Wednesday, October 4, 2023

Binance’s Drop and Holo’s History


With Binance’s notification of Holo’s delisting, the price of HOT has dropped (HOT). In the last 30 days, the HOT price has lost more than 10% in the last 24 hours. It has been in the positive zone. So, what is Holo, and where can I find HOT on other exchanges?

In addition to the 15 deleted trading pairs today, Binance also eliminated the HOT / BTC pair due to inadequate volume. As of tomorrow, the HOT / BTC trading pair will be unavailable on the platform. Holo traders on the Binance platform, on the other hand, can continue to trade HOT/USDT, HOT/ETH, and HOT/BNB.

Holo’s Value Today

Binance’s delisting news had a detrimental impact on the Holo price. During the day, HOT, this had lost more than 10% in the previous 24 hours, slipped below the $ 0.00075 band.

Despite the lack of withdrawal in the last 24 hours, the Holo price has increased by more than 35% in the last month and is now in the green. Holo is the 114th most valuable cryptocurrency, with a market cap of $ 135.7 million. HOT has a daily trade volume of more than $ 26.4 million.

About Holo

The Holo project started in December 2016 by Eric Harris-Braun, the founder of Glass Bead Software, and Arthur Brock, the founder of Geek Gene. Its goal is to fuel the P2P economy.

Holo is a peer-to-peer platform that runs its own network, Holochain, to deliver decentralized applications (dApps). Holo’s mission is to create a truly unifying bridge between ordinary people and cryptocurrency technology. The Holo project intends to promote peer-to-peer solutions across the internet so that they can be used by the general public.

Holo intends to create a connection between Holochain applications and internet users in order to establish an easily accessible ecosystem and marketplace. For dApps built with Holochain, the Holo network provides storage and processing capacity.

Holo aspires to build a peer-to-peer ecosystem in the transportation and hotel industries that can compete with Uber and Airbnb in the future, as well as decentralized application support.

Finally, shared accountability ensures online safety. Every piece of data has a cryptographic audit trail that links it to its creator, and every user contributes to the enforcement of shared application rules and the identification of bad actors. Meanwhile, Holochain’s’subconscious’ reacts to threats and adjusts to network disruptions, ensuring a safe and reliable experience.

How to Buy HOT?

The holo platform’s own crypto currency, HOT, is traded on more than 20 markets and in over 70 pairs. Binance, Bitrue, MXC.COM, Bilaxy, and Uniswap are just a few of the major marketplaces that list HOT coins. On these exchanges, users can purchase HOT coins using currencies like as the US dollar.

Vincent Sanchez
Vincent Sanchez
Vincent Sanchez currently writes articles for Cryptoconstellation. He completed his Msc in finance and had a successful career as an accountant. Vincent enjoys travelling and working out.

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