HBAR appeared in cryptocurrency ratings in September 2019. Its price was $0.11 then. Immediately there was a 10-fold collapse to $0.011. A scary start, isn't it?
Then, of course, HBAR bounced back to $0.5 and spent the entire 2020 in approximately this range. The bull season began the following year. All the coins were going up in price like crazy and our HBAR was not far behind them. The first wave of the 2021 bull season brought it to $0.4. An 8-fold increase. A very good result. Then, of course, there was a market correction, and HBAR ended up at $0.2 per coin. After that, the second wave of the 2021 bull season followed, which pushed HBAR to $0.5 per dollar. This was its absolute record. Unfortunately, HBAR never reached such heights again.
The next 3 years the market was ruled by bears and all the coins only got cheaper. Our friend HBAR dropped to 0.05 and hung there for a very long time.
Bull season 2024 for Hedera
The first wave of the bull season in March - April 2024 pushed HBAR to the $0.15 mark. A 3-fold increase in price. In principle, this is a very decent result, which allows us to hope that the second wave of the 2024 bull season will help Hedera rise in price by at least another 3 times. Our forecast is that when Bitcoin reaches $100,000, HBAR will cost $0.3 - $0.5. Therefore, this is a good investment. In addition, HBAR can now be bought at a very low price of $0.05.
Increasing your capital by 5 - 10 times is quite possible.