Details about Polygon HBD cryptocurrency
€395
10,000,000
1
Unknown
https://polycub.com/farms
@FinanceLeo
161144x
€121972
Polygon HBD price charts
PHBD exchanges
Polygon HBD, the crypto
Polygon HBD (PHBD) is a cryptocurrency that is a stablecoin, which means its value is pegged to the US dollar. It runs on the Polygon network, which is a Layer 2 scaling solution for Ethereum.
The point
The main point of Polygon HBD (PHBD) is to provide a stablecoin on the Polygon network that is fast, low-cost, and easy to use. It's intended to be a suitable currency for purchasing goods and services, and for use in decentralized finance (DeFi) applications.
The problem
Polygon HBD (PHBD) tries to solve the problem of high transaction fees and slow confirmation times on the Ethereum network. By using Polygon as its underlying network, PHBD can offer much faster and cheaper transactions, while still maintaining stability in its value through its peg to the US dollar.
Compare PHBD and BTC performance
| Timeframe | PHBD | BTC |
|---|---|---|
| 1h change | 0 % | -0.362298 % |
| 24h change | 0 % | 0.191965 % |
| 7 day change | 8.06 % | 5.14263 % |
| 14 day change | 4.22 % | -4.62188 % |
| 30 day change | 3.48 % | 3.50302 % |
| 200 day change | -10.15 % | 136.233 % |
| Year change | -14.97 % | 149.635 % |