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Harmony price

Harmony priceONE

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Price of Harmony today

The live price of Harmony is $0.01965 per (ONE / USD) today with a current market cap of $282.65M USD. The 24-hour trading volume is $15.64M USD. ONE to USD price is updated in real time. Harmony is 11.03% in the last 24 hours. It has a circulating supply of 14,385,239,000 .

What is the highest price of ONE?

ONE has an all-time high (ATH) of $0.3798, recorded on 2021-10-26.

What is the lowest price of ONE?

ONE has an all-time low (ATL) of $0.001257, recorded on 2020-03-13.
Calculate Harmony profit

Harmony price prediction

When is a good time to buy ONE? Should I buy or sell ONE now?

When deciding whether to buy or sell ONE, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget ONE technical analysis can provide you with a reference for trading.
According to the ONE 4h technical analysis, the trading signal is Buy.
According to the ONE 1d technical analysis, the trading signal is Sell.
According to the ONE 1w technical analysis, the trading signal is Sell.

What will the price of ONE be in 2026?

Based on ONE's historical price performance prediction model, the price of ONE is projected to reach $0.01750 in 2026.

What will the price of ONE be in 2031?

In 2031, the ONE price is expected to change by +9.00%. By the end of 2031, the ONE price is projected to reach $0.03437, with a cumulative ROI of +91.90%.

Harmony price history (USD)

The price of Harmony is +38.03% over the last year. The highest price of ONE in USD in the last year was $0.04839 and the lowest price of ONE in USD in the last year was $0.008677.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h+11.03%$0.01763$0.01974
7d-9.84%$0.01747$0.02250
30d-28.55%$0.01747$0.03252
90d+59.92%$0.01039$0.04839
1y+38.03%$0.008677$0.04839
All-time+521.21%$0.001257(2020-03-13, 4 years ago )$0.3798(2021-10-26, 3 years ago )

Harmony market information

Harmony's market cap history

Market cap
$282,652,085.41
Fully diluted market cap
$285,090,987.57
Market rankings
ICO price
$0.003175 ICO details
Buy Harmony now

Harmony market

  • #
  • Pair
  • Type
  • Price
  • 24h volume
  • Action
  • 1
  • ONE/USDT
  • Spot
  • 0.01976
  • $282.4K
  • Trade
  • Harmony holdings by concentration

    Whales
    Investors
    Retail

    Harmony addresses by time held

    Holders
    Cruisers
    Traders
    Live coinInfo.name (12) price chart
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    Harmony ratings

    Average ratings from the community
    4.6
    100 ratings
    This content is for informational purposes only.

    About Harmony (ONE)

    What Is Harmony?

    Harmony is a blockchain-based platform that strives to solve the scalability and decentralization without compromising either aspect. Launched in May 2019, Harmony has garnered significant attention and investment, including backing from Silicon Valley's Consensus Capital and Hong Kong's Lemniscap VC. The platform was conceived with the motto "decentralization at scale," emphasizing seamless data sharing and fostering a fertile ground for both fungible token and non-fungible asset marketplaces.

    Founded by Stephen Tse in 2018, Harmony made its foray into the market with a robust infrastructure that promises high throughput coupled with low latency and costs. This potent combination is expected to position Harmony at the forefront of establishing the foundation for future decentralized trustless economies. Compatible with the Ethereum network, Harmony boasts a transaction speed of 2,000 transactions per second, a stark contrast to Ethereum's average transaction time of ten minutes. Moreover, the platform offers a cross-chain feature called Horizon, facilitating smooth transitions between ONE and the Ethereum network, thereby leveraging the security of the layer-1 network and the efficiency of the layer-2 network.

    Resources

    Whitepaper: https://harmony.one/whitepaper.pdf

    Official Website: https://www.harmony.one/

    How Does Harmony Work?

    At the core of Harmony's operational prowess lies its unique approach to blockchain technology, utilizing random state sharding to enhance scalability and expedite transaction and block generation. This technique divides the database into smaller segments, known as shards, effectively reducing latency and preventing network congestion. The adaptive proof-of-stake (PoS) consensus mechanism, coupled with the Fast Byzantine Fault Tolerance protocol (FBFT), facilitates security, scalability, and swift verification processes.

    Harmony operates on an open and fast blockchain, featuring a mainnet that runs on the Ethereum network, offering a transaction finality of 2 seconds and fees that are 1000 times lower than Ethereum. This collaborative approach with Ethereum, rather than competing against it, makes it easier for developers to create decentralized applications (DApps) on the network. Harmony's architecture allows it to process transactions in parallel, minimizing communication costs and enabling over 250 validators to reach a consensus in less than two seconds.

    What Is ONE Token?

    The ONE token serves as a stake in the Harmony consensus model, enabling holders to earn block rewards and facilitating the smooth functioning of the system. This community token embodies Harmony's vision of fostering open consensus processes for billions of individuals globally. Utilized for a plethora of platform activities and amenities, including voting, transaction fees, gas fees, staking, and earning rewards, the ONE token had transitioned from a dynamic inflation schedule to a fixed annual rate in March 2020.

    Tthe ONE token confers governance rights on holders, empowering them to influence decisions pertaining to the network's future. This token can be staked, earned, and mined, offering a lucrative avenue for investors to reap rewards while contributing to the network's stability and growth.

    Harmony's Impact on Finance

    Harmony stands as a vanguard in the financial sector, addressing core blockchain concerns with energy-efficient solutions, cross-chain capabilities, and significantly lower gas fees. Its potential to revolutionize cross-border payments and facilitate convenient cryptocurrency exchanges cannot be understated. Moreover, Harmony's network showcases immense potential in the non-fungible tokens (NFTs) sector, offering a cost-effective platform for developers keen on minting NFTs.

    By maintaining decentralization and security even as it scales, Harmony presents a promising future, with aspirations to process up to 10 million transactions per second in the long run, rivaling some of the world's largest payment networks. Its commitment to fostering a decentralized platform without compromising on security or scalability makes it a formidable player in the blockchain arena, poised to redefine the contours of the financial sector.

    What Determines Harmony's Price?

    In the dynamic world of digital assets, Harmony token (ONE) price is influenced by a myriad of factors that resonate well with both cryptocurrency enthusiasts and experts alike. As we venture into 2023 and beyond, the cryptocurrency market is expected to witness unprecedented trends and developments. Harmony, being a notable player in the blockchain sector, has its token price determined by various elements including market demand, cryptocurrency news, and the broader trends in the cryptocurrency market. Investors keen on adding Harmony to their crypto portfolio management strategies often rely on comprehensive cryptocurrency analysis and cryptocurrency charts to gauge the potential trajectory of Harmony's price. Moreover, the sentiment in the crypto community, insights from cryptocurrency influencers, and discussions at cryptocurrency events play a pivotal role in shaping the perception and, consequently, the value of Harmony in the market.

    Cryptocurrency price prediction is an art that combines data analysis with an understanding of the volatile nature of the crypto market. Harmony's price is no exception to the influence of cryptocurrency market volatility. Investors and cryptocurrency enthusiasts keen on making the best crypto investment for 2023 are closely monitoring Harmony's developments, with many turning to cryptocurrency trading strategies honed by cryptocurrency experts to navigate the fluctuating market. Furthermore, regulatory landscapes, encompassing cryptocurrency regulation and cryptocurrency tax policies, can significantly impact ONE token price. As cryptocurrency adoption continues to surge, Harmony stands as a promising contender, with many pondering if it is a good investment in the burgeoning market.

    As we delve deeper into the nuances of Harmony token (ONE) price determination, it is imperative to consider the potential risks involved. Cryptocurrency security remains a paramount concern, with investors vigilant about cryptocurrency risks, including potential cryptocurrency scams. As the Harmony network continues to evolve, offering promising prospects for cryptocurrency for beginners and seasoned investors alike, it is vital to approach investment with a well-rounded understanding of the market dynamics. By staying abreast of the latest cryptocurrency news and engaging with the vibrant crypto community, investors can make informed decisions, potentially reaping substantial rewards in the Harmony ecosystem.

    Harmony Social Data

    In the last 24 hours, the social media sentiment score for Harmony was 3.1, and the social media sentiment towards Harmony price trend was Bullish. The overall Harmony social media score was 6,771, which ranks 396 among all cryptocurrencies.

    According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Harmony being mentioned with a frequency ratio of 0.02%, ranking 118 among all cryptocurrencies.

    In the last 24 hours, there were a total of 354 unique users discussing Harmony, with a total of Harmony mentions of 206. However, compared to the previous 24-hour period, the number of unique users increase by 2%, and the total number of mentions has increase by 6%.

    On Twitter, there were a total of 9 tweets mentioning Harmony in the last 24 hours. Among them, 11% are bullish on Harmony, 0% are bearish on Harmony, and 89% are neutral on Harmony.

    On Reddit, there were 60 posts mentioning Harmony in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 23% .

    All social overview

    Average sentiment (24h)
    3.1
    Social media score (24h)
    6.77K(#396)
    Social contributors (24h)
    354
    +2%
    Social media mentions (24h)
    206(#118)
    +6%
    Social media dominance (24h)
    0.02%
    X
    X posts (24h)
    9
    +50%
    X sentiment (24h)
    Bullish
    11%
    Neutral
    89%
    Bearish
    0%
    Reddit
    Reddit score (24h)
    55
    Reddit posts (24h)
    60
    -23%
    Reddit comments (24h)
    0
    0%

    How to buy Harmony(ONE)

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    Buy Harmony (ONE)

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    Trade ONE perpetual futures

    After having successfully signed up on Bitget and purchased USDT or ONE tokens, you can start trading derivatives, including ONE futures and margin trading to increase your income.

    The current price of ONE is $0.01965, with a 24h price change of +11.03%. Traders can profit by either going long or short onONE futures.

    ONE futures trading guide

    Join ONE copy trading by following elite traders.

    After signing up on Bitget and successfully buying USDT or ONE tokens, you can also start copy trading by following elite traders.

    Harmony news

    Vancouver Council Embraces Bitcoin Reserve Proposal Amidst Fiat Concerns
    Vancouver Council Embraces Bitcoin Reserve Proposal Amidst Fiat Concerns

    Vancouver’s city council has approved exploring Bitcoin as part of its financial reserves. A feasibility report in 2025 will determine its adoption.

    BeInCrypto2024-12-11 23:00
    More Harmony updates

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    FAQ

    Is Harmony (ONE) a good investment?

    Making precise Harmony (ONE) price predictions can be challenging, but various factors suggest it could be a worthwhile investment. Harmony's mainnet, with its EVM compatibility, offers a cost-effective alternative for running Ethereum applications, potentially attracting more developers and increasing on-chain activity. This, along with Harmony's commitment to enhancing its Web3 capabilities and incorporating features like Zero-Knowledge proofs, positions it as a promising platform for future dApp development. The growth in Harmony's ecosystem, coupled with a positive trend in the broader crypto market, might bolster ONE's price and market cap, drawing increased investor interest.

    What is ONE token price prediction?

    Predicting the exact price of the ONE token can be intricate, but several indicators suggest potential growth. Harmony ONE, with its compatibility with Ethereum Virtual Machine (EVM), serves as an efficient platform for developers, fostering increased on-chain activities. The continuous development of Harmony’s ecosystem, coupled with its aim to advance Web3 functionalities and integrate features such as Zero-Knowledge proofs, positions it as a favorable environment for future dApps, potentially driving the ONE token price upwards. Furthermore, a positive sentiment in the overall cryptocurrency market could enhance the value of ONE, attracting more investors. While it’s not possible to provide a definitive ONE token price prediction, these factors indicate a promising outlook.

    What is the use case of ONE token?

    The ONE cryptocurrency is versatile with several applications within the Harmony ecosystem, including: Native Protocol Token: ONE is utilized to pay transaction, storage, and gas fees within the Harmony blockchain. It facilitates global payments across the Harmony network. Staking Token: Users can stake ONE to partake in Harmony’s consensus mechanism and contribute to block production. Stakeholders can either delegate their stakes or become validators themselves, earning rewards for transaction validations. Governance Token: Staking ONE allows validators to engage in Harmony’s governance. Validators are essential community members who can vote on crucial proposals, influencing the development trajectory of Harmony. Investable Crypto Asset: ONE is a tradable asset available on several cryptocurrency exchanges. Investors can buy, sell, or hold ONE for the long term, depending on their belief in Harmony’s future prospects. Before entering the market, it’s recommended to review the current Harmony price, ONE market cap, circulating supply, 24-hour trading volume, and to undertake technical, sentiment, and fundamental analysis on the ONE price chart for informed trading decisions. This varied functionality of ONE underscores its significance in the cryptocurrency domain.

    What is the History of Harmony and ONE token?

    Harmony was founded in 2018 by Stephen Tse, along with co-founders Sahil Dewan, Rongjian Lan, and Nick White, who have backgrounds in major Big Tech companies such as Google, Amazon, Apple, and Facebook. The Harmony mainnet, utilizing a novel PoS consensus model called Effective Proof of Stake (EPoS), was initially launched in June 2019. By January 2020, the platform introduced a token swap feature, enabling users to convert their BEP-2 and ERC-20 tokens to native ONE tokens. Initially, the consensus model incorporated a chosen set of validators, but support for Open Staking through permissionless validators was introduced in May 2020. By 2022, Harmony made significant advancements, including the launch of a trustless bridge to the Bitcoin network in the first quarter of the year. Additional developments in the same quarter comprised the initiation of a social NFT wallet and cross-chain functionality with OpenSea, a prominent marketplace for non-fungible tokens (NFT).

    Can I stake ONE tokens?

    Harmony (ONE) allows you to stake as either a delegator or a validator, enabling you to participate in the consensus mechanism and receive rewards. To stake ONE on Harmony, follow these steps: If you don’t have a Harmony One wallet, create one. Purchase Harmony (ONE) on Bitget or another supported exchange and transfer the tokens to your Harmony One wallet. Visit the Harmony One staking website - https://staking.harmony.one to explore the blockchain’s staking options. Examine the available validators, their status, expected stake returns, commission rates, and uptime. Choose a validator and select the Delegate option to allocate your ONE tokens to them. Specify the amount of ONE tokens you want to delegate, review the details, and confirm the transaction. Relax and enjoy the rewards from your chosen delegated staking mechanism. Alternatively, by creating a Validator Wallet on Harmony One and funding it with a minimum of 10,001 ONE tokens, you can become a validator. Click here for additional information on setting up a validator on the Harmony blockchain.

    What is Horizon bridge?

    Horizon is a cross-chain bridge that allows exchange of crypto assets (e.g., fungible/non-fungible tokens, stablecoins) between Ethereum, Binance Smart Chain and Harmony blockchains.

    What is the current price of Harmony?

    The live price of Harmony is $0.02 per (ONE/USD) with a current market cap of $282,652,085.41 USD. Harmony's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Harmony's current price in real-time and its historical data is available on Bitget.

    What is the 24 hour trading volume of Harmony?

    Over the last 24 hours, the trading volume of Harmony is $15.64M.

    What is the all-time high of Harmony?

    The all-time high of Harmony is $0.3798. This all-time high is highest price for Harmony since it was launched.

    Can I buy Harmony on Bitget?

    Yes, Harmony is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy guide.

    Can I get a steady income from investing in Harmony?

    Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

    Where can I buy Harmony with the lowest fee?

    Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

    Where can I buy Harmony (ONE)?

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    Ronan*
    Ronan*
    7h
    The world of trading and investing is constantly evolving, with stocks and assets often experiencing rapid fluctuations in value. One such asset that has gained attention in recent times is $UFD. As traders, analysts, and investors seek to predict the future of this stock, questions arise about whether it is time to hold, buy, or sell. Is $UFD bullish or bearish? In this article, we will explore the factors driving the sentiment around $UFD and provide a closer look at the key indicators influencing its market behavior. Market Overview $UFD, like many stocks, is subject to market sentiment, company fundamentals, and macroeconomic trends. Recent market data shows fluctuations in the stock's price, often driven by broader market conditions and company-specific news. This volatility is typical for growth stocks, and it calls for a careful analysis of the current trading trends. Bullish Sentiment: Why Traders are Optimistic Bullish sentiments often stem from factors that signal growth potential, increased revenue, or strong market performance. For $UFD, there are several indicators that may lead investors to believe in a positive outlook: 1. Strong Earnings Growth: If the company behind $UFD is showing consistent earnings growth, investors may view this as a signal of stability and potential future gains. Positive earnings reports could attract bullish investors looking to capitalize on upward momentum. 2. Favorable Industry Trends: The performance of $UFD is not only tied to its internal operations but also to industry-wide trends. If the sector it operates in is experiencing growth or expansion, this can provide tailwinds for the stock, leading to a more optimistic outlook. 3. Technical Indicators: For technical traders, certain patterns on the chart might signal bullish behavior. For instance, if $UFD has recently broken through resistance levels or is displaying strong upward momentum, it may point to more buying opportunities. Bearish Sentiment: The Case for Caution While there is optimism surrounding $UFD, it is important to acknowledge the factors that may suggest a more cautious or bearish view. A bearish outlook generally arises when there are concerns about a company’s ability to continue its growth or sustain its market value. 1. Weak Fundamentals: If $UFD’s underlying financials, such as revenue or profit margins, show signs of deterioration, this could lead to concerns about its long-term prospects. Poor financial performance or lackluster growth can lead to a bearish sentiment, as investors may look for safer, more stable opportunities. 2. Macro-Economic Risks: Broader economic factors, such as inflation, interest rate hikes, or a market downturn, can have a negative impact on growth stocks like $UFD. If the economy is facing headwinds, investor sentiment can quickly shift from bullish to bearish. 3. Negative News or Events: Any news or events that affect the company's reputation or business operations can drive the stock price down. A product recall, legal challenges, or executive turnover could create uncertainty, leading to a bearish outlook for $UFD. Conclusion: To Trade or Hold? The question of whether to trade or hold $UFD largely depends on individual investment goals, risk tolerance, and time horizon. For those who believe in the company’s fundamentals and growth prospects, holding the stock may be a prudent decision, especially if technical indicators show positive momentum. Conversely, if recent developments suggest potential risks or the broader market outlook is unfavorable, a more cautious approach may be warranted. Ultimately, investors must weigh the bullish and bearish signals, consider their financial goals, and stay informed about both company-specific and macroeconomic factors. For now, $UFD remains a stock that demands attention and careful analysis as it continues to navigate a dynamic market landscape.
    HOLD0.00%
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    BGUSER-9LN5WBUS
    BGUSER-9LN5WBUS
    7h
    Ethereum’s $ETH network activity has seen a significant increase, with active addresses jumping by 37% to reach 670,000. This surge marks a new high, surpassing the previous peak observed in March 2024. The rise in active addresses suggests a growing adoption of Ethereum, potentially fueled by increasing institutional involvement and demand for decentralized finance (DeFi) applications. Ethereum’s Expanding Network Activity ----------------------------------- The sharp increase in Ethereum’s active addresses indicates heightened engagement within the ecosystem. A rise of this magnitude often signals growing user adoption, increased transaction volume, and greater use of decentralized applications (dApps) built on the Ethereum network. One possible explanation for this surge is the rising institutional interest in Ethereum-based DeFi protocols. Large investors and financial institutions are increasingly utilizing DeFi platforms for lending, staking, and yield farming, contributing to Ethereum’s growing network activity. Total Value Locked (TVL) in DeFi on the Rise ----------------------------------- Ethereum’s Total Value Locked (TVL) in DeFi protocols has also seen a substantial increase, rising from $65 billion to a peak of $98 billion before settling at $84 billion. The rise in TVL signifies that more funds are flowing into Ethereum’s DeFi ecosystem, reinforcing the narrative that institutional investors are driving demand. Aave and Lido, two of the most prominent Ethereum-based DeFi platforms, account for over $60 billion in TVL. These platforms attract institutional investors due to their robust security, efficiency, and staking opportunities. The growing preference for Ethereum-based DeFi solutions highlights its dominance in the sector, even as competitors like Solana and Avalanche attempt to gain market share. ETH Price Volatility and Market Impact ----------------------------------- Despite the bullish on-chain metrics, Ethereum’s price has faced significant fluctuations. Recently, ETH experienced an 8% decline, dropping to around $3,000. This price movement has led to substantial unrealized losses for some investors. One notable example is former U.S. President Donald Trump’s World Liberty Finance (WLFI), which has reportedly suffered an unrealized loss of approximately $14.9 million due to Ethereum’s price drop. This case illustrates the potential risks associated with market volatility, even for high-profile investors. Support and Resistance Levels for Ethereum ----------------------------------- Although Ethereum’s price has retraced, the $3,000 support level has remained intact. If bullish momentum returns, ETH could see a rebound toward the $3,500 range. A further push could test resistance levels between $3,600 and $3,700. However, if bearish sentiment persists—particularly following key macroeconomic events such as the Federal Open Market Committee (FOMC) meeting—Ethereum could lose its crucial $3,000 support, leading to a deeper correction. Investors and traders should closely monitor these levels for potential trading opportunities. Conclusion: A Growing but Volatile Ecosystem ----------------------------------- Ethereum’s recent surge in active addresses and rising DeFi TVL signal strong network growth, likely driven by institutional adoption. However, price volatility remains a key concern, especially as external economic factors and market sentiment influence ETH’s trajectory. For long-term investors, Ethereum’s expanding adoption and dominance in the DeFi sector present a compelling case for sustained growth. However, short-term traders must navigate the ongoing market fluctuations carefully. The coming weeks will be crucial in determining whether Ethereum can maintain its upward momentum or face further downside pressure.
    ETH0.00%
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    Jelles
    Jelles
    8h
    Good morning. $100k turned into support, and #Bitcoin is pushing back towards the highs. One last hurdle to overcome - before the next phase of price discovery. Patience.
    BITCOIN0.00%
    ONE0.00%
    BGUSER-B4SNETF2
    BGUSER-B4SNETF2
    9h
    Introduction The cryptocurrency market is ever-evolving, with new tokens and coins continuously emerging. One such token that has gained attention in the crypto community is $MDOGS (Money Dogs). This token operates on the Binance Smart Chain (BSC) and aims to provide a decentralized, community-driven platform with unique tokenomics. In this post, we will explore MDOGS/USDT’s price prediction, analyze its current market performance, and discuss effective trading strategies. Current Market Performance As of January 2025, $MDOGS is trading at around $0.000011096. The token has recently shown volatile movement, experiencing fluctuations as high as 6-8% in daily trading volume. Its market capitalization remains modest but is expected to grow as the project continues to gain traction. MDOGS is primarily driven by its strong community support, utility, and continuous marketing initiatives. The recent increase in trading volume, coupled with a higher interest in decentralized finance (DeFi), suggests that MDOGS is positioned for future growth. Technical Analysis 1. RSI (Relative Strength Index): The RSI for MDOGS shows it is currently trading in the neutral zone. If the RSI crosses above 70, this could signal overbought conditions, while levels below 30 might indicate an oversold market, suggesting a potential buying opportunity. 2. Bollinger Bands: $MDOGS is trading near the middle of the Bollinger Bands, with price action potentially moving toward the upper band if buying pressure continues. A breakout above the upper band could signal bullish momentum, while a dip toward the lower band may signal consolidation. 3. Moving Averages: The 50-day moving average is currently above the 200-day moving average, indicating a bullish trend. If the 50-day crosses below the 200-day, it could signal a bearish reversal. Watching for crossovers can help traders time their entries and exits. Price Prediction Looking at both short-term and long-term projections: Short-Term (2025): $MDOGS may see further upward movement as it consolidates and attracts more investors. A potential price target for 2025 is around $0.00002000, depending on market trends and overall demand. Long-Term (2026-2030): If the project gains significant adoption and the crypto market continues its growth, MDOGS could reach $0.00010000 or even higher in the long term. However, like all cryptocurrencies, its price will be highly dependent on broader market conditions and technological advancements. Trading Strategy Given the current volatility of MDOGS, here’s a suggested trading strategy for both short-term and long-term investors: 1. Short-Term Trading: Look for buying opportunities when MDOGS dips to a lower support level, especially near the lower Bollinger Band or after a price correction. Set a profit target at key resistance levels like $0.00001500 and $0.00002000. Use stop-loss orders to minimize losses in case the price drops unexpectedly. 2. Long-Term Investment: For long-term holders, accumulating MDOGS during market dips could be a profitable strategy. If the project continues to expand its use case and adoption, MDOGS could yield significant returns over the years. Keep an eye on the community development, partnerships, and updates from the Money Dogs project. Conclusion MDOGS (Money Dogs) is a promising project in the DeFi space with a strong community backing and solid fundamentals. While the market remains volatile, its potential for growth makes it an attractive option for both short-term traders and long-term investors. By staying informed with technical analysis, market trends, and news updates, traders can effectively position themselves in the $MDOGS /USDT pair for profitable opportunities.
    SPACE0.00%
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    john_austin
    john_austin
    9h
    $USDS The $USDS, or United States Dollar Stablecoin, is increasingly gaining attention among investors and traders in the cryptocurrency space. With its pegged value to the U.S. dollar, the stablecoin offers a unique proposition for those seeking stability in a volatile market. However, as with any investment, there are differing opinions on whether to hold or trade $USDS, particularly when considering broader market conditions and individual risk tolerance. Understanding $USDS and Its Appeal $USDS is a stablecoin that mirrors the value of the U.S. dollar, providing a digital asset that is less susceptible to the wild price fluctuations typically seen in cryptocurrencies like Bitcoin or Ethereum. This stability makes it attractive to investors looking to hedge against the volatility of other assets or seeking a relatively safe haven in the ever-changing landscape of the crypto market. Furthermore, $USDS offers quick and efficient transactions, making it an appealing choice for those who value speed and lower transaction fees compared to traditional financial systems. However, its reliance on the U.S. dollar as collateral means that its value is inherently tied to the stability and strength of the dollar itself. Bullish Outlook for $USDS A bullish perspective on $USDS is based on the belief that the stability of the U.S. dollar will continue to hold, maintaining the value of the stablecoin. Investors who are optimistic about the continued strength of the U.S. dollar may view $USDS as a safe and secure asset to hold, especially during uncertain economic times. If the broader market trends towards increased use of stablecoins and digital assets, $USDS could see growing demand. This could be driven by the increasing institutional adoption of cryptocurrencies and the general push for more digital solutions in finance. Additionally, the U.S. dollar’s status as the world’s reserve currency supports a long-term bullish view on $USDS, as any weakening of the dollar could be offset by demand for this stablecoin. Bearish Considerations for $USDS On the other hand, a bearish outlook on $USDS revolves around several potential risks. One concern is the ongoing regulatory scrutiny that stablecoins face globally. Governments are exploring ways to regulate and, in some cases, limit the use of digital currencies like $USDS, which could reduce its appeal. Any significant regulatory action against stablecoins could lead to a decline in its value and usage. Additionally, the strength of the U.S. dollar itself is not guaranteed. Economic factors such as inflation, national debt, and global economic shifts could impact the dollar’s stability. A weakened dollar could lead to reduced confidence in $USDS, causing its value to fluctuate more than expected. Moreover, market dynamics and competition could pose a challenge. With numerous stablecoins already in circulation, new or more robust alternatives could diminish the appeal of $USDS. Investors may choose to diversify into other stablecoin options, especially if they offer higher yields or more favorable terms. Conclusion Whether to trade or hold $USDS ultimately depends on individual investment goals and risk tolerance. A bullish stance could be justified by the stablecoin's potential as a hedge against cryptocurrency volatility, as well as the ongoing dominance of the U.S. dollar in global markets. However, those with a bearish outlook may consider the regulatory uncertainty, potential dollar instability, and rising competition within the stablecoin market as significant risks. For anyone considering $USDS as part of their portfolio, it is crucial to stay informed about both the macroeconomic environment and regulatory developments that could influence the coin's future performance.
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