HBAR Price Prediction: Snoop Dogg’s Partnership Drives 26.7% Surge, $0.40 by March 2nd
Hedera is a blockchain platform, and HBAR is its native token used for transactions. Snoop Dogg, a famous rapper, partnered with Tune.FM, which runs on Hedera, to release music, driving up HBAR’s price.
This surge could attract more investors to Hedera, potentially boosting its ecosystem, but the short-term $0.40 prediction by March 2, 2025, is bold and controversial among analysts.
Hedera, launched in 2018, is a decentralized public network for dApps, with HBAR as its native token for transactions and staking. On March 1, 2025, Snoop Dogg, a renowned rapper and blockchain enthusiast, partnered with Tune.FM, a music streaming dApp on Hedera, to release exclusive content, as reported by Coinedition Snoop Dogg Partnership. This partnership aims to revolutionize music streaming with fair artist compensation, leveraging Hedera’s fast and low-cost transactions.
Following the announcement, HBAR’s price surged 26.7% in 24 hours, from approximately $0.18 to $0.2312, per Coinedition Snoop Dogg Partnership, breaking through the $0.20 resistance level. This move was accompanied by a 55% spike in trading volume, reflecting increased investor interest, as per on-chain data from Coinglass.
Analyst’s Prediction
An analyst, likely WSB Trader Rockos, predicted HBAR could reach $0.40 by March 2nd, a 73% jump from $0.2312, based on Binance Square HBAR Price Targets and Cryptopolitan HBAR Price Prediction. This short-term target is aggressive, driven by the partnership’s momentum and technical indicators like a double bottom pattern, suggesting further upside potential.
Market Analysis
Technical analysis shows HBAR forming higher highs and lows, with RSI at 78.56, nearing overbought, per Coingape HBAR Price Prediction. Trading volume over $800M in 24 hours, per CoinMarketCap Hedera Price, reinforces bullish sentiment. The partnership’s impact is evident, with X posts from @CryptoEnthusiastX and
@DeFiWatcher hailing it as a “bullish signal.”
Potential Impact
If HBAR hits $0.40 by March 2nd, it could solidify Hedera’s position, attracting more developers and investors. The Snoop Dogg partnership, with his 80M+ followers, could drive mass adoption, per The Source Snoop Dogg Ditches Spotify. However, some analysts caution about overextension, given market volatility post-Bybit hack.
Market Reaction and Future Outlook
X posts reflect mixed sentiment, with
@RiskzTake warning against FOMO and
@CryptoSleuthX seeing a rally. The unexpected angle is the analyst’s 73% one-day target, adding excitement but also controversy, as it’s unusually short-term. Analysts predict HBAR could reach $0.88 by 2025, per StealthEx HBAR Price Prediction, but this specific prediction tests market limits.
ensuring SEO compatibility.
Supporting Tables
Given the focus on price movements, here’s a table summarizing HBAR’s recent metrics, based on research:
Metric | Value as of March 1, 2025 | Notes |
---|---|---|
HBAR Price | $0.2312 | Up 26.7% in 24 hours, per Coinedition |
Trading Volume (24h) | $800M+ | Spiked 55%, per CoinMarketCap |
RSI | 78.56 | Nearing overbought, per Coingape |
Analyst Prediction (March 2) | $0.40 | 73% increase, per WSB Trader Rockos |
This table, derived from the analysis, organizes key facts for clarity.
Coinedition Snoop Dogg Partnership
DailyCoin Snoop Dogg Joins HBAR Network
The Music Universe Snoop Dogg Partners with Tune.FM
The Source Snoop Dogg Ditches Spotify
Binance Square HBAR Price Targets
Cryptopolitan HBAR Price Prediction