Hedera Hashgraph Price Prediction
Hedera Hashgraph Fundamental Analysis
HBAR is a cryptocurrency circulating in the Hedera Hashgraph network, serving both as a fuel for transactions and as a means for securing the network through staking. Hedera’s mission is to provide enterprise-grade, scalable network infrastructure for Dapps, with use cases ranging from fraud prevention to gaming.
While Hedera, like other crypto projects, utilizes distributed ledger technology (DLT), it’s unique in that the ledger structure is not a blockchain. The consensus is reached using a directed acyclic graph, or hashgraph technology. Hedera’s founders claim that this way is much faster, cheaper and “greener” than blockchain technology without sacrificing any security. Another fairly rare occurrence is a crypto project like this one having an extensive governing body — a council made up of the large investor corporations’ (which include such players as Boeing and Google) representatives. For example, the council effectively controlled the HBAR supply after it was minted in the test phase of Hedera project in 2018.
The initial funds were raised through SAFT (Simple agreement for future tokens). HBAR tokens have started entering the circulation in 2019, with the following coin release schedule being very slow, to ensure scarcity and reduce the risk of an attack.
Hedera Hashgraph Price Chart
After HBAR appeared on the market in 2019, it’s been relatively quiet for a while, rarely breaking the $0.04 barrier until January of 2021. At that point Hedera started to show its strong cards, for example, establishing contact with the Texas Secretary of State. This led to a spike in price (~$0.15 by mid-February). In March HBAR price rose further, to about $0.4, and then bounced down to ~$0.3 and back up again a few times before settling into a downtrend. Seems like Hedera’s minuscule energy expenditure didn’t make it immune to the crypto market’s bear turn after Elon Musk said something about the issue. However, by June Hedera’s price fall slowed down, keeping above at least ~$0.14 line, and it might be getting ready to reverse its movement in the second half of the summer.
Hedera Hashgraph Technical Analysis
Despite the fact that 100% accurate technical analysis for Hedera Hashgraph cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated HBAR buy-and-sell rating for selected timeframe. The summary for HBAR/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.
Hedera Hashgraph Price Prediction
Below we have collected the most reliable price projections for Hedera Hashgraph (HBAR) from popular forecast platforms.
#1. WalletInvestor HBAR Price Prediction for 2021, 2023, 2025
According to WalletInvestor, Hedera Hashgraph price will grow from $0.1859 to $0.516 in one year. That makes HBAR an awesome investment. The long-term earning potential is 177.57%. Predicted price for the end of 2026 is $1.854.
#2. TradingBeasts HBAR Price Prediction for 2022
Answering the question about if Hedera Hashgraph is a good investment, TradingBeasts say a resounding yes. In the 2021 perspective, this coin price is predicted to reach $0.2520247 with a growth to $0.2865414 by the end of 2022.
#3. DigitalCoin HBAR Price Forecast for 2021, 2022, 2023, 2025
In DigitalCoin analysis, the price of Hedera Hashgraph cryptocurrency will rise in the next 5 years starting from $0.188618 as of today’s price to $0.736441. It will go up to $0.3169636 by 2022 and continue its growth in 2023–2024. Based on this forecast, Hedera Hashgraph is a profitable long-term investment.
Summary
As it can be clear from the analysis cited above, Hedera Hashgraph (HBAR) projections are rather contradictory. There is no universal consensus either about positive or negative future HBAR price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Hedera Hashgraph projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
Disclaimer: This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
About SwapSpace
SwapSpace is a cryptocurrency exchange aggregator that allows to swap over 450 cryptos with both fixed and floating rates. We gather the rates of major crypto exchanges on the market onscreen and let our users compare and choose whatever option they like the most. We don’t add any fees over the partners’ rates, which makes the exchanges via SwapSpace profitable. The exchange time is no longer than at any of our integrated services starting from 10 minutes. SwapSpace support works 24/7.
Passionate about crypto and want to get more news and price predictions daily? Join SwapSpace’s blog!
Latest articles:
Theta Fuel price prediction
BitTorrent price prediction
Originally published at https://swapspace.co.
