Holochain is an energy efficient blockchain which develops decentralized Apps eliminating the scalability issues of existing blockchain. It is a cryptocurrency with an implementation of peer-to-peer networking which offers smart contracts. The platform users can own their own data, control their identity and can transact without centralized systems.
The native currency of the platform, HOT, received extensive interest among the traders when it spiked out of the box hitting ATH. Well, with the continued uptrend, do you want to enter the HOT community? Or if you are a holder, want to know how best your investments would grow?
Then, this piece of writing aims to provide you with the fundamentals and historic price movements in the past. Moreover, the upcoming price movements and price predictions in the market assist you to analyse your portfolio!
|Price(At the Press time)||$0.01574|
|Circulating Supply||169,164,199,065 HOT|
|All Time High||$0.03157 (April 05, 2021)|
|All Time Low||$0.0002189 (March 13, 2020)|
Fundamental Analysis of Holo
Holo is basically designed to bridge the gap between Holochain platform and the everyday end users. It is a decentralised web platform that uses peer-to- peer networking between users to process agent-centric agreement and consensus processes. The technology can be used in different areas and that is what makes it such an amazing and unique platform.
For transactions between two people within the network, it is not necessary to receive confirmation from network participants and record it on the blockchain. They can create their own chain and make payments within it.
Holochain Price Prediction 2021
With a slight increase in its price, Holochain was trading at $0.0006 during the start of January 2021. On a bullish note, the price started to grow. The price increased several fold hitting and breaking ATH’s multiple times in the month of March. The price hit Fresh ATH on April 05, 2021, at $0.03157. By the end of the year 2021, the prices may hit $0.07.
Holochain Price Prediction 2022
Holochain might continue the trade at $1 by early January 2022. With certain variations in price and experts’ influence it might reach $0.038. It may focus on the new partnerships. By the end of 2022, HOT might trade at $0.035 .
Price Prediction For The Next 5 Years
In 5 years, HOLO might grow in terms of adoption rate, partnerships, and developments. There is a wide scope that HOLO might succeed in the communication ecosystem.
HOLO is a coin for the common internet user, hence the probability of it growing is much more as compared to the other cryptocurrencies. In a 5 years time frame, HOLO might reach $0.05 or $0.1 amid extreme bullish trend.
Holochain Market Prediction
According to WalletInvestor, Holochain could jump from $0.0157 to $0.0216 in the coming year and hit $0.059 by the end of 2026.
Digital Coin Price
Digital Coin Price predicted by the end of 2022, HOT might reach $0.02646 and by 2024 it might reach $0.03871. By 2025, HOT is predicted to reach $0.04783.
This particular site gives cryptocurrency predictions based on different criteria and situations. To be on the optimistic side, they believe that HOLO might reach $0.03 and to be conservative they believe Holo might reach $0.035.
According to TradingBeasts, HOT can hit $0.02433 by the end of 2021 and may jump to hit $0.03811 by the end of 2026.
Our Holochain Predictions
Holochain started its 2021 journey with a trading price of $0.0006. The team members and the developers are highly qualified and are quick adopters of the latest technologies like BUIDL idea, which makes it evident that HOLO might gain a significant following because of keeping up with the trends and technology. At the end of 2021, Holchain might trade at $0.05 and could reach $0.09 in the near future.
Historic Market Sentiments
Holochain came into the market over the ICO process that took place between March and April in 2018. Over $20 million was raised through this campaign and therefore, it was considered quite a success. Several price variations attested to the success of the Holo HOT launch.
As at the time of the ICO, the Holo token was valued at $0.0001. However a week after the launch, the value of the coin went up to $0.002 and the market cap of the coin was fast reaching one third of one billion dollars.
The Holochain price surprisingly plummeted immediately and until 2019 came, Holo price ranged between $0.0003-0.0006. Holochain, however, rose a bit and then remained steady on that level.
January 2019 saw a slow start for the crypto. However in April 2020, the price increased a bit. In June Holochain broke its previous price records by reaching an All-Time-High.
The overall performance in the third quarter was not good as the Holochain’s price dropped slightly in three months. The value was clinging at $0.001 on July 1 that has dropped to the lowest level of $0.0007. The trend line of coin followed a steep path to $0.0006 by the end of December to finish with the 2019’s trade.
In the middle of January 2020, cryptocurrencies experienced a growth on another level and haven’t been through any kind of decline lately. The holo coin experienced its peak at $0.0021 and the market cap hit close to $300 million. The exchange rate plummeted once again to $0.0007 and the cap reduced by more than $100 million.
Having fallen from around $0.0006 in March 2020 to $0.0002, Holo returned to a steady bullish movement until August reaching around $0.0008. Since that point, Holo has been on a steady bearish descent and the price dropped to $0.0004 by the mid November. Later the price steadily started to move up due to the expansion of Bitcoin’s price rally. At the end of 2020, Holochain was trading at $0.0005.
Yes, the coin can reach $1 but not in 2021 based on prediction.
Yes, if you are looking to invest in Holo for the long term in the crypto market, then it has chances of being very profitable in the future.
If they gain enough popularity, the coin could become implemented by several companies and app creators because of its practicality and convenient nature.
Yes, Holochain is an open source protocol which uses peer to peer network.
No, Holochain cannot be mined because nodes on Holochain don’t store and validate the entire Blockchain.
HoloFuel is a Holochain based currency that is a contractual obligation, redeemable for hosting.
Holochain is a data integrity engine in which transactions are immutable and users control their own identity.
Holo is a market place and distributed hosting platform that allows Holochain application developers to have their applications hosted by Holohosts.