Humanity Token Defies Crypto Slump
While the broad crypto market struggles with Bitcoin’s unexpected dip, one token is going against the trend: Humanity (H). The decentralized identity project saw its price jump 40% over the past 24 hours, leading performance among the largest 500 cryptos by market cap.
Bitcoin Drops on Idle Wallet Move
Bitcoin dropped 2.18%, drifting away from the $110,000 mark after a sleeping wallet moved 80,000 BTC—its first time in over 14 years. The move spooked investors, sending major altcoins like Ethereum, XRP, and Solana lower as well.
Humanity Token Explodes to $0.108
On the other hand, Humanity’s H token rose from $0.072 to over $0.108. Volume traded increased by 74% to more than $481 million. This after an amazing week for the token, which now sits more than 400% in a week higher.
Korean Listing Fuels Demand
One of the main motivators was listing Thursday H/KRW trading pairs on Bithumb, South Korea’s largest crypto exchange. Korean exchanges are marked by high retail trade, and Humanity is riding this volume.
According to market data, Bithumb’s H/KRW pair had over $46 million 24-hour volume—similar to large Tether pairs on other international exchanges.
Backed by Major Players
Launched in June, Humanity is already listed on primary exchanges such as Bybit, MEXC, Bitget, and Crypto.com Exchange. H is also tradable for perpetual futures.
In January 2025, the project raised $20 million at a $1.1 billion valuation in a round led by Pantera Capital and Jump Crypto. The funding backs its vision to create a decentralized biometric and identity verification platform.
What’s Next for Humanity?
With growing uptake and strong investor backing, Humanity is poised to be one of the players in the data and identity ownership market. The token’s resilience against market fluctuations suggest heightened focus on utility-driven crypto projects.
