Harmony (ONE) price analysis after it reached a record high | Invezz

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Harmony ONE/USD has advanced from $0.15 to $0.26 since the beginning of October 2021, and the current price stands at $0.22. There are already many projects on Harmony blockchain, and it has united forces of an incredibly vibrant community.

Platform for creators

Harmony is the open blockchain that runs Ethereum applications with 2-second transaction finality and 100 times lower fees. Harmony was launched in 2019 during the initial exchange offering on the Binance Launchpad, and its technology allows it to scale blockchains without compromising decentralization and security.


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Harmony serves as a platform for creators to connect with their community with the purpose of creating a network of nodes focusing on validation. Harmony secure bridges offer cross-chain asset transfers with Ethereum, and its novel Proof-of-Stake (PoS) mechanism is responsible for network security.

This platform can scale to meet the needs of a growing ecosystem in the best possible way, and it is important to mention that Harmony’s bridges currently secure tens of millions of cross-chain assets.

Harmony solves blockchain ecosystems’ biggest problems, like slow transaction speed, scalability issues, and high fees, and to interact with this open blockchain; you should use Harmony tokens that have the symbol ONE.

The maximum supply of Harmony (ONE) is 12.6 billion tokens, and according to analysts from DigitalCoin, Walletinvestor, and GovCapital this cryptocurrency can be a good long-term investment opportunity.

Harmony is continuously working on new features and options which are very important for expanding its ecosystem. The team of Harmony reported:

We are announcing our $300 million ecosystem fund to accelerate 10,000 builders. The Harmony ecosystem has been growing exponentially, and we aim to fund 10,000 more crypto founders, builders, and creatives.

Harmony (ONE) has exploded since the beginning of October 2021, and if you decide to buy this cryptocurrency at the current price, you should use a “stop-loss” order because the risk remains high.

ONE has reached a new all-time high

Harmony (ONE) has been one of the best performers on the cryptocurrency market since the beginning of October 2021, and the price of this cryptocurrency has reached a new all-time high of $0.266 on Sunday.

Data source: tradingview.com

ONE is currently trading below its record highs, but if the price jumps again above $0.25 resistance, it would be a signal to trade ONE. The next price target could be around $0.30 or even above; still, if the price falls below $0.15 support, it would be a strong “sell” signal.

Summary

Harmony is a platform for assets, collectibles, identity, governance, and to and to interact with this platform; you should use ONE token. Harmony (ONE) has been one of the best performers on the cryptocurrency market since the beginning of October 2021, and for now, this cryptocurrency remains in a bull market.

Where to buy right now

To invest simply and easily, users need a low-fee broker with a track record of reliability. The following brokers are highly rated, recognised worldwide, and safe to use:

  1. Etoro, trusted by over 13m users worldwide. Register here >
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