Human Protocol spikes over 175% as Ski Mask Dog rallies 129%
The post Human Protocol spikes over 175% as Ski Mask Dog rallies 129% appeared on BitcoinEthereumNews.com.
Human Protocol token is getting extra love from crypto traders, as is the Camila Cabello-backed meme coin, Ski Mask Dog. Human Protocol (HMT) token jumped 175% in value at last check Saturday, as it continues to gain traction in the market while also addressing both identity verification challenges and data privacy concerns. See below. Source: CoinGecko Humanity Protocol’s $1 billion valuation Humanity Protocol, a blockchain-based project, reached unicorn status in May, boasting a $1 billion valuation. This milestone came after it secured $30 million in a seed round led by Kingsway Capital. Among its investors are Animoca Brands, Blockchain.com, Hashed and Shima Capital. According to a Medium post by Humanity Protocol, the funds helped expand the team and develop products ahead of the public testnet launch in the second half of 2024. 🚀Big news alert! 🚀Our founder Terence just took the spotlight in Bloomberg @business, unveiling our latest round of funding! 🌟 We’ve become crypto’s new digital identity unicorn! 🦄 Check out the full story on our $30M raise at a $1B valuation: https://t.co/soy6PqZoFB… — Humanity Protocol 🖐️ (@Humanityprot) May 15, 2024 The latest funding round came only months after Humanity Protocol received strategic investment to build the “human layer” for web3. Several VC funds and individuals, including Polygon founder Sandeep Nailwal and Animoca Brands co-founder Yat Siu, joined the effort. Ski Mask Dog Ski Mask Dog (SKI) also saw increased traffic on Saturday, Nov. 30. See the chart below. Source: CoinGecko Ski Dog Mask was built on Base, a Layer 2 blockchain by Coinbase. It has since gained attention for its community-driven approach, touting over $8 million in volume over 24 hours. Reportedly abandoned by its developer, SKI was revived by its enthusiastic community, leading to an impressive surge in value and popularity. The coin has shown resilience during…
Filed under: News - @ November 30, 2024 4:20 pm