Coin Bureau, one of the popular crypto YouTube channels, stated in its recent statements that an altcoin will hold a rally before January 2022 and explained 3 reasons for this. According to the analyst, in the next 5 weeks Harmony (ONE) he will start a rally…
Harmony is a blockchain focused on strengthening decentralized economies by helping users create sunday places for both fungible and non-fungible digital assets. Coin Bureau, “Ethereum killer” the Harmony that he calls, Ethereum 2.0he emphasizes that he has already implemented most of the future features of .
At this point, the analyst, “Harmony actually looks like Ethereum 2.0. This is due to the fact that Harmony uses the Ethereum Virtual Machine for smart contracts and uses a segmented Proof of Stake blockchain consisting of four parts.” he’s using his words.
In addition, the investor october due to the latest updates One pricehe also touched on the recent price increases that have occurred in nda. In particular, in August, Harmony announced that its Chainlinkprice feeds were integrated with Harmony testnet.
On the other hand, Harmony in September, wrapped BitcoinHe announced a partnership with Anyswapcross-chain DEX to bring ‘i to Harmony’. Soon after, the platform launched Harmony, Ethereum’s leading layer 2 scaling solution, and Polygon he announced the opening of a direct bridge between Dec. Finally, in November, we witnessed the project being advertised on the iconic digital billboards of Times Square.
So, along with all this news, according to the analyst, ONE can set a new all-time record.
ONE Price Analysis
Although it is thought that ONE will gain momentum, the Coin Bureau lists 3 reasons why the crypto currency has been in decline recently. First, the analyst noted that the rest of the crypto sunday is also experiencing a decline, and Bitcoinhe testifies that he is following the.
Secondly, the Harmony Foundation’s huge ecosystem fund is most likely causing a significant amount of sales pressure.
The last reason is FORWARDit is due to the recent gap in the deserving program of:
Although it is unlikely that some of these acquired ONE crypto currencies have been sold, this may have further increased the sales pressure that has suppressed the price of ONE.
At this point, finally, the analyst, “My long-term technical analysis shows that ONE could reach 50 cents by the end of this year or early next year.” he’s using his words.
The information contained in this article absolutely does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and they should conduct their transactions in accordance with their own research.