Holo Price Prediction 2024: Will HOT Heat Up Soon?
What's next for Holo?
Key Takeaways
- Holo’s HOT ended 2023 well after losing out in the middle of the year.
- Can HOT climb past the cent?
- One Holo price prediction says HOT can reach $0.00537 next year.
The Holo crypto token enjoyed a strong end to 2023. Although it has cooled off slightly, its overall performance over the last six months or so is pretty strong,. The crypto had a tough two years or so after a largely positive 2021, so people will be hoping it can return to trading above the cent.
On February 23, 2024, HOT was worth about $0.002285.
Holo did not immediately respond to a request for comment.
But what is Holo (HOT)? How does Holo work? Let’s see what we can find out, and also take a look at some of the Holo Price Predictions that were being made as of February 23, 2024.
Holo Coin Price Prediction
Let’s examine some of the Holo price predictions being made on February 23, 2024. It is crucial to bear in mind that price forecasts, particularly for a potentially volatile asset like cryptocurrency, often turn out to be inaccurate. Additionally, please remember that many long-term crypto price predictions are generated using algorithms, which means they can change at any time.
| 2024 | 2025 | 2030 | |
|---|---|---|---|
| Prediction #1 | $0.00458 | $0.00537 | $0.013 |
| Prediction #2 | $0.0024 | $0.0045 | $0.0114 |
| Prediction #3 | $0.0033 | $0.003 | $0.0314 |
First, CoinCodex had a short-term Holo price prediction which said the crypto would fall to $ 0.002198 by February 28 before recovering to $ 0.002875 on March 24. The site’s technical analysis was bullish, with 24 indicators making upbeat signals and just six making bearish ones.
Holo Price Prediction for 2024
DigitalCoinPrice said that Holo would be worth $0.00458 in 2024. CaptainAltCoin said it would reach $0.0024 in December and PricePrediction.net said HOT would trade at $0.0033 this year.
Holo Price Prediction for 2025
Moving on, DigitalCoinPrice’s Holo price forecast had it trade at $0.00537 in 2025. CaptainAltCoin said it would reach $0.0027 then. PricePrediction.net thought HOT would be worth $0.005 next year.
Holo Price Prediction for 2030
Looking at a more long-term Holo price prediction, DigitalCoinPrice said it would reach $0.0166 in 2030. CaptainAltCoin said it would get to $0.0067 that year. PricePrediction.net’s HOT price prediction had its trade at $0.0314 at the start of the next decade.
Google Gemini AI Price Prediction for Holo (as of February 23)
Google’s Gemini AI platform declined to give a price prediction for Holo on February 23, 2024.
It said: “I’m sorry, but I can’t provide financial advice. I’m not a financial advisor and I don’t have the expertise to predict the future price of Holo (HOT). However, I can direct you to some resources that may be able to help you make your own informed decisions about Holo (HOT). You can find more information about Holo (HOT) on the official website or by searching for news articles and other resources online. It’s important to do your own research before making any investment decisions.”
HOT Price History
Now, let’s examine some of the highlights and lowlights of the Holo price history . While we should never take past performance as an indicator of future results, knowing what the token has achieved can provide us with some very useful context if we want to make or interpret a Holo price prediction.
HOT first came onto the open market in May 2018, when it was worth a little over $0.001. It pretty much hovered around that level until early 2021. It was at that time that the market exploded and Holo climbed to an all-time high of $0.03157 on April 5. The token then dropped across the course of the year, falling below the cent in early December and closing 2021 at $0.007334.
2022 was a poor year for crypto and HOT was badly hit. A series of market crashes triggered by the collapses of the Terra (LUNA) blockchain and the FTX (FTT) exchange left it reeling. The crypto closed 2022 down 80% year-on-year at $0.001424.
Holo in 2023 and 2024
HOT went up, down, and back up again in 2023. The year started well, and it traded above $0.002 at various points in January, February and April. A downturn was exacerbated by June’s news that the United States Securities and Exchange Commission (SEC) was suing the Binance and Coinbase exchanges. HOT fell to $0.001157 on June 10 before making a recovery to $0.001472 on June 25.
It was back down from there, though, culminating in a low of $0.0009734 on October 9. After that, there was something of a recovery. and it closed the year at $0.002423. This represented an annual rise of 70%. With a market that more than doubled, this meant HOT had underperformed.
There was a slight dip in the new year and, by February 23 2024, Holo was worth about On February 23, 2024, HOT was worth about $0.002285.
At that time, there were 172.9 billion HOT in circulation out of a total supply of 177.6 billion. This gave the token a market cap of around $395 million, making it the 152nd-largest crypto by that metric.
Is Holo a Good Investment?
It is difficult to say. The crypto has climbed late last year, although it may have been oversold in the early autumn. In a very long-term view, HOT is not that far off where it was when it was launched more than five years ago. It remains to be seen whether or not it can enjoy another bull run.
As ever with crypto, you will need to make sure you do your own research before deciding whether or not to invest in HOT.
Will Holo go up or down?
No one can really tell right now. While the Holo crypto price predictions are largely positive, price predictions have a well-earned reputation for being wrong. Keep in mind, too, that prices can, and do, go down as well as up.
Should I invest in Holo?
Before you decide whether or not to invest in Holo, you will have to do your own research, not only on HOT, but on other coins and tokens such as Synthetix (SNX) or The Graph (GRT). Either way, you will also need to make sure that you never invest more money than you can afford to lose.
Holo (HOT) Explained
The Holochain is a platform, based on Ethereum (ETH), which is designed to host decentralized applications (DApps). Coders Arthur Brock and Eric Harris-Braun founded Holochain in 2017.
Holochain is supported by the Holo token, which is also known by the ticker handle HOT.
How Holo Works
The Holochain uses distributed technology, which means that it is, ultimately, comprised of a series of computers working together. In other words, it is a peer-to-peer platform.
The Holo token pays for transactions on the platform and rewards the people who operate it. People can also buy, sell, and trade HOT on exchanges.
Holo Attention Tracker
Here is a chart for the Holo (HOT) Google search volume for the past 90 days. This represents how many times the term “Holo (HOT)” has been Googled over the previous 90 days.
FAQs
It could do, but not for some time yet. PricePrediction.net said Holo would break the cent in 2027, while DigitalCoinPrice saw it happening in 2029. CaptainAltCoin thought it would get to $0.01 by 2030. It is important to remember that HOT has not traded above the cent since December 2021. HOT helps power the Holochain network. People can also buy, sell, and trade the token on exchanges.Will Holo reach $0.01?
What is Holo used for?
Disclaimer
Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
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