Price Prediction

Harmony Price Prediction 2021: Will ONE Price Excel Beyond $1?

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Altcoins have grown drastically over the last two years. Many exciting crypto projects are entering the market, in order to serve the needs of the blockchain space, either by improvising existing solutions or by cracking the unsolved problems. One such promising project could be Harmony. 

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In the continuously evolving crypto space, Harmony is one of the unique projects. It works on the Effective Proof-of-Stake (EPoS) consensus mechanism which is referred to as the new version of PoS. This enables improved scalability and faster transaction speeds.

As the platform is preparing for extraordinary upgrades and collaborations in Q4, the ONE Price could skyrocket to hit new milestones. Now on-point, what will be the possible Harmony price Prediction by the end of 2021? Will the asset become the real Ethereum-killer? For the recent updates, buzz, and a long-term price prediction, dive in! 

Overview:

CryptocurrencyHarmony
Token.ONE.
Price.$0.2218.
Market Cap.$2,535,410,127
Trading Volume.$563,738,309
Circulating Supply.10.67 Billion ONE
All-time high.$0.2655 on October 10th, 2021.
All-time low.$0.003807 on 14th March 2020.

What is Harmony (ONE)? 

Harmony is the next-generation sharding-based blockchain protocol built to allow the creation and use of DeFi apps. The network is fully secure, scalable, and it intends to innovate the way dApps work by allowing the creation of blocks in seconds. 

The platform utilizes Effective Proof-of-Stake (EPoS) consensus mechanism, the method enables staking from hundreds of validators at the same time. Moreover, the network allows cross-shard transactions enabling shards to contact directly with each other.  

Harmony being a fast and open blockchain for dApps has its own native token ONE. The protocol is utilized for staking, to pay transaction fees, storage, and gas fees. 

Fundamental Analysis:

Harmony is founded by a former principal engineer of Apple Stephen Tse in 2017. His main motive behind the launch of this project is to revolutionalize block creation, by bringing in the sharding process.  

The founder accomplished Ph.D. in cryptographic protocols and type theory from the University of Pennsylvania. In 2006, he gained knowledge as a research intern at Microsoft soon after his degree. Moreover, the founder accumulated 4 years of experience as a senior engineer at Google

In 2011, he launched a search engine called Spotsetter, which was acquired by Apple later. Dr. Stephen Tse also served as Principal Engineer at Apple in 2014.

The creative founding team of Harmony mainly includes 12 developers, who carry the experience of working with reputed companies such as Google, Amazon, Apple, Microsoft, and more. The team enables grants program that intends to build more innovative products and bring creative developers to the Harmony mainnet.  

In 2020, the Harmony platform achieved significant milestones. The platform introduced Horizon bridge to Ethereum enabling traders to seamlessly connect projects on Ethereum over to Harmony. The team also collaborated with Gitcoin to revolutionalize the future of web3 together in 2020. The first hackathon event conducted was Hack the Horizon, with more than 350 developers team building on innovative ideas for DeFi, fiat applications, NFT, and cross-chain infrastructure.

Now when you know what the Harmony protocol is! The next question that strikes your mind is, is ONE a better investment option for 2021? Let see what the future holds for this altcoin in this Harmony (ONE) Price Prediction article.

Harmony (ONE) Price Prediction 2021:

Harmony entered the year 2021 with a trading price of $0.00844. On a bullish note, the price started to rise further and is trading at $0.199 by mid-March. However, on May 19, the price collapsed, dipping  $0.05688. The ONE price remained sluggish till mid-July. 

The token’s price had a massive gain thereafter reaching a new ATH of $0.2168 on September 9th, 2021. Yet again, Chinese market turmoil plummeted the price rally dumping the asset’s price to $0.1208 on September 21st. Forming a rising wedge pattern the price surged by more than 50% on October 10th taking the price to a new ATH of  $0.2655. 

Harmony ONE price may trade at $0.5172 by the end of 2021, on average with regular buying and selling pressures. However, with a wide vogue of its interoperability upgrade between Bitcoin and Ethereum scheduled to launch in late Q4, the coin may strike a high at $1 with further developments. On the flip side, failure in any upgrades or adverse market conditions, which may operate as a setback, pulling the coin to minimums at $0.2471.

Harmony Price Prediction 2022:

If this year closes on a bullish note, then the 2022 trade might begin with an uptrend at $1. On the other hand, if the ONE token hits the bottom flank, then the next year may commence with a bearish trend at $0.2471.

The community could focus on revolutionizing interoperability. If Harmony enhances its platform by offering flexibility and seamless transparency, the protocol may smash a $1.8 mark by the end of 2022. 

On the flipside, ONE price may also fall back to $1.015. If this does not happen, the average figures by the end of 2022 seem reasonable and may strike at $1.505.

ONE Price Prediction For The Next 5 Years

In 5 years, ONE might become the top DeFi token available in the market and might enter the top 20 cryptocurrencies list. If the network works on an instant transaction system, then it may blow a high at $7.

By the end of 5 years, ONE coin might trade at $5.414 with not many developments. On the other hand, if new regulations pop up in the coming years, the coin may entangle and drop even to $3.991.

ONE Price Market Prediction

TradingBeasts

According to TradingBeasts, the Harmony price is expected to hit the maximum price of $0.3412 and the minimum being $0.2320 and is anticipated to trade at an average price of $0.273 by 2021. The ONE price is expected to trade at an average price of $0.3351 by 2024.

Walletinvestor:

Walletinvestor made a bullish prediction for Harmony. They expect up to three-digit growth prices in the upcoming years. For the year 2021, they predict that the ONE price may reach a maximum of $0.258 by the end of 2021. The coin price may nearly double and hit $0.414 in 2022. They hope that the coin price will hit the maximum of $0.997 by late 2025.

Digitalcoinprice:

A crypto prediction website has reupdated their price prediction for ONE, they forecast that the price is expected to close its trading at $0.32454 by 2021. In 2022-2024, an average price close to $0.3856 to $0.5378 is predicted. 

Our Predictions:

The constant upgrades and partnerships will give a massive boost to the price of Harmony (ONE). With recent network upgrades, the price is rising extremely positively.

According to Coinpedia’s formulated Harmony price prediction, with bullish market sentiments, ONE’s price may skyrocket to $0.4978 by the end of the year 2021.

On the downside, future market fluctuation and increased competition may adversely affect Harmony’s  (ONE) price to see a downtrend in the upcoming months, which may result in a collapse of the coin’s price to $0.1993.

Year.Potential High.Potential Low.
2021$0.4978$0.1993.
2022$0.8421$0.3198
2025$2.5$0.7596

Historic Market Sentiments:

2020:

Harmony (ONE) entered the market in the year 2020 with an ICO of $0.006500. the price was hovering at the same price till the year-end $0.4811 as the platform was in its initial state of fundamental upgrades. 

FAQ

Is Harmony (ONE) a good investment?

Yes, if you are planning for the long term Harmony looks promising, as the coin is planning for expansion and more security upgrades.

How high may Harmony (ONE) price hit by the end of 2025?

Harmony (ONE) has a tremendous potential to reach new ATH’s as per the fundamental analysis. According to crypto influencers and experts, ONE can hit the $5 mark by the end of 2025.

 Where can I buy Harmony (ONE)?

Harmony (ONE) is available across popular platforms such as Binance, Coinbase, Huobi, and more. You can easily register there and can trade the coin.

Will ONE hit $1 by the end of the year 2021?

If the current bullish trend continues and if the coin plans for more updates and partnerships, ONE is expected to hit $1 by the year-end.

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Disclaimer : The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of Coinpedia. Every investment and trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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