HOT crypto can be purchased on more than 4 different crypto exchanges. Binance and HitBTC, are the most popular. It is possible to purchase HOT using EUR, USDT, stablecoins BNB, ETH, or BTC. Binance has the most current 24-hour volume data. Bittrex's usdt trade pair is the most liquid. A depth percent value is a measure of liquidity. This is the percentage or live bids/offers that are 2% lower or higher than the current market price. Below are the most common trading platforms for HOT.
HOT underperformed its rivals, especially the popular holochain in May. The Chinese market crash impacted the coin severely, but the coin recovered and made significant moves in its second half. HOT broke its key resistance in August, reaching $0.01306 before generating an even bigger high. It had surpassed $0.014 by August's end and is currently falling towards $0.009 support. However, HOT's price could climb to $0.018 by end of year. This is extremely unlikely.
In October, the price of HOT began its upward trend and rose above $0.0142. The coin's initial price peak was around $0.0003USD. It then experienced a rapid rise in mid-March. The price dropped to $0.0108 and fell below it in May 2022. The HOT/USD exchange rate has risen fourfold in the last year, reaching nearly $0.0003 on May 5, 2018. Investors were pleased to see that trade was moving up despite being flat throughout the year. Unfortunately, the uptrend was only temporary and it is now close to a 12-month high.
Despite volatility in HOT's stock price, it is still a worthwhile investment. Long-term, it may be worth more than $1. This cryptocurrency is already a major digital asset. It's an excellent reason to invest in it. Its developers have put its reputation at risk by launching it. Due to the coin's increasing popularity, many potential companies and app makers are considering it. HOT's current price is just the tip of the iceberg. It's still a great time to invest in HOT.
Many factors affect the price and availability of HOT coins. Arthur Brock, the founder of Holo Coins, predicted that the first Holo coin would cost $1 within the next few years. The market is still in its infancy. There are many factors that affect the price of the currency. It will likely be launched in 2020 according to some, while others predict it will launch in 2022. This is the first time the cryptocurrency has ever been publicly listed. Its innovative technology is evident in the success of this cryptocurrency.
According to price predictions, the HOT prices have risen by a combined total of 137 Percent in a year. In the past two years, it has jumped a total of 3650%. It is currently near its $0.0175 resistance zone. The coin also has a morning star pattern that suggests a bullish reversal. Markets have been saturated with cryptocurrency news about HOT's rising value.
FAQ
Are there any places where I can sell my coins for cash
You have many options to sell your coins for money. Localbitcoins.com, which allows users to meet up in person and trade with one another, is a popular option. Another option is to find someone willing to buy your coins at a lower rate than they were bought at.
Is there a limit to the amount of money I can make with cryptocurrency?
There is no limit to how much cryptocurrency can make. Trades may incur fees. Fees will vary depending on which exchange you use, but the majority of exchanges charge a small trade fee.
Where can I get my first bitcoin?
Coinbase lets you buy bitcoin. Coinbase makes secure purchases of bitcoin possible with either a credit or debit card. To get started, visit www.coinbase.com/join/. You will receive instructions by email after signing up.
What is a decentralized exchange?
A decentralized exchange (DEX) is a platform that operates independently of a single company. DEXs don't operate from a central entity. They work on a peer to peer network. This allows anyone to join the network and participate in the trading process.
How To Get Started Investing In Cryptocurrencies?
There are many ways that you can invest in crypto currencies. Some prefer trading on exchanges, while some prefer to trade online. It doesn't matter which way you prefer, it is important to learn how these platforms work before investing.
Which cryptos will boom 2022?
Bitcoin Cash (BCH). It is already the second-largest coin in terms of market capital. And BCH is expected to overtake both ETH and XRP in terms of market cap by 2022.
Statistics
- Something that drops by 50% is not suitable for anything but speculation.” (forbes.com)
- That's growth of more than 4,500%. (forbes.com)
- While the original crypto is down by 35% year to date, Bitcoin has seen an appreciation of more than 1,000% over the past five years. (forbes.com)
- In February 2021,SQ).the firm disclosed that Bitcoin made up around 5% of the cash on its balance sheet. (forbes.com)
- A return on Investment of 100 million% over the last decade suggests that investing in Bitcoin is almost always a good idea. (primexbt.com)
External Links
How To
How can you mine cryptocurrency?
The first blockchains were created to record Bitcoin transactions. Today, however, there are many cryptocurrencies available such as Ethereum. These blockchains can be secured and new coins added to circulation only by mining.
Proof-of-work is a method of mining. Miners are competing against each others to solve cryptographic challenges. Miners who discover solutions are rewarded with new coins.
This guide shows you how to mine different cryptocurrency types such as bitcoin, Ethereum, litecoins, dogecoins, ripple, zcash and monero.