$HBAR Cryptocurrency Price Prediction – Hitachi and Hedera Collaborate for Sustainable Development

adminJanuary 21, 2024

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Hitachi has joined the Hedera Council and aims to create a proof of concept for end-to-end supply chain and sustainability solutions at Hedera within the next year.

Hitachi strengthens the Council through enhanced capabilities and strengthens the network through technological and research capabilities. As a pioneer in innovation-driven industrial use cases, Hitachi stands out with unique and valuable additions.

Hitachi and its affiliates have leveraged their technological prowess to successfully apply blockchain solutions to a variety of fields, including payment systems, supply chain, predictive maintenance, and mining.

Hitachi will also provide expertise in machine learning and generative AI technologies, further expanding the committee’s diverse knowledge base.

Hedera Wallet Snap integration improves accessibility.

Hedera Network unveils Hedera Wallet Snap, a groundbreaking integration linking the open source Hedera Proof-of-Stake (PoS) network with MetaMask, a leading cryptocurrency wallet boasting 30 million monthly users.

Hedera Wallet Snap, developed by Tuum Technologies, a pioneer in decentralized identity solutions, takes a significant step forward in improving accessibility to Hedera features.

This custom MetaMask Snaps plugin allows you to seamlessly integrate Hedera functionality into your MetaMask application to extend its functionality.

1/ We are excited to announce the launch. #girl name Wallet Snap: @Metamask – Started by @SwirldsLabs & @Toowoom Tech Hedera can be seamlessly integrated into MetaMask-based decentralized applications serving over 30 million monthly active users. #Davos2024https://t.co/k1AmE4PfZC
— Ivy (@ivy) January 16, 2024

This collaboration simplifies the process for developers and advances decentralized technologies toward mainstream adoption, aligned with the HBAR Foundation’s shared vision.

This integration not only benefits developers, but opens numerous opportunities for users and businesses to participate directly in the Hedera network through the MetaMask application.

$HBAR price prediction

As of January 20, Hedera was valued at $0.075, with a 24-hour trading volume of $48.08 million and a market capitalization of $1.13 billion. The all-time high was $0.567 on September 15, 2021. It fell 5.21% last week and fell 14.32% throughout the month.

Hedera is trading below its 50-day and 200-day exponential moving averages (EMA) of $0.064 and $0.0577, respectively, indicating a lack of support for the current price trend. For a bull market to return, the bulls will need to push prices above these key EMAs and hold them there.

However, sellers appear to be more proactive than buyers. Hedera’s 14-day RSI is 43.30, indicating a neutral status. According to forecasts, Hedera is expected to fluctuate within the range of $0.058 to $0.076.

Find a comprehensive analysis of the $HBAR cryptocurrency price prediction in the video above, and be sure to subscribe to Jacob Crypto Bury’s YouTube channel for more cryptocurrency-related content. Jacob also maintains a Discord server with 20,000 members where he provides trading tips and insights on upcoming cryptocurrency presales.

conclusion

Hitachi America, Ltd., a recent addition to the Hedera Council, brings industry solutions expertise, and the introduction of Hedera Wallet Snap marks a notable advancement in the blockchain and decentralized finance space.

This integration, which connects Hedera with MetaMask’s broad user base, not only enhances the capabilities of both platforms, but also marks a significant move toward mainstream adoption of blockchain technology.

As the Hedera network expands, this development sets the stage for improved accessibility, efficiency, and innovation within the decentralized ecosystem.

Hedera shows promising growth ahead, but its latest pre-sale coins offer significant potential for 10-100x returns. Check out our article on the best cryptocurrency presales you can buy right now.

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