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The Holo (HOT) coin has seen a 68.3% rise in the last two weeks, breaking past a major previous resistance level at 0.05983 which makes analysts believe it is setting the stage for a major Bull Run.
To help investors and traders who want to invest in the Holo (HOT) coin, Invezz has created a brief article to help with identifying the best places to buy it.
To find out more, please continue reading.
Best places to buy Holo (HOT)
As HOT is such a new asset, it's yet to be listed on major exchanges. You can still purchase HOT using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy HOT right now, follow these steps:
1. Buy ETH on a regulated exchange or broker, like eToro ›
We suggest eToro because it's one of the world's leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It's also beginner-friendly, and has more payment methods available to users than any other available service.
2. Send your ETH to a compatible wallet like Trust Wallet or MetaMask
You'll need to create your wallet, grab your address, and send your coins there.
3. Connect your wallet to the Uniswap DEX
Head to Uniswap, and 'connect' your wallet to it.
4. You can now swap your ETH for HOT
Now that you're connected, you'll be able to swap for 100s of coins including HOT.
What is Holo (HOT) coin?
Holo (HOT) coin is the native token of the Holo platform.
For better understanding, the Holo platform is a peer-to-peer distribution for hosting decentralized applications (DApps) developed using Holochain, which is a DApps developing framework that doesn’t require the use of blockchain technology.
The main aim of the Holo platform is to bridge apps built using Holochain with the broader internet so that DApps can be easily accessed on the internet.
The HOT token, which is also referred to as HoloToken, is an ERC-20 token that was minted by Holo Network in 2018.
Should I buy the HOT coin today?
If you want to invest in a cryptocurrency that has shown a continuous rise in the past 2 weeks, then HOT could be a good choice.
Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.
Holo price prediction
Though it is difficult to predict crypto prices due to their market volatility, analysts believe the HOT token will continue with its current Bull Run despite today’s pullback. They predict it could hit $0.01 by the end of April.
$HOT social media coverage
$HOT broke out of the 1H Trend and is currently flipping the prior resistance into support. #bullish #Holochain pic.twitter.com/ZfHfea3Jvj
— datPascal.hc (@PascalLindenau) March 27, 2022
$HOT #Holochain on repeat? pic.twitter.com/bIHAI4Lvho
— Gilberto (@gilbertocrypto1) March 27, 2022
The post Top places where you can buy Holo (HOT) coin from; it is up 68% in the last 14 days appeared first on Invezz.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.