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The cryptocurrency space is all set to hit the mainstream soon. Each project is coming up with a unique plan to dominate and survive in the market and one of these assets is HEX.

The purpose of the network is to bring the concept of CDs (Certificate of Deposits) to the digital world. This can make HEX an intriguing and affordable asset for those interested in investing in the emerging decentralised finance sphere.

So what will be the hex coin price? What could HEX be worth in the rest of 2021 and 2022? Read on this guide on HEX HEX Price Predictions to answer such questions.

What is HEX Coin?

HEX is a new financial tool launched on the Ethereum network by Richard Heart at the end of 2019. The network is an ERC-20 token designed to be a store of value to replace the CDs (Certificate of Deposits) as the blockchain counterpart for the financial product used in traditional financial markets.

What’s a CD?

A certificate of deposit is a product provided by financial institutions like banks in which buyers agree to place a lump sum deposit in the control of the commercial bank. The condition is that the funds shouldn’t be withdrawn for a predefined number of years (1, 3, 6 months, and sometimes up to 10 years) in exchange for an agreed-upon interest rate.

The funds are usually government-guaranteed and CDs are an easy way to earn extra interest on unused funds, which you would otherwise hold in a current account. Outside the United States, the certificate of deposits is commonly known as ‘time’ or ‘term’ deposits.

The HEX cryptocurrency lets token holders stake their tokens in exchange for a share of the next upcoming HEX minting. The network’s TruthEngine technology penalises users who withdraw their token before the agreed date and rewards those who stake large amounts of HEX for longer periods.

The HEX smart system (unlike several smart contracts) has already obtained two independent security reviews.

Now that we are clear about the HEX network, let’s see what will HEX be worth in 2021 and part of 2022.

HEX Volume & Markets

According to CoinGecko, the HEX coin trades at $0.431065 with a 24-hour trading volume of $34,731,237, at the time of writing this piece on HEX price predictions. But the network has decreased by 1.4% in the last 24 hours. In addition to that, HEX has a circulating supply of 572 billion.

 Currently, HEX is trading in crypto exchanges like HitBTC, BitMart, Bidesk, XT.COM, and Bitcoin.com Exchange.

So what’s HEX’s current market position? On CoinMarketCap, the HEX cryptocurrency ranks at the 44th top currency. However, will the latest changes, development, and upgrades in the HEX blockchain help the crypto price to reach higher? Now, let us proceed to the next part of this HEX price prediction for 2021 and 2022.

HEX Coin Price Predictions for 2021 and 2022

#1 - Walletinvestor:

Walletinvestor is a well-known platform when it comes to investing in cryptos. Its price predictions usually cover virtually all cryptos, including HEX, and they give a day-by-day prediction. Here are some key HEX HEX price predictions made by this platform.

• As from September 29 2021 to October 12, 2021, the Walletinvestor charts show that the coin will trade in a certain range ($0.446 to $0.526).
• At the end of 2021, the value of the coin will be $0.6073.
• In 2022, the HEX coin will continue gaining ground and its value will be about $0.6092 at the beginning of the year and reach a value of 0.8 in May the same year.

#2 - Gov. capital:

Gov. capital is another Walletinvestor platform with a different name. But its price predictions are different from that of Walletinvestor. Below are HEX price predictions according to this website.

• As of 28th September 2021, HEX is trading at $0.449.
• By the end of October 2021, the value of the coin will be about $0.480.
• At the end of 2021, the coin price may increase to up to $0.5087.
• In 2022, the HEX coin will keep on going up. At the beginning of 2022, the value of the coin will be approximately $0.516, go up to $0.6079 in May, and shoot to $0.9 at the end of the year.

#3 – ICOcreed:

This independent ICO rating and review organisation believe that the HEX cryptocurrency will keep going up in value. The platform predicts that the coin might reach $0.8 at the end of 2022. Below are key HEX price predictions made by the website.

• In 2021, the value of the coin is expected to reach a maximum of $0.53. The HEX network can reach a minimum of $0.47 with an average trading value of about $0.49.
• HEX price for 2022 is predicted to reach a maximum level of $0.82. The coin is expected to reach a minimum value of $0.68 with an average trading price of $0.70.

#4- Digitalcoinprice:

Digitalcoinprice is a well-established source among the crypto price prediction platforms. It gives Hex / USD Forecast and price prediction for up to 2025. Here are some key HEX price movements or predictions made by this platform.

• As of September 2021, the HEX coin is trading at $0.5933315591.
• By the end of 2021, Digitalcoinprice expects HEX value to reach a decent value of $0.7090061661.
• HEX price for 2022 is predicted to increase to $0.7504362331 at the beginning of the year.
• In Aug 2022, the HEX coin will reach 0.8400062620.

HEX Security & Advantages

The HEX network is cheaper and faster to transact and secure as it uses Ethereum security. This crypto has an economy audited and security from CoinFabrik and Chainsecurity. Hardware wallets such as Ledger and Trezor can be used with MetaMask for ETH and HEX.

HEX crypto is designed for users who stake longer and so they benefit the most. But how? Well, by eliminating intermediaries, investors can transform Ethereum directly into the HEX network. Kick-start adoption usually gives Bitcoin traders free HEX, which helps small market traders, penalising BTC whales.

Late claimers get penalties, and early claimers receive bonuses. Those referred and referrers are paid bonuses as well. Unclaimed interest and coins are paid to users who have locked their HEX on agreed time.

Larger stakes and longer-term get more shares, and also the price per share only escalates. The HEX network equalises incentives and so the more individuals participate, the better of each and everyone is!

Is HEX Cryptocurrency a Good Investment?

Long-time HEX traders are a happy lot. This network boasts a lifetime return of over 40, 000% in less than 2 years. According to HEX initial overview, the HEX cryptocurrency is up 600% in 2021 and has gained about 3000% over the past year.

HEX is 20% below its all-time high reached on Jun. 19. Just shortly after its launch in 2019, this altcoin crashed to an all-time low of about $0.0000145. So it is safe to say that at the current price, any investor who purchased that dip is simply looking at a blockbuster return of 570,000%.

HEX investors can earn some extra money by staking their HEX coins. As mentioned earlier, this project reward investors and the reward, and staking model keeps the network’s inflation and price volatility in check.

HEX price predictions final thought

This guide on HEX coin price predictions proves that this network has a bright future ahead of it in both 2021 and 2022. With the ongoing developments and upgrades happening within the HEX network ecosystem and the overall cryptocurrency market, HEX may reach new heights.

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