Hedera Hashgraph Price Prediction | Via SwapSpace | Capital | July 2021

Hedera Hashgraph price prediction

HBAR is a cryptocurrency circulating in the Hedera Hashgraph network. It can be used as a fuel for transactions and as a means to protect the network through mortgages. Hedera’s mission is to provide enterprise-level, scalable network infrastructure for Dapps, with use cases ranging from fraud prevention to gaming.

Although Hedera, like other encryption projects, uses distributed ledger technology (DLT), its unique feature is that the ledger structure is not a blockchain. Use directed acyclic graph or hash graph technology to reach consensus. The founders of Hedera claim that this method is faster, cheaper and “greener” than blockchain technology, without sacrificing any security. Another fairly rare case is that an encryption project like this has an extensive governing body-a committee composed of representatives of large investment companies (including companies such as Boeing and Google). For example, the committee effectively controlled HBAR supply after casting during the test phase of the Hedera project in 2018.

The initial funding was raised through SAFT (Simple Agreement for Future Tokens). HBAR tokens have begun to enter circulation in 2019, and the following token issuance schedule is very slow to ensure scarcity and reduce the risk of being attacked.

After HBAR went public in 2019, it was relatively quiet for a while, and it did not break through the $0.04 mark until January 2021. At that time Hedera began to show off its strong cards, such as establishing contacts with the Secretary of State of Texas. This caused the price to spike (approximately $0.15 by mid-February). HBAR prices rose further in March to about $0.4, then rebounded to about $0.3, and rebounded again before entering a downtrend. After Elon Musk’s comments on the issue, it seems that Hedera’s insignificant energy expenditure did not protect it from the bear market shift in the cryptocurrency market. However, by June, Hedera’s price decline slowed and remained above the line of at least about $0.14, and it may be preparing to reverse its trend in the second half of the summer.

Although it is almost impossible to perform 100% accurate technical analysis of the Hedera Hashgraph cryptocurrency, on this advanced technical analysis tool of TradingView, you can view real-time aggregated HBAR trading ratings within a selected time frame. The summary of HBAR/USD is based on the most popular technical indicators — moving averages, oscillators and pivots.

Below we have collected the most reliable price forecasts for Hedera Hashgraph (HBAR) from popular forecasting platforms.

According to WalletInvestor, the price of Hedera Hashgraph will rise from $0.1859 to $0.516 within one year. This makes HBAR an amazing investment. The long-term profit potential is 177.57%. The forecast price at the end of 2026 is $1.854.

When answering the question about whether Hedera Hashgraph is a good investment, TradingBeasts responded in the affirmative. From the perspective of 2021, the price of the token is expected to reach US$0.2520247 and increase to US$0.2865414 by the end of 2022.

In the DigitalCoin analysis, the price of the Hedera Hashgraph cryptocurrency will rise from today’s $0.188618 to $0.736441 in the next 5 years. By 2022, it will rise to $0.3169636 and continue to grow in 2023-2024. Based on this prediction, Hedera Hashgraph is a profitable long-term investment.

It is clear from the analysis cited above that the Hedera Hashgraph (HBAR) prediction is quite contradictory. There is no general consensus on the positive or negative trend of HBAR prices in the future. In fact, the possible future growth depends on various factors: announcements, new technical solutions for the Hedera Hashgraph project, overall encryption environment, legal status, etc. We kindly remind you that you must conduct your own research (DYOR) before investing in any cryptocurrency.

Disclaimer: This article should not be considered as providing trading advice. The cryptocurrency market suffers from high volatility and occasional arbitrary fluctuations. Any investor should research multiple viewpoints and be familiar with all local regulations before investing.

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