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Harmony Price Prediction 2022-2031: Can ONE Rise Soon?

harmony one

Harmony ($ONE) started the year 2022 by advancing the Web3.0 development of the Harmony ecosystem. To do that, a partnership was announced with 4everland on January 4, 2022. With the announcement, Harmony front-end developers will be able to deploy on IFPS via 4everland hosting services.

Another development to start the year was DefiKingdoms, a decentralized app in the Harmony One ecosystem leading the top blockchain games on DappRadar. Harmony One is keying into market potentials and key trends. The likes of DeFi, NFT, and bridges are all discussed together with Web3 economy and infrastructure.

As a crypto trader, you are teetering on the edge of uncertainty; this is why we are putting out this guide to help you evaluate coins for your investment portfolio. But first, let’s know more about Harmony (ONE). A friendly reminder, if you’re interested in a particular cryptocurrency, do your research and be open-minded.

Today’s Harmony price is $0.020915 USD with a 24-hour trading volume of $19,814,305. Harmony is up 2.83% in the last 24 hours. The current CoinMarketCap ranking is #115, with a live market cap of $262,114,922. It has a circulating supply of 12,532,149,333 ONE coins and the max. supply is not available.

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What is Harmony (ONE)?

Harmony (ONE) is a decentralized blockchain platform created to bridge the gap between scalability and decentralization. The cryptocurrency development focused on sharing data and creating marketplaces of any fungible token and non-fungible assets.

Harmony has invested heavily in its blockchain with high incentives for developers on the blockchain. Harmony is setting a pace revolutionizing the way they conduct business by ensuring equality and trust in a world filled with inequalities.

With Harmony One you can also earn compound interest by staking for over 10% and compounding your rewards. The project is also currently working on getting rewards up to 20%.

Harmony One has a 300 million grant program that is accelerating development in our ecosystem and we just secured a partnership with AAVE and are close to finishing a vote to secure a partnership with CURVE. Curve and AAVE have the 2 highest total values locked in the crypto space. Combine that with our Bitcoin bridge that’s launching soon, and you have even more liquidity that can flow into the Harmony ecosystem to take advantage of DeFi products. 

The developments will bear fruit in the long term as more use cases continue to emerge in the blockchain space. Harmony is already invested in the metaverse, NFTs, and gaming sectors.

Cryptocurrency for Millenials

Harmony ONE might be the cryptocurrency for Millenials after solving the delicate balance of decentralization and scalability. Harmony proposes the following:

  • Remove the barriers that prevent cryptocurrencies from being real digital money; which majorly is all about the scaling problem faced by coins like Bitcoin. The increased popularity bitcoin faced brought about a cost increase in how the payment system is used. This problem is solved by implementing a deep sharding protocol covering transaction validation, network communication, and blockchain.
  • Set Harmony apart from other blockchain solutions by getting a transaction throughput that is greater than before, which forces the blockchain solutions to achieve performance gains by sacrificing other features.

Characteristics of Harmony (ONE)

After having a look at what the aims and objectives of the harmony project are, let us take a look at some characteristics of harmony cryptocurrency;

  • One important characteristic of Harmony ONE is its scalability. 
  • Harmony’s sharding system is highly dependable; this is because of its distributed randomness generation (DRG) infrastructure, which is scalable, verifiable, and not biased. 
  • Harmony is related to Proof-of-stake making it energy efficient and dependable. Also, the Consensus has a linearly scalable BFT approach which is a hundred times faster than PBFTs.
  • Harmony (ONE) has an adaptive thresholded Proof-of-Stake system. 
  • Harmony supports dependable cross-shard contracts that can completely communicate directly with each other.
  • Harmony also supports a scalable networking infrastructure.

Harmony (One) ensures the crypto space has a dependable blockchain system to boost its protocol and network layers. Harmony (ONE) also allows systems that were not viable on blockchain before, including high-volume decentralized exchanges, interactive fair games, visa-scale payment processes, and IoT transactions. All things considered; Harmony aims at creating an appropriate environment.

You have learned about basically everything about Harmony. How beneficial will the token be now and in the future? Let us check out the harmony price analysis and price prediction together.


Harmony Overview

Harmony Overview
CoinSymbolPriceMarketcapChangeLast 24hSupplyVolume (24h)
harmony
Harmony
ONE
ONE$ 0.018994$ 233.70 M1.41%12.31 B$ 19.03 M

Harmony ONE staking rewards

There are a number of reasons why Harmony ONE staking is growing in popularity. Some of the key reasons include:

  • This blockchain has a high degree of scalability, allowing for the transfer of data and value between shards.
  • The platform uses an energy-efficient consensus mechanism, making it a great choice for those who want to participate in staking to earn staking rewards
  • It is safe, thanks to its use of the Byzantine Fault Tolerance protocol.
  • This token has an incentivized node program that rewards harmony staking users for running nodes. This makes it a great choice for those who want to participate in staking and help secure the blockchain.
  • It is compatible with Ethereum, making it a great choice for those who want to build DApps.
  • It is fast, thanks to its use of the FBFT consensus algorithm. Transactions are confirmed in as little as two seconds.
  • It is efficient, thanks to its use of an aggregate signature to sign transactions minus the validator fee on the frontier wallet.

How much can I earn with Staking?

For long-term holders, Harmony ONE staking is an ideal strategy since the coin might increase its value in a couple of years, at current market prices staking 10000 ONE would return $196.

This is not financial advice, just letting you know some scenarios and how Harmony ONE staking could work. You should research more about ONE and its applications.

Harmony Price History

Harmony (ONE) started the year at $0.042 and surged to a then-high of $0.2233 on 29 March 2021. That’s a rise of $5,216%. In April 2021, ONE experienced massive price swings, falling from its March high to $0.0850 on 23 April 2021, losing 61% of its value.

When the price crashed from 37 cents to 32 cents 5 months ago, many people panic-sold. What they didn’t look at was the depth chart. There was a huge buy wall and very low sell volume bringing the price down. The next day, the price is back up again to 35 cents and there was a huge sell volume and very small buy volume.

Screenshot 1485

This is how whales and bots manipulate this market and paper hands fold. Before panic-selling your crypto, look at what is going on in the depth charts.

Why does this happen and what does it mean? Here’s a toned-down explanation from a lengthy one:

  1. You want to buy 10M in bitcoin (or some other asset). If you just put buy orders, you will cause an increase in price which will make it more expensive for yourself.
  2. Instead, you spend a smaller amount (in this example 1M) to buy in small increments at market price. It may move the price up a bit but not as much.
  3. Once you have 1M worth of crypto, you put one big fat sell order (the wall). You hope this will scare the market, as it looks like some big player knows something bad is about to happen and wants to urgently sell before it’s too late. You don’t really intend to sell, you just put the order to create panic. If the market doesn’t take the bait and they start buying from you, you simply cancel the order and maybe try again sometime later.
  4. People that misread the wall and want to sell, have to offer a lower price (they undercut you). Otherwise, they would have to wait until you sold all your 1M.
  5. You buy from them. You keep buying from them until there are no more people willing to undercut your wall. This way you can buy the rest of the 10M you wanted to buy originally, but the price never goes over the price of your sell order (the wall).
  6. Once you bought all you wanted to buy, or when there are no more sellers undercutting you and buyers start buying from your wall, you cancel the sell order.

In essence, you put large sell orders, not to sell, but as a way to ensure the price won’t increase while you buy from people scared of what the wall implies.

The same mechanism works the other way. When you want to sell, you put a buy wall and sell to those who want to buy thinking it’s a bull market.

A lesson in crypto: DONT PANIC SELL. CHECK THE DEPTH CHART. HODL.

Harmony Technical Analysis

Harmony Price Prediction 2022-2031: Can ONE Rise Soon? 1

Harmony price analysis for August 29, 2022, reveals the market following a complete bearish movement, obtaining further massive negative momentum, signifying a decline for the ONE market. The price of Harmony has remained negative over the past few hours. Today, however, the price increased and went from $0.018 to $0.020. However, the market started to increase in value soon after and regained most of its value. Moreover, Harmony has increased and reached $0.020.

Harmony price analysis reveals the market’s volatility following an increasing movement, which means that the price of Harmony is becoming more prone to experience variable change on either extreme. The Bollinger’s band’s upper limit is $0.03, serving as ONE’s strongest resistance. Conversely, the lower limit of Bollinger’s band is $0.016, which is the most substantial support for ONE.

The ONE/USD price appears to be moving under the price of the Moving Average, signifying a bearish movement. Moreover, the market’s trend seems to have shown bearish dynamics in the last few days. As a result, the market has decided on a positive approach.

Harmony price analysis shows the Relative Strength Index (RSI) to be 40, signifying a stable cryptocurrency. This means that ONE falls into the lower-neutral region. Furthermore, the RSI path seems to have shifted to an upward movement. The increasing RSI score also means dominant buying activities.

Harmony price analysis reveals the cryptocurrency follows a definite upward trend with much room for further activity on the increasing extreme. Moreover, the market’s current condition appears to be following a positive approach. Therefore, we can assume that the bulls will start making their moves soon to maintain their control over the market.

Harmony Price Predictions by Authority Sites

Digital Coin Price

According to DigitalCoinPrice’s Harmony price forecast value can reach $0.0257 towards the end of 2022 before rising to $0.0280 in 2023. The price of Harmony predicted by the website for 2025 is $0.0390. The website also projects a $0.0895 price for Harmony in 2030.

Wallet Investor

According to WalletInvestor’s Harmony crypto price prediction, its might drop below $0.001 within a year without recovering. The long-term and short-term outlooks for the site’s ONE price forecast are pessimistic.

Gov Capital

In a more upbeat Harmony ONE price prediction, Gov.capital predicts that by the end of 2022, the price will reach $0.12. The site predicts that in five years, the currency will reach $1.59.

Cryptopolitan

Harmony Price Prediction 2022-2031: Can ONE Rise Soon? 2
Harmony Price Prediction 2022-2031: Can ONE Rise Soon? 3

Harmony Price Prediction 2022

In 2022 Harmony’s price is predicted to reach a minimum level of $0.027. The ONE price can reach a maximum level of $0.030 with an average trading price of $0.028.

Harmony Price Prediction 2023

The price of Harmony is predicted to reach a minimum level of $0.044 in 2023. The Harmony price can reach a maximum level of $0.051 with an average price of $0.045 throughout 2023.

Harmony Price Prediction 2024

In 2024 the price of Harmony is predicted to reach a minimum level of $0.063. The ONE price can reach a maximum level of $0.075 with an average trading price of $0.065. 

Harmony Price Prediction 2025

The price of Harmony is expected to reach a minimum level of $0.091 in 2025. The ONE price can reach a maximum level of $0.11 with an average price of $0.094 throughout 2025.

Harmony Price Prediction 2026

Harmony price is forecast to reach the lowest possible level of $0.13 in 2026. As per our findings, the ONE price could reach a maximum possible level of $0.16 with the average forecast price of $0.13.

Harmony Price Prediction 2027

In 2027 the price of Harmony is forecasted to be at around a minimum value of $0.19. The Harmony price value can reach a maximum of $0.22 with the average trading value of $0.19.

Harmony Price Prediction 2028

The price of Harmony is predicted to reach a minimum value of $0.26 in 2028. The Harmony price could reach a maximum value of $0.32 with the average trading price of $0.27 throughout 2028.

Harmony Price Prediction 2029

In 2029 the price of Harmony is expected to reach a minimum price value of $0.38. The ONE price can reach a maximum price value of $0.46 with an average value of $0.39.

Harmony Price Prediction 2030

The price of Harmony is predicted to reach a minimum value of $0.56 in 2030. The Harmony price could reach a maximum value of $0.66 with an average trading price of $0.58 throughout 2030.

Harmony Price Prediction 2031

Harmony’s price is forecast to reach the lowest possible level of $0.88 in 2031. As per our findings, the ONE price could reach a maximum possible level of $1.01 with the average forecast price of $0.90.

Harmony Price Prediction by Industry Influencers

UnisonFinance Youtube Channel goes through Harmony price forecast. He suggests it is difficult to tell when Harmony will reach its bottom. He comments that Harmony is trading at a big discount.

The Terra ecosystem went down just when Harmony developers were working on creating a bridge to the network. Papi Abilla, a regular contributor on Harmony, was eager to invite Terra founders into Harmony. This was on the condition of having Terra redeployed on Harmony

Harmony blockchain is providing seamless interactions for game developers, below is a short clip from rocket monsters universe, a play-to-earn game built on Unreal Engine 5.

Conclusion 

Harmony forecast is nearly stagnant in 2022 after the huge drop from $0.3689 in January. One coin will then pick positive momentum from 2023.

Harmony has been held captive by bears this year. Harmony has lost 88% this year alone. It has been falling in the past few days after trading sideways for weeks. The recent downtime by Celcius caused panic in the crypto world. Harmony is trading at a discount. The future price market reversal in the crypto market will be profitable for investors.

The blockchain platform Harmony appears to have massive potential. The platform is actively being developed, and the project team consists of seasoned specialists. The project provides answers to the cross-chain interoperability and scalability difficulties that are now hot topics in the blockchain sector. By implementing a number of improvements intended to improve the scalability and security of its blockchain, Harmony is attempting to set itself apart from rivals that also utilize sharding technology.

Harmony may possibly be a good investment, but its future success depends on a number of variables that are as of yet unknown. These include whether the ecosystem is able to achieve one million users and how effectively the sharding mechanism withstands any malicious attacks.

Macroeconomics and the effects of any foreseeable regulation of cryptocurrencies are other considerations. It is always important to keep in mind that the cryptocurrency market is extremely volatile and that the value of all tokens and coins might fluctuate both up and down, so you should do your own research and seek investment advice before investing.

Furthermore, start-ups like Harmony must be valuable for ongoing price increases to depend on anything other than conjecture. The possibility of cryptocurrencies replacing traditional finance is still a long way off. Many coins, like ONE, are valued at least in part based on the potential function they may have in this system, although cryptocurrencies might never be extensively utilized due to legislation or because the technology is still insufficient.

Based on all this information we can say that Harmony is a good investment; however, it is always advised to do your own research before investing.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

FAQs

Is Harmony (ONE) a profitable investment?

Yes. As per our findings, the ONE price could reach a maximum possible level of $1.01 with the average forecast price of $0.90.

Where can I buy Harmony?

Cryptocurrency exchanges that support Harmony include Huobi Global, Kucoin and Binance

What wallet can I use to transfer Harmony?

You may use a Trust wallet, a safe cryptocurrency custodial wallet.

What's the ONE price prediction for 2031?

Harmony price on cryptocurrency exchanges is projected to continue rising. The Harmony blockchain will have mass adoption by 2031. Harmony will set new resistant and support levels. Harmony forecast indicates it will trade between $1.38 and as high as $1.61 with an average anticipated price of $1.42.

How long do transactions take on the Harmony Blockchain?

Transactions take about 2.02 seconds with finality.

when will Harmony reach $1?

Harmony will reach $1 for the first time in 2030.

Shawn Du'Mmett

Shawn Du'Mmett

Former IT development and consultant, remote team and collaboration expert, PM, CCO, writer, dreamer, idealist looking to collaborate with global teams on a global teal/turquoise organisation. Shawn's dream is working together openly, to get what writers need and want, and to solve biggest global problems. He is building a collaboration system from the start that everyone can own and define, allowing them to work together, to decide how it works and to their highest ideals.

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