Top few reasons why you should consider buying Harmony One now:
- Satoshi level remains consistent at current. Accumulation at this level for already close to 7 weeks. Lowest low is around 52 sat. No pump yet as it is largely neglected while other coins are pumping massively.
- Binance swap for main net tokens is in progress. The next step would be open staking which will be ready very soon. When people start staking, I would expect circulating supply to be locked and thereby decreasing the supply for trading.
- It will be the first platform to implement network, transaction and state sharding incorporating elements of Ethereum 2.0 as well. Good article to read below (not written by me):
https://www.publish0x.com/scribe/harmony-state-sharding-blockchain-can-make-blockchain-scalab-xkroox- More likely to succeed in implementing sharding given that the team has strong technical competency. Team adopts a 996 work culture with an active github.
- Token details
Current Market cap (CMC): $30m
Current price: 0.006048 (around 1.9x from IEO)
IEO price: 1 ONE = 0.003175 USD
Current supply: 4,977,696,588 (see link below)
Unlock schedule:
https://docs.google.com/spreadsheets/d/143qpsVaezh9sY_pDhNK-cffwgEdRojWa38-rqBwKI7c/editMax supply: 12,600,000,000
Assume fully diluted market cap (DMC): $76m (12,600,000,000 x 0.006048)
My target market cap: $300m (to match platforms like Qtum, ICX, vechain) (10x from current CMC) (4 x from DMC). Key catalyst that may propel token price to this market cap would be (speculative):
Binance’s strong support for its IEO. Highly likely that Binance would want to shill its successful IEO when open staking is ready (especially it is the first platform with network, transaction and state sharding)
Partnerships (both in SF and China) and Defi projects
Recent news on Harmony:
https://twitter.com/harmonyprotocol/status/1225136017759490048Disclaimer: I did not take participate in the IEO. Recently bought a small amount at 60 sat. Never invest money that you cannot afford to lose. 😊
