Categories: Altcoins

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

Click here to view original web page at themerkle.com

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.

Predictably, #Holochain will be launching more exchanges in future. Most of the star projects of 2017 have about 0.5million owners. The number of holders represents the consensus strength, when #holo has 500,000 holder, you have no chance to buy it below $0.01
fighting…

— HAN (@Yunli32154068) February 11, 2019

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.

Image(s): Shutterstock.com

cinerama

Illuminati, Mason, Anonymous I'll never tell. I can tell you this, global power is shifting and those who have the new intelligence are working to acquire this new force. You matter naught except to yourself, therefore prepare for the least expected and make your place in the new world order.

Disqus Comments Loading...
Share
Published by
cinerama

Recent Posts

It’s Expiry Friday, Will Bitcoin’s Price Fall Once More?

In precisely five days, the September fiat settled bitcoin futures contract at CME expires.Yes, another month is nearly over, so… Read More

6 hours ago

‘Big Four’ Auditor Deloitte to Let Employees Buy Lunch with Bitcoin (BTC)

The “Big Four” auditing firm, Deloitte’s Luxembourg unit is working on letting its employees pay for lunch using cryptocurrency, especially… Read More

6 hours ago

Patrick Byrne Sells Overstock Shares for Crypto and Precious Metals

Patrick Byrne , the former chief executive of Overstock.com who sent shockwaves through the blockchain community not too long ago… Read More

6 hours ago

Canada’s Bit Farms Buys More Than 2,000 Mining Machines

Bit Farms, a cryptocurrency mining company stationed in Canada , has bought more than 2,000 new A10 Avalon mining machines… Read More

6 hours ago

Key Economic Indicators Due This Week a Gauge of Consumer Strength

In addition to economic data, the stock market anticipates comments from dovish St. Louis Fed President James Bullard this week.… Read More

6 hours ago

Digital assurance: The “Killer app of Blockchain” according to VeChain

Digital assurance: The "Killer app of Blockchain" according to VeChain According to Sunny Lu, the co-founder, and CEO of VeChain,… Read More

6 hours ago

This website uses cookies. We use these cookies to collect data about your interaction with our website for the purpose of continuously improving your experience with our site. For more information we encourage you to read our privacy policy.

Read More