Sun, November 24

Holo (HOT) Price Surges Over 20% In a Single Day

Holo (HOT) Token Maintains Bullish Momentum Altcoin News
  • Holo price surges 20% in a single day.
  • The Holo trading volume of $1,096,622,999. 
  • The highest recorded Holo price is 0.03 €.

The price of Holo (HOT) has increased by 20% in a single day. With a 24-hour trading activity of $1,096,622,999, the current Holo price is $0.012752. They keep their HOT pricing up to current in real-time. In the previous 24 hours, Holo has gained 20.38%. With such a live market valuation of $2,204,710,203, CoinMarketCap now ranks #64. There are 172,895,870,443 HOT coins in circulation, and the maximum quantity is unknown. The highest Holo price ever reported is 0.03 Euros.

A decentralized application hosting network created using Holochain, a framework for constructing decentralized apps (DApps) that do not require blockchain technology, Holo is a peer-to-peer distributed platform that allows users to collaborate on projects.

HOT/USDT Price Chart (Source: TradingView)

The purpose of Holo is to act as a link between both the broader internet as well as apps developed using the Holochain. Nevertheless, it provides an ecosystem and global market in which decentralized applications (DApps) are easily accessible because they refer to the internet-based by attendees of the Holo system.

For DApps developed on Holochain to function correctly, the Holo network is supported by several servers that supply storage capacity. To support Holochain-based DApps hosts may either install software on their computer that runs in the background. However, it constantly assigns additional processing power to DApps, or they can operate a specialized machine such as a HoloPort.

HoloFuel is a cryptocurrency intended exclusively for microtransactions, and in return, hosts compensate for this cryptocurrency.

In March and April 2018, Holo had host a “first community offering.” In the end, 177.6 billion HOT was created through a demand-driven process, with 133.2 billion HOT (75%) designated for sale to the public. Continuing with it, 44.4 billion HOT (25%) was retained for the group as well as the corporation. Restricted stock and lock-up durations did not apply to the use of team tokens.

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