![HOT](https://images.mudrex.com/HOT.png)
Holo
HOT
Watchlist
₹0.13
LIVE
Watchlist
24H Low ₹0.13
24H High ₹0.14
Price of HOT today
The current live price of HOT today is ₹0.13, with a 24-hour trading volume of ₹50,08,15,354.73. Our HOT to INR price is updated in real-time. HOT has seen a increment of 1.64% in the last 24 hours. With a live market cap of ₹22,94,11,96,399.68 , the circulating supply is at 173,776,360,398 HOT coins, with a maximum supply of 177,619,433,541HOT coins.
Holo Price History
Date Comparison | Amount Change | % Change |
---|---|---|
Today | ₹0.001533 | 1.18% |
7 Days | -₹0.01 | 8.28% |
30 Days | ₹0.003788 | 2.94% |
1 Year | ₹0.03 | 34.35% |
Holo Price Information
Price Change (1hr)
1.51%
Price Change (24hr)
1.18%
Price Change (7d)
8.28%
Holo Market Stats
Market Cap
₹22,94,11,96,399.68
Fully Diluted Market Cap
₹23,44,85,42,137.90
24hr Volume
₹50,08,15,354.73
29.71%
Circulating Supply
173776360397.95 HOT
Total Supply
177619433541.14 HOT
Things to know about Holo
What is the token?
Holo (HOT) is an ERC-20 token designed to bridge the transition to HoloFuel, a currency that will power the Holo hosting network. Holo aims to facilitate a distributed internet where users host peer-to-peer (P2P) applications on their devices, offering an alternative to the traditional centralized web hosting services. The Holo network leverages Holochain, a framework for developing decentralized applications (dApps) that emphasizes agent-centric data integrity over the global consensus model typical of blockchain technologies.
Tokenomics
Total Supply
: The total supply of HOT tokens is capped, aligning with the principles of scarcity and deflationary characteristics to potentially increase value over time.
Initial Allocation
: HOT tokens were initially distributed through an Initial Coin Offering (ICO), with a specific allocation for development, marketing, and the founding team to ensure the project’s long-term sustainability.
Purpose of the Coin
: HOT serves as a temporary placeholder that will be exchangeable on a 1:1 basis for HoloFuel. HoloFuel is designed to directly facilitate microtransactions for hosting services within the Holo network, incentivizing participation and contribution to the ecosystem.
Market Data
As of today #{today’s date}, the price of Holo is ₹0.13 INR or 0.001466 USD, with a 24-hour trading volume of 5552276.66 USD. The market capitalization for Holo is 254336988.91USD. The circulating supply is 173776360397.95 Holo, with the total supply also being 177619433541.14 Holo.
Token Pros and Cons
:
Innovative Technology
: Leveraging Holochain for a more scalable, efficient, and user-empowered internet.
Eco-Friendly
: Unlike traditional blockchain, Holochain’s design is energy-efficient, addressing concerns about the environmental impact of cryptocurrencies.
Agent-Centric Approach
: Prioritizes data integrity and user autonomy over global consensus, offering more flexibility and security for dApps.
Real-World Utility
: HoloFuel aims to facilitate real-world hosting services, providing a tangible use case beyond speculative trading.
Community and Developer Support
: A growing ecosystem and support for developers to build and deploy dApps on Holochain.
:
Complexity and Understanding
: The unique architecture of Holochain may present a learning curve for developers and users.
Adoption Rate
: As a relatively new concept, widespread adoption and network effect are yet to be achieved.
Regulatory Uncertainty
: Like many cryptocurrencies, potential regulatory changes could impact Holo’s operation and value.
Market Volatility
: Subject to the high volatility inherent in the cryptocurrency market.
Transition to HoloFuel
: The swap from HOT to HoloFuel adds a layer of uncertainty regarding the token’s future value and utility.
Why Should You Invest in the Coin
Participation in a Novel Ecosystem
: Investing in HOT exposes Holochain’s unique distributed internet model.
Potential for Appreciation
: Limited supply and the innovative use case may drive demand and, consequently, the value of HOT.
Supporting Decentralization
: Contributes to a more distributed, user-empowered internet.
Eco-Friendly Investment
: Aligns with growing interest in sustainable technologies within the crypto space.
Early Adoption Advantage
: Early investors may benefit from increased adoption and network expansion.
USP of the Coin
Agent-Centric Data Integrity
: Unlike blockchain’s global consensus, Holochain focuses on individual data integrity, offering a more scalable solution.
Energy Efficiency
: Designed to be significantly more energy-efficient than traditional blockchain technologies.
Direct Hosting Incentives
: HoloFuel directly compensates users for hosting dApps, creating a practical utility and incentive model.
The problem the Coin is Solving
Holo aims to address the limitations of traditional blockchain and centralized hosting services by offering a scalable, energy-efficient, and user-empowered platform for dApps. It seeks to decentralize the web, giving users control over their data and digital interactions.
Founder and Team Background
Arthur Brock and Eric Harris-Braun co-founded the Holo project, both experienced in developing alternative currency systems. Their backgrounds in software development and passion for creating systems that empower individuals have been crucial in shaping Holochain’s vision and technology.
ICO Price
The ICO for HOT took place with an initial offering price of 1 HOT = 0.0000002267 ETH (approximately USD 0.00015), successfully raising around USD 20.6 million.
Risks Associated in Investing in the Coin
Technological Complexity
: This may hinder adoption and understanding.
Market Competition
: Faces competition from other dApp platforms and cryptocurrencies.
Regulatory Risks
: Potential for adverse regulatory developments.
Swap to HoloFuel
: Uncertainties related to the transition and its impact on value.
Adoption and Network Growth
: Success heavily depends on achieving a critical mass of users and developers.
Whitepaper Insights
The Holochain whitepaper presents a detailed overview of a new distributed computing platform that is agent-centric rather than data-centric. This innovative approach allows for scalable, efficient, and flexible dApp development and hosting, addressing many of the limitations found in traditional blockchain technologies. Holochain empowers users, giving them control over their data and interactions without relying on centralized servers or energy-intensive consensus mechanisms.
The whitepaper outlines the technical architecture, including using distributed hash tables (DHT) for data storage and validation, ensuring data integrity and security. It also discusses the economic model, notably the transition from HOT to HoloFuel, designed to incentivize participation in the network by compensating users for hosting dApps.
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Price as per 11:22 PM • 07 Sep 2024
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What is the price of Holo (HOT)?
The current price of Holo (HOT) in INR is ₹0.13 INR.
What is the current HOT market cap?
The current market capitalization of Holo (HOT) is ₹22,94,11,96,399.68 INR. This value represents the total market value of all coins in circulation, calculated by multiplying the current price of HOT by the number of coins in circulation.
What is the current supply of Holo (HOT)?
The current supply of Holo (HOT) is 173776360397.95 HOT. This figure represents the total number of coins that have been mined and are currently in circulation.
What is the 24 trading volume of Holo (HOT)?
The 24-hour trading volume of Holo (HOT) in INR is ₹50,08,15,354.73. This figure represents the total value of all HOT transactions across various exchanges within the last 24 hours.
How to Buy Holo (HOT) in India?
To buy Holo (HOT) via Mudrex, simply sign up and create an account on their platform. Proceed by completing the KYC process to verify your identity. Once verified, deposit funds into your account using the available methods. With your account funded, you're all set to start investing in HOT.
Can I buy Holo (HOT) with UPI?
Yes, you can buy Holo (HOT) with UPI on Mudrex, which accepts payments through popular UPI apps like Paytm, PhonePe, and Google Pay, offering a convenient and quick way to invest.
How to Convert Holo (HOT) to Indian Rupee (INR)?
To convert Holo (HOT) to Indian Rupee (INR), you can use our HOT/INR conversion rates in real time.