The price of Hedera has been going up with close to 200% increase in the past 14 days. This has called some attention to the token again.
A YouTube channel with over 7,000 subscribers recently uploaded a 10-minute video discussing the potential value of 70,000 HBAR tokens by 2025. The video also provides a brief overview of Hedera and its native token, HBAR.
The expert begins by highlighting the current trading price of HBAR, which stands at around $0.051 at the time of the video. This values the 70,000 tokens at approximately $3,570. The expert notes that this price point makes HBAR an attractive investment option for those seeking projects with significant growth potential.
The discussion centers on HBAR as the native token of Hedera, a public network designed for decentralized applications. Its eco-friendly infrastructure aims to outperform traditional blockchain platforms by addressing issues of speed and stability. Launched after an ICO in 2018, HBAR has been positioned as a utility token essential for network services and security.
The expert highlights HBAR’s historical price trajectory, which includes a peak of about $0.57 in 2021. They note that if investors had held 70,000 HBAR at that peak, the tokens would have been valued at nearly $39,900, indicating strong market confidence in Hedera's technology.
Hedera's unique hashgraph consensus mechanism boasts high speed and energy efficiency, making it a viable option in a landscape increasingly concerned with sustainability. The expert also discusses HBAR partnerships, particularly with tech leaders like Google Cloud and IBM, which enhance Hedera's credibility and operational capabilities.
The expert suggests that HBAR could realistically reach between $0.08 and $0.10 by 2025. However, with the 200% spike in the last two weeks, the price is already trading around these levels. They also mention the possibility of HBAR hitting $1 during a strong bullish market, which would skyrocket the value of those tokens to $70,000.
At a buying price of $0.051, which is around $3,570, 70,000 HBAR tokens will be worth the following at various predicted prices.
- If the price remains at $0.08 and $0.10, 70,000 HBAR tokens will remain around $5,600 to $7,000.
- If the price rises to $1.00 under a strongly bullish scenario, it will be worth around $70,000, while at $2 it will be worth $140,000. The analyst thinks that $2 is possible if Hedera solutions are adopted at a high rate.