Cryptocurrency trader Paradator with 737 thousand followers recently shared his detailed technical analysis for a number of altcoin projects. The successful analyst now says that important developments await Holo (HOT), one of these altcoin projects. You can find the NASDAQ article that Paradator reported in the tweet below. The report lists these 3 reasons to buy Holochain:
- Holochain is an environmentally friendly peer-to-peer network (P2P)
- Valitators are tool centered
- Holochain has not yet started beta phase
What is Holo (HOT) in short?
Holo is a peer-to-peer (P2P) distributed platform for hosting decentralized applications built using Holochain, a framework for developing DApps that do not require the use of Blockchain technology. Holo’s goal is to provide an ecosystem and marketplace where DApps are easily accessible as they are hosted on the internet by Holo network participants, acting as a bridge between the wider internet and applications built using Holochain.
As Paradator mentioned, the project has not yet completed the BETA phase. As the project is still in the early stages of its development roadmap, there are major hurdles to overcome. Also, the native token HOT will be able to evolve into Holofuel after the beta phase is complete. HoloFuel will be the network’s governance token.
Altcoin HOT price predictions
Paradator shared the following tweet for Holo (HOT) prospects on November 20. He also said that after the $0.013500 resistance on HOT, $0.016600 is next, and he can look for ATH with the year-end specific news. Besides all this, the trader says that the NASDAQ news is just the beginning. Cryptocoin. com
You can take a look at the Paradator analyzes we prepared as here.