The recent volatility of Humanity ($H ) isn't just about price rebounds; it's all about 'trust restoration' and 'risk reassessment' happening simultaneously.
After the North Korean hacker incident on June 8, which caused a loss of around $36 million, the freezing of tokens on the ETH chain provided a short-term boost in market confidence. However, the control issues on the BSC chain will continue to suppress long-term valuations. The current price is about $0.25817, with a 24-hour trading volume hitting $212 million, indicating that speculative funds are still active.
In the short term, we might see continued momentum driven by high-risk trades and emotional recovery, but in the medium to long term, it really depends on whether the team can fully address cross-chain asset security and governance transparency issues. When chasing pumps, be sure to manage your position sizes. #Humanity #crypto market
After the North Korean hacker incident on June 8, which caused a loss of around $36 million, the freezing of tokens on the ETH chain provided a short-term boost in market confidence. However, the control issues on the BSC chain will continue to suppress long-term valuations. The current price is about $0.25817, with a 24-hour trading volume hitting $212 million, indicating that speculative funds are still active.
In the short term, we might see continued momentum driven by high-risk trades and emotional recovery, but in the medium to long term, it really depends on whether the team can fully address cross-chain asset security and governance transparency issues. When chasing pumps, be sure to manage your position sizes. #Humanity #crypto market