š¤ Will Hedera (HBAR) Reach $1 or Even $10?
HBAR could potentially reach $1 if it experienced immense growth, but reaching $10 is very unlikely. With a circulating supply of 35.75 billion tokens, its market cap would be $35.75 if HBAR reaches $1 and $357.5 billion if it reaches $10. While the former is difficult but still achievable, the latter prediction is very unlikely.
In this article, weāll explore why reaching $10 for HBAR is unlikely and how it could potentially reach $1. Weāll also dive into our short-term price prediction to see what HBARās growth could look like in the year 2025.
šø Key highlights:
HBAR is a unique cryptocurrency, and it could leverage its one-of-a-kind technology to reach $1, but reaching $10 is incredibly unlikely
At the prices of $1 and $10 per coin, HBAR would reach market caps of $35.75 billion and $357.5 billion, respectively
While itās very unlikely that HBAR will reach $10, reaching $1 or maybe even a bit more isnāt completely out of the question
At its all-time high in September 2021, HBAR reached almost $0.57 and commanded a market cap of nearly $5 billion. Hedera offers a unique alternative to traditional blockchain technology with its distributed ledger technology known as hashgraph, but is that enough for it to reach $1 or even $10?
šø Will Hedera reach $10?
Hedera reaching $10 is an unlikely scenario. Our Hedera price prediction forecasts a 190% price increase from the current price in the next 12 months, meaning it would reach $0.144. While that is certainly a huge price increase, itās virtually nothing compared to the 20,661% increase needed for HBAR to reach $10.
There is no direct comparison we can make between Hedera and another cryptocurrency to better visualize what reaching $10 would mean for HBAR. However, we can still compare it to popular cryptocurrencies like Ethereum to show why $10 per token is an unrealistic price goal for HBAR.
