WET (Humidifi) rose 117.69% in 24 hours

Gate News Bot news, on December 10, according to CoinMarketCap market, as of press time, WET (Humidifi) is now trading at $0.24, up 117.69% in 24 hours, reaching a high of $0.25, falling back to $0.11, and a 24-hour trading volume of $191 million. The current market capitalization is about $56.1 million, an increase of $3.03 million from yesterday.

HumidiFi is a trading leaderboard platform based on the Solana chain, incentivizing user trading activities through a leaderboard mechanism and achievement system, providing DeFi users with transparent transaction data tracking and community engagement mechanisms. The platform features a rich system of achievement medals covering multiple levels of trader classifications, aiming to create an interactive trading community ecosystem.

WET Recent Important News:

1️⃣ Gate platform launches the entire chain to help release liquidity WET’s ecological layout on Gate has achieved complete coverage from spot to derivatives. On December 9, Gate launched WET on the flash exchange platform, supporting one-click exchange of more than 2,200 cryptocurrencies, providing users with convenient liquidity conversion channels. On the same day, Gate also launched WET perpetual contract real trading, supporting 1-20 times leverage, and supporting derivative functions such as unified account lending, isolated margin trading, and Yubibao wealth management. The launch of this series of measures has greatly increased the trading depth and user participation of WET on the platform, which has become an important support for this round of rise.

2️⃣ Token opening pricing and secondary market premium WET opened at $0.108 on December 9, a 57% premium to the $0.069 price in the public sale round, and then continued to rise sharply, driven by market enthusiasm. As of December 10, the price has risen to $0.24, an increase of more than 240% from the public price, showing strong market recognition of the project’s prospects. This continuous premium from the primary to the secondary market reflects the strong desire of investors.

3️⃣ Jupiter DFT Initial Project Identity and Liquidity Incentives As the first project of the Jupiter DTF platform, WET enjoys the initial user base and market attention of the platform. The project’s public sale allocated 10% of the token quota to Jupiter DFT platform participants, effectively attracting early user participation. At the same time, WET’s outstanding performance on decentralized liquidity protocols exceeded 5,354% in its LP pool yield, which fully stimulated the enthusiasm of liquidity providers to participate and helped build trading pairs in depth.

This news is not intended as investment advice, and investment should be aware of the risk of market fluctuations.