Not every cryptocurrency has pumped like Hedera in the past few weeks. The HBAR token has been riding a wave of bullish momentum as Bitcoin breaks the much-anticipated $100k mark. But the question remains whether this pump is a temporary run or whether will HBAR continue to climb the top gainer rankings.
Since the start of November 2024, the Hedera (HBAR) token has surged over 800% and currently trading at 0.29541 (at the time of writing).
In this article, we’ll discuss HBAR price prediction by giving you its short and long-term price forecasts, and explore whether this meme coin can continue its bullish run.
What is Hedera?
Hedera is a public distributed ledger platform that uses a consensus algorithm known as Hashgraph to rethink the way decentralized networks function. It is a great option for developers and businesses alike because of its design, which delivers faster transactions, improved security, and higher scalability than standard blockchains.
The governance approach of Hedera makes sure that transparency and stability always remain a top priority, which is why both of these metrics are overseen by a council of major corporations in the sector, including Google, IBM, and Boeing.
HBAR is the native token of the Hedera ecosystem as it plays a key role in maintaining energy-efficient operations and executing fast and low-cost transactions. Launched in January 2020, the HBAR token is up almost 2880% from its all-time low of $0.009861 (at the time of writing).
Now let’s move on to the Hedera crypto price prediction for the future.
Hedera price prediction
What can be a realistic projection for the HBAR token? Let’s dive into the Hedera price prediction for 2025 and 2030.
Hedera coin price prediction: short-term outlook
According to CoinCodex’s Hedera coin price prediction for the near future, the token is projected to rise by 199.91%, possibly hitting a new all-time high of $0.566 in 2025.
As of Dec. 10, 2024, the overall sentiment of the HBAR price forecast remains bullish, with 20 technical analysis indicators showing bullish signals, 3 indicating bearish trends, and 7 indicators showing neutral forecasts.
Hedera price prediction 2025
As per expert data, DigitalCoinPrice predicts that in 2025, the Hedera token’s price could fluctuate between $0.63 and $0.76, and may likely hold a yearly average of $0.71.
CoinCodex projects that the Hedera token can trade in the price channel of $0.3345 and $0.8710 in 2025.
According to Walletinvestor analysis of Hedera’s recent price trends, the coin is projected to have a minimum price of $0.276 and a maximum price of $0.4 in 2025.
While the general sentiment in the financial markets is that 2025 will be the year of the bull, it is important to understand that this prediction also has a chance of being wrong. Bitcoin (BTC) has already breached the $100k mark and there is a possibility that it may be at the top of this bull cycle. Hence it is advised to do your research before investing in HBAR or any other cryptocurrency with the hopes of gaining on your investment in 2025.
Hedera price prediction 2030
According to DigitalCoinPrice the price of Hedera could swing between an estimated range of $1.98 and $2.19 in 2025.
Drawing insights from investor sentiment, CoinCodex’s Hedera price prediction for 2030 mentions the range of $0.539897 and $0.9118 which will be its all-time high as well.
Based on the analysis of Hedera’s prices over previous months, Stealthex anticipates that in 2025, the Hedera token can range between $2.3 and $3.4.
2030 is five years away and many cryptocurrencies can become obsolete in that time. This is why it is hard to give a realistic price prediction for any token including HBAR. A great way for HBAR to survive these five years and continue its ascent in the crypto market is to continue building its blockchain technology and partner with key players in the digital crypto space. You should research and keep yourself updated with the latest developments in the upcoming years to make an informed investment decision in the HBAR token.
Is Hedera a good investment?
Before investing in any cryptocurrency including Hedera, please identify and understand the inherent risks that can come due to market volatility. Also, it should be noted that the sentiment in the cryptocurrency market changes quickly, and a token that was once considered the future may also be delisted from major exchanges. Hence it is advisable to do your research on the token’s fundamentals which may very well decide the future of the HBAR token.
How high can Hedera go?
HBAR has already retraced its dump and is only 49% away from its all-time high of $0.5692 (at the time of writing). While it is hard to determine how much time will it take HBAR to break its all-time high, the current trend is bullish and you can look out for potential buying factors that may include new partnerships, increased token holders, or viral campaigns in general. It is also vital that you rely on financial experts who give realistic forecasts, and still, you should remain cautious as no one can accurately predict how high the HBAR token can go.
