HIFI Token Jumps 32.87% After Binance ‘Learn & Earn’ Launch Amid Liquidity and Yield Shifts
HIFIUSDT experienced a significant 24-hour price increase of 32.87%, rising from 0.0998 to 0.1326 on Binance. This upward movement follows HIFI's inclusion in Binance's 'Learn & Earn' program, which likely drove new user interest and activity. However, the week also saw large holders selling 12 million HIFI tokens and a notable reduction in liquidity pool sizes, causing the bid-ask spread to widen from 0.5% to 3%. Additionally, the staking yield declined from 18% to 6%, prompting some users to reallocate funds to platforms offering higher returns. Despite these outflows and a medium-term downtrend, the recent surge in price and trading volume (approximately $10 million in 24h volume) reflects heightened short-term volatility and increased trading activity, with HIFI currently ranked #1110 by market cap and a circulating supply of 150 million tokens.