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HEMI is now around 0.0066u. Its all-time high hit 0.19u last September, down more than 96%.
This project is building a Layer 2 network. It wants to connect Bitcoin and the Ethereum ecosystem—treating them not as two separate circles, but as two parts of one big network. The core technology is to put a complete Bitcoin node inside the Ethereum Virtual Machine, so developers can directly write smart contracts using Bitcoin data, and do things like staking and lending that weren’t possible on Bitcoin originally.
The founder is one of the core developers in Bitcoin’s early days, and the team background isn’t bad.
Over the past few days, the trend has been weak. It broke below the key support at 0.005u. After the Non-Farm Employment data came out, there was a brief rebound, but volume didn’t keep up, and the rebound strength was limited. Now the market is watching the area around 0.0045u.
On the “$HEMI
” ecosystem content side, this coin has been expanding recently, with the number of creators increasing. This is a mid-term highlight, but in the short term it’s still being pressured by tightening overall market liquidity and the Bitcoin pullback.#Hemi$HEMI