Harmony Price Prediction 2023-2031: Can ONE Rise Soon?
Harmony Price Prediction 2023-2031
- ONE Price Prediction 2023 – up to $0.026
- ONE Price Prediction 2025 – up to $0.057
- ONE Price Prediction 2028 – up to $0.16
- ONE Price Prediction 2031 – up to $0.50
Harmony ($ONE) started the year 2022 by advancing the Web3.0 development of the Harmony ecosystem. To do that, a partnership was announced with 4everland on January 4, 2022. With the announcement, Harmony front-end developers will be able to deploy on IFPS via 4everland hosting services.
Another development was DefiKingdoms, a decentralized app in the Harmony One ecosystem leading the top blockchain games on DappRadar. Harmony One is keying into market potentials and key trends. The likes of DeFi, NFT, and bridges are all discussed together with Web3 economy and infrastructure.
Since then, Harmony has upgraded the Harmony LayerZero bridge to allow the bridging of 7 previously unaffected tokens that bridge to the Binance Smart Chain side including the BEP20 versions of: DAI, USDC, USDT, CAKE, ETH, ADA, WND.
Harmony was the first blockchain to combine Proof-of-stake and sharding. Sharding is the ideal scalability solution: it distributes data across multiple machines in a way that preserves both security and decentralization. Learn more about the current developments to stay warm during Crypto winter, and meet top experts, builders, web3 enthusiasts, entrepreneurs, and investors. Lunch & drinks to be provided. Or stay tuned in on further developments of this 7 December 2022 ONE milestone.
In the current exchange brouhaha, you are teetering on the edge of uncertainty; this is why we are updating this guide to help you evaluate ONE for your investment portfolio. But first, let’s know more about Harmony (ONE). A friendly reminder, if you’re interested in a particular cryptocurrency, do your research and be open-minded.
Today’s Harmony price is $0.014844 with a 24-hour trading volume of $6,268,766.. Harmony is up 2.02% in the last 24 hours. The current CoinMarketCap ranking is #126, with a live market cap of $191,421,904. It has a circulating supply of 12,895,171,766 ONE coins and the max. supply is not available.
Read also:
- Harmony Staking: How to Earn Rewards
- Harmony Horizon bridge loses $100M due to hack
- Harmony price analysis: Harmony ONE towards new discoveries as bullish momentum inflates to $0.315
What is Harmony (ONE)?
Harmony (ONE) is a decentralized blockchain platform created to bridge the gap between scalability and decentralization. The cryptocurrency development focused on sharing data and creating marketplaces of any fungible token and non-fungible assets.
Harmony has invested heavily in its blockchain, with high incentives for developers on the blockchain. Harmony is setting a pace revolutionizing the way they conduct business by ensuring equality and trust in a world filled with inequalities.
With Harmony One, you can earn compound interest by staking for over 10% and compounding your rewards. The project is also currently working on getting rewards up to 20%.
Harmony One has a 300 million grant program accelerating development in our ecosystem. We just secured a partnership with AAVE and are close to finishing a vote to secure a partnership with CURVE. Curve and AAVE have the 2 highest total values locked in the crypto space. Combine that with our Bitcoin bridge that’s launching soon, and you have even more liquidity that can flow into the Harmony ecosystem to take advantage of DeFi products.
The developments will bear fruit in the long term as more use cases continue to emerge in the blockchain space. Harmony is already invested in the metaverse, NFTs, and gaming sectors.
Cryptocurrency for Millenials
Harmony ONE might be the cryptocurrency for Millenials after solving the delicate balance of decentralization and scalability. Harmony proposes the following:
- Remove the barriers preventing cryptocurrencies from being real digital money, which is all about the scaling problem faced by coins like Bitcoin. The increased popularity bitcoin faced brought about a cost increase in how the payment system is used. This problem is solved by implementing a deep sharding protocol covering transaction validation, network communication, and blockchain.
- Set Harmony apart from other blockchain solutions by getting a greater transaction throughput than before, which forces the blockchain solutions to achieve performance gains by sacrificing other features.
Characteristics of Harmony (ONE)
After having a look at what the aims and objectives of the harmony project are, let us take a look at some characteristics of harmony cryptocurrency;
- One important characteristic of Harmony ONE is its scalability.
- Harmony’s sharding system is highly dependable because of its distributed randomness generation (DRG) infrastructure, which is scalable, verifiable, and unbiased.
- Harmony is related to Proof-of-stake, making it energy efficient and dependable. Also, the Consensus has a linearly scalable BFT approach which is a hundred times faster than PBFTs.
- Harmony (ONE) has an adaptive thresholded Proof-of-Stake system.
- Harmony supports dependable cross-shard contracts that can completely communicate directly with each other.
- Harmony also supports a scalable networking infrastructure.
Harmony (One) ensures the crypto space has a dependable blockchain system to boost its protocol and network layers. Harmony (ONE) also allows systems that were not viable on blockchain before, including high-volume decentralized exchanges, interactive fair games, visa-scale payment processes, and IoT transactions. All things considered; Harmony aims at creating an appropriate environment.
You have learned basically everything about Harmony. How beneficial will the token be now and in the future? Let us check out the harmony price analysis and price prediction together.
Harmony Overview
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Harmony ONE staking rewards
There are a number of reasons why Harmony ONE staking is growing in popularity. Some of the key reasons include:
- This blockchain has a high degree of scalability, allowing for the transfer of data and value between shards.
- The platform uses an energy-efficient consensus mechanism, making it a great choice for those who want to participate in staking to earn staking rewards
- It is safe, thanks to its use of the Byzantine Fault Tolerance protocol.
- This token has an incentivized node program that rewards harmony staking users for running nodes. This makes it a great choice for those who want to participate in staking and help secure the blockchain.
- It is compatible with Ethereum, making it a great choice for those who want to build DApps.
- It is fast, thanks to its use of the FBFT consensus algorithm. Transactions are confirmed in as little as two seconds.
- It is efficient, thanks to its use of an aggregate signature to sign transactions minus the validator fee on the frontier wallet.
How much can I earn with Staking?
For long-term holders, Harmony ONE staking is an ideal strategy since the coin might increase its value in a couple of years; at current market prices, staking 10000 ONE would return $196.
This is not financial advice; just letting you know some scenarios and how Harmony ONE staking could work. You should research more about ONE and its applications.
Harmony Price History
Harmony (ONE) started the year at $0.042 and surged to a then-high of $0.2233 on 29 March 2021. That’s a rise of $5,216%. In April 2021, ONE experienced massive price swings, falling from its March high to $0.0850 on 23 April 2021, losing 61% of its value.
When the price crashed from 37 cents to 32 cents 5 months ago, many people panic-sold. What they didn’t look at was the depth chart. A huge buy wall and very low sell volume brought the price down. The next day, the price was back up again to 35 cents, and there was a huge sell volume and very small buy volume.
This is how whales and bots manipulate this market and paper hands fold. Before panic-selling your crypto, look at what is going on in the depth charts.
Why does this happen, and what does it mean? Here’s a toned-down explanation from a lengthy one:
- You want to buy 10M in bitcoin (or some other asset). If you just put buy orders, you will cause an increase in price which will make it more expensive for yourself.
- Instead, you spend a smaller amount (in this example 1M) to buy in small increments at market price. It may move the price up a bit but not as much.
- Once you have 1M worth of crypto, you put one big fat sell order (the wall). You hope this will scare the market, as it looks like some big player knows something bad is about to happen and wants to urgently sell before it’s too late. You don’t really intend to sell, you just put the order to create panic. If the market doesn’t take the bait and they start buying from you, you simply cancel the order and maybe try again sometime later.
- People that misread the wall and want to sell, have to offer a lower price (they undercut you). Otherwise, they would have to wait until you sold all your 1M.
- You buy from them. You keep buying from them until there are no more people willing to undercut your wall. This way you can buy the rest of the 10M you wanted to buy originally, but the price never goes over the price of your sell order (the wall).
- Once you bought all you wanted to buy, or when there are no more sellers undercutting you and buyers start buying from your wall, you cancel the sell order.
In essence, you put large sell orders, not to sell, but as a way to ensure the price won’t increase while you buy from people scared of what the wall implies.
The same mechanism works the other way. When you want to sell, you put a buy wall and sell to those who want to buy, thinking it’s a bull market.
A lesson in crypto: DONT PANIC SELL. CHECK THE DEPTH CHART. HODL.
New Developments in the Harmony Network
Harmony is making significant strides before the end of the year 2022. Recently, the network partnered with BitFinex. It is essential to know that BitFinex is a digital token trading platform that offers state-to-the-art services for traders and liquidity providers.
Harmony also revealed that it had upgraded the Harmony LayerZero bridge to allow the bridging of seven previously affected tokens to Binance Smart Chain, including BEP20 versions.
Harmony Technical Analysis
Harmony s currently trading below the 200-day simple moving average (SMA). The 200-day SMA has been signaling SELL for the last 296 days since Feb 11, 2022.
Harmony’s price is below the 50-day SMA, and this indicator has been signaling SELL for the last 26 days, since Nov 08, 2022. Again, the Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 45.70, which indicates that the ONE market is in a neutral position.
The current market sentiment condition appears to be in a negative approach, meaning that it is still in a bearish momentum. Hence, ONE investors need to trade more carefully at this time.
Harmony Price Predictions by Cryptopolitan
Many digital assets have come under a lot of pressure in 2022, and Harmony One is no exception. Moreover, the overall price outlook of the coin remains positive, as we might see a significant breakout very soon. Due to the price volatility that the market is experiencing at the moment, we refrained from making further predictions for 2022.
Harmony Price Prediction 2023
Our Harmony price prediction for 2023 is a maximum price of $0.026. The coin’s lowest price is expected to be $0.021, and the average trading price of the coin is $0.022. The influx of new projects with other powerful ad campaigns can boost the price of ONE in 2023.
Harmony Price Prediction 2024
Our Harmony price prediction for 2024 is a maximum of $0.037. The coin’s minimum price is expected to be $0.032, and the average forecast price of the coin is $0.033. In 2024, we hope to see the positive effects of projects and developments from 2023.
Harmony Price Prediction 2025
According to our Harmony price prediction for 2025, the coin’s maximum price is expected to be $0.057. According to our forecast, the minimum price of ONE in 2025 is $0.048, while the average ONE price would be $0.050.
Harmony Price Prediction 2026
Our Harmony price prediction for 2026 is a maximum of $0.084. The minimum price the coin will have by the end of 2026 will be $0.070, while its average trading price is expected to be $0.072. The growth will be enabled by the continuous growth of the ONE tokens, the Harmony network, and its ecosystem.
Harmony Price Prediction 2027
Our Harmony price prediction for 2027 is a maximum of $0.12. The minimum price the coin will have in 2027, according to our forecast, is $0.098, while its average price forecast would be around $0.10 by then.
Harmony Price Prediction 2028
Our Harmony price prediction for 2028 is a maximum of $0.16.The lowest price the coin will have in 2028, according to our forecast, is $0.13, while its average trading price is expected to be around $0.14.
Harmony Price Prediction 2029
Our Harmony price prediction for 2029 is a maximum of $0.23. According to our forecast, the minimum price the coin will have by the end of 2029 is $0.19, while its average price is expected to be around $0.20 by then.
Harmony Price Prediction 2030
Our Harmony price prediction for 2030 is that ONE could skyrocket, and its highest price could reach $0.33. The lowest price of the coin is $0.28. The average trading price of the coin is expected to be $0.29.
Harmony Price Prediction 2031
According to our Harmony price prediction for 2031, the coin’s maximum price is expected to be $0.50. According to our forecast, the minimum price of ONE in 2031 is $0.41, while the average ONE price would be $0.42.
Harmony Price by Trading Beasts
According to Trading Beasts, Harmony is expected to increase by January 2023 and have a maximum price of $0.028. By the end of 2023, ONE is expected to decrease and reach a maximum price of $0.025.
By 2024, Harmony is expected to have a maximum price of $0.0347 with a minimum price of $0.023. The average trading price of the coin by that time is expected to be $0.027.
Trading Beasts predicts that ONE will have a maximum price of $0.0445 with a minimum price of $0.0303. The average price of the coin by then is expected to be $0.0356.
Harmony Price Prediction by Wallet Investor
Wallet Investor predicts that ONE is a bad long-term investment. They expect the coin to be worth $0.00144 in one year. In five years, Wallet Investor expects the coin to devalue by 95.6%.
Harmony Price Prediction by Digital Coin Price
Digital Coin Price predicts that the maximum price of Harmony ONE will be $0.0378 by 2023. The coin’s lowest price by then is expected to be $0.0312.
By 2025, ONE is expected to have a maximum price of $0.0670, with an average trading price of $0.0650.
By 2031, ONE is expected to have a maximum price of $0.28, with an average trading price of $0.28.
Harmony Price Prediction by Industry Influencers
Harmony blockchain provides seamless interactions for game developers; below is a short clip from rocket monsters universe, a play-to-earn game built on Unreal Engine 5.
Harmony, from its all-time high, is down by more than 90% — meaning that we might have seen the low for the bear market, and there are chances that soon we might see a reversal to the upper side. Industry Expert @Teshkid FX stated that there might see ONE increase in price. According to their ONE price prediction, they expect the coin to surpass its all-time high and reach new heights.
Conclusion
Harmony forecast is nearly stagnant in 2022 after the huge drop from $0.3689 in January. One coin will then pick positive momentum from 2023.
Harmony has been held captive by bears this year. Harmony has lost 88% this year alone. It has been falling in the past few days after trading sideways for weeks. The recent downtime by Celcius caused panic in the crypto world. Harmony is trading at a discount. The future price market reversal in the crypto market will be profitable for investors.
The blockchain platform Harmony appears to have massive potential. The platform is actively being developed, and the project team consists of seasoned specialists. The project provides answers to the cross-chain interoperability and scalability difficulties that are now hot topics in the blockchain sector. By implementing a number of improvements intended to improve the scalability and security of its blockchain, Harmony is attempting to set itself apart from rivals that also utilize sharding technology.
Harmony does seem to have solved the scaling problem, with the ability to handle as many transactions as Visa. For investors seeking businesses with long-term development potential, Harmony looks to check many of the right boxes when combined with cheap gas fees, cross-chain possibilities, and an energy-efficient consensus mechanism. However, it is important to keep in mind that Harmony has just recently launched a number of technological advancements. It is still unclear if Harmony has actually resolved the scalability trilemma, which involves scaling up without sacrificing security and decentralization.
Harmony may possibly be a good investment, but its future success depends on a number of variables that are as of yet unknown. These include whether the ecosystem is able to achieve one million users and how effectively the sharding mechanism withstands any malicious attacks.
Macroeconomics and the effects of any foreseeable regulation of cryptocurrencies are other considerations. It is always important to keep in mind that the cryptocurrency market is extremely volatile and that the value of all tokens and coins might fluctuate up and down, so you should research and seek investment advice before investing.
Furthermore, start-ups like Harmony must be valuable for ongoing price increases to depend on anything other than conjecture. The possibility of cryptocurrencies replacing traditional finance is still a long way off. Many coins, like ONE, are valued at least in part based on the potential function they may have in this system. However, cryptocurrencies might never be extensively utilized due to legislation or because the technology is still insufficient.
Based on our Harmony price forecast, we expect ONE to increase. Even though the bears currently control the market, we predict that Harmony ONE will be a good investment due to the project behind it. As always, ensure you do thorough research before investing this token, and only invest funds you can lose.
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