This Harmony crypto price prediction shows that the opinion of respected crypto experts and technical-based analysis combined predict that the long-term forecast of the blockchain-centered asset of Harmony and its native token of ONE has the potential to reach anywhere over $6 between now and the year 2025. To avoid missing out on potential upcoming price surges in the cryptocurrency market, check out our easy-to-follow article on how to buy Harmony.
“We have elected to put our money and faith in a mathematical framework that is free of politics and human error.”– Tyler Winkelvoss, Rower & Entrepreneur.
News about Harmony crypto
- Harmony ($ONE) Protocol to Take the Crypto Space by Storm
- Harmony Has $300M for Projects Looking to Expand Beyond Ethereum
When it comes to smart contracts, Ethereum was the first blockchain platform to pioneer them. But like with any pioneering technology, there were issues that needed to e addressed. The main one was the scalability of Ethereum-based smart contracts. To address this, other crypto creations came along. One of which was Harmony.
Harmony made it its mission to address speed, scalability and sharing issues associated with the blockchain. By doing so, it became a sought-after asset itself and its multi-purpose native currency of ONE skyrocketed in value, bringing serious returns on investment for those who got on board at the right time.
But are you wondering if it’s too late to start investing in Harmony? You’re not alone, many people are curious about whether investing in Harmony now is a good idea. I was one of those people until I began to use a range of factors to research the future price of Harmony such as:
- Price history
- The latest legislation
- Prediction strategies
- Expert analysis
- New investors
By analyzing all of these factors, I was able to find out that there’s never a bad time to invest in Harmony. For example, statistics from the leading trading platform of eToro tell us that sales have skyrocketed in the past few months, demonstrating that demand for this coin is very high.
But what does the future hold for investors who get on board now? Will it rise even further? Our Harmony price prediction aims to answer all. But first, let’s start with just what this cryptocurrency actually is and how it works.
What is Harmony?
Harmony itself is a blockchain platform used by various developers to build decentralized applications. The Harmony blockchain proclaims that it has the answer to various problems associated with Ethereum such as speed and scalability.
Harmony’s answer to these issues is the introduction of a new sharding-based blockchain that uses a unique consensus algorithm. The Harmony blockchain system has been created to allow for ultra-fast transactions and interoperability.
Through the Harmony platform, developers are able to build and scale decentralized applications or dApps that can speed up the trading of tokens across different blockchains. Overall, it’s kind of like a blend of Ethereum mixed with the unique solution of the Harmony platform.
Combined, these attributes make Harmony an attractive platform that developers can utilize for both its growth and scalability. Thanks to the new Harmony bridge, it also has the ability to cater to both decentralized finance (DeFi) and non-fungible tokens (NFT).
Pros and cons of Harmony
Like any cryptocurrency, Harmony has its fair share of incredible pros and limiting cons. We always aim for transparency in our articles. So in this section, we’re going to cover some of the most important pros and cons of ONE.
|✔️ Improves the infrastructure behind blockchain.||❌ Heavily relies on 5G which isn’t readily available yet.|
|✔️ Boasts a range of impressive partnerships.|
|✔️ A popular entry into the crypto sphere.|
Do you still have questions about Harmony? Rest assured, before we get into the price prediction, next we’ll cover some frequently asked questions about Harmony to give you a better understanding of the original digital asset and its price potential.
Who uses Harmony?
Harmony and its native currency of ONE are used by crypto enthusiasts and developers alike. The latter are often seeking a platform to build decentralized projects free from the scalability and speed issues Ethereum faces.
How does Harmony gain value?
Like most cryptocurrency projects, the value of Harmony is largely driven by speculation in its current state. As more people discover the wide range of its uses, its value grows. Due to its innovative nature and continuous growth of significant partnerships, support for Harmony is only expected to grow as cryptocurrencies become a more widely accepted alternative to fiat currencies. When it does, the value will likely grow in sync.
Can Harmony reach $1,000 per token?
Based on its recent price surges and innovative nature of being a platform with a growing userbase looking to make passive income and investments, it’s possible that AAVE could reach $1,000 per token in the long term.
Where do people buy, sell, and trade Harmony?
You can buy, sell, and trade Harmony’s native currency of ONE from any reputable crypto trading platform. If you are a new investor, then we suggest using eToro. It’s safe, regulated, and beginner-friendly. The eToro interface is very simple to use, and it has an array of trading tools to allow you to trade safely.
Harmony Price History
In February of 2021, the price of Harmony’s native ONE currency began to grow. This was due to a popularity surge Harmony experienced alongside a range of other blockchain projects. That month saw the price jump from $0.01 to $0.03 per token.
By March, Harmony saw the price of ONE reach an all-time high of $0.2233 by the end of that month. But this was unsustainable and, after some ups and downs, the price settled at around $0.05 by July.
By summer, Harmony’s price hit new lows and hovered around the $0.1 mark. However, many believe this could potentially be the perfect chance for new investors to get on board. But let’s see what the experts have to say!
Expert analysis of the Harmony price potential
One of the best tools we can use to try and determine the potential future price of Harmony is to analyze the opinions of various crypto experts. Let’s delve into four estimated growth outlooks for various industry experts and analysts.
Overall, CoinQuora is bullish on the Harmony crypto price prediction. Based on Harmony continuing to build partnerships with influential organizations and persisting with being a unique model that retains a solid support base, they believe its native currency of ONE has the potential to surpass its all-time high reach around $0.22 per token by the end of the year and a price of over $6 by the year 2025.
WalletInvestor uses an algorithm-based forecast in an attempt to predict the future price of cryptocurrencies. When it comes to ONE, they are bearish. Over the long term, WalletInvestor predicts that the price of ONE could reach somewhere around $0.291 by the end of 2021 and $0.775 by the end of 2025.
DigitalCoinPrice is fairly bullish on its ONE outlook and expects the price to gradually increase over the long term. DigitalCoinPrice predicts it to reach $0.3466270039 by the end of 2021, $0.3145876236 by the end of 2023, and finally, a figure of $0.6196908884 by 2025.
Another rather bullish expert analysis on ONE is Cryptopolitan. They predict the price of ONE in 2022 to potentially reach up to $2 by the end of the year. By the end of 2023, they expect it to reach $3.50. They expect the price to surge to over $6 by the year 2025.
So from over $0.22 in the short term and up to $6 in the long term, the overall expert analysis on the future price of Harmony’s native currency of ONE is overwhelmingly bullish with some potentially lucrative returns in store for investors. But what does the technical analysis tell us about the price potential of this innovative digital asset?
Technical analysis of the Harmony price potential
Now we move on to technical analysis to try and predict the future price of ONE. This section will utilize powerful tools like the Japanese candlestick, chart patterns, and trading indicators. As well as giving traders the upper hand in day trading, they can enable us to discover long-term price predictions based on pure technicals when we assess longer time frames.
Harmony Price Prediction 2021 – 2022
In 2021, it’s possible that the price of Harmony’s native crypto of ONE can reach a minimum of $0.1917839 and a maximum of $0.2820351 by the end of the year.
Harmony Price Prediction 2022 – 2023
In 2022, it’s possible that the price of Harmony’s native crypto of ONE can reach a minimum of $0.2035706 and a maximum of $0.2993686 by the end of the year.
Harmony Price Prediction 2023 – 2024
In 2023, it’s possible that the price of Harmony’s native crypto of ONE can reach a minimum of $0.2147978 and a maximum of $0.3158790 by the end of the year.
Harmony Price Prediction 2024 – 2025
In 2023, it’s possible that the price of Harmony’s native crypto of ONE can reach a minimum of $0.2250511 and a maximum of $0.3309576 by the end of the year.
Overall, Harmony has the potential to be a very promising asset in a crypto portfolio. As a possible answer to Ethereum’s scalability and speed issues, it has real-world usage and a rapidly growing userbase which could cause its price to surge in the near future.
Whilst many people can see the significant potential in Harmony and its native currency of ONE, there is a significant number of people who are wondering where to invest in this innovative investment for the long term. The answer lies in a reputable and well-established trading exchange with access to vital trading tools like eToro.
Where to buy Harmony?
Harmony is available to buy and trade on eToro alongside 18 other cryptocurrencies. This is a well-established, highly regulated, and secure platform that has the potential to revolutionize your crypto trading.
What’s more, is that eToro allows you to access their incredible array of trading tools such as the Stop Loss, Take Profit, and built-in charting software that all let you maximize your potential profits whilst ensuring safe trading practices that protect your hard-earned funds. Also, eToro offers Leverage Trading on Harmony. This allows you to multiply small amounts to become large powerful positions that drive massive profits.
Overall, the financial situation, risk tolerance, and investment strategy of each person vary. Harmony is inherently volatile and the price can rise or drop at a moment’s notice, this brings advantages as it does risks. Both of which are important to understand and weigh against your own investment goals and needs. Only invest money you can afford to lose and balance out the risky nature of crypto investment by building a diversified portfolio.
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Disclaimer – This content is for informational purposes only and is not investment advice. The trading of Harmony and other alternative cryptocurrencies has potential rewards, and it also has potential risks involved. Trading may not be suitable for all people. Anyone wishing to invest should seek his or her own independent financial or professional advice.