Hemi Network Raises $15M: Can It Reach $1?
Hemi Network has just raised more than $$ 15 million, bringing its total funding to $$ 30 million, while preparing for the highly anticipated Token Generation Event (TGE).
The project positions itself as the largest programmability layer in the Bitcoin ecosystem, combining the security of the network with smart contract-like functionalities from Ethereum.
The investment round was led by YZi Labs (formerly Binance Labs), Republic Digital, and HyperChain Capital, along with names like Breyer Capital, Big Brain Holdings, Crypto.com, DNA Fund, Selini Capital, Protein Capital, Quantstamp, and Web3.com.
The capital will be directed towards expanding the ecosystem and accelerating network adoption.
Airdrop and Pre-TGE
As a warm-up for the launch, the team teamed up with Binance Alpha in a campaign that distributed 200 million tokens through multi-phase tasks.
In the first phase, 50 million were delivered to users with 61 or more Alpha points. The initiative reinforces community engagement on the eve of the official listing, scheduled in the roadmap for Q3 2025, likely in August.
Tokenomics and Projections
At launch, around 1.05 billion tokens will be in circulation out of a total of 10 billion.
The allocation includes 32% for the community and ecosystem, 28% for investors, 25% for the team, and 15% for the foundation. Analysts project that the token will debut close to $$ 0,05, potentially reaching between $$ 0,10 and $$ 0,15 in the first few days.
In the medium term, with solid adoption and staking incentives, the asset could reach $$ 0,50–0,75, and in an optimistic scenario, approach $$ 1 in up to four years.
