After a super long consolidation since the launch on 4th January, it appears that HTR is primed to make a major move and enter price discovery in the coming weeks.
Taking into consideration the amount of shilling that is going on this project recently it is only a matter of time that we witness a strong FOMO into HTR.
Please do your research on this, Hathor is a complete blockchain with all the shiny bells and whistles (Scalability, easy to use, nano contracts, zero fees, atomic swaps, side DAGs, Custom tokens).
One of the most anticipated is their HathorSwap DEX(I don't know when), Metamask like wallet for their network(Due soon and again don't know exactly when); the company is super bad with their marketing.
But their tech is super cool, with high throughput and zero fees DEX looks super useful as most retailers are held back at the moment due to insane GAS fees on the ETH network for traders.
The increasing volume since the last few weeks is a clear indication that investors are interested in this project. With only 45M market cap at this time, it has a good potential and we might actually see this project in the top 20s soon.
Technically,
It has bottomed at around (16 - 19 cents) thrice and has tested the falling resistance multiple times.
The price to watch out now is around 25 to 28 cents for this to start an upward momentum.
This project could easily give 10X returns in the next coming months.
Even with 10X at $2.5 per HTR, we will still be at a 452 M market cap. (Circulating supply: 180,833,876) much much lesser than most of the other projects in the top 20.
Well, I will leave you there guys.
I strongly recommend doing your own research on this one could turn out to be something extraordinary.
My entry has been twice once at 0.24 and again at 0.18 averaging at maybe around 0.21.
I will be holding up until $2 before I consider taking profits. (Again depending on the market conditions then).
_______________________________ As always not investment advice, just my opinions considering the technical patterns and market conditions. Please DYOR.
I will just leave my Binance and KuCoin referral links below. If someone is opening new account on either one of them.
Thanks for your time. Stay safe, sleep well, eat well.
Happy trading.
Note
Quite a take-off so far.
Note
$1 folks almost 4X from my chart published date
Note
Hi folks,
There is a new meme coin (CTHOR) on the HTR network with a total fixed supply of 30000 coins. Currently, the team is distributing this for free for making memes on their Telegram channel. Please do participate and secure some CTHOR before they list on Hathorswap in Q2. At the current bid in an auction, the price of one coin was around ~$52. Telegram channel: t.co/3wwgRqUAl2?amp=1 twitter.com/transparentmsg/status/1364602015192645632?s=20
I am not the admin or associated with the team in any way but just a participant like you.
Happy trading. If you do so find this interesting. Happy meming too.
Note
0.78 to 0.82 cents looks like strong support at the moment.
Crossing the $1 mark is still key before an earth-shattering explosion.
If it does break the support and drop any below 0.69 it is a strong buy signal do not miss out on this.
It appears to be manipulative at the moment as this is only significantly traded on KuCoin. People are filling their bags to great extent with price manipulation of just like 80K to 150K HTR.
Listing on any other exchange such as Binance will kill this manipulation. Load up Hathorswap beta is due soon. Possibly by the end of this month.
Team also has many NDAs signed no exchange listing news is leaked yet. But you never know when it drops.
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