HFT Token Surges 88% Amid Record Trading Volumes and Bullish Momentum Driven by High-Frequency Strategies
Hashflow (HFTUSDT) experienced a significant price increase of 88.18% in the past 24 hours, rising from 0.0702 to 0.1321 USDT, according to Binance data. This sharp movement is supported by exceptionally high trading volumes, with over 179 million HFT traded on spot markets and 839 million HFT on futures, indicating heightened market activity and liquidity. Technical indicators show strong bullish momentum, with an RSI(6) of 96.48 and a positive MACD, reflecting intense buying pressure. The price surge can be attributed to increased interest in high-frequency trading strategies in the crypto sector, as highlighted by recent news of substantial profits achieved through maker volume strategies and a general focus on HFT infrastructure and liquidity provision. Additionally, Hashflow’s RFQ pricing model, which offers low gas fees and no slippage, continues to attract traders seeking efficient execution in volatile conditions. Despite a slightly bearish trend in the broader crypto market, HFT’s robust trading activity and positive sentiment have driven its outperformance in the current session.