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Snoop Dogg’s Tune.fm Partnership Drives HBAR Token Surge: Up 10.9% in Previous 24 Hours

03.03.2025
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Hedera (HBAR) is using a wave of bullish momentum, surging 10.9% within the final 24 hours and reaching a excessive of $0.262 earlier than settling round $0.2477. Weekly positive factors now exceed 15%, with a 55% spike in buying and selling quantity, signaling elevated market participation.

On-chain knowledge additionally exhibits a web optimistic stream of $7.68 million, highlighting robust shopping for curiosity.

🚀 $HBAR is breaking out!
It simply moved above descending resistance, which is a key signal of a pattern change.
If it clears the subsequent resistance, the value may climb quick towards $0.40.🚀
Sturdy breakouts with good quantity usually result in greater strikes.
H/t @TheMoonCarl for the… pic.twitter.com/4pJbBfH0GQ

— Rananjay Singh (@TodayCryptoRj) March 1, 2025

On the time of writing, HBAR ranks eleventh by market capitalization at $10.3 billion, supported by a 6.89% each day improve.

The newest rally follows a broader crypto market uptrend, as buyers assess Bitcoin’s stability close to $86K, ETF actions, and upcoming U.S. crypto rules.

$HBAR is on fireplace!🔥 #Hedera flips $LTC and $LINK with a $9.68 Billion market cap, making it the eleventh #cryptocurrency globally! 🚀#HBAR simply broke its weekly excessive of $0.2253 and is now buying and selling at $0.2307, up 26%.
Is $1 on the horizon? 👀
Historic Bullish Patterns
➡In… pic.twitter.com/2rRPKn0alI

— Coinpedia Markets (@MarketCoinpedia) March 1, 2025

Snoop Dogg’s Tune.fm Partnership Fuels HBAR Demand

Snoop Dogg is making waves in blockchain music streaming by means of a high-profile partnership with Tune.fm, a decentralized platform constructed on the Hedera community.

His choice to launch unique music on the platform highlights Tune.fm’s distinctive worth proposition: larger income for artists in comparison with conventional streaming giants.

🔸 $HBAR soars 26.7% as @SnoopDogg companions with @tunefmofficial, a music platform on #Hedera!
🔸 Analysts eye $0.40 by March 2, whereas TuneFM’s $JAM token surges 222%!
Will the rally proceed?
Learn extra 👉🔗 https://t.co/lyErg0AzXK#CryptoPump #SnoopDogg

— Coin Version: Your Crypto Information Edge (@CoinEdition) March 1, 2025

Investor enthusiasm spiked following the announcement, resulting in a 222% worth surge in Tune.fm’s JAM token and renewed curiosity within the Hedera ecosystem.

The rapper has been vocal about Spotify’s unfair payout system, revealing he earned lower than $45,000 from a billion streams. Tune.fm goals to unravel this situation with on the spot crypto funds, making certain artists are compensated based mostly on precise streaming time—a mannequin that provides 100x larger income than legacy platforms.

  • Snoop Dogg joins Tune.fm, fueling Hedera’s music adoption.
  • JAM token skyrockets 222% after the announcement.
  • Snoop ditches Spotify over low payouts, selecting Tune.fm’s crypto mannequin.

With Snoop’s backing, Tune.fm is gaining mainstream consideration, reinforcing HBAR’s potential past finance and into leisure and creator economies. This adoption strengthens Hedera’s long-term outlook, attracting extra initiatives and institutional curiosity.

HBAR Value Evaluation: Bulls Check Key Resistance

HBAR is presently testing resistance at $0.2629, aligning with a descending trendline and the Fibonacci 0.382 retracement stage ($0.2636). A breakout above this stage may propel HBAR towards $0.3161 and $0.3542.

  • 50-day EMA at $0.2442 has was help, suggesting a shift in momentum.
  • Rejection at $0.2629 may result in a pullback towards $0.2211 (Fibonacci 0.5 stage) or $0.1787 (0.618 stage).
  • A each day shut above $0.2636 may reinforce a bullish continuation.

For now, HBAR stays in a breakout zone, with rising quantity and rising on-chain inflows. Traders are intently watching macro developments and market sentiment to gauge whether or not this momentum will maintain.

Finest Pockets Token ($BEST): Superior Crypto Administration & Excessive-Yield Staking

Finest Pockets Token ($BEST) powers Finest Pockets, a complicated digital asset administration platform designed for seamless crypto buying and selling and staking. Out there on Google Play and the App Retailer, Finest Pockets gives safe storage, real-time funding insights, and built-in staking, making it a best choice for each novices and seasoned buyers.

What Makes Finest Pockets Stand Out?

  • Early Entry to New Crypto Tasks – Customers can spend money on rising tokens earlier than they develop into broadly obtainable, maximizing potential returns.
  • Subsequent-Degree Safety – Constructed on Fireblocks’ MPC-CMP safety framework, making certain protected transactions and portfolio administration.
  • In depth Crypto Help – Over 1,000 cryptocurrencies are supported, providing a seamless expertise for various portfolios.
  • Newest Replace (v2.4.5): Customers can now declare tokens straight throughout the app, eliminating the necessity for third-party platforms.

Why Traders Are Bullish on $BEST

  • Excessive-Yield Staking Rewards – Earn as much as 150% APY on staked $BEST.
  • Sturdy Neighborhood Confidence – Over 176.8 million $BEST tokens staked, reflecting sturdy investor belief.
  • Rising Demand – $10.66 million raised, with rising curiosity forward of the subsequent worth improve.

With excessive staking rewards, robust backing, and superior expertise, $BEST is positioned as one of the vital promising utility tokens within the business.

The submit Snoop Dogg’s Tune.fm Partnership Drives HBAR Token Surge: Up 10.9% in Previous 24 Hours appeared first on Cryptonews.

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CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

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