HEMI (Hemi) 24-hour pump 19.10%

Gate News Bot News, on October 09, according to CoinMarketCap, as of press time, HEMI (Hemi) is now trading at $0.10, up 19.10% in 24 hours, reaching a high of $0.11 and a low of $0.09. The current market capitalization is about $102 million, an increase of $16.4 million from yesterday.

Hemi is a blockchain project focused on the programmability of Bitcoin. It encapsulates Bitcoin nodes within the Ethereum Virtual Machine (EVM), achieving a combination of Bitcoin's security and Ethereum's flexibility. Hemi realizes Bitcoin-level security through its proprietary Proof-of-Proof (PoP) consensus mechanism while maintaining the speed and flexibility of a second-layer network. The project aims to provide developers with tools to unleash the true financial (BTCFi) potential of Bitcoin, including achieving real yields, creating lending platforms, and powering financial applications.

HEMI recent important news:

1️⃣ Hemi Labs completes $15 million financing Hemi Labs completed a $15 million financing before its token issuance. This funding will be used to expand the programmability of Bitcoin, providing developers with more tools to unlock the potential of Bitcoin finance (BTCFi). This round of financing demonstrates investor confidence in the Hemi project and is expected to drive further development of its ecosystem.

2️⃣ Mainnet officially launched, unifying Bitcoin and Ethereum The Hemi network officially launched its mainnet worth $440 million on March 12, 2025. This milestone event marks Hemi's successful unification of Bitcoin and Ethereum, providing developers with a powerful platform to fully leverage Bitcoin's security and Ethereum's flexibility.

3️⃣ The innovative Proof-of-Proof consensus mechanism has garnered attention Hemi's proprietary Proof-of-Proof (PoP) consensus mechanism has become the focus of the market. This mechanism achieves Bitcoin-level security while maintaining the speed and flexibility of a second-layer network, providing new ideas for solving the scalability issues of blockchain.

Hemi's technological innovations and recent financing successes may be the main factors driving its price rise. With the stable operation of the mainnet and the continuous expansion of the ecosystem, the market maintains an optimistic attitude towards HEMI's long-term development prospects. However, investors still need to closely monitor the project's actual implementation and the overall market trends.

This message is not to be taken as investment advice; investors should be aware of market volatility risks.