Will HBAR reach $100, $1000?HBAR Price Prediction Today

Will HBAR reach $100, $1000?HBAR Price Prediction Today

Will HBAR Reach $100: Read on to know why HBAR Can or Cannot reach $100

HBAR Price Prediction Today is between $0.067 and $0.073. HBAR Price Prediction This Week is between $0.055 and $0.084

Latest HBAR Price

Performance of HBAR in the last 12 Months

  • Last 30 Days: +54.3% (Ethereum: 31.8%)
  • 3 Months: +11.3% (Ethereum: 8.9%)
  • 12 Months: -68.4% (Ethereum: -34.9%)

Technical Analysis (Daily)

  • RSI: Buy
  • Stoch RSI: Oversold
  • Moving Averages: Buy
  • Overall: Buy

Read: Is Hedera a Good Investment?

Hedera Performance Statistics

  1. NFT Marketplaces: Total Traders: 315, Benchmark: Opensea, Number of Traders: 33,700
  2. DeFi TVL: $38.7 Million, Rank: 41

Can HBAR reach $100?

In order to reach $100, HBAR must rise 1449 times. This is not unusual, numerous cryptocurrencies have achieved this over the last 10 years. However, at 1449 times, HBAR’s Market Cap will be $2.5 Trillion. Here is why we think these numbers are not practical.

  1. At $ 2.5 Trillion, HBAR’s Market Cap would be the same as Apple’s market cap today. Apple went from $1 Billion to 2 trillion in about 40 years. Trying to predict something 40 years from now is almost crazy.
  2. Many Cryptocurrencies rose 1449 times due to the Liquidity pump of COVID-19. Events like COVID-19 (or Spanish Flu) are once-in-century events. So it is unlikely HBAR will rise 1449 times
  3. Third, looking at the performance of Use Cases (B2C), Hedera is not very competitive. This is one reason why we classified it as a moderate case for investment.
  4. Even if we were to assume a 40% CAGR, it would take 22 years to reach $100. Again, this fairly long-term forecast tends to be highly unreliable.

Overall, looking at the performance of use cases and the growth needed, it is unlikely HBAR will reach $100

Will HBAR reach $1000?

There is no evidence HBAR will reach $1000. It is currently heavily focused on businesses and it is unlikely that will drive massive token usage. Not just that, at $1000, HBAR’s market cap would be $25 Trillion, an unrealistic figure.

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HBAR Price Prediction Today

Overall OutlookPartially Negative
1. Market's WisdomPartially Negative
1a. Market DataNeutral
1b. Technical RecommendationSell
2. Crowd's WisdomNeutral
2a. Social Media BuzzSteady
2b. Social Media SentimentNeutral
HBAR Price Prediction

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.

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