Bullish Harmony ONE News! Why Harmony Rallied To A New ATH?! What is Next? ONE Price Prediction. ONE Coin News
00:00 – introduction
01:48 – Price analysis
02:25 – 1st reason
02:37 – 2nd reason
03:11 – 3rd reason
05:32 – Price Prediction
3 reasons why Harmony (ONE) rallied to a new all-time high and will continue to do so..
ONE hits a new all-time high following a series of major partnerships and the launch of a $300-MILLION ECOSYSTEM DEVELOPMENT FUND.
Ecosystem development funds have become one of the latest market-moving trends in the crypto sector, and protocols with large treasuries have discovered that incentive programs are one of the best ways to attract new users and
protocols to a project.
s Harmony, a blockchain protocol focused on improving scalability between networks. The project uses cross-sharded contracts and a cross-chain infrastructure among multiple blockchains, including Bitcoin, Ethereum, Polkadot and the Binance Smart Chain. Harmony is a blockchain project that allows users to create decentralized applications, marketplaces of fungible tokens and non-fungible assets while utilizing the best of scalable and interoperable services.
If you want to know more about Harmony follow the link in the upper right corner.
INTRO. But before we start I want to welcome you…
MARKET CAP DATA
The live HARMONY price today is $0.29 USD. The current CoinMarketCap ranking is # 54 with a live market cap more than $ 3 Billion USD. It is on 307,454 watchlists. The asset has skyrocketed by 6,805% in the past year (YTD). Trading at 22,51% below its all time high which was on Oct 26, 2021
Three reasons for the increasing price of ONE include:
1. The launch of a $370-million ecosystem development fund.
2. The successful completion of the Harmony One World conference in Lisbon, which is helping to educate the public about the capabilities of the Harmony network and attract new developers to build in the ecosystem.
The event was held on Oct. 18 and coincided with the beginning of a price rally for ONE, which increased from $0.22 to a new all-time high on Oct. 25.
3. A third reason for the momentum seen in ONE has been a series of partnerships, including integrations with decentralized finance (DeFi) platforms such as Aave and Curve.
Curve Launched on Harmony Mainnet: Harmony’s proposal for Curve to launch on Harmony was passed in September and on October 12th Curve officially launched on our mainnet. Harmony is providing $2 million in ONE tokens to bootstrap the initial usage.
Community Proposal for Aave Launch: The vote has been passed to deploy Aave v2 on the Harmony blockchain to expand lending to its community of users and provide incentives to bootstrap the launch of Aave to a new ecosystem. Harmony will start with $5 million in incentives to bootstrap initial usage of Aave on Harmony.
The addition of two of the most widely used DeFi applications in the cryptocurrency ecosystem has helped increase the reach and userbase of the Harmony blockchain, which offers much lower transaction fees for users of the popular protocols.
Other recent integrations include the launch of the WePiggy lending protocol and the listing of a ONE/USDC pair on Crypto.com.
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