Harmony Price Prediction 2022-2031
ONE Price Prediction 2022 – up to $0.023
ONE Price Prediction 2025 – up to $0.079
ONE Price Prediction 2028 – up to $0.23
ONE Price Prediction 2031 – up to $0.69
Harmony ($ONE) started the year 2022 by advancing the Web3.0 development of the Harmony ecosystem. To do that, a partnership was announced with 4everland on January 4, 2022. With the announcement, Harmony front-end developers will be able to deploy on IFPS via 4everland hosting services.
Another development to start the year was DefiKingdoms, a decentralized app in the Harmony One ecosystem leading the top blockchain games on DappRadar. Harmony One is keying into market potentials and key trends. The likes of DeFi, NFT, and bridges are all discussed together with Web3 economy and infrastructure.
As a crypto trader, you are teetering on the edge of uncertainty; this is why we are putting out this guide to help you evaluate coins for your investment portfolio. But first, let’s know more about Harmony (ONE). A friendly reminder, if you’re interested in a particular cryptocurrency, do your research and be open-minded.
Today’s Harmony price today is $0.019694 USD with a 24-hour trading volume of $18,381,112. Harmony is up 1.96% in the last 24 hours. The current CoinMarketCap ranking is #118, with a live market cap of $249,230,259. It has a circulating supply of 12,655,161,408 ONE coins and the max. supply is not available.
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What is Harmony (ONE)?
Harmony (ONE) is a decentralized blockchain platform created to bridge the gap between scalability and decentralization. The cryptocurrency development focused on sharing data and creating marketplaces of any fungible token and non-fungible assets.
Harmony has invested heavily in its blockchain, with high incentives for developers on the blockchain. Harmony is setting a pace revolutionizing the way they conduct business by ensuring equality and trust in a world filled with inequalities.
With Harmony One, you can earn compound interest by staking for over 10% and compounding your rewards. The project is also currently working on getting rewards up to 20%.
Harmony One has a 300 million grant program accelerating development in our ecosystem. We just secured a partnership with AAVE and are close to finishing a vote to secure a partnership with CURVE. Curve and AAVE have the 2 highest total values locked in the crypto space. Combine that with our Bitcoin bridge that’s launching soon, and you have even more liquidity that can flow into the Harmony ecosystem to take advantage of DeFi products.
The developments will bear fruit in the long term as more use cases continue to emerge in the blockchain space. Harmony is already invested in the metaverse, NFTs, and gaming sectors.
Cryptocurrency for Millenials
Harmony ONE might be the cryptocurrency for Millenials after solving the delicate balance of decentralization and scalability. Harmony proposes the following:
- Remove the barriers preventing cryptocurrencies from being real digital money, which is all about the scaling problem faced by coins like Bitcoin. The increased popularity bitcoin faced brought about a cost increase in how the payment system is used. This problem is solved by implementing a deep sharding protocol covering transaction validation, network communication, and blockchain.
- Set Harmony apart from other blockchain solutions by getting a greater transaction throughput than before, which forces the blockchain solutions to achieve performance gains by sacrificing other features.
Characteristics of Harmony (ONE)
After having a look at what the aims and objectives of the harmony project are, let us take a look at some characteristics of harmony cryptocurrency;
- One important characteristic of Harmony ONE is its scalability.
- Harmony’s sharding system is highly dependable because of its distributed randomness generation (DRG) infrastructure, which is scalable, verifiable, and unbiased.
- Harmony is related to Proof-of-stake, making it energy efficient and dependable. Also, the Consensus has a linearly scalable BFT approach which is a hundred times faster than PBFTs.
- Harmony (ONE) has an adaptive thresholded Proof-of-Stake system.
- Harmony supports dependable cross-shard contracts that can completely communicate directly with each other.
- Harmony also supports a scalable networking infrastructure.
Harmony (One) ensures the crypto space has a dependable blockchain system to boost its protocol and network layers. Harmony (ONE) also allows systems that were not viable on blockchain before, including high-volume decentralized exchanges, interactive fair games, visa-scale payment processes, and IoT transactions. All things considered; Harmony aims at creating an appropriate environment.
You have learned basically everything about Harmony. How beneficial will the token be now and in the future? Let us check out the harmony price analysis and price prediction together.
Harmony Overview
[mcrypto id=”141280″]
Harmony ONE staking rewards
There are a number of reasons why Harmony ONE staking is growing in popularity. Some of the key reasons include:
- This blockchain has a high degree of scalability, allowing for the transfer of data and value between shards.
- The platform uses an energy-efficient consensus mechanism, making it a great choice for those who want to participate in staking to earn staking rewards
- It is safe, thanks to its use of the Byzantine Fault Tolerance protocol.
- This token has an incentivized node program that rewards harmony staking users for running nodes. This makes it a great choice for those who want to participate in staking and help secure the blockchain.
- It is compatible with Ethereum, making it a great choice for those who want to build DApps.
- It is fast, thanks to its use of the FBFT consensus algorithm. Transactions are confirmed in as little as two seconds.
- It is efficient, thanks to its use of an aggregate signature to sign transactions minus the validator fee on the frontier wallet.
How much can I earn with Staking?
For long-term holders, Harmony ONE staking is an ideal strategy since the coin might increase its value in a couple of years; at current market prices, staking 10000 ONE would return $196.
This is not financial advice; just letting you know some scenarios and how Harmony ONE staking could work. You should research more about ONE and its applications.
Harmony Price History
Harmony (ONE) started the year at $0.042 and surged to a then-high of $0.2233 on 29 March 2021. That’s a rise of $5,216%. In April 2021, ONE experienced massive price swings, falling from its March high to $0.0850 on 23 April 2021, losing 61% of its value.
When the price crashed from 37 cents to 32 cents 5 months ago, many people panic-sold. What they didn’t look at was the depth chart. A huge buy wall and very low sell volume brought the price down. The next day, the price was back up again to 35 cents, and there was a huge sell volume and very small buy volume.
This is how whales and bots manipulate this market and paper hands fold. Before panic-selling your crypto, look at what is going on in the depth charts.
Why does this happen, and what does it mean? Here’s a toned-down explanation from a lengthy one:
- You want to buy 10M in bitcoin (or some other asset). If you just put buy orders, you will cause an increase in price which will make it more expensive for yourself.
- Instead, you spend a smaller amount (in this example 1M) to buy in small increments at market price. It may move the price up a bit but not as much.
- Once you have 1M worth of crypto, you put one big fat sell order (the wall). You hope this will scare the market, as it looks like some big player knows something bad is about to happen and wants to urgently sell before it’s too late. You don’t really intend to sell, you just put the order to create panic. If the market doesn’t take the bait and they start buying from you, you simply cancel the order and maybe try again sometime later.
- People that misread the wall and want to sell, have to offer a lower price (they undercut you). Otherwise, they would have to wait until you sold all your 1M.
- You buy from them. You keep buying from them until there are no more people willing to undercut your wall. This way you can buy the rest of the 10M you wanted to buy originally, but the price never goes over the price of your sell order (the wall).
- Once you bought all you wanted to buy, or when there are no more sellers undercutting you and buyers start buying from your wall, you cancel the sell order.
In essence, you put large sell orders, not to sell, but as a way to ensure the price won’t increase while you buy from people scared of what the wall implies.
The same mechanism works the other way. When you want to sell, you put a buy wall and sell to those who want to buy, thinking it’s a bull market.
A lesson in crypto: DONT PANIC SELL. CHECK THE DEPTH CHART. HODL.
Harmony Technical Analysis
Harmony price analysis for October 5, 2022, reveals the market following a complete bearish movement, obtaining massive negative momentum, signifying a decline for the ONE market. The price of Harmony has remained negative over the past few hours. Today, the price crashed and went from $0.0201 to $0.0191. Moreover, the market remained at this value and is currently present at $0.0193.
Harmony price analysis reveals the market’s volatility following a decreasing movement, which means that the price of Harmony is becoming less prone to experience variable change on either extreme. The Bollinger’s band’s upper limit is $0.0207, serving as ONE’s strongest resistance. Conversely, the lower limit of Bollinger’s band is $0.0182, which is the most substantial support for ONE.
The ONE/USD price appears to be moving under the price of the Moving Average, signifying a bearish movement. Moreover, the market’s trend seems to have shown bearish dynamics in the last few days. As a result, the market has decided on a negative approach. However, yesterday the market started on a negative movement, only to move again to a declining movement, and the market started closing its volatility, and the price started moving downwards.
Harmony price analysis shows the Relative Strength Index (RSI) to be 45, signifying a declining cryptocurrency. This means that the cryptocurrency falls into the central-neutral region. Furthermore, the RSI path seems to have shifted to a downward movement. The declining RSI score also means dominant selling activities.
Harmony price analysis reveals the cryptocurrency follows a strong downward trend with much room for further activity on the declining extreme. Moreover, the market’s current condition appears to be following a negative approach. Therefore, we can assume that the bears will start making their moves soon to maintain their control over the market.
Harmony Price Predictions by Cryptopolitan
Harmony Price Prediction 2022
Harmony price prediction 2022 ranges from a maximum price of $0.023 to a minimum price of $0.02, with an average trading price of $0.021.
Harmony Price Prediction 2023
Harmony price prediction 2023 ranges from a maximum price of $0.035 to a minimum of $0.03, with an average forecast price of $0.031.
Harmony Price Prediction 2024
Harmony price prediction 2024 ranges from a maximum value of $0.051 to a minimum value of $0.044, with an average trading value of $0.046.
Harmony Price Prediction 2025
Harmony price prediction 2025 ranges from a maximum of $0.079 to a minimum of $0.066, with an average value of $0.068.
Harmony Price Prediction 2026
Harmony price prediction 2026 ranges from a maximum of $0.11 to a minimum of $0.091, with an average price of $0.094.
Harmony Price Prediction 2027
Harmony price prediction 2027 ranges from a maximum of $0.16 to a minimum of 0.13, with an average of $0.14.
Harmony Price Prediction 2028
ONE price prediction 2028 ranges from a maximum of $0.23 to a minimum of $0.23, with an average of $0.19.
Harmony Price Prediction 2029
Harmony price prediction 2029 ranges from the highest price of $0.33 to a minimum of $0.27, with an average of $0.28.
Harmony Price Prediction 2030
Harmony price prediction 2030 ranges from a maximum of $0.46 to a minimum of $0.39, with an average of $0.4.
Harmony Price Prediction 2031
Harmony price prediction 2031 ranges from a maximum of $0.69 to a minimum of $0.57, with an average of $0.59.
Harmony Price Predictions by Digital Coin Price
According to DigitalCoinPrice, Harmony’s value can reach $0.0257 towards the end of 2022 before rising to $0.0280 in 2023. The price of Harmony predicted by the website for 2025 is $0.0390. The website also projects a $0.0895 price for Harmony in 2030.
Harmony Price Predictions by GOV Capital
In a more upbeat Harmony coin price forecast, GOV.Capital predicts that by the end of 2022, Harmony’s price will reach $0.12. The site predicts that in five years, the currency will reach $1.59.
Harmony Price Predictions by Wallet Investor
According to WalletInvestor, Harmony might drop below $0.001 within a year without recovering. The long-term and short-term outlooks for the site’s ONE price forecast are pessimistic.
Harmony Price Prediction by Industry Influencers
UnisonFinance Youtube Channel goes through Harmony price forecast. He suggests it is difficult to tell when Harmony will reach its bottom. He comments that Harmony is trading at a big discount.
Harmony blockchain provides seamless interactions for game developers; below is a short clip from rocket monsters universe, a play-to-earn game built on Unreal Engine 5.
Conclusion
Harmony forecast is nearly stagnant in 2022 after the huge drop from $0.3689 in January. One coin will then pick positive momentum from 2023.
Harmony has been held captive by bears this year. Harmony has lost 88% this year alone. It has been falling in the past few days after trading sideways for weeks. The recent downtime by Celcius caused panic in the crypto world. Harmony is trading at a discount. The future price market reversal in the crypto market will be profitable for investors.
The blockchain platform Harmony appears to have massive potential. The platform is actively being developed, and the project team consists of seasoned specialists. The project provides answers to the cross-chain interoperability and scalability difficulties that are now hot topics in the blockchain sector. By implementing a number of improvements intended to improve the scalability and security of its blockchain, Harmony is attempting to set itself apart from rivals that also utilize sharding technology.
Harmony does seem to have solved the scaling problem, with the ability to handle as many transactions as Visa. For investors seeking businesses with long-term development potential, Harmony looks to check many of the right boxes when combined with cheap gas fees, cross-chain possibilities, and an energy-efficient consensus mechanism. However, it is important to keep in mind that Harmony has just recently launched a number of technological advancements. It is still unclear if Harmony has actually resolved the scalability trilemma, which involves scaling up without sacrificing security and decentralization.
Harmony may possibly be a good investment, but its future success depends on a number of variables that are as of yet unknown. These include whether the ecosystem is able to achieve one million users and how effectively the sharding mechanism withstands any malicious attacks.
Macroeconomics and the effects of any foreseeable regulation of cryptocurrencies are other considerations. It is always important to keep in mind that the cryptocurrency market is extremely volatile and that the value of all tokens and coins might fluctuate up and down, so you should research and seek investment advice before investing.
Furthermore, start-ups like Harmony must be valuable for ongoing price increases to depend on anything other than conjecture. The possibility of cryptocurrencies replacing traditional finance is still a long way off. Many coins, like ONE, are valued at least in part based on the potential function they may have in this system. However, cryptocurrencies might never be extensively utilized due to legislation or because the technology is still insufficient.
Based on all this information, we can say that Harmony is a good investment; however, it is always advised to do your own research before investing.