ESG investors seeking a green project enabling the building of distributed P2P apps will find Holochain to be the ideal investment. Much like many altcoins, Holo (HOT) has been quite volatile because of fundamental advancements. Crypto experts provided a Holochain price prediction, and we incorporated the key elements of this project that appeal to investors.
Our guide includes Holochain’s price history, its use cases and factors impacting its price action. We also featured another green project that rewards investors for reducing their carbon footprint.
|♓ Coin Name||Holo|
|🔆 Coin Symbol||$0.0022377|
|⏳ Price Change 1h||0.81%|
|🌕 Price Change 24h||3.79%|
|💵 Market Cap||$387,893,347|
|🌐 24h Volume||$19,817,245|
|🔄 Circulating Supply||173,342,974,127|
|💰 Total Supply||177,619,433,541|
Holochain Coin Price History
Holochain released its so-called green paper in December 2017, then held an initial coin offering (ICO) in February 2018. Since 2018, the Holo coin ranged from $0.0003 to $0.002 until the beginning of 2021.
Holochain minted an ERC-20 token, known as HOT or Holo token, in 2018. The coin served as an IOU until HoloFuel’s launch, and investors could redeem their HOT tokens for HoloFuel. The project announced in 2019 that the swapped Hot tokens will be used to provide liquidity to HoloFuel holders by acting as a reserve currency and won’t be burnt immediately.
At the beginning of 2021 Holo announced it had been granted a US patent for its distributed app framework. The patent approval was for the distributed hash table (rrDHT).
Holo Price History via CoinMarketCap
That development resulted in massive demand for the HOT token, surging it to its all-time high (ATH) of $0.028 in April 2021. The Holo token proved that it can provide investors with significant returns in just a few weeks. A massive crash followed, and Holochain’s coin plummeted to $0.005 by July 2021.
A short-term rally usually follows a massive crash, and HOT did just that by recovering to $0.01 by November 2021. It failed to break through the resistance at that level and then turned on itself and continued making lower lows to reach $0.002.
Here’s a quick recap of the Holochain’s price history:
- The HOT token had its ICO in 2018. It was an ERC-20 token that served as an IOU until the launch of HoloFuel, which would act as the network’s native coin.
- The Holochain coin ranged from $0.003 to $0.002 from the ICO until the beginning of 2021.
- In early 2021, Holochain announced that it had received a US patent for its distributed app framework, surging the price to its ATH of $0.028.
- A crash to $0.005 followed by June 2021.
- The coin recovered to $0.01 by November 2021 but continued making lower lows to reach $0.002.
Holochain Price Prediction 2022
While most of the crypto market is making lower lows, Holochain has found strong support at $0.002. It has been consolidating at that price level since May 2022 after enjoying a massive price spike following the announcement of being granted a US patent for its distributed app framework.
Holo provides a peer-to-peer platform that enables developers to host decentralized applications using Holochain – serves as a framework for developing decentralized applications (dApps) not requiring blockchain technology. Holo provides a marketplace enabling convenient access to dApps and hosting them on the internet by Holo users.
Much like the best crypto, Holo’s price surged with key fundamental developments. The trigger was the patent for the Holochain – enables faster transaction and network scalability because its transactions are logged on individual user nodes and it does not need a ledger for validation.
The government’s support has made the Holo token more authentic and stable, enabling it to hold support at $0.002. The French government announced that Holochain is an emerging technology creating underlying structures for building cultural technologies.
Experts predict that Holo will remain at $0.02 until the end of 2020.
Holochain Crypto Price Prediction 2023
Censorship has been on the rise for several years, so entities enabling users to have complete control and freedom of their personal information will thrive. And that’s one of the reasons that Holochain will be a crypto with the most potential, as it enables people to control their own data.
Centralized entities cannot intervene in this framework, which is faster, more scalable and more energy-efficient than blockchain. Its environmental aspect is another key reason that analysts see the Holo token rising to $0.04 by the end of 2023, according to Priceprediction.net.
No mining or staking is required on Holochain, as it uses independent nodes that are validated against each other. Considering many long term crypto investments such as Bitcoin use tremendous energy consumption to run their network, green crypto projects are becoming more appealing. Since mining isn’t involved in operating Holochain, energy consumption is significantly reduced, making it a greener solution.
Holochain Coin Price Prediction 2025-30 Prediction
Several experts that provided a Holochain price prediction for 2025 said they forecast a price of $0.08 by the end of that year. One of the reasons for this price prediction is that Holo not only enables web users to reach the P2P apps via the distributed cloud-hosting network, but it also enables users to earn HoloFuel from hosting dApps.
Holochain’s app developers can host their applications and make them available to internet users. The network rewards hosts with HoloFuel for hosting peer-to-peer applications. Since HoloFuel isn’t mined or staked, it’s not technically a coin, but it can be redeemed for other currencies to pay expenses.
As more developers find out about Holochain, it’s likely they’ll take advantage of its tools such as Rapid Application Development (RAD). It enables the efficient building of peer-to-peer web applications that can be designed to function on the same scale as the main social media giants. To make the apps scalable and for the network to function, users connect their own devices to share a small portion of storage and computing.
Although offering decentralization and rewards, Holochain has taken its project one step further by launching Holo – enabling users to use their payment systems and web browsers to interact with the crypto apps.
Potential Highs & Lows of Holochain Coin
We’ve summarized the HOT price prediction that several experts have made in a table format to make it convenient for investors to compare the possible returns.
|Year||Potential High||Potential Low|
What is Holochain Coin Used For?
Investors value a crypto project that solves real-world problems. Its use cases have to make the user’s life more efficient and convenient. And Holochain does that in several ways.
Considering censorship has become more prominent on social media and other platforms, decentralized networks are high in demand. Holochain enables developers to use its network to design apps without interference from third parties.
The platform offers the RAD tool, enabling developers to build a P2P application capable of functioning on the same scale as the main social media giants. The best part is that there are no centralized data centers to control the information. Users hold all the control.
The most useful projects enable investors to make money with crypto. Holochain enables users to access Holo Port so they can host their own apps to earn HoloFuel. They earn rewards for sharing extra space and computing power to host apps for other users.
Holo Hosts are paid for providing hosting to users, and they can select what apps to serve and determine their hosting rates.
Using the platform requires investors to own the ERC-20 token, HOT. It’s used as an IOU until HoloFuel’s launch. Publishers wanting to purchase hosting have to pay the host by buying credits from Holo – bridge linking Holochain to users. The host can cash out the credits received into cryptocurrencies.
Holochain is working on enabling hosts to cash out their credits into fiat currencies. The payments are transacted on the network but are peer-to-peer, enabling users to use their existing payment systems to interact with decentralized apps.
Is Holochain the Most Sustainable Crypto?
Many crypto projects are veering toward a more environmentally-friendly solution. Ethereum has converted its consensus to proof of stake because mining uses a lot of electricity. Holochain has a positive impact on the environment because its network isn’t staked or mined. The HOT token is not considered a crypto coin because miners aren’t required to verify transactions and investors don’t need to stake their coins. That ensures this project makes a positive contribution to the environment and does so by logging transactions on individual user nodes.
But an even more environmental-friendly crypto project is IMPT. It actually specializes in partnering with environmentally-conscious brands that are dedicated to reducing their carbon footprint. IMPT’s partners are big retail brands, and investors receive IMPT tokens when shopping with the pre-approved partners.
IMPT specializes in connecting shoppers with brands that contribute a portion of their revenue to causes determined to make the planet greener. But besides enabling investors and businesses to work as one to improve the environment, IMPT provides a social platform that enables users to track their carbon footprints. Users that make a positive contribution to the environment are awarded points. Higher points are awarded to users that retire their carbon credits to offset their carbon footprint.
According to the IMPT whitepaper, when investors buy IMPT tokens, they can convert them into carbon credits. The credits are minted into NFTs and can be traded on the IMPT.io marketplace. Investors who choose not to sell their carbon credits can keep them as investments to sell at a later stage.
Businesses that integrate the IMPT platform into their operations also receive points. Besides points, IMPT enables investors to earn potentially by holding the token and waiting for it to appreciate. This project is currently holding a successful crypto presale, raising more than $3.5 million since the beginning of October 2022.
Investors who buy IMPT tokens during the first stage of the presale will automatically enjoy capital appreciation because the second stage increases the price of the tokens. Currently, IMPT tokens are priced at $0.018 but will be $0.023 during the second stage.
Investors requiring more information about the project can subscribe to the IMPT Telegram channel.
Besides providing a Holochain coin price prediction, we have analyzed another important ESG investing project – IMPT. This environmentally-conscious network has teamed up with businesses that want to make a positive contribution to the environment and enabled shoppers to earn IMPT tokens for shopping at their stores.
But IMPT also provides a platform that enables investors and businesses to receive points for reducing their carbon footprint. Users who choose to retire their carbon credits are rewarded with higher points. Keeping the carbon credits results in them being minted into NFTs. These NFTs essentially become investments that can appreciate in value.
IMPT - New Eco Friendly Crypto
- Carbon Offsetting Crypto & NFT Project
- Industry Partnerships, Public Team
- Listed on LBank, Uniswap
- Upcoming Listings - Bitmart Dec 28, Gate.io Jan 1st