HEMI (Hemi) has pumped 21.70% in the last 24 hours.

Gate News Bot news, on September 17, according to CoinMarketCap, as of the time of writing, HEMI (Hemi) is currently priced at $0.06, with a 21.70% pump in the last 24 hours, reaching a high of $0.07 and a low of $0.04. The current market capitalization is approximately $60.1 million, an increase of $1.07 million compared to yesterday, currently ranking 531st in the global Crypto Assets market capitalization.

Hemi is a blockchain project focused on the programmability of Bitcoin, aiming to become the largest Bitcoin programmability layer in the world. Hemi achieves a combination of Bitcoin-level security and Ethereum's flexibility through its proprietary Proof-of-Proof (PoP) consensus mechanism. The core of the project is the Hemi virtual machine (hVM), which encapsulates a full Bitcoin node within the Ethereum virtual machine (EVM), enabling developers to create applications that directly interact with Bitcoin data.

HEMI recent important news:

1️⃣ Successfully raised $15 million to prepare for token issuance Hemi Labs has completed a $15 million funding round, which will be used to expand its Bitcoin programmability layer. This round of financing demonstrates investors' confidence in the Hemi project and lays a solid foundation for the upcoming token issuance.

2️⃣ Bitcoin programmability layer technology innovation gains attention Hemi has successfully achieved a combination of Bitcoin-level security and Ethereum flexibility through its unique Proof-of-Proof (PoP) consensus mechanism and Hemi virtual machine (hVM) technology. This innovative solution has attracted widespread attention within the industry and is expected to drive further development of the Bitcoin ecosystem.

3️⃣ Token issuance is imminent, market expectations are rising With the completion of financing and the advancement of technological innovation, the issuance of Hemi tokens has entered the countdown stage. The market holds a positive expectation for the future performance of HEMI tokens, which may be one of the main drivers of the recent price rise.

From a technical perspective, the HEMI price has broken through previous resistance levels, showing strong upward momentum in the short term. However, considering the high volatility of the Crypto Assets market, investors should remain cautious about potential pullback risks.

This message is not investment advice; investors should pay attention to market volatility risks.