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I noticed HOT trading much lower than I expected. People are commenting whether HOT can reach $1 someday, but looking at the current numbers, it seems quite far off.
The price is around $0.00 now, with a 0.89% drop in the last 24 hours. The volume has also dropped significantly, from $4 million to just $3.24k. That’s not a very encouraging sign for those betting that HOT will surge.
The most optimistic projections talk about $0.0105 by 2030 if the adoption of Holochain’s decentralized hosting network takes off. But honestly, HOT reaching $1 seems more science fiction than reality for now. It would have to multiply absurdly.
For those wondering if HOT can reach $1, the realistic answer is: unlikely in the next few years, but crypto is crypto, right? Everything changes quickly.