Will ONE Price Recover This Year?

Altcoins have grown drastically over the last two years. Many exciting crypto projects are entering the market, in order to serve the needs of the blockchain space. Which is done either by improvising existing solutions or by cracking the unsolved problems. One such promising project is “Harmony”, which boasts its native asset “ONE”.

In the continuously evolving crypto space, Harmony is one of the unique projects. It works on the “Effective Proof-of-Stake (EPoS)” consensus mechanism which is referred to as the new version of PoS. This enables improved scalability and faster transaction speeds.

As the platform is preparing for extraordinary upgrades and collaborations. The Altcoin could skyrocket to hit new milestones and could take the ROI much higher from the existing 529.67%. Wondering how high could the price of ONE catapult in 2022? Look no further, as we decode the plausible ONE price predictions for 2022 and the years to come!

Overview

Cryptocurrency Harmony
Token. ONE.
Price. $ 0.0208
Market Cap. $2,535,410,127
Trading Volume. $563,738,309
Circulating Supply. 10.67 Billion ONE
All-time high. $0.2655 on October 10th, 2021.
All-time low. $0.003807 on 14th March 2020.

Harmony (ONE) Price Prediction

Year Potential Low Average Price Potential High
2022 $0.0233 $0.0276 $0.0329
2023 $0.0299 $0.0443 $0.0605
2024 $0.0537 $0.0786 $0.1003
2025 $0.0843 $0.1245 $0.1645

Harmony Price Prediction For 2022 

Harmony’s ONE price initiated the year 2022, on a positive note, with its price at $0.234. Following a single-day spike of 14.3%, on the very first day of the year. The digital asset was seen generating consecutive higher highs. Which took the price to the quarterly top at $0.377, by the 14th of January. A steep fall from which led to the price finding support at $0.180

While it did pose a leg-up to $0.2256, by the 10th of February. Torments in the business, dragged the price down to $0.12519, by the 24th of February. ONE’s price had managed to climb up to $0.1649, by the 3rd of March. The spike was short-lived, as a downswing took the price to $0.1210, by the 14th of March. An uptrend thereafter took the price to the monthly close at $0.1754.

The second quarter had been ruthless for the crypto industry, the repercussions of the tumult were directly dealt with by cryptocurrencies. Price projections of Harmony were no different from its fellow digital assets. Successively, the digital asset is presently down over 88% since the start of the second quarter.  

ONE Price Prediction For Q3 

The network’s $300 M grant fund, foray into the metaverse, zero-knowledge proofs. And time to finality will help build a larger user base. Moreover, the vision for the year, which includes adoption, interoperability, and decentralization could be imperative for the price projection. Wherefore, ONE’s price could propel to its potential high of $0.0252, by the end of Q3. 

On the contrary, the lack of on-paper developments could result in a down-fall to $0.0180. That said, an equilibrium in buying and selling pressures could land the price at $0.0222.  

Harmony Price Forecast For Q4 

Growing optimism in the final quarter will help boost the volumes. Which in turn will reflect on the price projection of the digital coin. The price of ONE could surge to its potential high of $0.0329, by the end of the year. While negative criticism and depleting volumes could slash the price down to $0.0233. Considering the bullish and bearish targets, the average price could settle at $0.0276

ONE Price Forecast For 2023 

The community could focus on revolutionizing interoperability. If Harmony enhances its platform by offering flexibility and seamless transparency. The protocol may smash the $0.06052 mark by the end of 2023. On the flipside, ONE price may also fall back to $0.02991. Successively, factoring in the bullish and bearish targets, the regular price might land at $0.04434.

Price Prediction Of Harmony (ONE) For 2024

If the protocol welcomes a wider audience with its lucrative fundamentals and returns. The digital asset will find a steady rise in volumes. In such a scenario, the price of ONE might propel to a maximum of $0.1003 by the end of 2024. 

However, a possible market crash resulting from stringent norms and regulatory restrictions could hamper the price projections to $0.0537. Collectively, a balance in trade activities could limit the price to $0.0786

Harmony Price Prediction For 2025

By the end of 2025, ONE might become the top DeFi token in the market, and might enter the top 20 cryptocurrencies list. If the network works on an instant transaction system, then it may blow a high at $0.1645.

That said, with not many developments. ONE coin might trade at $0.1245. Conversely, if new regulations pop up in the coming years, the coin may entangle and drop even to $0.0843.

What Does The Market Say?

Trading Beasts:

According to Trading Beasts Harmony price prediction. The ONE price is expected to hit the maximum price of $0.0413, by year-end. The analysts from the firm expect the altcoin, to settle at minimum and average levels of $0.028 and $0.0330. That said, Trading Beasts foresees the possibility of ONE reaching the maximum of $0.0728, by the end of 2025.

Digital Coin Price:

The crypto prediction website has reupdated its ONE price prediction. It forecasts that the price is expected to close its trading at a maximum of $0.0277 by the end of 2022. The firm predicts the maximum closing targets for 2023 and 2025 at $0.0312 and $0.0445.

Priceprediction.net:

The analysts from the website have pinned the maximum closing target for the current year at $0.056. Whilst a reversal in trends could knock the price down to $0.048. The regular price could land at $0.05. The forecast also hosts predictions for the long term. Accordingly, the trade for 2025 is foreseen to conclude at $0.18

Click here to read our price prediction of Hedera (HBAR)!

What Is Harmony (ONE)? 

Harmony is the next-generation sharding-based blockchain protocol built to allow the creation and use of DeFi apps. The network is fully secure, scalable, and it intends to innovate the way dApps work by allowing the creation of blocks in seconds. 

The platform utilizes Effective Proof-of-Stake (EPoS) consensus mechanism. The method enables staking from hundreds of validators at the same time. Moreover, the network allows cross-shard transactions enabling shards to contact directly with each other.  

Harmony being a fast and open blockchain for dApps has its own native token “ONE”. The protocol is utilized for staking, to pay transaction fees, storage, and gas fees. 

Fundamental Analysis

Harmony was founded by a former principal engineer of Apple Stephen Tse in 2017. His main motive behind the launch of this project was to revolutionalize block creation, by bringing in the sharding process. The founder accomplished his PhD in cryptographic protocols and type theory from the University of Pennsylvania.

Soon after his degree in 2006, he gained knowledge as a research intern at Microsoft. The founder also accumulated 4 years of experience as a senior engineer at Google. In 2011, he launched a search engine called “Spotsetter”, which was later acquired by Apple. Dr Stephen Tse also served as Principal Engineer at Apple in 2014.

The creative founding team of Harmony mainly includes 12 developers. Who carry the experience of working with reputed companies such as Google, Amazon, Apple, and Microsoft, amongst others. The team enables grants program that intends to build more innovative products and bring creative developers to the Harmony mainnet. 

Our Harmony (ONE) Price Predictions

The constant upgrades and partnerships will give a massive boost to the price of Harmony (ONE). According to Coinpedia’s formulated Harmony price prediction. With bullish market sentiments, ONE’s price may skyrocket to $0.033 by the end of the year 2022.

On the downside, future market fluctuation and increased competition may adversely affect Harmony’s (ONE) price. Which may result in a collapse of the coin’s price to $0.025.

Historic Market Sentiments

2020:

  • Harmony (ONE) entered the market in the year 2020 with an ICO of $0.006500
  • The price was hovering at $0.4811, till the end of the year. As the platform was in its initial state of fundamental upgrades. 

2021:

  • Harmony entered the year 2021 with a trading price of $0.00844
  • On a bullish note, the price started to rise further and is trading at $0.199 by mid-March. 
  • However, on May 19th, the price collapsed, dipping to $0.05688
  • Following its sluggish pace in July, the token hit a new ATH of $0.2168 on September 9th.
  • After a pullback, ONE’s price escalated to a new ATH of $0.2655 by the 10th of October.
  • FUD and panic in the midst of US FED’s tapering closed the year at $0.1677

To read our price prediction of Dash (DASH) click here!

FAQs

Q: Is Harmony (ONE) a good investment?

A: Yes, if you are planning for the long term Harmony looks promising. As the team is planning for expansion and more security upgrades.

Q: Which consensus mechanism does Harmony use? 

A: The Harmony network uses the Effective Proof-of-Stake consensus mechanism. 

Q: What will the maximum price of ONE be by the end of 2022?

A: According to our ONE price prediction, the altcoin could propel as high as $0.0329 by the end of 2022. 

Q: How high may Harmony (ONE) price hit by the end of 2025?

A: Harmony (ONE) holds tremendous potential to reach new peaks. As per the fundamental analysis, ONE’s price could possibly hit the $0.1645 mark by the end of 2025.

Q: Where can I buy Harmony (ONE)?

A: Harmony (ONE) is available across popular platforms such as Binance, Coinbase, Huobi, and more. 

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