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What Is Holo (HOT) Coin and How Does It Work?

Holo (HOT) Coin:- Friends Holochain is an open-source framework with the help of which peer-to-peer applications are created. These applications are more secure, reliable, and faster than other applications. Where large applications use a server to send and fetch any data. Applications built into the same Holochain directly connect two devices by establishing a secure connection without using a server.

Maybe friends, what I have told you above about Holochain and after listening to these things, you will like to know more about Holochain and Holo Coin.

So in today’s article, I am going to tell you about Holochain and Holo Coin. Today you will get all the information related to Holo Coin in this article. Like what is a holo coin, who made a holo coin, what is the history of the holo coin, how much is a holo coin, what is the cost of a holo coin, and how to buy the holo coin in India, etc.

» What is Cryptocurrency?

So friends, if you also want to get all the information about Holochain and Holo Coin then read this article till the end. Now without wasting much time let’s start with our first question that what is Holo Coin?

What is holo HOT cryptocurrency digital

What is Holo (HOT) Coin?

HoloChain is a platform that provides decentralized hosting to apps that are built on HoloChain only. Tokens are used to pay for hosting on this platform, which is known as Holo coin. To put this in simple language, Holo Coin is used to make payments for decentralized hosting on top of the HoloChain platform.

History of Holo Coin

holo crypto coin

Holo Coin was launched on Tuesday, 1st May 2018. The coin was priced at ₹0.049 at the time of its launch. In the early days of Holo Coin, its price was nothing special. In 2018, its price was in the range of ₹ 0.049 to ₹ 0.105. With the beginning of 2019, small jumps started coming in the coin. And the first big jump in this coin was seen on 29 May 2019 when its price reached ₹ 0.165.

Talking about its second big jump, there came on 22 February 2021 when its price reached ₹ 0.249  and after that its price went on increasing and it reached its all-time high on 5 April 2021 at the price of ₹ 2. Touched. But after the all-time high is selected, as with all coins, it also happened and its price started falling.

» What is Bitcoin?

Who owns Holo coin?

Holo Coin was created by Arthur Brock and Eric Harris-Braun. Before creating this coin, both of them were contract coders. Even before making Holochain, both of them had a lot of experience in the field of coding.

Total number of Holochain

According to the Coin Market Cap website, the maximum supply of Holo Coin has not been told, but if we talk about its total supply, then it is 177,619,433,541 HOT. The circulating supply of Holo Coin is 172.79 billion HOT.

» What is Binance Coin?

Differences Between Holo, Bitcoin, Dogecoin, Ethereum and Litecoin

HoloLitecoinBitcoinDogecoinEthereum
FounderArthur BrockCharlie LeeSatoshi NakamotoBilly Markus, Jackson PalmerVitalik Buterin Gavin Wood
Release DateApril 201807 OCT 201109 JAN 2008December 6, 201330 July 2015
Release Method Genesis Block MinedGenesis Block MinedGenesis Block MinedGenesis Block MinedGenesis Block Mined
Total Coin Supply56 Million84 Million21 Million5 billion13 Million
Blockchain Protocol Proof Of WorkProof Of WorkProof Of WorkProof Of WorkProof Of Work
UsageDigital Money (Silver)Digital Money (Gold)Digital Money (Silver)Digital Money (Silver)
Privacy YesYesYes Yes Yes
Trackable YesYesYes Yes Yes
Cryptocurrency UsedLitoshiSatoshi
Cryptocurrency SymbolHOTLTC, ŁBTC, XBT, DOGE, XDG, ÐETC
Transaction Fee0.001 LTC AverageBy load on BlockChain
Algorithm ScryptScryptSHA- 256Scrypt, C++Ethash, C++, Go
Block Time At least 10 Mins2.5 MinsAt least 10 Mins1 minute At least 10 Mins
MiningGPU Script-ASIC MinersASIC Miners
Followed by Scaled YesYesYes Yes Yes

To get more information about bitcoin, you must read the article written by us, what is bitcoin.

» What is Tether?

Holo Price Today, HOT to USD live, Marketcap and Chart

According to the Coin Market Cap website, the price of Holo Coin is ₹0.8046 which is up by 6.77% in the last 24 hours. Talking about its trading volume, it is ₹16,275,170,693 and it has increased by 23% in the last 24 hours. The market cap of Holo Coin has increased to ₹139,078,529,921 in the last 24 hours.

» What Is Cardano?

How to Buy Holochain (HOT) Cryptocurrency Using CoinDCX

India’s largest and best cryptocurrency exchange is WazirX. It is a part of the world’s largest cryptocurrency exchange Binance. If you want to buy holochain then follow the steps given below.

Step 1: First of all, create your account on WazirX. You can directly create a new account by clicking here. If you have an account with a cryptocurrency exchange other than WazirX, such as CoinDCX or any other, you can use that as well.

Step 2: Now complete your KYC. It takes a maximum of 5 to 6 minutes to complete the KYC.

Step 3: Now after you complete the KYC, deposit money in your account using UPI or whatever payment method you use.

Step 4: After depositing the money, go to the search box and search “HOT” by going there. At the top, you will see the Holo Coin.

Now you can buy as many coins as you want.

» What is Litecoin?

The future of HOT Coin & Holochain

Many big websites and intelligent traders say that the price of Holo Coin can go up to Rs 70. But it’s going to take a long time. So if you want to invest money in crypto for the long term then Holo Coin can be a good investment.

Overview of Holo Coin

Name Holo Coin (HOT)
Price₹0.8107
Volume ₹16,483,534,987
Market Cap ₹140,090,218,208
Fully Diluted Market Cap₹145,061,573,489
Total Supply 177,619,433,541
Circulating Supply172.79B HOT
Maximum Supply——–
NOTE:- The information provided on this website is for educational purposes only. The information provided on this website does not constitute investment advice, financial advice or trading advice. TechnoVimal does not recommend buying any cryptocurrencies. Crypto markets are highly volatile and crypto investing is risky. Readers should do their research on cryptocurrencies and consult their financial advisor before making any crypto investment.

Conclusion

In today’s article, you have got all the information about Holo Coin. You know today what is the holo coin, who made it, what has been its history, how many are it, what is its price, what can be its future, etc.

I hope that after reading this article all the questions you may have in your mind related to Holo Coin will be cleared. But if it is not so and you still have any questions related to Holo Coin left in your mind, then you can ask them through the comment below. We will answer every question in the comment below.

If you think that this article needs some improvement, then you can also tell us in the comment below, your views are very valuable for us.

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Vimal K. Vishwakarmahttps://technovimal.in
Hello friends, I am Vimal K. Vishwakarma, Technical Author & Co-Founder of Techno Vimal. Talking about education, I am an Engineering Graduate. I enjoy learning things related to new technology and teaching others. I request you to keep supporting us like this, and we will keep providing further information for you. :) #We TechnoVimal Team Support DIGITAL INDIA

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