Paradator, one of the popular traders of Twitter, recently moved its Holo (HOT) price expectations above $0.10. @eness_turann with 728 thousand followers believes that HOT can be positioned among the top 10 according to market capitalization. The trader recently listed 10 altcoin projects that he found “cheap right now” in a series of tweets. Of these, MBOX has doubled in value since November 17, with the support of Binance Labs investment. Now Paradator raises the bar for HOT. Again on Twitter, @BirazBorsa account said that “the activity has started in HOT” as Paradator also retweeted, and the “short-term target is $0.0170”. Here are the details…
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You can access the Paradator analyzes we prepared as here. With Bitcoin, which has been trading under $ 60,000 since November 16, the eyes turned to altcoin projects. In this decline felt throughout the market, a number of altcoin projects, especially AVAX (13th), CRO (19) and MANA (27), increased their weekly earnings above 30%.
Holo (HOT), which is ranked 68th by market value, keeps its last 24-hour gains above 5% with the reaction it received from the low level of $ 0.01076 on November 19. The altcoin project currently has a market cap of $2.2 billion and a 24-hour trading volume of $330 million. In order for HOT to join the top 10 by current market capitalization, it must surpass the 10th-ranked $30 billion market cap Dogecoin (doing 13.5x).
@BirazBorsa’s target of $0.0170 in the tweet below is an important resistance that HOT has not been able to reach since April 27. This level was last tested on November 4th. If HOT can carry the mentioned mobility to this $0.0170, it will represent a profit of about 20% from its current price of $0.01284.