Crypto space has gained huge popularity for its potential to handle transactions in a decentralized and distributed ledger. The first cryptocurrency Bitcoin was launched in the year 2009. Though Bitcoin operates with transparency, it takes much time to complete one transaction, also blockchain has certain limitations when it comes to data accessibility.
Hedera hashgraph was launched in order to resolve these issues. Hedera’s objective is to offer the features of blockchain as a distributed ledger technology without limitations.
The Hedera Network, deemed as an eco-friendly alternative, offers other superior benefits as well. With this network and crypto, making network transactions and microtransactions is just a click away, with it’s a highly secure system.
Want to invest in HABR Token and yield profit and sustainability? Don’t dwell on any speculations. Read the latest HBAR price prediction along with news updates and forecasts.
|Market cap||$ 0.0000|
|Circulating Supply||$ 0.0000|
|Trading Volume||$ 690,925,956.0000|
|All time high||$ 0.0000 January 1, 1970|
|All time low||$ 0.0000 January 1, 1970|
What is Hedera Hashgraph (HBAR) ?
Hedera Hashgraph is the only public distributed ledger technology that makes use of the fast, fair and secure hashgraph consensus mechanism to run Decentralised applications(dApps).
The Hashgraph network was developed in mid-2010 co-founded by Leemon Bird. However, the initial release of the native token HBAR happened seven years later, by July 2017.
The initial coin offering (ICO) was done in August 2018 and then a year later in September 2019, first launched open access to its mainnet.
Hashgraph is known for the higher transaction speeds, and statistics say that around 10,000 transactions are possible per second. And that is why Hashgraph is often referred to as a blockchain superior because all payments can happen rapidly, fairly, and securely.
The native token HBAR mainly serves two purposes within the Hedera public network. Firstly, HBAR acts as the fuel that actuates Hedera services including regular transactions, smart contracts, and file storage. Secondly, the token is used to enhance network security.
HBAR Price Prediction 2021
The HBAR price started this year at $0.03 and stayed the same negligible for the first few days. Hedera raised to $0.1 from $0.03 by February first week. This was a result of the network’s continuous efforts during early January. The cryptocurrency price started skyrocketing, and the bullish trend continued until mid-March when it hit $0.4495.
The Month of August and September were loaded with partnerships and new updates. As stated in a Sept. 14 announcement, India’s leading technical university, the Indian Institute of Technology Madras (IITM) has joined the Hedera Governing Council to expand its research footprint in new blockchain use cases, specifically in distributed ledger technology (DLT). on September 15th the altcoin hit at ATH reaching $0.4790.
With the current market sentiments, the HBAR price is expected to hit $1.23 by year’s end. If as per plan they launch scheduled updates we may get to see another bull run. The run can take the price to $3.968. On the flip side, if it fails then the price may collapse to $0.6859.
HBAR Price prediction 2022
The following year is expected to see a further rise in the price figures. Predictions say that the average price at which HBAR will trade by the end of 2022 will be $2.4. It is expected that the price trends will reach a high near $4.825. If the trends get reversed the price may reach a low of $0.9
Price Prediction For The Next Five Years
The next five-year predictions believe that the price movements move up the graph. From an average value of $2.4 by the end of 2022, the price is expected to move beyond $5 in the next five years. However, the lowest price the coin could see maybe near $2. Also, the coin could smash a new ATH of $8 in the coming years.
Our Price Prediction
The HBAR price is expected to move up and reach a new ATH in the coming years. We predict that by the end of 2021, HBAR may reach a price figure near $0.825. However, the $1 milestone is expected to come true by 2022. By the end of five years, the highest value may be around $4.5 and the lowest price may be near $0.6256. The average price would sail around a decent figure of $0.7925 to $0.9536.
|Year||Potential High||Potential Low|
HBAR Market Price Predictions
Let’s now see how different platforms have predicted the price trends of HBAR.
According to their predictions, the HBAR price is expected to climb the graph steadily. They believe that the coin will reach a price of $0.6 by the end of this year. After five years, the price is expected to sail near $3.2. And they strongly believe that $1 may not be easy this year.
They have predicted the Hedera Hashgraph price to move up the curve and reach $0.349 by the next year which is twice its current price. The highest price expected in the near future is around $1.4.
The HBAR price predictions by Govcapital say that the price is expected to reach around $0.7 by the end of this year. The price is believed to escalate and reach a new milestone of $5 in the next five years.
Hedera Hashgraph Historic price sentiments
The year started with a negligible price figure of HBAR and remained the same for a few months. However, by September, the closing price was seen moving between $0.03 and $0.05. The price trends were highly wavering and by the end of 2019, the price dripped and was at $0.01.
The year commenced with a price of $0.01 and remained the same for the first month. However, by February, the price surged and was sailing high, swinging between $0.02 and $0.07. By mid of 2020, the price was steadily moving at $0.04. But by the end of 2020, the price again dropped to $0.03.
Yes, according to trusted predictions the HBAR price is expected to rise in the coming years. The long-term earning potential is around 267%.
HBAR is expected to reach a $1 price figure by the year 2022. But if the trends favor the coin, the $1 milestone may be achieved by the end of 2021.
No. HBAR price is only expected to move upwards and will not possibly crash in the future.
Hedera Hashgraph (HBAR) is considered a terrific long-term investment opportunity and probably one of the few cryptocurrencies that could generate profit in the face of a bear market or adverse economic conditions. Hedera is a good investment because its technology is superior to all other cryptocurrencies.