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Keep in mind that there is more circulating hbar now than the previous cycle so $0.60 is about 3x the market cap high of the previous cycle even though it is not 3x the price. If hbar is trading for $1 then they need to buy 100 hbar. First of all, i have been researching the hbar coin for 1 year
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The projects of the company attracted my attention The price of hbar doesn’t matter with regard to cost of transactions because the transactions are priced in usd I tell myself why not
Because after seeing the price increase of coins like aave, avax, egld
Then i researched these coins i counted Their total price supply and circulating supply are very. I have hbar, love the concept, and will keep it for a long time But $10 dollars is a stretch
Keep in mind we are not using the max supply of hedera yet We are around 33.5 billion in circulation and max out at 50 billion That will dilute the price a bit more over time But not by too much
So, let's do some simple math.
What is everyone's price prediction for hbar in 2024 assuming the bullrun occurs Best open comment sort options add a comment wgcole01 • Just for fun and to lighten and lift our spirits , what's a price prediction you have for hbar say in the year 2027 You can explain why you chose that price or simply state a price if it's just a gut feeling !!
If it were to happen the price would go far beyond what you might predict because the speculative buying would piggyback on the supply demand fundamentals I think that you are the one not understanding $100 per hbar would make hbar the highest market cap of any stock/crypto in history, by quite a large margin.
