Crypto YouTuber Lee the Captain discusses why he believes Hedera (HBAR) could reach $3 despite the current quiet market conditions.
Market Calm and Cyclical Patterns
According to Lee, the lack of news, such as partnership announcements or ETF speculation, leads to waning interest in HBAR. He believes the technology and future use cases remain viable despite the current lull. Especially as altcoins historically surge about 18 months after Bitcoin halving.
AI and Hedera's Future
Lee believes that artificial intelligence could play a significant role in HBAR's future. Many current AI projects are built on older blockchain models, whereas Hedera uses a DAG system, making it faster and more energy-efficient, which is appealing for high-volume applications.
The Math Behind HBAR's $3 Target
If Hedera were to reach $3, its market cap would be about $127 billion. Lee compares this to previous cycles where cryptocurrencies like BNB and Dogecoin reached high market caps. He argues that $3 could be achievable during a full bull run.
Lee maintains his forecast for HBAR and considers the $3 mark achievable within the current market cycle.
