Holo Price Prediction 2023-2030: Will HOT Reach $1?
Holo Price Prediction: Here we’ll try to predict the HOT token’s prices for the upcoming years. Is it s good investment? Continue reading to find out.
Holo Past Performance
- Last 5 days: +0.6%
- Last 1 month: +11.5%
- Last 6 months: +10.1%
- Last 1 year: -58.3%
Holo Price Prediction Today
|Overall Outlook||Partially Bullish|
|1. Market's Wisdom||Neutral|
|1a. Market Data||Partially Bearish|
|1b. Technical Recommendation||Buy|
|2. Crowd's Wisdom||Partially Bullish|
|2a. Social Media Buzz||Higher|
|2b. Social Media Sentiment||Neutral|
Holo Price Prediction: Is HOT a Good Investment?
Holo is a distributed platform for hosting decentralized applications built using Holochain. It serves as a bridge between the internet and apps built using Holochain, offering an ecosystem and marketplace for easy accessibility.
HOT is an ERC-20 token which is the native token of the Holo network. The token has a total supply of 177,619,433,541 tokens and out of which 173,342,974,127 tokens are already in circulation. The following are the use cases of the HOT token:
- HOT tokens serve as a means of exchange within the Holo ecosystem.
- HOT tokens can be used to pay for hosting services on the Holo network, which includes hosting decentralized applications (DApps) built on Holochain.
- HOT tokens can be bought and sold on cryptocurrency exchanges like other cryptocurrencies, allowing for trading.
- Holding HOT tokens may allow individuals to participate in decision-making processes for the Holo ecosystem in the future.
- Holo acts as a bridge between Holochain and everyday users, enabling the hosting of P2P apps on the internet for mainstream users.
- Holo network relies on hosts who provide storage and processing power for DApps built using Holochain, in exchange for payment in HoloFuel.
- The platform offers a token called HoloFuel which is designed for microtransactions.
- Holo’s business plan centers on building a P2P ecosystem of hosts and applications, similar to Uber and Airbnb’s effect on the taxi and hotel industries.
- Holo charges a fee on HoloFuel transactions and ties its revenue model to growing the number of applications and hosts on the network.
- Holo network does not rely on global consensus to secure its networks.
- Holo is designed to be as decentralized as possible to reduce the risks of giving too much power to any one entity.
- On the Holo network, the hosts and applications are connected with end-to-end encryption.
- Holo uses a globally distributed network of servers.
- The Holo Network generates web gateways, provides DNS resolution across thousands of peers, and virtualizes Holochain’s cryptographic fabric to operate partially on host machines and partially on end-users web browsers.
- Holo can also perform competitively with hosting web applications outside of the crypto space.
Overall, considering the key features of the Holo network, HOT token appears to be a moderate case for investment. The project needs to increase the token’s use cases to become a good investment option.
Holo Price Prediction: Will HOT Reach $1?
The HOT token needs to grow by 500 times of its current market value to reach a price level of $1.
Also, the Holo token reached its all-time high price of $0.03 in April 2021 where it grew by nearly 50 times in just four months (i.e., from the lowest price of $0.0006 in December 2020).
Thus, considering 12.5 times growth in one month, we can say that Holo crypto will need 40 months (more than 3 years) to reach 1 dollar.
However, it will certainly take more time depending on the market conditions of the economic factors. Therefore, we cannot expect the Holo token to reach $1 soon.
Holo Price Prediction 2023, 2025 and 2030
- Holo Price Prediction 2023 is $0.0037
- Holo Price Prediction 2025 is $0.0067
- Holo Price Prediction 2030 is $0.028
Also read: Threshold Price Prediction and Injective Price Prediction
Where Can I Buy HOLO Crypto?
HOT tokens can be bought from various centralized and decentralized crypto exchanges such as Binance, Gate.io, Huobi, Bybit, Crypto.com, Bitvavo, Coinone, CEX.IO, LBank, Uniswap and SushiSwap.
- CEX.IO – CEX.IO is a prominent cryptocurrency exchange platform where users can buy, sell, and trade cryptocurrencies such as Bitcoin, Ethereum, and others. It has an easy-to-use design, comprehensive trading tools, and accepts a variety of payment ways. CEX.IO is well-known in the cryptocurrency market for its security measures, strong liquidity, and global presence.
- ByBit – Bybit is a prominent cryptocurrency derivatives market where users may trade perpetual contracts for a variety of cryptocurrencies such as Bitcoin, Ethereum, and others. Bybit provides features including leverage trading, sophisticated order types, and an easy-to-use interface. It is well-known for its rapid and dependable trading engine, as well as its high liquidity and solid security measures. Bybit also provides users with educational materials and a referral programme. Its unique goods and competitive trading conditions have made it famous among traders.
Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.