When Could Hex Reach $1?

It’s been a year since Hex reached its all-time high of $0.51 and the crypto has only tanked thereon. During the May 2022 market crash, Hex added another ‘zero’ in the indices and is now hovering around the $0.03 mark. While the crypto rallied in 2021 making investors believe that the $1 milestone is not hard to reach, the markets gave the prediction a reality check. Hex is dwindling and testing the patience of investors who took an entry position during its ATH period.

Also Read: Hex Founder Richard Heart Predicts When Ethereum Could Bottom Out

When Will Hex Reach $1?

Algorithmic-based cryptocurrency prediction service Gov Capital has predicted that Hex might reach $1 in September 2024. That is two years from now and has predicted that the crypto will mostly remain on the back foot in 2023.

Gov Capital has also predicted that Hex could reach the milestone of $2 sometime in July 2026.

The platform has mostly been bullish on Hex suggesting its price could head north soon. The prediction suggested that long-term holders could be rewarded handsomely when the crypto reaches single digits in the indices. It’s caught in the crossfire of the bearish markets in 2022 and is unable to rally like it did in 2021.

Also Read: Hex Founder Richard Heart Says Bitcoin Will Bottom Out at These Levels

Hex was arguably the only asset that doubled in price approximately every 48 days between 2020 to 2021. Hex doubled in price 13 times during this period making early investors earn massive wealth. The crypto has a larger-than-life following and investors firmly believe that it could repeat its price-doubling feat.

Here’s a timeline on how Hex doubled in price approximately every 48 days, 13 times between 2020 and 2021.

At press time, Hex was trading at $0.03 and is down 3.8% in the 24 hours day trade. The crypto is also down 93.6% from its all-time high of $0.51, which it reached in September last year.

Disclaimer: The information entailed in this article should not be taken as financial advice.