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Hedera Price Analysis

This time I would like to cover this Hedera Hashgraph – $HBAR.

Efficiency

A recent study from “UCL (University College London) Centre for Blockchain Technologies” have demonstrated the efficiency of this technology.

See:

From http://blockchain.cs.ucl.ac.uk/blockchain-energy-consumption/

From the Graph above we see that other important competitors are Cardano, Polkadot, Tezos, Algorand.

Easy of usage

It is super easy to create a coin based on HBAR. See:

Forecast

Lets compare the market cap.

CoinMarket Cap
Cardano$72,796,015,460
Polkadot$31,651,519,995
Tezos$7,393,447,535
Algorand$11,075,370,144
Hedera Hashgraph$5,999,189,951
Total$128,915,543,085

Looking at the chart above we can assume that this coin can easily reach the 20B Market cap.

Lets do some forecast:

I am assuming that circulating supply will increase by 2% per market cap growth. This is not accurate but at least includes it.

Market CapCirculating supplyPrice
5,952,261,265.9014,832,756,028.000.4013
7,000,000,000.0015,129,411,148.560.4627
8,000,000,000.0015,431,999,371.530.5184
9,000,000,000.0015,740,639,358.960.5718
10,000,000,000.0016,055,452,146.140.6228
11,000,000,000.0016,376,561,189.060.6717
12,000,000,000.0016,704,092,412.850.7184
13,000,000,000.0017,038,174,261.100.7630
14,000,000,000.0017,378,937,746.320.8056
15,000,000,000.0017,726,516,501.250.8462
16,000,000,000.0018,081,046,831.280.8849
17,000,000,000.0018,442,667,767.900.9218
18,000,000,000.0018,811,521,123.260.9569
19,000,000,000.0019,187,751,545.720.9902
20,000,000,000.0019,571,506,576.641.0219
21,000,000,000.0019,962,936,708.171.0519
22,000,000,000.0020,362,195,442.341.0804
23,000,000,000.0020,769,439,351.181.1074
24,000,000,000.0021,184,828,138.211.1329
25,000,000,000.0021,608,524,700.971.1570
26,000,000,000.0022,040,695,194.991.1796
27,000,000,000.0022,481,509,098.891.2010
28,000,000,000.0022,931,139,280.871.2210
29,000,000,000.0023,389,762,066.481.2399
30,000,000,000.0023,857,557,307.811.2575

For more detailed info regarding release scheduled you can see:

https://hedera.com/blog/introducing-the-hedera-treasury-management-report

https://hedera.com/treasury-management-report

Looking at these number this is NOT a coin that will give you 100x gain. But it is a solid PROJECT.