Holo Price Prediction: The future of HOT Coin & Holochain in 2024
In February 2021 we had a memorable event in the world of cryptocurrencies, indeed on February 8 2021 Elon Musk the CEO of Tesla publicly announced that his company had invested $ 1.5 billion in Bitcoin which represents 8% of the assets of the society at the time of the transaction. It was also on that day that later in the evening cryptoassets called ulta low sats * exploded in minutes and performed by a hundred percent. Holo (HOT) is one of these ultra low sats, we can also mention Bittorent (BTT), Wink (WIN) and Dent (DENT).
ultra low sats * = a very affordable crypto asset class, indeed with around 1000 $ it is possible to acquire 1 million units of these cryptocurrencies.
Between February 8 and April 5, 2021, the Holo coin (HOT) made its first big impulse wave after breaking on Monday, February 8, 2021, this big price resistance at the level of 0.001 USD (yes a tenth of a cent of US dollar, a very important psychological threshold for traders and investors). This violent increase therefore lasted 3 months without interruption and with daily variations varying between +50% and +100% the price quickly multiplied by 100. Finally it ran out of juice to continue the increase at the end of 2021 while other projects like LUNA or SOL continued to make new highs in September 2021, the Holo project was not ready because it was still under development. Finally the bear market arrived and the price then fell for many months and finally retraced correctly since the price went back down to retest the famous psychological threshold of 0.001 USD or one tenth of a cent of a US dollar. But fortunately since then the price has started to rise again!
As we can see from the above Weekly logarithmic chart of HOLO/USD (HOT/USDT) on the Binance exchange. You can see this blue line at $0.001 which served as the first psychological level as well as a pivot between buyers (bull) and sellers (bear). You can see above the second blue line at $0.0023 which has held prices several times in 2019, 2022 and 2023. Once the price passes $0.0023 there is no more resistance before $0.015 and above this threshold it will be possible to aim for new historic highs in 2024 and 2025.
We believe that 2024 will be the year of recognition for the Holo Project. Indeed after being in development for many years; The project was heavily criticized for its slowness but now that development is complete the critics will have to change their tune and admit that this project is a great innovation in the world of blockchain and cryptocurrencies.
The HOT token is a placeholder for the future cryptocurrency HoloFuel (HF), it was designed to become a stable currency because it is backed by the computing power used in the Holo network. This design of HoloFuel should allow it to quickly become much more stable than other cryptocurrencies. Be careful, however, not to confuse HoloFuel (HF) with stable coins attached to the price of the US dollar, such as USDT, USDC tokens. Indeed HoloFuel will not be attached to the price of the US dollar but the computing power (computing power, bandwidth, disk storage), it will be able to reach $1 but go even higher towards $2 or more! However, the volatility will be reduced more and more as it increases, which is why it is important to be an early adopter in order to benefit as much as possible from the price increase.
We believe that in 2024 the price of HOT will outperform against these other cryptoassets such as Bitcoin, Ethereum and Binance Coin. Indeed we can count on major events for the project during this 2024 bull market. We have listed these events:
The years after this bull market of 2024 risk being dangerous for many crypto projects which have no intrinsic value. In fact, the vast majority of these projects are driven by a trend based on marketing and scarcity, which means that even with very few users, promotion on social networks by influencers drives up the price. But be careful, the price rises so quickly that at a certain point there will be no more buyers and a wave of panic risks scaring and causing the departure of many novice investors like in 2018. Fortunately the Holo project will be become HoloFuel will finally be recognized and reach maturity. Its mechanism for regulating the quantity of tokens in circulation will stabilize the price based on supply and demand. We still expect a drop in price between 2024 and 2026, but less significant than the majority of other cryptocurrencies. Then in 2026 and 2030 the price will be able to return to a strong trend just like Bitcoin and the few other surviving cryptocurrencies.
| 2023 | 2024 | 2025 | 2030 | |
|---|---|---|---|---|
| Prix (bas) | 0.001 $ | 0.002 $ | 0.10 $ | 2.00 $ |
| Prix (haut) | 0.003 $ | 0.50 $ | 1.00 $ | 5.00 $ |
Find here the answers to the most frequently asked questions regarding the predictions about the future of the Holo & Holochain project. Indeed most people have legitimate questions about the future of the project, the quality of the team, the usefulness of the token. Here is our opinion on the matter.
Holochain is a software, it is the framework developed by the team that allows you to build scalable distributed applications while ensuring data integrity. Holo is a distributed hosting network that allows developers of Holochain applications to host their applications in order to make them available to the whole world via the current internet (the world wide web)
The Holo token, also called HOT or Holo coin, is a placeholder for the future HoloFuel cryptocurrency of the Holo hosting network. Indeed, during the transition to the Mainnet network, each Holo token can be converted against a HoloFuel at a ratio of 1 to 1.
HoloFuel is the native currency of the decentralized application hosting network built on the Holochain framework. It’s itself a decentralized Holochain application called HoloFuel Wallet. The system is designed on a mutual credit principle to allow hosting providers to resell their services and businesses to pay the cost of hosting.
No not at all, on the contrary the project is still in its infancy, since in December 2023 the team announced during AMA 55 the launch of the Holo RC network in December 2023 and the launch of the Mainnet network in Q2 2024. People will really discover Holo in the coming months by accessing network applications directly in the web browser and without Metamask extensions. The project is therefore alive and still in its early stages, very promising for the future.
The first investors to participate in the ICO generated a considerable profit within a few months. The 2018 bear market and development delays then considerably slowed down the ROI but in the future with the great trend of digital currencies this investment should continue to be profitable and lucrative.
The technology developed is the most innovative and radical approach to the cryptocurrency market. In the very long term, when the technology has proven itself, the price may reach $ 1 and even go higher but you will have to be patient, this could take between 5 and 10 years. Others analysts such as TradingBeasts, Ripplecoinnews, DigitalCoinPrice are also very bullish on the Holo price. For instance right now DigitalCoin talks about a price at 9 cents in 2028. We think it can be much more faster to reach 10 cents if Holo can break the latest resitance against BTC and ETH. Indeed with obtaining the U.S. patent the Holo project has won the confidence of investors and indeed Holo is now about to become mainstream and to gain the attention of the biggest players for example see the article of Nasdaq and Capital which should help to continue this powerful rise in the coming years.
Based on our analysis above we believe that Holo could reach between $0.10 and $1 in 2025.
Based on our analysis above we believe that Holo could reach between $2 and $5 in 2030.
The money creation system is very different with Holo, but it still has similarities with blockchain. Indeed, it is the application hosts who will generate HoloFuel against the provision of their computing power.
Yes Holochain is an open-source framework and the framework's source code is available on github. In addition, most of the Holo hosting infrastructure is also open-source and available on Github.
The Holo project has a high quality team, the founders have decades of experience in software development but also in designing alternative currency. The developer team is decentralized all over the world and is passionate and totally dedicated to the success of the project. In addition, an independent developer community brings strong added value to the ecosystem.
Buying HoloFuel coins today is a unique opportunity to join the ship as an early investor and enjoy the next trend until the mass adoption! If you are wondering how and where to buy Holo you will discover here our best tips!
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Become an early investor in $HOT! a very promising project which could be the future of local and global fractal currencies. Welcome to the future of decentralization.
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