According to CoinGecko’s HEX statistics, PulseChain climbed to an all-time high of $0.03122 in December 2024. The asset’s surge was in tandem with a larger crypto market rally. Bitcoin (BTC) had just breached the $100,000 mark for the very first time, and investors were ecstatic. HEX’s price has fallen by more than 65% since its December all-time high. In this price prediction article, let’s discuss if HEX can hit a new peak in 2025.
HEX Price Prediction: New Peak in 2025?
HEX (PulseChain) is the new HEX coin after the project migrated to the PulseChain network. The asset climbed to an all-time high just months before founder Richard Heart was cleared of all charges by a US judge. The US securities regulator accused Heart of raising over $1 billion via unregistered crypto offerings. The lawsuit was put to rest in late February of this year.
With the lawsuit out of the way, HEX’s path is clear to hit a new all-time high. The asset’s price has, however, taken a hit in the last few days. HEX’s price is down 2.3% in the daily charts, 12.9% in the weekly charts, and 0.3% in the 14-day charts. Despite the downward momentum, the asset is still up by 49% over the previous month and 129.7% since August 2024.
HEX’s price could experience an upward momentum if the Federal Reserve cuts interest rates next month. There is a very high likelihood that the Federal Reserve will slash rates by 25 basis points in September. A rate cut usually leads to investors taking more risks. HEX and other cryptocurrencies are among the riskiest assets.
According to Bitget’s price prediction for HEX (PulseChain), the asset may hit a price of $0.01099 in September 2025.
The platform does not anticipate the asset to hit a new peak anytime before 2030.
Credit: Source link