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.
“With impressive user base growth and a huge uptick in the valuation of its native token JEWEL, DeFi Kingdoms ranks first” – @DappRadar
Delighted to see @DefiKingdoms leading its way to the top blockchain games across all chains! 🥳#HarmonyONE pic.twitter.com/EF7NTnliKl
— Harmony 💙 (@harmonyprotocol) January 4, 2022
Harmony One is keying into market potentials and key trends. The likes of DeFi, NFT, bridges are all discussed together with web3 economy and infrastructure.
3/ With DeFi, NFTs & the user-owned economy, Web3 gives us the chance to upgrade networks into crypto asset centered economies & build systems where the incentives of network owners, network participants, and third-party developers are fully aligned.https://t.co/NPgnuXKZmz
— Harmony 💙 (@harmonyprotocol) December 29, 2021
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.
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 ONE might be the cryptocurrency for Millenials after solving the delicate balance of decentralization and scalability. Harmony proposes the following:
- Remove the barriers that prevent crypto currencies from being a real digital money; which majorly 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 transaction throughput that is greater than before, which forces the blockchain solutions to achieve performance gains by sacrificing other features;
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; this is because of its distributed randomness generation (DRG) infrastructure, which is scalable, verifiable, and not biased.
- 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 about 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.
|Coin||Symbol||Price||Marketcap||Change||Last 24h||Supply||Volume (24h)|
|ONE||$ 0.342781||$ 3.96 B||5.79%||11.59 B||$ 316.75 M|
Harmony ONE Current Market Status
The live Harmony price on 11th January 2022 is $0.275093 USD with a 24-hour trading volume of $372,187,980 USD. Harmony is down 8.52% in the last 24 hours. The current CoinMarketCap ranking is #47, with a live market cap of $3,186,361,233 USD. It has a circulating supply of 11,582,841,574 ONE coins
Harmony Price Analysis 2022
ONE will hit 0.47 then correct to 0.3 before hitting $0.6 Source: TradingView
As of now, Harmony presently has a rank of 47 compared to 62 last 29th September 2021 on CoinMarketCap. Hopefully, the latest development and changes to the Harmony ONE token will help boost adherents. Have a look at the chart below
The daily chart shown above shows the undulating channel pattern of Harmony ONE. The bullish pattern is formed by joining higher highs and higher lows. Inferring from the above graph, Harmony has been through many highs and lows over the last month, recovering nicely.
Based on the above chart, Harmony ONE is preparing for a bullish rally will not be an overstatement. The token might go beyond its current average price (resistance) and attain a new maximum price. You should note that this happens if and only if the bullish market continues to favor Harmony.
Contrarily, if the bullish market drops, the price of ONE will fall. It might even attain a new minimum price. This pattern shows a time of settlement that may likely force a price collapse or flight.
Since 2021, the price action has seen many bullish moves more remarkable than the previous one. They are mostly promptly followed by fluctuations, consolidations, and corrections. If this is considered, you can easily conclude that ONE will have a bullish market in 2022 considering its landmark developments..
Harmony Price Forecast 2022-2025
Note that this harmony price forecast is based on technical analysis alone, and nobody can completely predict with all certainty. The following harmony predictions are just suggestions of probable price development and should not be taken as investment advice.
Harmony price forecast by PricePrediction
Despite the decrease of ONE crypto by -9.88% in its current value the past day, analysts project a gradual price increase for 2022. From its current price of $ 0.34, the coin will double to an average price of $0.68 in 1 year or a 100% price increase. 2024 will be much better, with a projected tripling the original price of the coin or at a maximum of $0.98. From then on, we see an almost linear price increase of ONE. If you buy $100 worth of ONE today, you can gain as much as 329% for a total amount of $429 in 10 years.
Source: PricePrediction Forecast
Price prediction by TradingBeasts
A more conservative prognosis is given by TradingBeasts with a price increase of only of 31.85% in 5 years. If you see how the prices dip at some point, you may use that chance to buy more of the coin as a steady growth in price is good for stabilizing the market. Hodl your crypto and sell high as soon as the price reaches its peak but not too soon.
Price Prediction by WalletInvestor
Harmony is at 0.340 USD on 15anuary 2922. If you buy Harmony for 100 dollars today, you will get a total of 294.494 ONE. Based on WalletInvestor forecasts, a long-term increase is expected up to $1.58. With a 5-year investment, the revenue is expected to be around +363.82%. Your current $100 investment may be up to $463.82 in 2027.
If Harmony ONE continues to rise, it might be trading at $2 when 2022 ends. The first 6 months of 2022 will most likely see fast growth and get to $2.5. No significant falls are expected, however.
Harmony ONE cryptocurrency is forecast to be trading at $3.5 when 2023 ends. It is subject, however, to Harmony ONE holding the support level around 200-MA. At this time, the harmony crypto is expected to be reasonably consistent.
If there are new upgrades and developments (even with the recent ones), the price can rapidly increase and get to around $5. Savvy investors are to anticipate many partnerships and upgrades around this period.
Harmony ONE could have an expected maximum price of $6.5 in the next 4 years. Achieving this is anticipated to be easy; as such, a new ATH is possible over the next 5 years.
Taking all the proposals, partnerships, and developments into consideration, I believe we can all come to the conclusion that the Harmony One price token is worth your investment. With a bright future in view and a journey into the web3 ecosystem sure to take place, you would not want to miss this journey. Ultimately, 2022 and beyond look really good for Harmony One.
FAQs about $ONE
Is Harmony One a good investment?
Harmony One has shown signs of a bright future. With investors continually looking to invest in the crypto token, the coin is set to yield great returns if you invest in it. However, it is advisable to do your own research before you invest and not take the above as financial advice.
Will Harmony One reach $1?
Harmony One is likely to reach $1 as early as 2025 as per our predictions.
Will Harmony Ones reach $5?
Harmony One has every tendency to get to the $5 mark if the proposed developments and partnerships are achieved, and if investors continue to look the way of Harmony One.
What will be the price of Harmony One in 2025?
As per our predictions, Harmony One will trade at an average price of $1.4 in 2025.
What will be the price of Harmony One in 2030?
Harmony One will like trade at an average price of $8 in 2030.
What’s the future of Harmony?
Let’s hear it from Stephen Tse, Harmony ONE founder.
What’s the Harmony Bitcoin bridge?
Harmony Bitcoin bridge prototype was launched on Sept 24, 2021, enabling the successful swap of BTC for ONEBTC.
Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.