The altcoin market is heating up, with potential high-yield investments like Hedera Hashgraph (HBAR) making notable waves. Bullish news reports about the possible creation of a Hedera ETF have caused positive speculation about HBAR's future price, with a prediction of it reaching $5 by 2025. Hedera has allocated a whopping $389M worth in HBAR to support the expansion of their ecosystem. Though the HBAR's gains have seen minor reversals, it still shows potential for rebounding.
An upward thrust of 11% has positioned HBAR ahead of Stellar's market cap. Some crypto enthusiasts predict the HBAR price to hit $1 even before 2025. Recent political events such as Trump's election victory have also caused a surge in the crypto market, potentially impacting HBAR. HBAR and Tezos lead in bullish gains with over 25% upsurge. Regarding the HBAR's future, it is speculated that an approval for its ETF could prove beneficial.
As SpaceX announces its association with Hedera for its 2025 space mission, HBAR records incredible gains. The launch plans of WISeKey CEO, SEALCOIN Token, and the Hedera partnership suggest decisive moves in the crypto space. An imminent bullish rebound signaled by the HBAR price propels Canary Capital consider its spot ETF. An investment run involving Hedera and Filecoin also has everyone's eyes peeled.
After the establishment of the inaugural HBAR Trust by Canary Capital, HBAR ETFs are anticipated to be the next big event in crypto. With a possibility of Bloomberg analysts predicting Litecoin and Hedera ETFs' launch before Solana and XRP, Binance proceeds to list six new tokens, including Hedera. In light of such news, experts perceive potential for HBAR to reach 1 USD.
Hedera Coin News Analytics from Wed, 24 Apr 2024 07:00:00 GMT to Wed, 01 Jan 2025 03:15:23 GMT - Rating 9 - Innovation 8 - Information 7 - Rumor 8