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HEMI is now around 0.0066u. Its all-time high was hit last September at 0.19u, and it’s down by more than 96%.
The project is building a layer-2 network. It aims to connect the two ecosystems of Bitcoin and Ethereum—not treating them as two separate circles, but as two parts of one big network. The core technology is to embed a full Bitcoin node into the Ethereum Virtual Machine (EVM), so developers can directly write smart contracts using Bitcoin data—enabling things like staking and lending that Bitcoin couldn’t originally do.
The founder is one of the early core developers of Bitcoin, and the team’s background isn’t bad.
In the past few days, the price action has been weak. It broke below the key support at 0.005u. After the Non-Farm Employment data came out, there was a short-lived rebound, but trading volume didn’t keep up, so the rebound strength was limited. Now, the market is watching the area around 0.0045u.
This coin ecosystem $HEMI
content has been expanding recently, with the number of creators increasing. That’s a mid-term highlight, but in the short term it’s still being pressured by tighter liquidity in the broader market and Bitcoin’s pullback. #Hemi$HEMI