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HBAR price down 88% but closer to recovery than most 2021 crypto rivals despite supply challenges.

Market News
06 Nov 2026, 11:51 WIB
Dailycoin
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Neutral
HBAR price down 88% but closer to recovery than most 2021 crypto rivals despite supply challenges.

HBAR has dropped about 88% from its 2021 peak but is still performing better than most top cryptocurrencies from that year, many of which have fallen over 90%. An analyst notes that while HBAR’s price recovery is possible, it faces a bigger challenge due to a more than tripled token supply since its peak, making a return to its former price a tougher valuation hurdle. The token would need to rise roughly eightfold from current levels to reach its previous high, but increased supply means the market capitalization required for that price is much higher. This highlights the difference between recovering token price and network valuation for investors.

HBAR is currently priced at Rp1.233 on Pluang, down 6.39% over the past day. As of Nov 06, 2026 17:02 WIB, its market cap stands at Rp54.73 trillion with a 59% sell order activity, indicating cautious sentiment among traders.

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