This is just my thoughts on the most bullish chart in crypto. HBAR will probably be listed on coinbase and many other major exchanges once they complete their Rosetta Integration. The token has been asleep for now and anything under .04 is a great long term accumulation in my opinion. The targets posted in the chart are conservative and only represent the first impulse, HBAR can and will go much higher and I personally believe HBAR will a top 10 coin by the end of 2021. The token is unlike any other in the industry.
The targets listed top out at 45 cents USD per HBAR with BTC @ $30k
Looking at the broader crypto market, at the end of the cycle, I believe BTC will be down to 15% market dominance and top out around $80k USD (1.4T marketcap). Given those figures, I project the crypto market as a whole to be between 9 and 10 trillion USD. I believe ETH will hit 20k per coin and also top 2.4T market cap. When you remove the ETH and BTC marketcap from the total market cap, there's about 5T left over of marketcap spread among the rest of the coins. When you compare the remaining 8 coins in the top 10 to the rest of the market historically you'll notice that those coins consume about 81% of the remaining market cap. If I'm correct and there's roughly 5T of marketcap left over when you remove BTC and ETH, the remaining 8 coins should account for about $4T (80% of $5T). Even on the low end of the top 10, HBAR could have a marketcap well north of 300 billion USD. Given the amount of tokens that will be in circulation by then (roughly 9 billion), that would create a token price of HBAR north of $30 USD. From these prices, that would represent an 877 times return on your investment.
I realize this is sheer conjecture but, it IS in the realm of possibility. HBAR has the best partnerships in the community, better technology then any other crypto and the THE ONLY A-byzantine fault tolerant crypto on the market. There is a tremendous amount of development being done on HBAR too. Hedara currently ranks #2 for enterprise crypto projects by Blocknomy blocknomy.net/index.php?filter_ref... and also rank as the 6th best project overall! Enterprise solutions are where the major adoption will take place, BTC is a store of value and ETH has scaling issues (both have flaws) HBAR seems to solve all of those issues and more.
Obviously this is only MY thoughts on the market and NOT financial advice, please do your own research.
Please take a moment and let me know your thoughts on the crypto market and where you see things going at the end of this cycle. How high do you think HBAR will get?
The targets listed top out at 45 cents USD per HBAR with BTC @ $30k
Looking at the broader crypto market, at the end of the cycle, I believe BTC will be down to 15% market dominance and top out around $80k USD (1.4T marketcap). Given those figures, I project the crypto market as a whole to be between 9 and 10 trillion USD. I believe ETH will hit 20k per coin and also top 2.4T market cap. When you remove the ETH and BTC marketcap from the total market cap, there's about 5T left over of marketcap spread among the rest of the coins. When you compare the remaining 8 coins in the top 10 to the rest of the market historically you'll notice that those coins consume about 81% of the remaining market cap. If I'm correct and there's roughly 5T of marketcap left over when you remove BTC and ETH, the remaining 8 coins should account for about $4T (80% of $5T). Even on the low end of the top 10, HBAR could have a marketcap well north of 300 billion USD. Given the amount of tokens that will be in circulation by then (roughly 9 billion), that would create a token price of HBAR north of $30 USD. From these prices, that would represent an 877 times return on your investment.
I realize this is sheer conjecture but, it IS in the realm of possibility. HBAR has the best partnerships in the community, better technology then any other crypto and the THE ONLY A-byzantine fault tolerant crypto on the market. There is a tremendous amount of development being done on HBAR too. Hedara currently ranks #2 for enterprise crypto projects by Blocknomy blocknomy.net/index.php?filter_ref... and also rank as the 6th best project overall! Enterprise solutions are where the major adoption will take place, BTC is a store of value and ETH has scaling issues (both have flaws) HBAR seems to solve all of those issues and more.
Obviously this is only MY thoughts on the market and NOT financial advice, please do your own research.
Please take a moment and let me know your thoughts on the crypto market and where you see things going at the end of this cycle. How high do you think HBAR will get?
Comment:
Hope everyone is enjoying this breakout. now that we've broken local usd resistance I think we'll see some explosiveness in the near term! if you missed the boat at .03, wait for a retrace and hop in. not financial advice, do your own research.
$1T+ category (besides ETH), that said, I believe $30-$48 to be the low end of the spectrum for HBAR. If this sounds far fetched, remember ETH was $1 in Jan 2016 and went on to hit $1500+ at the end of the cycle! A similar move for HBAR would put it at $58!