Blockchain technologies are considered to be the new feature of finance, with the projects like HEX offering alternatives to traditional banking products like deposits. HEX experienced exceptional growth during its first years but was strongly affected by the bearish trend of the crypto market that made its price decrease a lot. Read our HEX token Price Prediction to see if there is a bullish future for the coin.
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HEX Price Prediction: What Will HEX Be Worth in 2025?
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Table of Contents
HEX Fundamental Analysis
Project name
HEX
Stock Symbol
HEX
Current Price
0.003375270881741178
Current Supply
590313241799.217
Official Website
HEX is a decentralized cryptocurrency and the first Certificate of Deposit or a fixed deposit on the blockchain. It was designed as a store of value to replace the Certificate of Deposit used in the traditional financial markets. It is also meant to facilitate the use of the DeFi ecosystem within the Ethereum network.
The project promises more efficient cryptocurrencies and payment networks based on secure and safe p2p technology.
HEX was launched in December 2019 by Richard Heart, a public figure well-known in the crypto space for his ideas. The initial HEX tokens were airdropped for free. Heart implemented a HEX network after getting rich in the early 2000s working with affiliate marketing and making online promotions. Currently, Richard is fully involved in the rapidly growing project. Recently Richard Heart bought the world’s largest cut diamond called “The Enigma”, which he renamed “HEX.com Diamond”.
HEX uses Ethereum for the transaction layer (sending and receiving the HEX tokens and interacting with HEX smart contract), and the consensus and staking mechanisms are contained in the HEX smart contract. The network is able to perform 2000 transactions per second. The official website asserts that the HEX protocol is better and safer than the one offered by Bitcoin.
Users can stake their HEX tokens and receive a share of the newly issued HEX coins. The validation mechanism rewards the behaviors that boost the price appreciation and punishes the behaviors that compromise the price. For example, stakers have to pay a penalty if they pull out the stake early and reward them for a larger staking period similar to the traditional banking deposit. Stakes can be staked for any period from 1 to 5555 days. HEX claims to pay over 40% of annual APY.
HEX utilizes the Proof-of-Stake consensus mechanism, so the users get rewarded for securing the network by staking their tokens.
HEX is an ERC-20 standard token launched on the Ethereum network. It follows the ERC-20 guidelines.
The HEX tokens were distributed to the Bitcoin holders in the proportion of 10000 HEX for 1 BTC. Bitcoin holders were only allowed to claim the HEX only during the first year of launch. The coins can also be obtained for ETH through interaction with the HEX smart contract.
At the end of the first year from the launch, the HEX tokens that were not claimed by Bitcoin holders are distributed to the HEX token holders that have stakes in HEX. Over 300 000 HEX tokens were distributed to the Bitcoin holders. The designed annual inflation after that can’t exceed 3.69%.
HEX Live Price Chart
At the end of October 2021, when the crypto market of altcoins was bullish, the HEX token was traded for $0.3, but from that point, its price started to decline drastically. On the last day of the month to swap HEX users paid $0.2 after the coin have already lost 30% of the price. It recovered slightly and stabilized at the level of around $0.22 for a few days at the beginning of November and then continued to lose value.
On November 9 the price dipped to $0.17 and then jumped up to $0.26. After that, the price returned to a downward trend that lasted for a month. By that time the price of HEX tokens dropped to $0.13 and then started to grow and gain price at a fast pace. By December 22 it was trading for $0.27, bounced around that level for a couple of days, and then reached $0.33 on December 30.
2022 started with the HEX token losing its value. On January 3 it was at $0.21, then recovered to $0.24 and kept bouncing between $0.2 and $0.24 till the middle of the month. From January 17 the price of HEX went down again reaching $0.18 on January 22. In the next week, the price kept stable at around $0.18 and then temporarily went up to $0.21. In the middle of February, the price of HEX was going down following the overall trend of the crypto market, and by March it was trading for $0.11.
In the middle of March, the crypto market experienced some bullish trends and many assets were gaining value. HEX also went up reaching $0.158 but by the middle of the month, the price returned to the level of $0.11 and stayed at that level till the end of the month. At that time HEX was growing and on May 5 it was trading for $0.2.
After that, the token was affected by the bearish period of the crypto market and in the first half of May, the price of the HEX token dropped significantly. By May 26 the price of HEX was at $0.06, and after a short recovery to $0.08 it dropped again, first to $0.057 on June 7 and then to the level of $0.03 by June 14. The token kept this low price level for the next month and in the middle of July, it started to slowly gain the price. In the next month, the value of HEX reached $0.06 and then dropped to $0.04.
After that, the price jumped to 0.05 only for a day and established a downward trajectory that lasted till the end of September. Between September 22 and October 20 the price was stable without much change at the level of $0.033, and from October 22 HEX went a little bit up to $0.039. The experts don’t expect the token to grow over 1% in the short term.
HEX Technical Analysis
Despite the fact that 100% accurate technical analysis for HEX cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated HEX buy-and-sell rating for selected timeframe. The summary for HEX/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.
HEX Price Prediction
Below we have collected the most reliable price projections for HEX (HEX) from popular forecast platforms.
HEX Price Prediction for 2023
As for HEX price predictions for 2023, there are divergent opinions. PricePrediction.net expects a downturn towards $0.001958, and WalletInvestor echoes with ~$0.000446 by the year’s end. Other experts, for example, from TradingBeast, are more enthusiastic about HEX’s future price, citing upwards of $0.003848 in December.
Potential ROI:
-38%
Sell
HEX Price Prediction for 2024
In their HEX price predictions for 2024, TradingBeast forecasts the coin’s price to go down to $0.001215 by December. Forecasting HEX future, WalletInvestor expects further decrease of its price, too, saying the HEX price will reach ~$0.000342 by that time. On the contrary, PricePrediction.net keeps predicting HEX price growth, quoting prices around ~$0.00594 in 2024.
Potential ROI:
-26%
Sell
HEX Price Prediction for 2025
HEX price predictions for 2025 are still predominantly positive, with some analysts promising prices in the $0.005097–$0.00567 range (TradingBeast, PricePrediction.net), while WalletInvestor takes a different view and cites the possibility of the price reaching $0.000246 in December 2025.
Potential ROI:
9%
Buy
HEX Price Prediction for 2026
Both TradingBeast and WalletInvestor doubt that the HEX market will grow in 2026, predicting the price drop to $0.001856 and $0.000159 by the end of the year respectively. Other HEX price forecasts support the idea: PricePrediction.net forecasts HEX to fall down to $0.000844 by December 2026.
Potential ROI:
-72%
Sell
HEX Price Prediction for 2030
Speaking of long-term HEX price predictions for 2030, experts present two polar opinions. PricePrediction.net expresses the view that HEX price won’t grow further and, opposedly, will decline to $0.00216. WalletInvestor’s price prediction for HEX echoes with the projection of a downtrend to $0.000154. Despite this, TradingBeast’s vision remains positive, promising growth up to $0.004523.
Potential ROI:
-32%
Sell
Summary
As it can be clear from the analysis cited above, HEX (HEX) projections are rather contradictory. There is no universal consensus either about positive or negative future HEX price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the HEX projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
Disclaimer:
This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
