HBAR Crashes After Surge Sparked by BlackRock Tokenisation Rumours

HBAR’s price skyrocketed by 105% due to misconceptions that BlackRock was involved in a tokenisation project with Hedera. The actual tokenisation of BlackRock’s US Treasury money market fund was conducted by Archax in partnership with Hedera, leading to initial investor confusion. Despite a subsequent 36% drop after clarifications, HBAR’s price remains 32% higher, fuelled by…