With the 2024 bull run igniting a new trend reversal in altcoins, the buyers are on the lookout for underrated projects. Further, with the growing global investments in altcoins, the uptrend is expected to n a never seen before scale. Amidst this, the HEX price comes as a potential contender for the next multibagger.
Let’s explore how much these trends can affect the HEX price for 2024. The key distinctive aspect of the HEX project, which portrays itself as one of the future of investments. Is that it holds a staking function that compensates stakers rather than miners.
Table of contents
Market Top Gainer
Traders who would like to make better investment choices must monitor the price development of a particular digital coin. Therefore, if you’re thinking about investing in HEX, check out this article on HEX cryptocurrency price prediction. Which includes important targets and information about the coin’s performance for years to come.
Overview
| Cryptocurrency | HEX |
| Token | HEX |
| Price | $ 0.01089132
-0.36% |
| Market cap | $ 1,888,675,909.2971 |
| Circulating Supply | 173,411,074,413.0650 |
| Trading Volume | $ 1,348,279.0077 |
| All-time high | – |
| All-time low | – |
| 24 High | $ 0.0000 |
| 24 Low | $ 0.0000 |
*The statistics are from press time.
HEX (HEX) Price Prediction
| Year | Potential Low | Average Price | Potential High |
| 2024 | $0.06085 | $0.09383 | $0.11949 |
| 2025 | $0.10035 | $0.15411 | $0.19891 |
HEX Price Forecast For 2024
The central design of the coin promotes revenue growth and deters price falls. This doesn’t imply that HEX is completely devoid of volatility, but it strives to lessen price fluctuations. And claims that investors receive competitive rates for their money. This could create the required FOMO for the coin to touch the maximum price of $0.11949.
However, the dwindling supply of HEX and low volumes could bring the price as low as $0.06085. The average price may find its foundation at $0.09383 when taking into account the bullish and bearish targets.
HEX Coin Price Prediction For 2025
On an optimistic note, more updates rolling in can improve the coin’s stance and make it stand out from its rivalry. That being said, it could experience a possible price hike to $0.19891 by the end of 2025.
In contrast, HEX may trade at an average cost of $0.10035, if the market determines the price through normal buying and selling pressures. Negative criticism and unfavorable sentiments might then bring down the cost to $0.15411.
Coinpedia’s HEX Price Prediction
The project has the potential to be one the biggest game changer for achieving complete decentralization in the financial world. The team is indicating to bring more improvements and better features to the ecosystem as time rolls. This could gather the required attention to the project and may cause its price to peak at $0.11949 by the end of 2024.
Market Analysis
| Firm Name | 2024 | 2025 |
| Wallet Investor | $0.00147 | $0.003060 |
| Priceprediction.net | $0.077 | $0.11 |
| Digital Coin Price | $0.0691 | $0.0843 |
Click here to read our price prediction of Chiliz (CHZ)!
What Is HEX (HEX)?
Richard Heart introduced the Ethereum-based coin HEX in 2019. Due to the truth that it is the first-ever blockchain version of a Certificate of Deposit. This ERC coin has since gained popularity as an investment opportunity.
A Certificate of Deposit is a financial product used in centralized finance that guarantees a client a specified rate of interest. As far as they maintain a certain amount of cash in a fixed deposit account. The money may linger in the account, making such little interest, and perhaps even dropping in value owing to inflation because the interest rates are often pitiful.
The platform developed HEX, a blockchain-based certificate of deposit, after realizing its centralized drawbacks. Contrary to centralized Certificates of Deposit, the only purpose of HEX is to help investors profit significantly.
Fundamental Analysis
While the arbitration logic and staking mechanism are housed in the HEX smart contract. HEX leverages the ethereum
ethereum Blockchain NetworkTechnology
network for the transaction layer (send or receive HEX tokens in addition to interfacing with the HEX smart contract).
HEX incorporates elements intended to reward actions that support capital growth and prevent conduct that induces harm to the value. It allows an individual to stake their HEX coins for a portion of the new HEX currency issue or inflation. The HEX smart contract penalizes stakers for terminating their stake too soon. And compensates them for holding onto their position for prolonged periods and higher stakes.
Some of the key points worth citing on the project are:
- Focuses on stakers – The HEX system drills on paying the users with a determination to stake their money for longer periods.
- Strives for Stability – Rather than other cryptocurrencies like Bitcoin and Ethereum, it derives its valuation on the US dollar. This indicates that while their prices fluctuate, they do so mostly as a result of changes in the value of the dollar.
Historical Price Sentiments
2019-20
- Hex did not encounter any major fluctuations from its inception in 2019 to the beginning of 2021.
- Initially, the coin was trading for about $0.00007 and from there it took an impressive bullish trend.
- Its price rose from $0.0006 to $0.01 on the 28th of October 2020.
- The coin ended the year 2020 with a price of $0.14.
2021
- 2021 was quite an optimistic year for the token as for the major part of the year the coin was under the influence of the bulls.
- Its price kept rising and skyrocketed to reach $0.4 on the 9th of September.
- However, It dropped to $0.2 at the beginning of December and ended the year with a cost of $0.285.
To read our price prediction of Flux click here!
Wrapping Up
HEX surely has performed better than some of the primitive assets. However, it is important to highlight the pros
pros SaaS company
and cons of the project. As it helps one make an informed decision. Below are some of the major positive and negative aspects of HEX.
FAQs
The protocol has a strong team supporting it and several cutting-edge traits. Which collectively makes it an ideal buy for the long term.
The coin has sturdy fundamentals and it might advance against bearish trends if it fetches newer upgrades and practical collaborations hereafter.
The coin is anticipated to trade around an average cost of $0.11949 by the conclusion of 2024.
The token can break out of its bearish market to reach the highest trading price of $0.19891 by 2025.
HEX
POLONIEX
Pros
- A consumer of HEX can stake their existing HEX tokens in exchange for a portion of future HEX coin issuance.
- Claims to maximize profit while mitigating fluctuations.
Cons
- Hex is directly tied to the number of traders which can be a hindrance to its long-term growth.
- The coin has a solid idea but it’s yet to be seen what features it incorporates to take the game to next level.
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