Harmony (ONE) Price Prediction Analysis

There are various cryptocurrencies that rose to a new all-time during this 2021 bull run. In contrast, some crypto assets also faced a price drop. As a result, many digital currency traders are worried about whether it is time to hold or sell their digital assets. This is also the same situation that cryptocurrency traders could experience in ONE.

Nevertheless, the crypto market is consolidating lately, and many cryptocurrencies are losing their previous profits. Will ONE experience the same price volatility? We’ll find out shortly in this article but first, let’s have a look at what happened with its performance so far.

What is Harmony (ONE)?

Cryptocurrency Harmony
Ticker SymbolONE
Market Cap$1,025,958,148 USD
Trading Volume$51,256,347 USD
Volume / Market Cap0.05005
Circulating Supply10.45B ONE
Total Supply13,151,825,156
(The above details stand valid as of Aug 27, 2021.)

Harmony is the next-generation sharding-based blockchain project that aims to solve the scalability problems of Ethereum and other blockchain platforms. Harmony will support smart contract infrastructure and it is hoped that the project can deliver a decentralized ecosystem with high performance, interoperability capabilities, and effective governance.

Harmony envisions becoming much more scalable than Ethereum per shard by leveraging new technologies such as proof of stake (PoS) consensus to replace unneeded nodes on each shard once they have been completed or finalized. This aspect means Harmony will be able to process many transactions across different shards in parallel rather than sequentially.

Harmony (ONE) Price Analysis Trend So Far

In April 2020, Harmony changed its network with more focus on sharding and staking. It already has new momentum in prices because of these changes; this project was initially an up-and-coming startup that then raised nearly $18 million worth of funding before holding their IEO (Initial Exchange Offering) for the Binance platform where they sold fungible tokens to get even more transactions into the system. This had success as it was listed in June 2019 at a price of 0.0021 USD per token, but quickly went up 33% after being so popular!

Harmony (ONE) Price Prediction 2021

Our short-term ONE price prediction for 2021 is bullish. It has a high possibility of surpassing its current all-time-high (ATH) at about $0.22 this year. If it manages to do so, there will be an influx of several new investors.

Harmony (ONE) Price Prediction 2022

At the start of January 2022, the price for ONE is predicted to be around $0.1422 USD. 2022 could be a gamechanger for the ONE token. The team at Harmony is actively forging partnerships to scale up the process of building decentralized apps, also known as Dapps. These applications will be on the Harmony Mainnet built to bridge the gap between blockchain with mainstream finance.

The developer team at  Harmony believes and advocates the ‘keep your head down and work’ approach. It is one of the reasons the founders didn’t spend huge amounts of money on promotions and marketing events. That being stated, the plethora of knowledge and technical prowess that the team at Harmony possesses is praiseworthy.

Although there may be a few inhibitions with regards to the tokenomics of the ONE token, the team at Harmony has some pretty ambitious plans for the future. The recent videos released by the developer team highlighted a lot of these projects that are in their pipeline. All these could culminate into the price of the ONE token reaching $1 by 2022. Since the market capitalization of the ONE token is still pretty low, the token could be susceptible to greater volatility. We predict the downside for the ONE token could reach as low as $0.1194.

Harmony (ONE) Price Prediction 2025

The long-term prediction for Harmony’s ONE token is a bit tricky. With the volatile nature of the cryptocurrency market, there might be a few factors to consider. First of all, the team at Harmony needs to pay attention to the decentralized staking process. Currently, it is not very feasible for new validators to support the network. Most of the staking is done with a few older validators making the network more centralized. This has been pointed out to the team by several community members multiple times. The developers have acknowledged this and assured us that they are working on the same. However, it is yet to be implemented. If the community starts feeling neglected, there might be a lack of interest in the project. That would lead to less adoption and therefore would be a negative for the long-term price of the ONE token.

A modest estimate for the price of the ONE token in 2025 could be $3 on the higher side. At the lower end of the spectrum, the price could be in the ballpark of $1.35.

Summary: ONE Price Forecast and Long-Term Price Predictions


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