HOT is a native token of a distributed peer-to-peer platform for decentralized applications, Holo. It is a framework that allows the creation of Dapps without blockchain. One of the main ideas of the Holo platform is to form a bridge between the applications built on the platform and the rest of the internet community. Users of Holochain are connected to each other directly without the network environment. Apps created with the help of Holo are stored at the device of the developer, which ensures access to it at any time.
Let’s take a look at some HOT statistics represented on coinmarketcap.com (as of 12/08/2021):
- HOT price is $0.0112
- Market capitalization is $1,934,066,329
- Volume (24h) $519,506,325
- Circulating supply 172.67B HOT
- Total supply 177,619,433,541
- 24 Hour High $0.01157
- 24 Hour Low $0.00868
Holochain has a very clear roadmap that includes three main phases. Each phase has smaller steps that must be accomplished before it will be possible to move on further.
Phase 1. Inception
Phase 2. Infrastructure
- Holochain Rust Alpha. Rust is a programming language currently used on Holochain.
- Developers engagement for early POCs.
- Sim2H networking. In other words it is a simple ‘switch-board’ networking implementation. This technology allows combining early public test instances with new things, such as dApps.
- HoloPorts shipped.
- Pre-release alpha test of HoloFuel by hosts.
Phase 3. Alpha/Beta
- Holochain RSM announced.
- Pre-release hosted HoloFuel on Redux. HoloFuel is a token that will facilitate a Holochain. Now it is being tested. When it is launched, it will be possible to exchange the HOT tokens for HoloFuel at a one-to-one ratio.
- Hosts use elemental chat Holochain RSM.
Element chat is a proof-of-concept application. It represents a successful end of the test of the Holo Hosting network, which is based on the new version of Holochain and called RSM.
- Hosted elemental chat on Holochain RSM
- Host console usage
- HoloFuel/Holo registration
- Hosted HoloFuel transactions
- Publisher portal setup hApp
- Purchase test HoloFuel from reserve
- Host console invoices
- Publisher portal host & usage
- Publisher portal auto pay invoices
- Host console payments & earnings
- Host console test fuel redemption
According to the information provided by the official website right now Holochain is at the stage where hosts use elemental chat Holochain RSM.
Crypto community about HOT
Holochain has a wonderfully supportive community that can be easily seen on social media.
We can see that Holochain is considered to be not just an average project but technology for the future of the Internet in general.
HOT price prediction 2021
Even though we are not able to make a hundred percent accurate prediction, it is still worth looking at the statistics. Let’s see what forecasts some services make for HOT tokens.
The WalletInvestor.com offers the following prediction (as of 12/08/2021):
Minimum HOT price for 2021: $0.00007124811825
Maximum HOT price for 2021: $0.00021377136275
Average HOT price for 2021: $0.0001425360215
Year-end HOT price predictions 2021:
Minimum expected: $0.00007919354839
Maximum expected: $0.0002376774194
Average expected: $0.0001585806452
Another prediction can be found at Digitalcoinprice.com (as of 12/08/2021):
Average HOT price for 2021: $0.016019409025
Average year-end HOT price expected: $0.0158756142
HOT price prediction 2025
Digitalcoinprice.com promises that the price of HOT will be around $0.3 throughout the year without any serious fluctuations.
WalletInvestor.com gives a less optimistic forecast. Analysts believe that the HOT price will be between $0.0001 – $0.0002. The token is expected to have a downgoing trend.
However, analysts from Crypto-rating.com believe that so far the HOT token has a strong upgoing trend which is supported by the trading volume.
Keeping in mind the fact that the Holochain platform is actively developing, it is even harder to foresee the future of its token. So far we can see the support of the community and new and interesting solutions that Holochain offers, all these factors usually have a positive influence on the price trends.
HOT price prediction 2030
Crypto forecasts can sometimes tell us more than we expect. For example, it is impossible to find any ideas about the price of HOT as far as 2030. Undoubtedly, there is a reason for that. If we go back to the roadmap of the project, we will find out the fact that Holochain has been testing a new token for quite some time. It is called HoloFuel. It is meant to substitute the current HOT token. Since there is no estimated date when the transition must be completed, analysts just do not go that far to the future.
Historical HOT price analysis
All Time High: $0.03157 (Apr 05, 2021)
All Time Low: $0.0002189 (Mar 13, 2020)
HOT appeared on the market through the ICO, during which the project raised about $20 million. That can be considered a quite successful campaign. Shortly after the ICO the price went up to $0.0002. In 2019 the price stayed in the corridor between $0.0003 and $0.0006. In January 2020 HOT followed the general upgoing crypto trend and was able to reach a peak at $0.0021. The next high point happened in April, 2021, when the HOT price got up to $0.03157. This price is considered to be the all time high. Since then the price has gone down a little bit, but the bigger picture shows the upgoing trend.
SimpleSwap reminds you that this article is provided for informational purposes only and does not provide investment advice. All purchases and cryptocurrency investments are your own responsibility.