HEMI (Hemi) 24-hour pump 16.63%

Gate News Bot message, on September 2nd, according to CoinMarketCap data, as of the time of writing, HEMI (Hemi) is currently priced at $0.03, with a rise of 16.63% in the last 24 hours, reaching a high of $0.03 and a low of $0.02. The current market capitalization is approximately $33.31 million, an increase of $4.72 million compared to yesterday.

Hemi is the world's largest programmable layer for Bitcoin, with a total locked value of over $1.2 billion, more than 90 protocols, and over 100,000 users. Hemi achieves Bitcoin-level finality through its proprietary Proof-of-Proof (PoP) consensus mechanism while maintaining the speed and flexibility of a second-layer network. The Hemi Virtual Machine (hVM) is a complete Bitcoin node encapsulated within the Ethereum Virtual Machine, providing developers with the capability to create applications that interact directly with Bitcoin data.

Important news about HEMI recently:

1️⃣ Hemi completed a $15 million financing to prepare for token launch Hemi Labs recently successfully completed a $15 million funding round, which will be used to expand its Bitcoin programmability layer. This funding demonstrates investor confidence in Hemi technology and lays the groundwork for the upcoming token release. This could be one of the important factors driving the short-term price rise of HEMI.

2️⃣ Hemi integrates HoudiniSwap to enhance data privacy and security The Hemi Network recently integrated HoudiniSwap, a move aimed at enhancing data privacy and security within the BTC financial (BTCFi) ecosystem. By introducing more robust privacy protection mechanisms, Hemi is expected to attract more users and developers with high security requirements, thereby promoting further development of the ecosystem.

3️⃣ MEXC announces the listing of HEMI trading pair The well-known trading platform MEXC announced the listing of the HEMI trading pair and launched a reward program with a total of up to 90,000 HEMI and 15,000 USDT. This news may bring new trading demand, increasing the liquidity and market exposure of HEMI, serving as another driving force for the short-term price rise.

From a technical perspective, the price of HEMI has broken through the previous resistance level, demonstrating strong upward momentum. However, investors still need to closely monitor changes in market sentiment and potential pullback risks.

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