برچسب: Protocol

  • Humanity Protocol Faces Surge in Wallets, Exchange Listings, and T…

    Humanity Protocol Faces Surge in Wallets, Exchange Listings, and T…


    Humanity Protocol launched its $H token on June 25, triggering a wave of trading activity across top exchanges. Within 24 hours, $H soared from $0.045 to a peak of $0.1575—a gain of over 250%. After the surge, the token stabilized near $0.082.

    The listing on KuCoin marked a turning point. On launch day, the exchange opened the H/USDT trading pair, unlocking global liquidity. Other platforms—Bybit, Bitget, Gate.io, and MEXC—also added support. As a result, $H trading volume crossed $220 million on the first day.

    – Advertisement –

    Humanity Protocol Listing on KuCoinSource: KuCoin on X (@kucoincom)
    Humanity Protocol Listing on KuCoin. Source: KuCoin on X (@kucoincom)

    Humanity Protocol AirDrop Brings Over 9 Million Wallets

    The Fairdrop campaign helped onboard over 9 million wallets. Users were required to scan their palms to claim free $H tokens. This palm-scan verification system acts as Humanity Protocol’s core feature, positioning the project as a privacy-first alternative to Worldcoin’s iris-scanning model.

    Search data confirms the scale of interest. Phrases like “Human Protocol airdrop listing date” and “Human Protocol invitation code” spiked on Google as users tried to learn more about the project and how to claim tokens.

    The airdrop created fast adoption but also led to short-term sell pressure. Many users who received tokens sold them immediately after launch. This activity added volatility to $H’s early price movements.

    – Advertisement –

    Jump Trading Plays Active Role in Token Circulation

    Blockchain tracker Lookonchain reported that a wallet ending in 0x859e, linked to Jump Trading, deposited 35 million $H to exchanges shortly before the token peaked. On launch day alone, Jump received 25 million tokens. Hours later, 8 million were already transferred to trading platforms.

    Jump Trading Moves 35M $H to ExchangesSource: Lookonchain on X (@lookonchain)
    Jump Trading Moves 35M $H to Exchanges. Source: Lookonchain on X (@lookonchain)

    Jump Trading is not just a holder—it is also a market maker for Humanity Protocol. The firm’s activity suggests institutional involvement in managing token liquidity. However, its deposits raised concerns about potential sell pressure. Large transfers to exchanges often indicate plans to sell or support order books.

    Humanity Protocol Offers Palm-Scan ID System for Web3

    Humanity Protocol is building a decentralized ID graph based on palm biometrics. The system aims to verify real humans without invading privacy. It uses zero-knowledge proofs to verify palm scans while protecting user data.

    Humanity Protocol Identity Graph VisionSource: Humanity Protocol on X (@Humanityprot)
    Humanity Protocol Identity Graph Vision. Source: Humanity Protocol on X (@Humanityprot)

    The team behind the protocol says the technology can help prevent Sybil attacks and power use cases like secure voting and smart city systems. In a recent series of posts on X (formerly Twitter), the team emphasized that $H is not just another meme token. They said the project is built for long-term infrastructure in the AI and Web3 era.

    Strong Launch Draws Both Adoption and Criticism

    Since its launch, Humanity Protocol has gained massive attention. Over 9 million wallets have joined. Multiple top exchanges have listed $H. Trading volumes remain high. Institutional players like Jump Trading are involved.

    But the project also faces challenges. The airdrop attracted profit-taking. Some wallets moved large amounts of $H to exchanges. Market watchers remain split on whether $H will keep rising or cool off in the near term.

    As the protocol continues to expand, its next moves will likely determine whether $H keeps momentum or faces pressure from early profit-seekers.

    Humanity Protocol Holds Gains After Listing Rally

    Humanity Protocol’s token, H/ USDT, surged over 350% after launching on major exchanges like KuCoin, Bybit, and Bitget. The price climbed from $0.018 to nearly $0.09 between June 28 and July 2. This breakout followed growing interest from airdrop participants and a surge in trading volume. Since peaking near $0.090, $H has pulled back slightly and now trades around $0.080, entering a sideways consolidation phase.

    Humanity Protocol ($H) 1-Hour Price Chart with EMA and RSISource: TradingView.com
    Humanity Protocol ($H) 1-Hour Price Chart with EMA and RSI. Source: TradingView.com

    The 1-hour chart shows that $H remains above its 50-period EMA, currently at $0.0618. This indicator confirms short-term bullish momentum. The breakout on June 29 triggered rapid gains, followed by a pause in upward movement. Buyers still control the trend as long as the price stays above $0.075.

    Meanwhile, the Relative Strength Index (RSI) hit 70.89 during the rally, signaling overbought conditions. It has since cooled to 57.68, showing reduced momentum but no signs of reversal. This RSI position keeps $H in a neutral zone while allowing room for a fresh push if buying resumes.

    Now, the market is watching two key levels. The $0.072–$0.075 area serves as immediate support. Resistance stands at $0.088–$0.090. A break above could reignite the rally, while a dip below support may lead to a test of the 50 EMA. For now, $H holds firm, with both trend and technicals still favoring the bulls.

    Humanity Protocol Momentum Slows as MACD Flashes Bearish Signal

    Humanity Protocol’s recent surge is showing signs of exhaustion. According to the MACD chart on the 1-hour timeframe, momentum has shifted downward following a strong rally earlier in the week. After the MACD line climbed above the signal line on June 29, bullish sentiment drove the price sharply higher. However, that trend has now reversed.

    Humanity Protocol ($H) 1-Hour MACD IndicatorSource: TradingView.com
    Humanity Protocol ($H) 1-Hour MACD Indicator. Source: TradingView.com

    On July 1, the MACD line began curving downward and crossed below the signal line. This bearish crossover marks a clear change in direction. Momentum, which had been building with increasing green histogram bars, has faded. As of July 2, the MACD histogram has turned red, with values dipping below zero. The indicator now shows a weakening trend as both lines converge.

    The crossover confirms that Humanity Protocol’s bullish run has paused. The histogram’s negative values highlight that sellers are gaining ground. Even though the price remains above key support, the loss of upward momentum suggests traders are locking in profits or hesitating to buy at recent highs.

    The shift comes after a steep rally that saw the token climb from under $0.035 to nearly $0.09. Now, the MACD reflects a cooling period. If this continues, price action may consolidate or dip unless buying pressure returns quickly. As both the MACD and signal lines hover near the neutral zone, the market now waits to see whether momentum recovers—or slips further into correction territory.



    Source link