Should You Invest In Handshake Crypto?

Handshake (HNS) is a decentralised, permissionless naming protocol where every peer is in charge of managing the root DNS naming zone. It aims to create an alternative to existing Certificate Authorities and naming systems, which are vulnerable to hacking, censorship, and corruption. Handshake is essentially a base layer for the decentralised internet. The current price of Handshake is 0.0248 USD. In this paragraph, we will explore whether it is a good investment.

Handshake's price prediction for 2024-2033

Handshake (HNS) is a cryptocurrency that has been showing a declining tendency, with its price stagnating for the past year. As of 24 May 2024, the current price of Handshake is $0.000000, with a market cap of $2,688,444,978,248 and a 24-hour trading volume of around 44.33K.

According to one source, by the end of 2024, Handshake's price could reach $0.023444, and by the end of 2025, it could be worth $0.025788. In the next three years, the highest level Handshake price could reach is $0.1517 USD, and the lowest Handshake price could be $0.012216 USD.

Another source predicts that Handshake's price will increase by 239.02% by the end of 2026, reaching $0.0357. By 2027, there is a good chance that the Handshake price will double, but it may not reach its expected maximum of $0.0455.

Looking further ahead, Handshake is projected to hover within the price range of $0.3003 to $0.3579 by 2030. By 2040, Handshake could reach potential price levels of $17.38 to $21.10, and by 2050, it could be worth between $25.51 and $28.84.

It is important to note that cryptocurrency is a highly volatile and risky investment. The above predictions are based on historical data and expert opinions, but the actual performance of Handshake may differ from these forecasts.

Handshake's price prediction for the next week

Handshake (HNS) is a decentralised, permissionless naming protocol where every peer is validating and in charge of managing the root DNS naming zone. Traditional top-level domains like .com are already one of the most valuable pieces of digital real estate available. HNS names will be the de facto way we navigate the decentralised web and give people an opportunity to actually own their own names across the web.

As of 8 October 2023, Handshake is trading at $0.015 in terms of its USD rate, with a 24-hour trading volume of $39,911.00. This makes Handshake (HNS) rank at 748 in the cryptocurrency market. Handshake has a total market cap of $9,400,803. The price of Handshake has increased by 5.88% in the last hour and by 9.15% in the last 7 days.

According to the Handshake forecast price and technical analysis, in 2023 the HNS price is expected to cross an average price level of $0.014, with a minimum price value of $0.014 and a maximum price level of $0.016. In October 2023, the Handshake (HNS) price may reach a minimum value of $0.013 while the maximum forecasted price is around $0.015. The average price for HNS is predicted to be around $0.014.

Wallet Investor predicts that the price target in 14 days is $0.0249 USD upside and $0.0168 USD downside. However, Wallet Investor also predicts that Handshake is a bad long-term (1-year) investment. It is important to note that due to the low market cap, the HNS price can be easily manipulated.

Gov Capital Investor Blog also predicts that Handshake is not a good investment. As of 24 May 2024, the current price of Handshake is $0.000000 and the data indicates that the asset price has been stagnating for the past year. Gov Capital Investor Blog predicts that the future price of the asset is predicted to be $0 (0%) after a year.

Therefore, Handshake price predictions for the next week vary. While some sources predict that the price of Handshake will increase, others state that Handshake is not a good investment. It is important to note that cryptocurrency is a highly risky business and that you should only invest what you can afford to lose.

Handshake's price history

Handshake (HNS) is a cryptocurrency and the native token of the Handshake platform. The price of Handshake has fluctuated since its launch.

On 28 August 2024, Coinbase reported that the price of Handshake was $0.0179 per HNS, with a 24-hour trading volume of $39.68K. The price had decreased by 0.18% in the last hour and 1.92% in the past 24 hours. In the past week, Handshake's price fell by 14.05%.

According to CoinMarketCap, as of 23 August 2024, the live Handshake price was $0.011070 USD, with a 24-hour trading volume of $9,187.37 USD. Handshake was up 0.35% in the last 24 hours and ranked #1154, with a live market cap of $7,025,648 USD.

On 19 September 2024, Crypto.com reported that Handshake's price was US$0.01091, with a 24-hour trading volume of $30,819. HNS was +0.00% in the last 24 hours, with a circulating supply of 634.2 M HNS and a maximum supply of 2.04 B HNS.

On 19 September 2024, CoinGecko reported that the 24-hour price range of Handshake was $0.01062 – $0.01171. The price of Handshake had increased today, with a 24-hour trading volume of $26,526.75, representing a 4.50% price increase. The highest price paid for Handshake (HNS) was BTC0.00006550, recorded on 5 May 2021, over three years ago. The current price was -98.70% lower than the all-time high price. The lowest price paid for Handshake was BTC0.061724, recorded on 5 August 2024, about a month ago. The current price was 15.60% higher than the all-time low price.

The Handshake coin price fluctuates like other currencies, and interested investors can follow the Handshake CoinMarketCap to stay updated on its value.

Handshake's market cap

Handshake (HNS) is a decentralised, permissionless naming protocol where each peer is responsible for validating and managing the root DNS naming zone. It aims to create an alternative to current certificate authorities and naming systems, which are vulnerable to hacking, corruption and censorship.

The current market cap of Handshake is $11.15 million, with a circulating supply of 623 million HNS. The price of Handshake is currently $0.0179 per HNS, with a 24-hour trading volume of $39,680. The maximum supply of Handshake coins is fixed at 2.04 billion, with approximately 355 million coins in circulation.

The Handshake community places auctions and bids for top-level domains through HNS. The Handshake coin is the native token of the platform, and is used to transfer, register and update names on the internet.

Handshake raised $10.2 million from investors, including a16z, Founders Fund, Polychain Capital and Draper Associates. These investors purchased 7.5% of the initial HNS supply, pricing pre-launch tokens at $0.10 and valuing the network at $136 million.

One source states that Handshake is a bad long-term investment, due to its low market cap and price manipulation. However, another source states that Handshake will be one of the foundational pillars of the decentralised web, and that if it cements itself as such, the upside will be huge.

Handshake's potential as a foundational pillar of the decentralised web

Handshake (HNS) is a decentralised, permissionless naming protocol where each peer is responsible for validating and managing the root DNS naming zone. It aims to create an alternative to existing Certificate Authorities and naming systems. Handshake is essentially a base layer for the decentralised internet, starting at the lowest layers of the stack.

The current price of Handshake is 0.0248 USD, and its 24-hour trading volume is around 44.33K. Handshake has a low market cap, which means its price can be easily manipulated. However, some investors believe that Handshake will be one of the foundational pillars of the decentralised web.

One of the main attractions of Handshake is that it allows users to own their names across the web. Traditional top-level domains like .com are already one of the most valuable pieces of digital real estate available. Handshake names will be the standard way to navigate the decentralised web, and users will have the opportunity to own their domain names. This is expected to be a significant driver of Handshake's value in the future.

Some analysts predict that Handshake will experience tremendous growth in the coming years, achieving new highs in terms of price points and market cap. For example, by 2026, analysts predict that HNS will start the year at $0.0296 and trade around $0.0357, which would be a significant jump. By 2028, Handshake's price is expected to surpass $0.0455, and by 2030, it could reach $0.0730.

In summary, Handshake has the potential to become one of the foundational pillars of the decentralised web. Its unique features, such as decentralised naming protocols and peer-to-peer validation, make it an attractive investment opportunity for those who believe in the future of the decentralised web. However, it is important to note that cryptocurrency investments are highly speculative and volatile, and there is always the risk of loss.

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