Humanity Protocol Rallies 423%, Is $0.20 Next?

The cryptocurrency market is on the path of producing a new shining star, the Humanity Protocol (H). Meanwhile, it has experienced a breathtaking increase of 428.59% and is currently valued at $0.1021. This newly launched coin is attracting the attention of investors as an upcoming participant in the world of decentralization and Web3.

With a 75.16% boost in its trading volume to 483.26 million in the past 24 hours. Whilst, the market capitalization currently stood at $186.46 million, an increase by 38.02% which indicates higher valuation.

Additionally, the circulating supply is currently at 1.82 billion tokens with a total and full supply is 10 billion tokens. The token is attracting not only the interest of investors but also catering the blockchain environment in the long-term context with Fully Diluted Value (FDV) just over $1.02 billion.

Humanity Protocol price chart, Source: CoinMarketCap

This further highlights increasing trading activity in the Humanity Protocol. With the number of tokens circulating in the market falling at 256.11% of the market cap, the current movement indicates intensified purchasing pressure over the past two weeks.

Market investors are now actively looking at H as a potentially sound investment as the altcoin season is just around the corner. The solutions offered by Humanity Protocol continue to attract more attention and as more people express interest in fair and inclusive blockchain initiatives, it may be a sign of much bigger things in the upcoming time.