.

    What is the all-time high of Hermes Protocol?

    The all-time high of Hermes Protocol is $57.5. This all-time high is highest price for Hermes Protocol since it was launched.

    Can I buy Hermes Protocol on Bitget?

    Yes, Hermes Protocol is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy guide.

    Can I get a steady income from investing in Hermes Protocol?

    Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

    Where can I buy Hermes Protocol with the lowest fee?

    Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

    Where can I buy Hermes Protocol (HERMES)?

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    Cryptocurrency investments, including buying Hermes Protocol online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Hermes Protocol, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Hermes Protocol purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.

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