WET (Humidifi) increased by 15.89% in the past 24 hours

Gate News Bot Message, December 19th, according to CoinMarketCap data, as of press time, WET (Humidifi) is currently priced at $0.24, up 15.89% in the past 24 hours, with a high of $0.30 and a low of $0.17. The current market capitalization is approximately $54.9 million.

HumidiFi is an on-chain trading competition platform based on the Solana ecosystem. It tracks user trading performance through a leaderboard mechanism, uses achievement badges (such as whale, shark, fish, etc.) to rate traders, and provides users with a gamified trading experience and community competition environment.

Recent important news about WET:

1️⃣ Token Restart Mechanism Restores Market Confidence After experiencing manipulation events during its initial launch, HumidiFi announced a complete restart in collaboration with Jupiter. The restart introduced multiple anti-bot mechanisms, including authorized signature verification, increased compute units, and disabled rollback protection, effectively preventing interference from bulk automated trading tools. The public sale after the restart attracted over 60,000 visitors, with 80% being real users, and suspicious addresses accounting for only about 5%. These measures significantly boosted community trust and laid a solid foundation for the token’s performance in the secondary market, greatly increasing investor confidence in the project’s long-term prospects.

2️⃣ Gate’s Full-Chain Ecosystem Deployment Releases Trading Demand WET has achieved full coverage from spot to derivatives trading on the Gate platform. On December 9th, Gate launched WET on its instant swap platform, supporting one-click exchange of over 2,200 cryptocurrencies; on the same day, WET perpetual contracts were launched for live trading, supporting 1-20x leverage, along with integrated features such as unified account lending, isolated margin trading, and coin savings financial products. These initiatives greatly enhanced WET’s trading depth and user engagement within the platform, providing investors with a variety of trading and wealth management options, and becoming a key support for the ongoing price increase.

3️⃣ Primary Market Premium and Liquidity Incentives Resonance As the first project on Jupiter DTF platform, WET’s public sale was priced at $0.069, with an opening quote of $0.108, achieving a 57% premium. Driven by market enthusiasm, it continued to rise to $0.25, an increase of over 260% compared to the public sale price. Meanwhile, the LP pool yield on the decentralized liquidity protocol for WET surpassed 5354%, fully incentivizing liquidity providers and helping to deepen trading pairs, maintain market heat, and create a virtuous cycle.

This message is not investment advice. Investors should be aware of market volatility risks.