Recently followed a project, Humanity Protocol($H), and the data is indeed quite interesting.



At first glance, the market cap is still less than 400 million USD, but the fully diluted valuation has already surged to 1.6 billion, showing significant room for growth. More importantly, the trading volume has consistently stayed above 11% of the market cap, indicating active participation from funds rather than a quiet market.

Looking at the price level, $H is currently oscillating around 0.16 USD, rebounding from a historical low of 0.017 to nearly 10 times higher. However, it still has a considerable distance from the previous high of 0.388, so the upside potential remains valid. Plus, a major exchange recently launched its trading competition with a substantial prize pool, boosting the project's popularity. The long and short account ratios of big traders are one-sided, which is a detail worth paying attention to.

On-chain data has also been reviewed. Circulating supply is only 2.3 billion, with a total supply of 10 billion, and the release curve and market expectations are still unfolding. Short-term fluctuations are inevitable, but from the overall pattern, this position is worth continuous monitoring.
H-2.36%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
Add a comment
Add a comment
LIGE
· 01-12 01:10
Why has human verification changed the game in Web3?
In the world of decentralized applications, a fundamental problem has emerged: how to distinguish real users from bots and Sybil attacks while protecting everyone's privacy? Humanity Protocol addresses this challenge through the following methods:
View OriginalReply0