Hex nearly doubled in price as it spiked from a low of $0.026 to a high of $0.052 in the last 30 days. The cryptocurrency rallied 96% in a month generating stellar returns for investors. The token is among the top gainers of the year and is attracting heavy bullish sentiments in the indices. Now that Hex is rallying, investors are keen to know when could it reach the $1 milestone.
Also Read: HEX Rallies 177% in 30 Days: Can It Delete a Zero This Year?
When Could Hex Reach $1?
Hex is known to have dramatic price spikes quite often that take investors by surprise. The cryptocurrency has doubled in price on many occasions making it to be a lucrative and promising investment. It also doubled in price 13 consecutive times between 2020 and 2021. So when could it reach the $1 milestone? Let’s find out!
The token is currently trading at $0.052 after adding an extra ‘zero’ in the indices during the 2022 bear markets. It is unable to delete a ‘zero’ as the markets remain under pressure due to weak global macroeconomic factors.
However, price prediction and analytical firm Gov Capital has painted a rosy picture for Hex. Gov Capital remains to be bullish on its prospects and predicted that Hex could reach $1 in September 2027. Therefore, it could reach $1 nearly four and a half years from today and an upside of approximately 1,925%.
Also Read: Is HEX Leading Altcoins and Leaving Bitcoin Behind?
According to Gov Capital, Hex’s minimum price could remain above the $1 mark during the Q4 of 2027. At press time, Hex was trading at $0.052 and is down 1.5% in the 24-hour day trade. It is also down 90.53% from its all-time high of $0.55, which it reached in September 2021.
Disclaimer: The information entailed in this article should not be taken as financial advice.