The price of Hedera (HBAR) has been on a downward trend for the past few weeks, with a significant drop of 1.8% in the last 24 hours. This decline can be attributed to several factors, including market sentiment, regulatory concerns, and competition from other blockchain platforms. Hedera’s price drop is not isolated. The broader cryptocurrency market has been experiencing a downturn, with Bitcoin (BTC) and Ethereum (ETH) also experiencing significant price drops.
* **Purpose:** TFUEL is the native token of the Theta Network, used for various functions within the network. * **Functionality:** TFUEL powers video delivery and streaming, incentivizes resource sharing, and provides a revenue stream for content creators and network participants. * **Distribution:** TFUEL is distributed through various methods, including staking, mining, and airdrops.