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Hoge Finance (ERC20) Price Prediction

An up-to-date Hoge Finance (ERC20) price prediction for 2021, 2023, 2025. Wondering what is the future of HOGE price? Find out Hoge Finance (ERC20) price forecast with historical, fundamental and technical analysis.
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Hoge Finance (ERC20) Fundamental Analysis

Project name
Hoge Finance (ERC20)
Stock Symbol
HOGE
Curr. Price
0.000121573188
Curr. Supply/Total Supply
405184785926.8474
ROI Since Launch
No Data
Launch Date
No Data
Official Website

HOGE is an ERC-20 Ethereum-based token fair launched as a “DOGE but DeFi” meme currency on February 7, 2021. 1 trillion coins, which is the max supply, were minted with half of it burned at launch. HOGE is a deflationary asset, which means that its circulating supply is constantly decreasing. To achieve this, HOGE founders introduced a 2% tax on every transaction, which is split between the burn address and all the HOGE holders. The founders describe this token redistribution process as autostaking – to get rewards, the holders don’t have to do anything except have HOGE in their wallets. Burning the tokens increases the remaining supply’s value, while autostaking motivates HOGE holders to use it often, since every transaction benefits everyone. 

As many other meme tokens, HOGE is being driven by active community participation like meme making, public discussions, art creation, etc. HOGE supports and encourages this in various ways like developing the NFT Platform, opening the Gaming Lab for public game creation, launching eSports community, with the plans to expand the ecosystem even further.

Since its launch, HOGE has gotten a copycat, which raises an interesting point about crypto projects: because developing your own project is so easy and this market is not regulated, we might see more of these parasitic tokens. Notice that the real HOGE lives on Ethereum, not Binance Smart Chain.

Hoge Finance (ERC20) Live Price Chart

HOGE’s launch went largely unnoticed at around $0.000001, from where it was climbing for the first month until the first week of March 2021. At that point it began experiencing a surge which lasted for the next couple of weeks (with some corrections), reaching ~$0.0009 on March 15. Later the prices declined again, although they never reached February levels, trading mostly at about $0.0001 - $0.0002. In large part because of the asset’s deflationary nature, the long-term predictions are bullish, forecasting prices in the $0.001 – $0.003 range for the next year.

Hoge Finance (ERC20) Technical Analysis

Despite the fact that 100% accurate technical analysis for Hoge Finance (ERC20) cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated HOGE buy-and-sell rating for selected timeframe. The summary for HOGE/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.

Summary

As it can be clear from the analysis cited above, Hoge Finance (ERC20) (HOGE) projections are rather contradictory. There is no universal consensus either about positive or negative future HOGE price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Hoge Finance (ERC20) 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.

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