As there is no chart for High Performance Blockchain here, there you go :
This coin has dropped a lot. It dropped from 12$ to 0.5$. For those who don't know it, it's the first blockchain that uses hardware to tackle bottleneck speed, and officially tomorrow will be the fastest blockchain in the space with 20000 tps. (Real numbers, and not scam claims)
Reasons it dropped so hard :
- Bear Market ( obvious)
- Chinese project: With chinese projects, most of them are scams, as the chinese have perfected the art of scamming, so without proof of a product, one should be afraid
- No marketing and communication at all from the team
- Lots of coins were locked in the supply
- Masternode plan wasn't satisfying
BUT, all these points now have been answered:
- Market is about to change directions ( refer to my other analysis)
- HPB found legitimacy when western masternode holders received the BOE hardware and proved that the project is legit
- HPB hired a powerful marketing western team and 3 new western employees that are doing an excellent job
- Coins got unlocked
- Masternode plan got improved
Also to note:
- HPB found its bottom around 10k satoshis
- Tomorrow is the mainnet : the price will increase gradually as more dapps join the network, and considering the competition, HPB has a MASSIVE advantage over the others
- Only on 3 exchanges, and Binance listing will drive the volume up way higher
This is a great buy, and we are expected to surpass all time high. However, if you are just trading short term, all time high will yield you over x9 in gains.
This coin has dropped a lot. It dropped from 12$ to 0.5$. For those who don't know it, it's the first blockchain that uses hardware to tackle bottleneck speed, and officially tomorrow will be the fastest blockchain in the space with 20000 tps. (Real numbers, and not scam claims)
Reasons it dropped so hard :
- Bear Market ( obvious)
- Chinese project: With chinese projects, most of them are scams, as the chinese have perfected the art of scamming, so without proof of a product, one should be afraid
- No marketing and communication at all from the team
- Lots of coins were locked in the supply
- Masternode plan wasn't satisfying
BUT, all these points now have been answered:
- Market is about to change directions ( refer to my other analysis)
- HPB found legitimacy when western masternode holders received the BOE hardware and proved that the project is legit
- HPB hired a powerful marketing western team and 3 new western employees that are doing an excellent job
- Coins got unlocked
- Masternode plan got improved
Also to note:
- HPB found its bottom around 10k satoshis
- Tomorrow is the mainnet : the price will increase gradually as more dapps join the network, and considering the competition, HPB has a MASSIVE advantage over the others
- Only on 3 exchanges, and Binance listing will drive the volume up way higher
This is a great buy, and we are expected to surpass all time high. However, if you are just trading short term, all time high will yield you over x9 in gains.
- 17k : Kijun resistance
- 25-28k : first fibonacci resistance
- 40k
- 50k : Triple top ( we break that, then fomo happens)
- 90 k