⚠️ Can Hedera HBAR Reach $2 This bullrun? The Answer HERE ⚠️ 💰
Today we are going to do a Hedera HBAR Price Prediction Video. I am going to show you how you can calculate your price predictions based on real facts and not on your imagination like you normally see In those videos. And I will tell you if HBAR can reach $2 this Bullrun or not. Hedera HBar Price Prediction 2024.
Fundamentals could be important for the growth of a project. But when you are working on Price Predictions only the Math is what it is important. The Partnerships of the project do not matter in this calculation. Everything ends up being a calculation of the Market Cap and Circulating Supply that gives you the price.
1) How do you calculate the price of a token?
a) Market Cap / Circulating Supply = Token Price
In the same way, you can apply basic maths and say that:
b) Circulating Supply X Token Price = Market Cap
c) Market Cap / Token Price = Circulating Supply
2) Last ATH Hedera HBAR last peak was September 15th 2021.
Price $0.50
Market Cap: $4,909,713,322
Circulating Supply: 9,819,426,644 HBAR
3) Now:
April 10th, 2024
Price: $0.1017
Market Cap: $3,415,712,448
Circulating Supply: 33,733,448,065 HBAR (3.435x the CS of last ATH)
4) Get to the ATH:
Now for HBAR to reach again the ATH price of $0.50 considering there is no another vesting emission in the market of new tokens.
We do our simple math:
CS x TP = Market Cap
33,733,448,065 X $0,50 = $16,866,724,032
We need 4x the Market Cap of the last ATH to reach again the ATH price of $0.50
This means that it is 4 times more difficult for the same coin to reach last same value.
5) To HBAR worth $2.
Considering that there is no other vesting emission in the market of new tokens (not likely if the next peak is in 2025).
Again CS x TP = Market Cap 33,733,448,065 X $2 = 67,466,896,130 Billion Dollars.
We need the market cap of HBAR to reach $67.46 Billion to get HBAR at $2.
Currently, it is more than double the current Market Cap of XRP.
And we will have more emissions during the year.
6) One of the worst cases is Illuvium:
Last ATH Circulating Supply was: 636,221 thousand tokens.
Now is: 6,368,806 million (there are 10x the amount more of tokens in the market than in the last ATH
7) HBAR Price Prediction:
Let’s assume that at the top of this Market Cycle, we have a Total Market Cap of 5 Trillion USD.
Right now it is 2.74 trillion.
Analyst estimates between 5 to 7 Trillion.
For the current 2.74 trillion ($2,749,163,173,685). HBAR is at position 38, and has a share of the pie of $3,559,441,358
That is in % = 0.1294 % is the Market Cap of HBAR.
If we get 5 Trillion the Market Cap of HBAR keeping his position will be $6,470,000,000 (6.4 billion)
8) Check HBAR info on Vesting Periods:
– https://cryptorank.io/price/hedera-hashgraph/vesting
– https://hedera.com/treasury-management-report
– https://token.unlocks.app/
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