Humanity Token Soars 40% Against All Odds—Defying Crypto Winter’s Chill
While the broader market bleeds, one altcoin laughs in the face of gravity.
The outlier play: Humanity Token's 40% surge this week isn't just a fluke—it's a middle finger to bearish sentiment. No VC backing, no 'institutional adoption' narrative. Just pure, unfiltered retail defiance.
Why it stings: Traders who shorted 'dead projects' got rekt as this zombie chain pumped harder than a Wall Street IPO. The irony? This rally happened while Bitcoin ETFs saw record outflows. Sometimes the market's just a performance art piece.
The cynical take: Maybe the SEC should investigate how anything in crypto gains value without a 300-page prospectus. Or just admit they've been outplayed by a meme with a whitepaper.
Why did Humanity token jump today?
Several catalysts are likely driving H price higher today.
One key driver is the launch of Humanity trading pairs against the Korean won, with South Korea-based crypto exchange Bithumb adding the H/KRW pair on Thursday. The token has surged following this listing, largely due to the significant retail demand that often accompanies listings on Korean exchanges.
$H is coming to @BithumbOfficial later today! 🖐️ https://t.co/fPCikbPoT1
— Humanity Protocol 「 🖐️ ✦ 🇺🇳 」 (@Humanityprot) July 3, 2025Market data shows the H/KRW pair had seen over $46 million in 24-hour volume on Bithumb – volumes that are comparable to those recorded on some of the platforms offering Tether (USDT) pairs.
Humanity launched its token in June and has benefited from market activity around its listing on top exchanges such as Bybit, MEXC, Bitget and Cypto.com Exchange.
Other than spot trading, H is also available for perpetual futures.
Humanity secured a $20 million funding round at a $1.1 billion valuation in January 2025. The round was led by Pantera Capital and Jump Crypto. The blockchain project, which has formed partnerships with companies including Kaito and Nasdaq-listed Prenetics, stated the funds WOULD be used to advance its decentralized identity solution.