I am not the type to give astronomical numbers, but a realistic person. In light of the state of inflationary stagnation, price expectations must be appropriate for the global economy.
Algorand (ALGO):
1. Expected growth:
ALGO is expected to see continued growth as it supports central bank digital currency (CBDC) projects and expands into the DeFi and NFTs space.
Experts expect it to reach levels between $0.55 and $0.75 within a year if it continues its current performance.
2. Influencing factors:
The success of corporate initiatives such as its government partnerships will significantly impact its market value.
New projects such as the use of the network in digital infrastructure in developing countries should be monitored.
Hedera Hashgraph (HBAR):
1. Expected growth:
HBAR could benefit from backing from tech giants like Google and IBM, with the potential for its price to increase significantly if institutional adoption continues.
In the long term, HBAR could reach $0.50 or higher if its use in identity management and supply chains increases.
2. Influencing factors:
Institutional partnerships and the expansion of the Hedera ecosystem will be key drivers.
Adoption by more major institutions will support its price.
Overview:
#ALGO : It has a strong chance of making good gains if it can break through critical technical levels.
#hbar : Long-term growth potential is supported by institutional adoption, but depends on continued support from major corporations.
So I think HODL seems reasonable if you believe in the expansion of both projects, while keeping an eye on news of developments and partnerships.
It is wise to allocate a small portion of the portfolio to these currencies to ensure risk distribution.
Remember that the cryptocurrency market is highly volatile, so sharp fluctuations may be part of the journey.
