WET (Humidifi) 24 hours down 13.47%

Gate News Bot message, December 11th, according to CoinMarketCap data, as of press time, WET (Humidifi) is currently priced at $0.22, down 13.47% in the past 24 hours, with a high of $0.34 and a low of $0.11. The 24-hour trading volume reached $223 million. The current market cap is approximately $50.4 million, down $7.85 million from yesterday.

HumidiFi is a trading ranking platform based on the Solana blockchain, providing users with real-time trading volume rankings, achievement systems, and trading data display features. The platform builds a transparent trading ecosystem for ecosystem participants through Litepaper and Tokenomics mechanisms.

Important recent news about WET:

1️⃣ Token restart mechanism successfully rebuilds market confidence After manipulation events during the token issuance phase, HumidiFi and Jupiter announced a full restart. During the restart, the team introduced multiple anti-bot mechanisms such as authorized signature verification, increased compute units, and disabling rollback protection, effectively preventing bulk automated order tools. The public sale after the restart attracted over 60,000 visitors, of which 80% were genuine users, with suspicious addresses accounting for only about 5%. These measures significantly enhanced community trust and laid a foundation for subsequent secondary market performance.

2️⃣ Gate’s full-chain ecosystem layout drives liquidity release WET has achieved complete coverage from spot to derivatives on the Gate platform. On December 9th, Gate launched WET on its instant exchange platform, supporting one-click exchange of over 2200 cryptocurrencies. On the same day, WET perpetual contracts were launched for spot trading, supporting 1-20x leverage, along with derivative features such as unified account lending, isolated margin trading, and crypto savings. These measures greatly improved WET’s trading depth and user engagement on the platform, becoming key support for price appreciation.

3️⃣ Jupiter’s first project identity and secondary market premium As Jupiter DTF platform’s first project, WET benefits from the platform’s initial user base and market attention. The public sale price was $0.069 per token, with an opening price of $0.108, achieving a 57% premium. The price continued to rise to $0.24, increasing over 240% from the public sale price. This sustained premium from primary to secondary markets reflects strong investor confidence in the project’s prospects. Meanwhile, the LP pool yield on the decentralized liquidity protocol for WET once exceeded 5354%, greatly incentivizing liquidity providers and supporting trading pair depth.

This message is not investment advice. Please be aware of market volatility risks.