Top of the Rise List: $HUMA Can the spot contract be held?
Huma is the Payfi network [quick cross-border and card payments through instant liquidity acquisition]. After the TGE on the 26th of last month, it was listed on multiple exchanges.
It is a typical "airdrop + first launch" trend!
A large number of tokens are unlocked, leading to significant selling pressure, so it's normal for the opening to fall back, especially with severe market fund diversion combined with airdrop sell-offs.
However, trading volume is very high, and market enthusiasm is still relatively strong. Recently, Circle has listed on exchanges, boosting sentiment in the stablecoin sector, and HUMA has also benefited from this.
This rebound seems to be driven by market sentiment; people are optimistic about the stablecoin track, which naturally leads to an influx of funds driving the price up. Therefore, short-term contracts mainly focus on buying on dips, with spot reference position: around 0.049.