Will HBAR Hit $1? – Hedera (HBAR) Price Prediction 2024, 2025, 2030

 

Abstract:

• In 2023, Hedera, HBAR might reach $0.23
• Hedera’s pessimistic price forecast for HBAR in 2023 is $0.067, assuming the worst-case scenario.
• Hedera’s previous All-Time High occurred on September 15, 2021, when HBAR traded for $0.56.

 

 

The use of Hedera Hashgraph (HBAR) is expected to increase in the beginning of 2023. In just a month, its price had virtually doubled. The blockchain is promoted as a cutting-edge Layer 1 network that is suitable for business applications. While other investors think it’s a better opportunity, they see it more as a worse version of Ethereum.

 

However, both are possible, and a multichain future has received a lot of attention as the ecosystem evolves. Hedera Hashgraph and Ethereum may find success together if progress is made on establishing interoperability between chains.

 

 

 

 

 

 

What is Hedera Hashgraph (HBAR)?

 

 

Hedera is a public network based on the proof-of-stake (PoS) consensus method that is built on the open-source hashgraph distributed consensus algorithm, making it ideal for the development and deployment of decentralized apps (dApps) that prioritize speed, fairness, and security.

 

The asynchronous byzantine fault tolerance (aBFT) consensus system Hashgraph provides excellent bandwidth efficiency while handling hundreds of thousands of transactions per second in a single shard.

 

The Hedera network’s native token, HBAR, is used for anything from covering transaction fees in applications to warding off attacks on the network itself.

 

 

Hedera’s two main offerings are:

 

• Hedera Consensus Service (HCS) – Applications in production use Hedera’s Consensus Service (HCS) to do things like record transactions between blockchain networks, monitor IoT devices, and keep tabs on votes in a decentralized autonomous organization (DAO).

 

• Hedera Token Service (HTS) – TThe Hedera Token Service (HTS) eliminates the need to create and deploy a smart contract in order to configure, mint, and manage fungible and non-fungible tokens on the network.

 

 

 

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Hedera (HBAR) Overview

 

Cryptocurrency	Hedera Hashgraph
Token	HBAR
Price	$ 0.2725 -4.33%
Rank	19
Market Cap	$ 9.7B
24H Trading Volume	$ 2.7B
All-time High	$ 0.5670
All-time Low	$ 0.0099
24 High	$ 0.3092
24 Low	$ 0.2570
Cycle High	$ 0.3891 / 2024-12-03 03:56:54
Cycle Low	$ 0.0358 / 2022-12-31 20:35:00
Update Time	2024-12-19 02:19:01

 

 

 

Hedera (HBAR) Technical Analysis

 

All financial markets use moving averages (MA), a well-liked indicator that smoothes price movement over a predetermined period of time. Since they are a trailing indication, past price activity has an impact on them. The simple moving average (SMA) and exponential moving average (EMA) are the two forms of moving averages shown in the table below.

 

 

Daily Simple Moving Average (SMA) & Daily Exponential Moving Average (EMA)
Date Calculated:2024-12-18

3_SMA	$ 0.2876	3_EMA	$ 0.2848
5_SMA	$ 0.2943	5_EMA	$ 0.2874
10_SMA	$ 0.2963	10_EMA	$ 0.2917
20_SMA	$ 0.2784	20_EMA	$ 0.2719
21_SMA	$ 0.2719	21_EMA	$ 0.2690
50_SMA	$ 0.1616	50_EMA	$ 0.1978
100_SMA	$ 0.1074	100_EMA	$ 0.1428
200_SMA	$ 0.0880	200_EMA	$ 0.1100

 

 

Weekly Simple Moving Average (SMA) & Weekly Exponential Moving Average (EMA)
Date Calculated:2024-12-18

21_SMA_weekly	$ 0.0966	21_EMA_weekly	$ 0.1347
50_SMA_weekly	$ 0.0955	50_EMA_weekly	$ 0.1013
100_SMA_weekly	$ 0.0779	100_EMA_weekly	$ 0.0945
200_SMA_weekly	$ 0.1356	200_EMA_weekly	$ 0.1019

 

 

 

HBAR Consensus Rating

 

 

Very bearish	Bearish	Neutral	Bullish	Very bullish
0	2	5	5	18

 

 

 

 

 

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Hedera (HBAR) Price History

 

 

Dr. Leemon Baird, a computer scientist, and Mance Harmon, a technology executive, established the Hedera company in 2018. In 2015, they founded a company called Swirlds, which grew into a separate company called Hedera and is now known as Hedera Hashgraph.

 

Hedera Hashgraph was created with the intention of being the first widely used public distributed ledger. The overall quantity of HBAR is 50 billion, and this number is further broken down into two categories: unreleased and released.

 

 

Take a look back at the beginnings of things:

 

• In March of 2018, the Hashgraph Consortium was established.
• August 2019 saw the launch of Hedera’s mainnet.
• Hedera Consensus Service (HCS) was released in February 2020.
• The Hedera Token Service (HTS) was launched in February 2021.

 

Hedera (HBAR) Price Performance

 

Here’s a quick recap of the price  performance in $HBAR.

 

Price Change 1H Percent	-3.04%
Price Change 1D Percent	-4.33%
Price Change 7D Percent	-8.94%
Price Change 30D Percent	107.39%
Price Change 90D Percent	429.18%
Price Change 365D Percent	238.38%

 

 

Hedera (HBAR) Price Predictions

Do you want to make a long-term investment in HBAR? The first step is to learn about the network and its native currency. Next, before selecting if Hedera Hashgraph (HBAR) is the ideal coin for you, it is vital to occasionally take into account price projections.

Long-term predictions show that by 2023’s end, one Hedera Hashgraph (HBAR) token will be worth $0.135. The value of one HBAR coin is projected to reach $0.25 by 2025, $0.79 by 2028, and $1.50 by 2030.

Next, we’ll look at long-term price forecasts for HBAR to see if now is a good time to acquire this popular cryptocurrency.

Hedera (HBAR) Price Prediction for Today, Tomorrow and Next Week

Hedera (HBAR) Price Prediction 2024

A bad attitude in 2023 won’t doom Hedera Hashgraph HBAR to further declines. Once the Hedera Hashgraph network is able to implement the bulk of its future ambitions, we expect the coin’s value to stabilize and begin rising.

Experts predict that by 2024, HBAR might be worth about $0.17. The lowest estimated cost is $0.14. However, you should be aware that some sources claim the coin will go on a bullish run and end up being worth significantly more by 2024. But we’ll stick with what seems the most plausible.

Hedera (HBAR) Price Prediction 2025

According to the algorithm-based prognosis and price prediction for Hedera Hashgraph (HBAR), the currency is projected to make a high of $0.25 and a low of $0.21 by the end of the year. The most optimistic forecasts see HBAR in 2025 at $0.38.

Hedera (HBAR) Price Prediction 2030

A Hedera Hashgraph (HBAR) forecast from 2030 estimates that one token might be worth $1.20 by then. The most bullish forecasts put HBAR at above $1.50 by the year 2030.

This is a reasonable but conservative estimate, taking into account the current price of the coin and the predicted growth pattern. Some projections for the future of the Hedera Hashgraph (HBAR) are quite optimistic, while others are extremely gloomy. The route of realism is the one to take.

Potential Highs & Lows of HBAR

Our long-term HBAR price projection acknowledges that because to their viral, hype-driven nature, meme currencies are extremely unpredictable and challenging to predict. We have therefore established both our target pricing and possible high and low estimations.

Is HBAR a Good Investment?

Investing should be done with the long-term purpose of creating wealth. The other reason people trade cryptocurrencies is to maximize their profits as quickly as possible. Whether or not Hedera Hashgraph (HBAR) is the proper asset to acquire depends on your investing goals.

Hedera Hashgraph (HBAR) is not looking like the most alluring digital asset based on the price estimates we’ve covered. That is not an excuse to avoid investing. However, you should be aware of the risks involved. Wallet Investor called the currency a bad investment, however future performance of Hedera Hashgraph (HBAR) has been forecast to be excellent by several industry watchers.

If we believe DigitalCoinPrice’s conservative price forecast for Hedera Hashgraph (HBAR), then purchasing some of this cryptocurrency might not be such a bad idea. The coin isn’t the most alluring investment, but algorithm-based predictions imply it will increase in value over time. A patient investor should expect a respectable return on their investment over time.

Hedera Hashgraph (HBAR) and other cryptocurrencies are high-risk investments, but the potential rewards are substantial. If HBAR is able to show significant growth in the next years, investors will be the ones who end up laughing. But it could fall, too, just as Wallet Investor has forecasted. If you want to invest, you need to be prepared to take on the dangers that come with it.

Will HBAR Hit $1?

When it comes to Hedera Hashgraph (HBAR), the answer is yes. Our primary focus was on forecasts that indicated the currency may reach that level by the year 2029. HBAR may surpass the $1 threshold sooner than expected. There are, of course, websites that claim the currency can reach $1 in a year or two. It remains to be seen, but the coin might easily reach $1 in the not-too-distant future.

Conclusion

Since releasing its mainnet in 2019, the Hedera Hashgraph platform has seen consistent growth. So far, it has been proven to be capable of supporting normal hbar token trades at rates of more than 10,000 tps.

Nonetheless, bandwidth is currently limited to 10 tps for transactions that trigger a shared ledger. Similarly to Ethereum and other blockchains, this can facilitate smart contracts. LeewayHertz has a staff of professionals who are well-versed in the emerging Hedera hashgraph technology. They help businesses by using Hashgraph to develop new, secure solutions.

It would be a good investment to invest in Hedera Hashgraph network, as per the expected maximum price value, average trading value, minimum price value, average trading price, significant volatility, Hedera price prediction, current price, distributed ledger technology, average forecast price, the cryptocurrency market, own research, and Hedera Hashgraph forecast, among different factors.