HNT is one of the very few altcoins which has lost only a (relatively) marginal amount of value during the current mid-cycle bear market. Where most alts lost between 70%-90% of their value, HNT held strong and only lost 63% at some point. Currently, HNT is trading at a 44% discount from the ATH, still a very respectable area to be.
Generally, tokens who perform well during bearish times tend to perform well during bullish times. Therefore, HNT is one of the main tokens on my watch-list. Furthermore, HNT is a token with a decent team behind it as well as a decent product which you can use to farm tokens.
As seen on the chart, HNT has been trading sideways since early April. With BTC's outlook being quite bullish at this moment, I'm confident that in time HNT will see it's ATH again.
Assuming BTC will see a new ATH this year, a $30+ HNT is not even that far-fetched.
Happy trading!
Generally, tokens who perform well during bearish times tend to perform well during bullish times. Therefore, HNT is one of the main tokens on my watch-list. Furthermore, HNT is a token with a decent team behind it as well as a decent product which you can use to farm tokens.
As seen on the chart, HNT has been trading sideways since early April. With BTC's outlook being quite bullish at this moment, I'm confident that in time HNT will see it's ATH again.
Assuming BTC will see a new ATH this year, a $30+ HNT is not even that far-fetched.
Happy trading!
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