Hello and welcome back my friends to the show that never ends here at the almighty altcoins. Over the past years, hedera hashgraph has made incredible strides towards institutional adoption and has secured multiple institutional partnerships. Putting the crypto project ahead of many in the area of enterprise-focused projects by the end of 2021. No doubt, hedera hashgraph has been raising a lot of eyebrows watch this video to the end. To know why hedera hashgraph is ready to explode.
Trust me, when I say HBAR is ready to dominate the world. Hbar is the future, and the future is no all right at the start of the year 2021. It is noticeable that many coins have geared up and skyrocketed in their prices. The hedera hashgraph cryptocurrency is one of the digital assets that surprises the crypto world with its performance today that crypto has had a growth rate of over 800 in the past year. A level truly favored by investors in terms of technology, hedera, hashgraph or HBAR, is a proof of stake.
Public network powered by hashgraph consensus. As a result, HBAR can perform fast transaction speeds with low bandwidth consumption. Also. This is one reason that made HBAR one of the most popular and leading digital assets in the crypto market. Now that we are already knowledgeable about what HBAR is and its functions, let us head into the charts and talk more about the profitability chance of the crypto.
This 2021 If you’re ready, let us now head to HBAR price analysis and prediction aspect, but before we move on make sure you give this video a thumbs up by clicking the like button subscribe to the channel and don’t forget to click that notification bell. That way, you don’t miss any of our next videos. All right now, truly blockchain solves tons of problems we are all facing in this crypto world, but hashgraphs solve the same problems that a blockchain does but differently. Hedera hashgraph brings three primary services to general users and developers in the crypto space. First Hedera Hashgraph is a cryptocurrency that can handle up to ten thousand transactions per.
Second all right. Hedera hashgraph boasts ten thousand transactions per second, as well as average transaction fees. Well, under one penny and transaction speeds of three seconds to five seconds, two hedera hashgraph offers scalable smart contracts. Three, it offers a file service. The potential applications of hashgraph similar to blockchain are infinite.
From settling micropayments to music and intellectual property rights, supply chain management, decentralized, advertising defy it and so on. There are over 300 dapps built on the hashgraph platform, including the digital health and connected diagnostics platform, safe health system incorporated used by over 150 000 users at delta, Arizona, state university and the coupon bureau. Since the dawn of the year, 2021 HBAR continues to rock the crypto space with its over 2 billion market cap. Do you think this is enough to convince investors about the profitability potential of crypto? Are you already interested to know, therefore?
What are you waiting for? Join me and let’s analyze HBAR price prediction: 2021 HBAR successfully managed to survive the market swings of the crypto market. Also, h, bar price boosts almost 350 from march, 2nd to the 15th, a performance that really attracts investors globally. If this train continues, HBAR might be able to climb up and break its 45 cent resistance level in no time if it does, the crypto price would be tagging along with the bulls in their territory above 460 dollars. Indeed, this is a bullish level favored by traders and investors in the crypto space.
So far, HBAR has proven its capability to be profitable crypto in the first quarter of the year. In addition, the crypto has an average 24-hour trading volume of over 500 million dollars. The big question now is: would this be enough for the crypto to maintain its uptrend position in the days to come? Hbar maintains its uptrend position, despite the crypto market’s wild volatility. In addition, the chart also displays the crypto price search of almost 332 percent.
In the past 30 days, indeed, this is a price level that could put traders and investors in a state of FOMO or fear of missing out on currently HBAR trades at a high price of 37 cents, with a growth rate of 63.9 in just the past seven days. Furthermore, it is also noticeable that HBAR is forming a strong consolidation at the Fibonacci price level of 23 cents. If this price consolidation continues to gain more support from the bullish market, HBAR might break its 37 cent resistance. If it does, the crypto can go all the way and pass the bullish price of 45 cents.
In this case, the door towards the bullish territory will open an opportunity for HBAR to reach 60 cents. Best of all the bullish territory provides a pathway for the crypto to skyrocket, its price to one dollar. Of course, this is possible if HBAR continues to win the trust of its investors. HBAR continues to be one of the more active cryptocurrencies in the crypto space. If the trend continues, there is a chance that HBAR might reach one dollar in no time, it’s very much possible that HBAR might reach two dollars in the near future.
As per the current bullish trend, Hedera Hashgraph is among the green crypto catching the eyes of environmentally conscious investors. Hedera is the trust layer of the internet, a decentralized public network for you to make your digital world exactly as it should be yours, whether you’re, a startup or enterprise, a creator or a consumer hedera goes beyond blockchain for developers to create the next era of fast, Fair and secure applications with the search for green crypto, speeding up more investors, are taking an interest in HBAR. As a result, crypto has seen its price increase roughly 23 over a 24-hour period as of yesterday. This has its sitting at close to 33 cents per token. Okay.
Now, let’s compare HBAR with other projects. Let us compare Hedera Hashgraph to bitcoin and Ethereum, based on transaction fee and security with bitcoin and Ethereum’s transaction speeds at 7 tps and 15 tps respectively HBAR’s Hashgraph transaction speed is at 10 ktps transaction fees on Ethereum and bitcoin can be up to 3 cents to 10 or more, in some cases where the network is congested with no miners to compensate as Hedera Hashgraph uses a proof of stake. Consensus. Algorithm fees on the network can stay at a point. Zero zero zero one cent, irrespective of the network congestion and paid in hbox, making it stable and attractive for enterprise use and adoption talking in terms of security, bitcoin and Ethereum, currently use the proof of work.
A consensus algorithm, while Hashgraph using an abft, asynchronous byzantine fault, tolerance, algorithm claims to have highest levels of security for a consensus, algorithm, Hashgraph’s abft algorithm can achieve consensus with 100 finalities by assuming that messages within honest nodes will be delayed or never reach their recipients, such as In a case of malicious attack, hedera also doesn’t require energy-heavy proof-of-work resources for diversity and stability. Hedera is backed by a council of 39 term-limited organizations and blue-chip enterprises representing 18 industries worldwide, including Australia, Japan, south America and India. Hbar is a good investment for the long term, as the weekly time frame analysis highlights a recent increase to imply pressure. Experts expect the asset to attain a two times market cap projection from the current price level of 35 cents. Also, there is ongoing development on the hedera Hashgraph project.
The hedera Hashgraph project currently has 55 repositories on its GitHub page with hedera services as the main repository of my HBARwallet, hedera wallet, android and hedera wallet ios as wallet repositories. Folks. This is the time to grab as many h-bars as you can. I know a little frustration is in the environment of h-bar holders, seeing a joke like a doge, multiplying multi-folds in value, while a sleeping giant like HBAR is still getting unnoticed, can take a toll on you and doubt your decisions and don’t forget if coinbase finally lists HBAR, Which might happen very soon, HBAR will go up. Trust me.
This is the time of opportunity. This is the only time when HBAR is going to be available cheaply and could be bought in huge quantities in future. People will revisit this time in their brain and will only think of one thing: why didn’t I buy more, buy more HBAR and thank me later, okay! Well, that’s gonna do it for today, if you enjoyed this video and want more, please just leave a comment below and I would be more than happy to make those videos for you now. Don’t forget to subscribe.