Can Hedera Reach $1?
In case you haven't noticed, interest in cryptocurrency is booming. It went about as mainstream as mainstream gets with multiple ads during last Sunday's Super Bowl. (The Larry David spot for FTX is my favorite.) While tokens like Bitcoin and Ethereum have become household names, and make up the majority of the total market cap, there are literally thousands of cryptocurrency investments out there.
Even Bitcoin, which is trading at more than $44,000, started out valued at pennies and it took almost three years for it to start trading over $1, which it reached in February 2011. Every great journey starts with small steps. While it's impossible to predict which tokens will have that type of long-term success, there are some crypto investments under $1 with great potential. One of them is Hedera (CRYPTO: HBAR). But can it reach $1?
Source Fool.com