Hedera (HBAR) Price Tacks On 180% Potential Flipping Toncoin

Hederaโ€™s native coin flips TON as altcoin competition grows swiftly: is HBAR all set for a $1 mission?

Woman celebrating a SpaceX rocket with A HBAR logo on it.
Created by Gabor Kovacs from DailyCoin

Recently, the mainstream piqued their interest in Hedera Hashgraph (HBAR) after the Hedera Foundation joined the high-profile race to buy TikTok in the United States. As the general crypto markets cooled down after Donald Trump-imposed global baseline tariffs, the HBAR rebound rally has been one of the swiftest among major-cap altcoins.

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Briefly topping the competing altcoin Toncoin (TON) to take over the 14th position in global crypto ranks, Hedera (HBAR) inked 3.20% daily gains to claim a $7.22 billion market cap. 

Market watchers are now assessing the odds of a bigger break through in Hederaโ€™s (HBAR) price, especially after the Distributed Ledger Technology (DLT) employing altcoin is competing with Ripple (XRP) for SWIFT integration.

Can HBAR Price Find Strength For $0.50 Or $1?

Presently, the mounting hype surrounding an HBAR ETF has sent ripples across the crypto markets last week, when NASDAQ confirmed to have pitched the Hedera (HBAR) ETF to the U.S. Securities and Exchange Commission (SEC), officially filing a 19b-4 submission form.

Amid these positive events, market analysts have painted a few most plausible scenarios for HBAR price in the next couple of months. To illustrate, Javon Marks explained to his 54.3K followers on X that $0.504 is the next realistic target for HBAR, sitting just 7 cents below the all-time high of $0.569 scored over three years ago.

If Hedera (HBAR) solidifies within this price range, a further upward momentum could push the altcoinโ€™s price to unprecedented levels, nearing $1. In the bar-based historical price analysis by Mr. Marks, HBAR at $0.962 remains the ultimate target, with a 180% distance from this goal at the current price range.

As of press time, HBAR networkโ€™s native token is trading at $0.1736, based on the latest price-tracking data from CoinGecko.

On The Flipside

  • Recently, tongues were sent wagging about HBAR integration into NVIDIAโ€™s artificial intelligence (AI) arm, putting HBAR price in a resilient state on Tuesday amid a broader crypto market dip.
  • The news came from a faked LinkedIn profile, making a spoof personality as a representative, even though Nvidia is already making use of Hederaโ€™s DLT technology through Equity Labs.

Why This Matters

As altcoins are fiercely competing in the crypto space, those finding cause in tech adoption and institutional-grade partnerships tend to survive bear markets smoother than hype-based ones.

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This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Tadas Klimasevskis

Tadas Klimaลกevskis is a DailyCoin Journalist, covering memecoins & latest developments. Tadas has moderate holdings in SHIB, HBAR, LTC, MATIC and a selection of low-cap meme currencies.

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