Analyst Floats $6.76 HBAR Target in Ethereum Market Cap Comparison
Key Takeaways
- •The video places HBAR at roughly $0.07 to $0.08 during recording and says an Ethereum-sized valuation would imply about $6.76 per token.
- •Mufleh said HBAR could rise to $1, $2 or $3 in the next bull run and later projected a possible $5.60 to $10 range by 2030.
- •The “rich list” classifies holders from “worm” at one to 1,000 HBAR through “fish” at 50,000 HBAR, with higher categories also mentioned.
- •The argument centers on Hedera’s governing council and institutional connections, including references to State Street and BlackRock and their tokenization activity.
- •The article describes the “rich list” as a community benchmark rather than a measure of value or a reliable guide to price feasibility.
Ayman ‘AiMan’ Mufleh has published an HBAR “rich list” while arguing that the token could eventually approach Ethereum’s market capitalization. In his latest YouTube video, he said HBAR was trading at roughly $0.07 to $0.08 at the time of recording and suggested that matching Ethereum’s (ETH) valuation would imply a price of $6.76 per token, or about 89 times higher than current levels.
The argument frames Hedera not simply as a recovery trade from a bear market, but as a long-term large-cap blockchain contender. The host said HBAR could reach $1, $2 or $3 in the next bull run, and later suggested that a $5.60 to $10 range could be possible by 2030.
An HBAR “rich list” starts with a single token
The video’s main feature is a community-style ownership ranking. According to the host, holding between one and 1,000 HBAR places an investor in the “worm” category, while 5,000 HBAR qualifies as “shrimp” and 10,000 HBAR as “crab.”
The thresholds rise to 25,000 HBAR for an “octopus” and 50,000 HBAR for a “fish.” The speaker also mentioned dolphins, sharks, whales and “big whales,” although the transcript does not list all of their corresponding holding levels.
The host encouraged viewers who own Bitcoin, Ethereum , XRP or other cryptocurrencies to hold at least one HBAR. That statement is a promotional opinion rather than an investment recommendation supported by financial analysis in the video.
Ethereum comparison rests on governance and tokenization claims
The presenter’s case for a much higher HBAR valuation centers on Hedera’s governing council and institutional links. He described the council as one of the strongest in the industry and pointed to State Street and BlackRock as two major asset managers connected, directly or indirectly, to tokenization activity involving Hedera.
The video says State Street controls more than $10 trillion in assets and BlackRock more than $15 trillion, and claims both are involved in efforts to tokenize U.S. money-market funds through arrangements linked to Hedera.
The comparison to Ethereum is the centerpiece of the argument because it translates a broad network-valuation thesis into a concrete number, but that kind of exercise still depends on how supply, adoption, network activity and competition evolve over time. In practice, the “rich list” is more of a community framing device than a measure of value, since it says nothing about the timing or feasibility of the prices being discussed.
The “rich list” may serve as a community benchmark, but it offers little guidance on risk, portfolio sizing or the likelihood of the host’s price projections.
