Crypto

Holo Price Aims to Reclaim the 40 Satoshi Level Following a 7% Jump

It has been a while since the Holo price got a lot of positive attention. Now that all markets are going up in spectacular fashion, this volatile altcoin cannot remain behind. For the time being, it seems as if Holo is checking the right boxes and may even retake the 40 Satoshi level in the coming days.

Holo Price Heads in the Right Direction Again

In the cryptocurrency world, nothing is ever certain or guaranteed. Anything can and potentially will happen when people least suspect it. As far as Holo is concerned, it seems the underpinning ecosystem is finally starting to hit its stride. While there is always plenty of work to be done, one has to acknowledge the developers are effectively come through on their initial promises. That is not always a given where altcoins are concerned.

Over the past 24 hours, the Holo momentum has been quite interesting to keep an eye on. With a 7.7% increase in USD value, HOT is now valued at $0.001527. There is also a 2.5% gain in HOT/BTC, which pushes that particular value back to 39 Satoshi. A further push to 40 Satoshi and above is not entirely out of the question, although it will not necessarily happen automatically.

In terms of developing the underpinning Holochain ecosystem, a big change looms on the horizon. More specifically, there is a Holochain-Rust package in development which should strengthen the ties between this project and the Firefox browser. Although this development has hit a few minor roadblocks, it should be coming to market fairly soon.

Jason Faraday is not too bothered about the current market momentum. While it would always be better to walk away from all of this with a profit of some sort, it doesn’t really matter much to this individual for some reason. Instead, he is just keen to be part of something that may change the world as people know it today. A remarkable sentiment, especially because Holo has been making traders a ton of money lately.

Related Post

When looking at the actual HOT price chart, it would appear things are getting pretty interesting. After successfully breaking through a resistance line, it now seems the sky is the proverbial limit for Holo. However, there will be two more key resistance levels to break through before a new notable high can be reached. How all of this will pan out, remains to be seen, but the trading volume looks relatively promising.

All of the signs point toward a potentially bullish week for Bitcoin and all other markets. As is always the case, this momentum can easily turn around and cause major dips without too much effort. It is never possible to say for certain whether or not the bottom is finally in. Nor will there be all-time highs for the top markets in the near future either. These uptrends are crucial, but they need to be turned into higher support levels as well.


Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

Best Altcoins to Invest in Today: Qubetics Sets the Stage for Blockchain’s Future as Bitcoin Hits $108K and Litecoin Soars

The cryptocurrency world has always been a hotbed of innovation, attracting both seasoned investors and…

4 hours ago

Dogecoin Millionaire Predicts This Undervalued Altcoin Could Match DOGE’s 2021 Gains

Dogecoin's 2021 rally was a historic one, turning ordinary investors into overnight millionaires. This magnificent…

4 hours ago

Qubetics Presale Skyrockets to $7.5M as XRP and Arbitrum Lead Best Altcoins for Exponential Returns

The crypto market is always evolving, with big names like Bitcoin and Ethereum leading the…

5 hours ago

Over 300K Users Actively Mine Crypto On BlockDAG’s X1 Miner App While BNB Bulls Eye $3K; What’s XRP’s Price Target?

The crypto market is ablaze with excitement as altcoins like XRP and BNB make major…

5 hours ago

Best Crypto Presale To Buy Now: Rollblock Delivers For Holders With New License, Record Sign Ups and 7000+ Games

Rollblock is quickly becoming the best crypto presale to buy, delivering unmatched value for its…

9 hours ago

Polkadot And Uniswap Gearing For Post-Christmas Jump As Rollblock Raises $7.4 Million in Presale

While Rollblock's continues its crypto presale, with its value increasing regularly, Polkadot (DOT) and Uniswap…

10 hours ago