Best Crypto to Buy Now? Hedera Price Prediction, New Crypto Coins
The post Best Crypto to Buy Now? Hedera Price Prediction, New Crypto Coins appeared on BitcoinEthereumNews.com.
After ending November with a 10% loss, Hedera (HBAR) has declined an additional 7% over the past week, trading at $0.113 and down 58% from its yearly high. The continued HBAR price drop reflects trends in the broader crypto market. Bitcoin, for instance, has fallen from $126,200 in October to around $87,000 today, making Hedera price prediction an important focus for investors seeking guidance. Hedera’s unique network architecture and governance model may keep it in consideration for those seeking the best crypto to buy now, though some traders are also exploring new crypto presales for potentially higher-growth opportunities. Source – Cilinix Crypto YouTube Channel Challenges Mount for Hedera: ETF Inflows Stall and Platform Activity Remains Low Hedera has faced several challenges impacting its performance, with the newly launched Canary HBAR ETF being a major factor. The ETF has seen no inflows over five consecutive days, and its total inflows since launching in October amount to just $82 million. By comparison, XRP ETFs have surpassed $1 billion in cumulative inflows. HBAR’s ETF performance reflects trends seen in other smaller cryptocurrencies such as Litecoin and Dogecoin. At the same time, Hedera is experiencing ecosystem limitations, raising concerns that it may be turning into a ghost chain, which refers to networks with minimal active participation. Source – DefiLlama The platform has attracted no new DeFi protocols in recent months, hosts fewer than five dApps, and has a total value locked (TVL) of only $66 million, far below newer networks like Monad and Plasma. Its role in the stablecoin sector is limited, holding $88 million in assets, and despite its speed and corporate partnerships, Hedera currently holds no market share in the expanding RWA industry. Hedera Price Prediction Hedera’s price action shows early signs of potential recovery after an extended bearish trend. Key resistance…
