Hi everybody,
How do you think about Holo (HOT) ? I have done my own research and would like to share this with you.
I see that Holo (HOT) is in 55th place with a market cap of 2.5 billion. At the moment the price is US$ 0,01453059
Small enough to be able to rise sharply. And big enough to get enough attention from bargain hunters.
On
https://www.nasdaq.com/articles/holo-hot-price-predictions%3A-where-will-hot-go-after-holochain-patent-news-2021-03-30 I read the following:
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TradingBeasts predicts Holo will sit between 1.52 cents and 2.23 cents at the beginning of April, forecasting a price of 1.786 cents at the end of the month (about where the token traded today). Holo (HOT) price predictions for the summer hover around 1.8 cents.
DigitalCoin sees HOT-USD running as high as 2.58 cents before the end of 2021, with Holo (HOT) price predictions of 2.96 cents in 2022, 3.57 cents in 2023 and 4.33 cents in 2024.
More conservatively, CoinPedia says Holo could trade between 0.16 and 0.19 cents in January 2022. Over a five year time frame, they predict a price of 0.35 cents.
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Also I read that blockchain scalability is a problem. Please read:
https://101blockchains.com/holochain-blockchain-guide/ ===
Scalable
Holochain also offers a highly scalable solution. As new apps can join the network, it can help grow the computational power of the network itself. It benefits from the unique architecture that it utilizes. Each node can contribute to computing power.
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Do you think that Holo can rise much further, just like VeChain, for example? In December 2020, VeChain's price was also $ 0.01 just like Holo is today, and VeChain's price is today at $ 0.21.