In a shocking turn of events that has left experts scratching their heads and investors rejoicing, Humanity, a decentralized biometric and identity data platform, has defied the current market slump with a whopping 40% price surge in the last 24 hours 🤯. It’s like the token is saying, “Market downturn? What market downturn?” 😏
While most altcoins were busy taking a nosedive amid Bitcoin‘s slip from its lofty highs of $110k on Friday, Humanity’s native token was busy mooning, much to the delight of its holders 🚀. The token’s price surged from lows of $0.072 to above $0.108, leaving many to wonder what’s behind this sudden and unexpected rise 🤔.
It’s worth noting that Bitcoin’s losses came amid a massive 80,000 Bitcoin transfer by wallets that had stayed dormant for over 14 years, which is like the crypto equivalent of a zombie apocalypse 🧠. This led to Ethereum, XRP, and Solana, among other top digital assets, retreating to support levels 📉.
However, Humanity’s token was unfazed by the chaos, with its daily gains accompanied by a 74% spike in trading volume to over $481 million 📈. This extended the cryptocurrency’s weekly rally to over 400%, leaving many to wonder if this is the start of something big 🚀.
The Plot Thickens
So, what’s behind Humanity’s sudden and unexpected rise? 🤔 Well, it turns out that there are several catalysts at play here 🤝.
One key driver is the launch of Humanity trading pairs against the Korean won, with South Korea-based crypto exchange Bithumb adding the H/KRW pair on Thursday 📈. This listing has led to a surge in the token’s price, largely due to the significant retail demand that often accompanies listings on Korean exchanges 🛍️.
$H is coming to @BithumbOfficial later today! 🖐️
— Humanity Protocol 「 🖐️ ✦ 🇺🇳 」 (@Humanityprot) July 3, 2025
Market data shows that the H/KRW pair has seen over $46 million in 24-hour volume on Bithumb, which is comparable to those recorded on some of the platforms offering Tether (USDT) pairs 📊. This is a significant development, as it indicates a strong demand for the token in the Korean market 🌟.
Humanity launched its token in June and has benefited from market activity around its listing on top exchanges such as Bybit, MEXC, Bitget, and Cypto.com Exchange 📈. The token is also available for perpetual futures, which has added to its appeal 🤩.
In January 2025, Humanity secured a $20 million funding round at a $1.1 billion valuation, led by Pantera Capital and Jump Crypto 💸. The blockchain project has formed partnerships with companies including Kaito and Nasdaq-listed Prenetics, and has stated that the funds will be used to advance its decentralized identity solution 🔓.
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2025-07-04 22:57