HEMI (Hemi) has pumped 55.15% in the last 24 hours.

Gate News Bot news, on September 1st, according to CoinMarketCap data, as of the time of writing, HEMI (Hemi) is currently priced at 0.03 USD, with a 55.15% pump in the last 24 hours, reaching a high of 0.03 USD and a low of 0.02 USD. The current market capitalization is approximately 28.4 million USD, an increase of 10.1 million USD compared to yesterday.

Hemi is a blockchain project focused on the programmability of Bitcoin, aiming to become the largest Bitcoin programmability layer in the world. Hemi encapsulates Bitcoin nodes within the Ethereum Virtual Machine (EVM) through its proprietary virtual machine (hVM), achieving the integration of the Bitcoin and Ethereum ecosystems. The project currently has over 90 protocols built on it, with a total locked value (TVL) exceeding 1.2 billion dollars and over 100,000 users.

HEMI recent important news:

1️⃣ Successfully raised $15 million to prepare for the upcoming token Hemi Labs recently completed a $15 million financing round, which will be used to expand its Bitcoin programmability layer. This financing lays a solid foundation for the upcoming launch of the HEMI token, demonstrating investor confidence in the Hemi project and providing ample financial support for its future development.

2️⃣ Integration with HoudiniSwap to enhance data privacy and security for BTC-Fi Hemi has recently integrated with HoudiniSwap, aiming to improve data privacy and security in the Bitcoin financial (BTC-Fi) ecosystem. This initiative will help enhance user trust in the Hemi platform and may attract more users and developers who have high demands for privacy and security.

On the technical side, HEMI's price has seen a significant rise of over 55% in the past 24 hours, which may be closely related to the positive news mentioned above. However, investors should be aware that the cryptocurrency market is highly volatile, and after a sharp rise in the short term, there may be a risk of a pullback.

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