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Humanity token soars 40% amidst market slump!

Humanity token soars 40% amidst market slump!

Date: 2025-07-04 19:53:37 | By Theodore Vance

Humanity Token Soars 40% Amid Crypto Market Downturn

Hold onto your hats, folks! The Humanity token (H) is absolutely crushing it, skyrocketing by a whopping 40% in the last 24 hours. This decentralized biometric and identity data platform is leading the charge among the top 500 coins by market cap.

While most altcoins are taking a nosedive thanks to Bitcoin's (BTC) slip from its $110k peak on Friday, Humanity is defying gravity!

BTC's losses came after a mind-blowing 80,000 Bitcoin transfer from wallets that had been gathering dust for over 14 years. This move sent Ethereum, XRP, and Solana scrambling to find support levels.

But Humanity? It's on fire! The token's price blasted off from a low of $0.072 to over $0.108. With a 74% spike in trading volume hitting $481 million, this cryptocurrency's weekly rally is now a jaw-dropping 400%!

What's Fueling Humanity's Epic Surge?

Buckle up, because several catalysts are propelling H to new heights today!

First off, Humanity just launched trading pairs against the Korean won. South Korea's Bithumb exchange added the H/KRW pair on Thursday, and the token's been rocketing ever since. Listings on Korean exchanges often trigger massive retail demand, and this time is no different.

The H/KRW pair has already raked in over $46 million in 24-hour volume on Bithumb, rivaling some platforms' Tether (USDT) pair volumes.

Humanity's token hit the scene in June and has been riding high on market activity from listings on top exchanges like Bybit, MEXC, Bitget, and Crypto.com Exchange.

And get this – H isn't just for spot trading. You can also get in on the action with perpetual futures.

Oh, and did I mention? Humanity just secured a massive $20 million funding round at a $1.1 billion valuation back in January 2025. Pantera Capital and Jump Crypto led the charge, with the blockchain project teaming up with companies like Kaito and Nasdaq-listed Prenetics. They're using that cash to supercharge their decentralized identity solution.

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