Categories: CryptoNews

Holo Price Rise Paves the way to $0.01, Community Members Predict

A very interesting market trend has become apparent in the cryptocurrency industry. Following all of the recent gains, one would expect a major correction to kick in sooner or later. Surprisingly, that isn’t happening as of yet, as there are new gains on the horizon. For Holo price watchers, this development is more than appealing. In fact, it seems a hefty rise in value may loom on the horizon.

Holo Price is Popping Off Again

It is a bit uncanny how volatile cryptocurrencies can be on most occasions. This is especially true when considering how there has been a strong uptrend not that long ago. After such a development, one would expect things to worse progressively. This time seems to be different, which will only yield even further speculation as to how the bull market is finally in effect right now. It is still too early to say for sure what will be the case, though.

As far as the Holo price is concerned, it would appear the next leg up is already materializing. A bit of a surprising trend, as this altcoin has been quite bullish well before this uptrend even materialized. As such, few people expected another 6.75% increase in value so quickly after the previous run. Even so, that is exactly what is happening right now, which can make for a rather interesting day of altcoin trading once again.

It would appear there is a genuine reason as to why the Holo value is rising once again. More specifically, the developers are preparing for a closed alpha testnet release. It is expected eligible participants will be notified of this development over the coming days. This will mark the first software stack being released to the community, which is a pretty major milestone for this particular altcoin.

HAN is also convinced things will only get even more interesting for the Holo project in the near future. The launch of multiple exchanges built on top of Holochain would certainly be quite interesting to keep an eye on. However, it remains to be seen what all of this will mean in the long run. Expecting a price of $0.01 is still very ambitious, as it would require a nine-fold increase in value.

Related Post

Last but not least, it would appear there is a new Holo-themed meme making the rounds on Twitter. It could very well apply to any cryptocurrency project on the market which effectively builds an infrastructure rather than revolve around hype for most of the time. Holo is certainly doing its job in this regard, albeit success won’t come easy in this industry whatsoever. As such, the coming months may prove to be rather crucial in many different ways, depending on how the developers decide to move forward.

All of these signs indicate the future of HOT may not be all that bad. With major developments finally taking place behind the scenes, it would appear the coming months will get very interesting for multiple reasons. At the same time, the individual value of the altcoin itself may not necessarily be impacted by these developments right away either. These markets respond in very odd ways most of the time.


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

Concerns Grow as Big Players Offload AAVE, Triggering Speculation of a Market Downturn

In a troubling indication for the AAVE community, a number of the cryptocurrency's large holders,…

2 hours ago

PumpFun Quietly Offloads $8.22 Million in Solana (SOL), Raising Questions About Market Manipulation

In a recent development that has caught the attention of the cryptocurrency community, #PumpFun, a…

3 hours ago

Hacker Who Stole 2,930 ETH From zkLend Loses It All in Phishing Scheme, Admits Defeat

In a strange occurrence, a hacker was able to capture 2,930 ETH (worth about $5.5…

3 hours ago

Synthetix’s sUSD Faces Significant Depeg Amid SIP 420 Transition: Is This the Start of a Death Spiral?

Synthetix's stablecoin, sUSD, has dipped yet again—this time by 4.6%—in just the last 24 hours,…

3 hours ago

PumpSwap DEX Reaches $10 Billion in Volume in Just 10 Days, Sparking Competition with Raydium

In just 10 days from launch, PumpSwap—a decentralized exchange (DEX) on the Solana blockchain—reached $10…

3 hours ago

MAKER PRICE ANALYSIS & PREDICTION (April 2) – MKR Regains Strength After Slight Pullback, Advancing Bullish

Following a slow and steady recovery, MKR saw a little setback last weekend due to…

5 hours ago