Holo (HOT) is the type of cryptocurrency that has significant discrepancies between its fundamental value and price action. The Holo team's technology is quite unique - some even label it as groundbreaking - as it offers unprecedented scalability for decentralized applications, and even greater decentralization thanks to the use of private forks and distributed hash tables.
Great technology but poor performance
But at the same time, the project inherently lacks order and meticulousness as there have been numerous instances on its team missing deadlines and not adhering to its own roadmap. There were talks about the potential business partnership with Mozilla, but that didn't come to fruition, at least for now. Lastly, Holo has an immensely tough lineup of competitors that includes Google and Amazon, which would make it extremely hard to occupy the desired space in the field of cloud computing and data hosting.