BTC$64 281.02


ETH$3 503.03




Binance Coin




USD Coin


Holo (HOT) Price Prediction for December 2019

November 2019

Numerous heated discussions are going on in the crypto community about the likes of EOS, Polkadot, and a host of others, being the so-called Ethereum killers. However, there is a cryptocurrency that has been created on the foundation of the platform that bears a lot of similarities with Ethereum, but instead of “killing” it, serves as a somewhat more interesting and efficient, though less popularized, continuation of by far the biggest ecosystem for decentralized applications and smart contracts. This cryptocurrency is called Holo (HOT), which is short for Holochain. 

The fundamental value of Holo

Although this coin is currently placed on the 40th spot on Coinmarketcap, with a market capitalization of $131 million, it could be dubbed as one of the most fundamentally sound cryptocurrencies as it contains some unique technological solutions for such problems as the encumbered scalability, exorbitant electricity consumption, and huge volume of RAM space required to run the blockchain node that assures the network security.

What the Holo team did is that they used the Ethereum Network as the foundation (that’s why we called Holo the continuation of Ethereum) to build a fundamentally better platform that is based on a different philosophy, most notably, the Distributed Hash Table (DAT) algorithm instead of traditional PoW and PoS. Moreover, Holo allows for the development of dApps not only using Solidity, but also other programming languages, such as Java and Lisp.

This serves as a proof that Holochain is not a facade, behind which there is no substance. It is a superb solution for distributed apps, supply chains, P2P platforms, etc. Therefore, it’s fundamentals - not the hype - that has driven and will drive the price of HOT, so it is essential to understand them and follow any future developments in order to carry out profitable trading with this coin.

HOT’s price action in 2019

Before getting down to analyzing the prospects of HOT for the near future, it would be useful to take a quick glance at the price history of this coin. As we can see from the all-time chart below, HOT is not your usual altcoin that pumps once or twice and then lies flat for months. Since its listing on the exchanges, which happened in May 2018, Holo has been on a rollercoaster ride, which is a marvelous feat for swing trading.

By the way, HOT had reached its all-time high of $0.025 quiet recently, in May of this year, which means that it has the potential to go much higher with the commencement of the fully-fledged bull market. 

During the first two weeks of November, HOT has been moving steadily between the support at $0.0009 and the resistance at $0.001, but then it followed the suit of the entire crypto market and crashed to the current position at around $0.0008.

It is evident that over the next couple of weeks, HOT will keep consolidating at the new level of resistance, though some technical indicators suggest that the price might even go a bit lower. Therefore, holding or selling, with the intention to stock up on more HOT once the price dips again, looks justified at this point.

Holo had already showcased 75.95% gains this year, but it still holds immense potential for going to the upside, so traders should be careful not to miss the trend reversal, and with it, even bigger profits.

Author: Alex Paulson for


Holo (HOT): The Uptrend is Hanging In the Balance
Holo (HOT): The Uptrend is Hanging In the Balance
Holo (HOT) Is Close to the Break-Even Zone
Holo (HOT) Is Close to the Break-Even Zone
Holo (HOT) Makes a Strenuous Effort Going to the Upside
Holo (HOT) Makes a Strenuous Effort Going to the Upside
Holo’s Rally Still Shows Uncertainty
Holo’s Rally Still Shows Uncertainty

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 88.8% 17 $64 281.02 -0.74% -2.87% $1 267 309 855 276 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 83.6% 22 $3 503.03 -0.11% 0.57% $428 336 932 629 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 94.8% 1 $0.999382 0.01% -0.01% $112 821 536 179 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 81.6% 26 $583.59 -0.50% -3.16% $86 118 467 479 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 72% 62 $134.72 1.24% -6.22% $62 241 107 190 SOL 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 93.2% 3 $0.999969 0% 0% $32 729 450 112 USDC 7 days price change
7 XRP (XRP) XRP XRP predictions 82.8% 33 $0.488000 -0.20% 2.68% $27 141 690 253 XRP 7 days price change
8 Dogecoin (DOGE) DOGE Dogecoin predictions 62.8% 76 $0.124225 -0.04% -8.03% $17 988 814 267 DOGE 7 days price change
9 Toncoin (TON) TON Toncoin predictions 69.6% 59 $7.10 -0.48% -12.07% $17 464 050 127 TON 7 days price change
10 Cardano (ADA) ADA Cardano predictions 72.4% 61 $0.376540 -2.50% -8.29% $13 456 943 133 ADA 7 days price change
11 Avalanche (AVAX) AVAX Avalanche predictions 63.6% 73 $27.28 -1.70% -9.96% $10 740 352 979 AVAX 7 days price change
12 SHIBA INU (SHIB) SHIB SHIBA INU predictions 55.6% 94 $0.000018 -0.57% -11.10% $10 569 562 911 SHIB 7 days price change
13 TRON (TRX) TRX TRON predictions 95.2% 1 $0.118022 1.14% 1.42% $10 296 940 484 TRX 7 days price change
14 Lido stETH (STETH) STETH Lido stETH predictions 92.4% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
15 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 91.2% 1 $0.116354 -0.46% 0.23% $10 171 995 609 WTRX 7 days price change

Be the first to receive Cryptocurrency Price Predictions and Forecasts daily

Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.

© 2015-2024

The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.