Why is Holo (HOT) Rising?steemCreated with Sketch.

in holo •  4 years ago 

holo-hot.jpeg

It is seen that #Holochain , which has been in place for a long time, broke a record exactly on the record in the last 1 month. So why exactly is #HOT price rising and what is the target?

🚨HOT Price Not Satisfied With The Record
Looking at the HOT / USD trading pair, it is up 340% in 30 days, 67% in 14 days, 56% in 7 days and 27% in 24 hours. The rise of HOT price can actually be clearly seen directly from the price chart. There should be very reasonable reasons behind such an increase.

The most important reason behind the increase in the HOT price is the altcoin season. In general, the HOT chart, which has remained in place in the last months when almost all altcoins have risen, has finally become active. It is also a known fact that the HOT price, which has been held by the investors for a long time, creates more FOMO with this rise.

🧐Why HOT Price Rises🧐
Of course, #FOMO and altcoin season is not the only reason behind the price increase. In addition, the patent recently obtained from the USA has exactly the effect of a catalyst and ensured the rapid realization of the first rise. The claim that the Holo network is not a blockchain network and is far superior to BTC, ETH and DOT networks, according to the project team, contributes to this rise.

HOT ranks 52nd at the time of this writing and is trading at $ 0.012. It can be said that the point that experts point to as a psychological level is 0.10 dollars. Of course, there seems to be a long way to go for this

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If you are one of those inventors with a brilliant idea, make sure you patent your invention before taking it to the public.