If you use Moralis Money, odds are you’ll have seen the HDRN token shooting up the charts lately. Specifically, Hedron has been adding thousands of new holders in the last few weeks. Moralis Money is a token explorer that leverages on-chain data to identify promising coins such as HDRN.
Try it out for yourself in the interactive widget below! Either use our preset filters or combine your own filters to create unique search queries to target specific coins you’re after.
With growing interest in Hedron and the HDRN token, it’s high-time we take a closer look at HDRN. In this article, we’ll look at how the project operates, Hedron’s relation to HEX, how to buy HDRN tokens, and what you need to keep in mind if you’re trying to do a Hedron crypto price prediction.
What is Hedron Crypto and the HDRN Token?
What is the Hedron crypto project, and what is the HDRN token? In this article, we’ll answer both these questions, take a closer look at the Hedron project, and why the HDRN token has been receiving a lot of attention lately.
So, without further ado, let’s start by exploring the Hedron network!
The Hedron Network
Hedron is an accumulation of smart contracts hosted on the PulseChain and Ethereum networks. Hedron builds on HEX, allowing stakers to borrow and mint HDRN tokens against their active HEX stakes. What’s more, Hedron also makes it possible for users to trade their HEX stakes as non-fungible tokens (NFTs).
Hedron consists of three central features: minting, tokenized HEX stakes, and borrowing. Let’s break down each feature separately:
- Minting – The minting features makes it possible for those who stake HEX to mint HDRN ERC-20 tokens. The amount of HDRN tokens is based on two factors: (1) the staked amount and (2) how long the HEX tokens have been staked.
- Tokenized HEX Stakes – With Hedron, it is possible to create an encapsulated HEX stake inside an HSI (HEX Stake Instance) contract. An HSI is a Solidity smart contract with the purpose of hosting a single HEX stake. From there, users can ”tokenize” the HSI contract into an ERC-721 NFT. The NFT can, in turn, be transferred to other wallets. A transfer can occur through a direct transaction or by selling it on an NFT marketplace.
- Borrowing – Borrowing is the last feature, and it’s relatively similar to minting in the Hedron ecosystem. However, it takes somewhat of a different approach. Instead of requiring users to have servers stay days within a HEX stake to receive HDRN, borrowing grants users tokens upfront. Hedron refers to this as an ”advance”. Note that before borrowing, you’ll need to be aware that it comes with inherent risks. Explaining these risks falls outside the scope of the article, but you can read more about this in Hedron’s whitepaper.
Hedron’s Relationship with HEX
Hedron is a stand-alone project. It has no official ties to HEX, HEX’s founders or developers. It is simply a project built by HEX enthusiasts to bring more value to the HEX ecosystem.
However, despite no official ties between the projects, Hedron is still interrelated to HEX. As we mentioned in the previous section, Hedron builds on HEX, allowing HEX stakers to mint and borrow HDRN tokens against their active HEX stakes.
If you’d like to learn more about HEX, check out our articles exploring what you need to make a HEX crypto price prediction and if it’s too late to buy HEX.
What is the HDRN Token?
The HDRN token is the native crypto asset of the Hedron project, and the HDRN token is given as a reward to people staking their HEX tokens. Accordingly, it acts as an incentive to those who stake HEX and adds additional utility to the HEX ecosystem.
So, where and how can you buy HDRN tokens?
How to Buy the HDRN Token
The easiest way to buy the HDRN token is through a decentralized exchange (DEX). Uniswap v3, Uniswap v2, and BKEX are a few available options.
All you need to do is connect your HDRN-compatible Web3 wallet, have sufficient funds for the trade, and conduct a transaction.
Another option is to use the Uniswap widget on Hedron’s official webpage. Go to their homepage, scroll down, connect your wallet, and swap HDRN:
Hedron Crypto Price Prediction
The HDRN token is currently trading at $0.000003 and has a total market cap of $111,426,450. HDRN has an all-time high of $0.000007 and a low of $0.00000018.
During the last bull market, the average quality altcoin performance was 50x-70x. Some coins even increased 100x or even 1000x!
Will we see similar gains with Hedron?
Time will tell!
So, are you looking to monitor Hedron and the HDRN token further? If this is the case, you’ll need to use Moralis Money. Moralis Money is a completely free token explorer, and with this tool, you can effortlessly find tokens before they pump based on unbiased, on-chain data. You can also use this information to make your own Hedron crypto price prediction.
For instance, with Moralis Money, we can see that the HDRN token has gotten a substantial amount of new holders and buyers in the past month:
Odds are, most won’t discover this project without Moralis Money and its unique filter options. So, if you want to make the most of the upcoming bull market, be sure to check out the Moralis Money Pro plan.
With the Moralis Money Pro plan, you can get real-time updates to capitalize on these opportunities. The Pro plan allows you to narrow down your searches with shorter timeframes. Base your crypto prediction on weekly, daily, and even hourly market data.
Subscribing to the Moralis Money Pro plan allows you to track Hedron in real-time. This enables you to understand when a hot crypto like HDRN is about to pump, and you’ll get market alpha to make even more accurate Hedron crypto price predictions.
If you’re eager to know more about how Moralis Money works, you can jump straight into the ”Find the Next Hedron Crypto Using Moralis Money” section.
Is Hedron a Good Investment? – Hedron Crypto Price Prediction
Now, with a better understanding of Hedron and the HDRN token, you might ask yourself, is Hedron a good crypto investment? Well, that isn’t for us to say. It’s ultimately up to you and your investment strategy.
This is only an introduction to Hedron and the HDRN token. We advise you to explore the project’s details further if you’re truly interested in investing. In doing so, you can better understand how the project works under the hood. This will allow you to make a more informed decision based on your judgment and belief in Hedron.
You’ll also want to combine your own research with market data. This is a good strategy for understanding and anticipating what comes next for Hedron.
Here, your best option is to use irrefutable on-chain data. As such, instead of basing your own Hedron crypto price prediction on complex TA, you can simply use Moralis Money to see if HDRN is gaining momentum or not. At the moment, Hedron has been shooting up the Moralis Money charts for weeks, with over 2,000 new holders in the past month.
With Moralis Money, anyone can stay updated with the latest market data regarding Hedron and countless other cryptocurrencies.
Also, remember that Hedron is only one of many potentially profitable cryptos. So, don’t limit yourself to one option. After all, the most promising opportunities can often be found in undiscovered coins. So, use Moralis Money to find new crypto coins before everyone else!
Find the Next Hedron Crypto Using Moralis Money
Without the proper tools and systems, navigating the crypto space can be quite challenging. As such, before showing you how to find tokens like HDRN using Moralis Money, we’ll shed some light on three common crypto-investing challenges:
- Fear of Missing Out (FOMO) – FOMO generally leads to people making irrational decisions. As they fear missing an opportunity, they chase the hype and buy tokens at the top of their price rallies. Shortly after, the token price plummets, and they lose their investment.
- Scams – Scams are unfortunately common in the crypto world. Moreover, it is sometimes hard to distinguish genuine opportunities from dodgy-looking coins.
- Time & Resources – There are thousands of cryptocurrencies on the market; tracking them is a full-time job. The most promising opportunities come and go fast, and without sufficient time, traders miss them.
To combat these issues, our team of experienced traders built Moralis Money. So, let’s take a closer look at how Moralis Money helps you tackle these three challenges.
- Token Explorer – With Token Explorer, you don’t need to FOMO into buying a coin. Instead, you can use real-time, irrefutable, on-chain market data to find opportunities before everyone else.
- Token Shield – The Token Shield feature provides a security evaluation of each coin. This allows you to more easily distinguish real opportunities from scam coins.
- TokenAlerts – Set up real-time notifications with Token Alerts. With real-time alerts, you can capitalize on the next big crypto without staying stuck in front of your screen.
Now, let’s explore how to use these three features to make accurate crypto predictions!
Finding Coins Similar to HDRN with Token Explorer
With the Token Explorer feature, you can easily find the best cryptocurrency to invest in!
So, how does it work?
With Token Explorer, you can either use preset filters or create your very own custom search queries.
To try our premade filters, all you need to do is launch Moralis Money, scroll down, and select one of the filter options.
However, the real magic of Moralis Money is that you can create custom search queries to only target the unique coins you’re after. For instance, this is how you can find coins similar to HDRN.
Step 1: Start by adding the Security Score metric, select ”Greater than,” input ”80,” and select the ”DEXT Score” option:
By adding the Security Score metric, we can remove potential scam coins.
Step 2: Next, let’s also search for coins gaining traction. So, let’s first add the Holders metric to only get coins where holders have increased by at least 1000 in the past month. From there, we can also add the Buyers metric to also search for coins where buyers have increased by at least 100 in the past month:
Step 3: Add any additional metrics to make your search query even more narrow and specific.
In the list from the GIF above, you’ll find Hedron among the alternatives. Along with the HDRN token are some other coins with similar market data. For instance, BitDAO is another example. If you’d like to learn more about it, check out our guide on BitDAO.
Also, if you’re serious about becoming a crypto trader, you’ll need to consider subscribing to the Moralis Money Pro plan. With this plan, you get more specific timeframes for your filters (weekly, daily, and even hourly), can save more custom search queries, and much more!
Protect Yourself from Scams with Token Shield
When using Token Explorer, you can protect yourself from scams thanks to Token Shield. This feature provides a security evaluation of all coins. All you need to do is look for the shield symbols:
The number on each shield is the coin’s DEXT score. The DEXT score is an indication of the project’s confidence, and it is calculated based on social factors, liquidity, holders, etc. The highest score is 99, while the lowest is one.
For more information on how the score is calculated, click on one of the shield symbols, and you’ll land on the following page:
Get Notified with Token Alerts
The last Moralis Money feature is Token Alerts. When using Token Explorer and creating your custom search queries, you can easily save them with the click of a button:
Once you have saved a custom filter, you can use Token Alerts to set up email notifications. By creating a filter and setting up an alert, you’ll be notified whenever a coin emerges, matching the search query in question. In doing so, you’ll never again miss an opportunity, and you don’t even need to be full-time in crypto to do so.
So how does it work?
Well, simply go to your account and click on the bell button for any of your custom filters:
Note: Token Alerts hasn’t launched yet. However, the Moralis Money team works daily to make this feature available to the public.
Summary – Exploring Hedron Crypto, the HDRN token, and the Hedron Price Prediction
Hedron is a collection of smart contracts hosted on the PulseChain and Ethereum blockchains. Through Hedron, HEX stakers can mint and borrow HDRN tokens against their stakes. What’s more, it is also possible to encapsulate a HEX stake in a HIS contract. This makes it possible to tokenize the HEX stake, making it tradable between wallets.
Moralis Money is the easiest way to monitor the HDRN token and make a Hedron crypto price prediction. With Moralis Money, you can seamlessly access irrefutable, on-chain data. You can use this tool to easily find the top crypto to buy now.
Moralis Money has three core features: Token Explorer, Token Shield, and Token Alerts. With Token Explorer, you can combine filters to find what crypto to buy now. With Token Shield, you can protect yourself from scams like rug pulls. Lastly, with Token Alerts, you can set up email notifications to get alerts whenever a new opportunity emerges.
Also, if you want to leverage the full power of Moralis Money, you need to consider the Pro plan. With the Pro plan, you can save more custom filters, get more narrow timeframes (weekly, daily, and hourly), collect more Moralis Money beans, and much more.
So, if you want to get rich quick with crypto, don’t hesitate and immediately subscribe to the Moralis Money Pro plan!
