Solana

Hedera

when

Smog

Coin

<p>The Hedera price has soared 11% in the last 24 hours to trade for $0.1044 as of 4:50 a.m. EST on a 2,634% surge in trading volume.</p>
<p>The altcoin builds atop the gains made on Monday, which saw the smart contract token close its highest daily candle at $0.1178, levels last seen in May 2022, for a 22-month high.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24HBAR&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$HBAR</a> DID IT! <a href="https://twitter.com/hashtag/HBAR?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#HBAR</a> closed it's HIGHEST daily candle since May 2022! The consolidation is over.<br>Prepare for a parabolic run<br>In line with previous posts = weekly Stoch RSI cross – 10 weeks of pump<br>Enjoy this moment. And be grateful, always be grateful! 🙏bless you all <a href="https://twitter.com/hashtag/Hbarbarians?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Hbarbarians</a> <a href="https://t.co/hMt8WXJ2Vk" rel="noopener noreferrer nofollow">pic.twitter.com/hMt8WXJ2Vk</a></p>
 <p>— Crypto Troll (NOT!) (@OCryptoTroll) <a href="https://twitter.com/OCryptoTroll/status/1759731957376651293?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 20, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<h2 id="hedera-price-outlook">Hedera Price Outlook</h2>
<p>The Hedera price is sitting atop the 78.6% Fibonacci level at $0.1024. It has the potential to extend the fall in the wake of an overbought HBAR. This is seen by the position of the Relative Strength Index (RSI) above 70. This momentum indicator is nose-diving, to show that HBAR could soon be ripe for selling. Investors should watch for the RSI to cross below 70, a move that could open the drains for a sell-off.</p>
<p>If the bears have their way, the Hedera price could lose support due to the 78.6% Fibonacci level of $0.1024, or lower, retracing the 61.8% Fibonacci level, the most critical retracement level, at $0.0901. For the current bullish outlook to be invalidated, however, the price must slip and close below the 50% Fibonacci level of $0.0815. Such a move would denote a 23% drop below current levels.</p>
<p>Notice that the Hedera price had also broken out above the upper boundary of the Bollinger indicator at $0.1025. Often, this move precedes a pullback, adding weight to the RSI supposition mentioned above.</p>
<p><a href="https://insidebitcoins.com/wp-content/uploads/2024/02/HBARUSDT_2024-02-20_12-46-53.png" rel="noopener noreferrer nofollow"><img decoding="async" class="aligncenter wp-image-482131 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/02/HBARUSDT_2024-02-20_12-46-53.png" alt="Hedera price" width="1273" height="544" srcset="https://insidebitcoins.com/wp-content/uploads/2024/02/HBARUSDT_2024-02-20_12-46-53.png 1273w, https://insidebitcoins.com/wp-content/uploads/2024/02/HBARUSDT_2024-02-20_12-46-53-300x128.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/02/HBARUSDT_2024-02-20_12-46-53-1024x438.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/02/HBARUSDT_2024-02-20_12-46-53-768x328.png 768w" sizes="(max-width: 1273px) 100vw, 1273px"></a></p>
<p><a href="https://www.tradingview.com/x/YZB9cmij/" target="_blank" rel="noopener noreferrer nofollow">TradingView: HBAR/USDT 1-day chart</a></p>
<h4><strong>Converse Case</strong></h4>
<p>On the other hand, if the bulls fasten their grip on HBAR, the Hedera price could push north to clear the market range at $0.1180. In a highly bullish case, the price could extend the gains to tag the $0.1200 psychological level, standing 15% above current levels.</p>
<h2 id="on-chain-metric-supporting-bearish-outlook-for-hedera-price">On-chain Metric Supporting Bearish Outlook For Hedera Price</h2>
<p>Multiple on-chain metrics from Santiment behavior analytics took support the bearish outlook for the Hedera price. For starters, the social dominance metric is up from 0.408% to 1.105% in the last 24 hours. Social volume has also soared to 93. A significant rise in social dominance points to an increasing amount of mentions of the coin on crypto-related social media channels relative to a pool of over 50 other projects.</p>
<p><a href="https://insidebitcoins.com/wp-content/uploads/2024/02/Social-dom.png" rel="noopener noreferrer nofollow"><img decoding="async" class="aligncenter wp-image-482132 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/02/Social-dom.png" alt="Hedera Social dominance" width="3840" height="1300" srcset="https://insidebitcoins.com/wp-content/uploads/2024/02/Social-dom.png 3840w, https://insidebitcoins.com/wp-content/uploads/2024/02/Social-dom-300x102.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/02/Social-dom-1024x347.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/02/Social-dom-768x260.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/02/Social-dom-1536x520.png 1536w, https://insidebitcoins.com/wp-content/uploads/2024/02/Social-dom-2048x693.png 2048w" sizes="(max-width: 3840px) 100vw, 3840px"></a></p>
<p><a href="https://app.santiment.net/charts/31jsYwCp__sCl" target="_blank" rel="noopener noreferrer nofollow">HBAR Santiment: Social dominance</a></p>
<p>According to Santiment analysts, a surge of this strength is a recipe for a correction as it inspires the fear of missing out (FOMO). Specifically, the mainstream attention pushes late investors to conform to FOMO. This leads to a possible price top and, therefore, a pullback.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">🗣️ <a href="https://twitter.com/hashtag/Solana?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Solana</a> (+13%), <a href="https://twitter.com/hashtag/Stacks?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Stacks</a> (+23%), and <a href="https://twitter.com/hashtag/NEARprotocol?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#NEARprotocol</a> (+17%) are the top trending assets, according to rising social volumes. In each case, when there is mainstream talk at this level, <a href="https://twitter.com/hashtag/FOMO?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#FOMO</a> will create price tops. If holding any, take a cautious approach. <a href="https://t.co/bb3O2lFJd1" rel="noopener noreferrer nofollow">https://t.co/bb3O2lFJd1</a> <a href="https://t.co/oMnVvAI0ea" rel="noopener noreferrer nofollow">pic.twitter.com/oMnVvAI0ea</a></p>
 <p>— Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1737624240558580174?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 21, 2023</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>While the Hedera price has HBAR holders at the edge of their seats after reclaiming its 22-month high, there is a new Solana meme coin star, <a href="https://insidebitcoins.com/visit/smog" target="_blank" rel="noopener noreferrer nofollow">Smog</a>, which has skyrocketed 111% in a week. And it’s currently offering a 10% discount for early project entrants.</p>
<p><iframe title="NEW 100X Potential SOLANA MEME COIN $SMOG Crypto Live - Best 100X MEME COIN To Buy Now?!" width="640" height="360" src="https://www.youtube.com/embed/e0tjWYug1Xs?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe></p>
<h2 id="promising-alternative-to-hedera">Promising Alternative To Hedera</h2>
<p><a href="https://insidebitcoins.com/visit/smog" target="_blank" rel="noopener noreferrer nofollow">Smog</a> is the latest Solana meme coin and analysts say it’s set to benefit from its dragon theme, which is likely to appeal to Chinese investors amid the onset of the Chinese New Year of the Dragon.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">Happy Chinese Lunar New Year! Did you get your lucky money?🧧<br>We kick off the work today. Good luck with your work throughout the new year🫰 <a href="https://t.co/TYwujiHUyq" rel="noopener noreferrer nofollow">pic.twitter.com/TYwujiHUyq</a></p>
 <p>— Runergy recruitment (@RunergyJiangsu) <a href="https://twitter.com/RunergyJiangsu/status/1759011311294546352?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 18, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>Emerging among the most talked-about meme coins in 2024 after a debut on Jupiter DEX, Smog promises the mother of all airdrops.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24SMOG&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SMOG</a> is now live on <a href="https://twitter.com/hashtag/ETH?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#ETH</a>! Bridge your <a href="https://twitter.com/search?q=%24SMOG&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SMOG</a> now using <a href="https://twitter.com/portalbridge_?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@portalbridge_</a>’s <a href="https://twitter.com/hashtag/Wormhole?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Wormhole</a>, a top cros <a href="https://t.co/IYoFGtebBE" rel="noopener noreferrer nofollow">https://t.co/IYoFGtebBE</a></p>
 <p>— henrickxddd (@henrickxddx) <a href="https://twitter.com/henrickxddx/status/1757867709339951517?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 14, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>Smog is committed to surpassing even the landmark $700 million airdrop on Solana. Towards this endeavor, the project has allocated 35% of the total token supply (1.4 billion tokens) for this purpose.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24SMOG&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SMOG</a> tokenomics as per website</p>
 <p>50% is for marketing<br>35% is for airdrop<br>10% for CEX</p>
 <p>This can be corroborated onchain as well but with a twist! <a href="https://t.co/JAyjxiK5fx" rel="noopener noreferrer nofollow">pic.twitter.com/JAyjxiK5fx</a></p>
 <p>— LOST (@SavingsLost) <a href="https://twitter.com/SavingsLost/status/1755941496065290430?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 9, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>Holders of $SMOG tokens qualify for this historic event. Alternatively, participants can accumulate airdrop points by engaging in the Zealy campaign.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">One <a href="https://twitter.com/hashtag/Memecoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Memecoin</a> to rule them all! 🚀</p>
 <p>Get ready for the greatest <a href="https://twitter.com/hashtag/Airdrop?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Airdrop</a> in history, distributed on <a href="https://twitter.com/hashtag/Solana?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Solana</a>. 💰</p>
 <p>Join <a href="https://twitter.com/hashtag/SMOG?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SMOG</a> on Zealy! 🔥</p>
 <p>Link in Bio 🔗 <a href="https://t.co/vsn4p5cSF4" rel="noopener noreferrer nofollow">pic.twitter.com/vsn4p5cSF4</a></p>
 <p>— SMOG (@SMOGToken) <a href="https://twitter.com/SMOGToken/status/1755713179798081568?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 8, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>Some analysts rank Smog among the <a href="https://www.linkedin.com/pulse/best-meme-coins-invest-top-picks-exponential-gains-calsona-iorle" target="_blank" rel="noopener noreferrer nofollow">best meme coins to invest in with potential for exponential gains</a>, while others say it is one of the <a href="https://www.linkedin.com/pulse/best-penny-crypto-investments-top-picks-explosive-growth-calsona-j8nhe" target="_blank" rel="noopener noreferrer nofollow">best penny crypto investments</a>. And right now you can <a href="https://insidebitcoins.com/buy-cryptocurrency/how-to-buy-smog" target="_blank" rel="noopener noreferrer nofollow">buy and stake Smog</a> for a 10% discount. But hurry soon to catch the deal before it ends.</p>
<p><a href="https://insidebitcoins.com/visit/smog" target="_blank" rel="noopener noreferrer nofollow">Visit and buy Smog here</a>.</p>
<h3 id="also-read">Also Read:</h3>
<ul>
 <li><a href="https://insidebitcoins.com/buy-cryptocurrency/how-to-buy-smog" rel="noopener noreferrer nofollow">How To Buy Smog Token – A Complete Guide</a></li>
 <li><a href="https://insidebitcoins.com/news/most-trending-cryptos-on-ethereum-chain-today-mind-smog-tao-inu" rel="noopener noreferrer nofollow">Most Trending Cryptos on Ethereum Chain Today – Mind, Smog, TAO Inu</a></li>
 <li><a href="https://insidebitcoins.com/news/smog-meme-coin-10x-growth-potential-how-to-buy-stake-for-high-rewards-and-price-prediction" rel="noopener noreferrer nofollow">$SMOG Meme Coin 10x Growth Potential – How to Buy, Stake for High Rewards, and Price Prediction</a></li>
 <li><a href="https://insidebitcoins.com/news/new-solana-based-meme-token-to-buy-and-hold-could-smog-be-the-next-bonk" rel="noopener noreferrer nofollow">New Solana-Based Meme Token To Buy and Hold – Could SMOG Be The Next BONK?</a></li>
</ul>
<div class="inContentProviderSingle inContentColor--insidebitcoins fc-row">
 <div class="inContentProviderSingle--wrapper">
  <div class="container">
   <div class="row mb-lg-3">
    <div class="col-12 col-md-8">
     <p class="inContentProviderSingle--title">New Crypto Mining Platform - Bitcoin Minetrix</p>
    </div>
    <div class="col-12 col-md-4">
     <div class="inContentProviderSingle--rating">
      <div class="rating--holder">
       <p class="rating--text">Rating</p>
       <div class="rating--star-container">
        <div class="rating--star" style="width: 100%;"></div>
       </div>
      </div>
     </div>
    </div>
   </div>
   <div class="row">
    <div class="col-12 col-md-12 text-center d-block d-sm-block d-md-none d-lg-none"><img decoding="async" class="inContentProviderSingle--img mb-3" src="https://insidebitcoins.com/wp-content/uploads/2023/09/bitcoin-minetrix.svg" alt="Bitcoin Minetrix" width="125" height="60">
    </div>
    <div class="col-12 col-md-8">
     <ul class="inContentProviderSingle--list">
      <li>Audited By Coinsult</li>
      <li>Decentralized, Secure Cloud Mining</li>
      <li>Earn Free Bitcoin Daily</li>
      <li>Native Token On Presale Now - BTCMTX</li>
      <li>Staking Rewards - Over 50% APY</li>
     </ul>
    </div> 
    <div class="col-12 col-md-4 d-none d-sm-none d-md-block d-lg-block"><img decoding="async" class="inContentProviderSingle--img float-right" src="https://insidebitcoins.com/wp-content/uploads/2023/09/bitcoin-minetrix.svg" alt="Bitcoin Minetrix" width="125" height="60">
    </div>
   </div>
   <div class="row">
    <div class="col-12 text-center">
     <div class="inContentProviderSingle--button"><a href="https://insidebitcoins.com/visit/bitcoinminetrix" title="Start Trading" rel="noopener noreferrer nofollow">Learn More</a>
     </div>
     <div class="inContentProviderSingle--disclaimerText">
     </div>
    </div>
   </div>
  </div>
 </div>
</div>

Hedera Price Prediction: HBAR Soars 11% After Hitting 22-Month High As This New Solana Meme Coin Star Skyrockets 111% In A Week And Offers A...

Table of Contents

Inside Bitcoins

Other articles published on Feb 20, 2024

UK could pass stablecoin, staking laws within six months: Report

7 Best Altcoins to Invest in Right Now February 20 – Filecoin, Conflux, Arweave

Japan to Allow VC Firms to Directly Invest in Startups that Only Issue Crypto Asset

Filecoin Surges in Market as Price Poised for Major Boost

UK Eyes Crypto Staking and Stablecoins Regulations in Next Six Months

Top AI Tokens To Stack Before Bitcoin Halving To Maximize Profits!

Join our free newsletter for daily crypto updates!