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HOPR Crypto Shoots Up 54%: But What is PrivFi HOPR DAO?

By Dalmas Ngetich

Last Updated: Jul 23, 2024

Fact checked

By Sam Cooling

What is HOPR Crypto? HOPR DAO is rallying, up 54% in 24 hours as trading volume spikes by 18X. But what's behind the latest PrivFi skyrocket?

What is HOPR Crypto? HOPR DAO is rallying, up 54% in 24 hours as trading volume spikes by 18X. But what’s behind the latest PrivFi skyrocket?

Interestingly, top altcoins are cooling off from last week’s highs despite bullish sentiment and the markets expecting more gains.

Looking at the formation in the daily chart, it is clear that Ethereum, for instance, is struggling. Bitcoin, on the other hand, is also retracing and inching closer to $66,000.

HOPR DAO Gains 54% In 24 Hours

However, this is not the case across the crypto scene.

Looking at coin trackers, HOPR, the native token of Hopr, a platform building a decentralized private internet protocol, is ripping higher, outperforming top altcoins.

HOPR is rallying, up 54% in 24 hours as trading volume spikes by 18X. Meanwhile, the ongoing 99Bitcoins presale has raised over $2.5 million

(CMC)

At press time, HOPR was up 54% in 24 hours. The uptick in trading volume, up 18X in the past day, backs this uptick.

The surge in trading volume and price gains mean HOPR is bottoming up after plunging by over 80% from March highs.

HOPR is rallying, up 54% in 24 hours as trading volume spikes by 18X. Meanwhile, the ongoing 99Bitcoins presale has raised over $2.5 million

(HOPRUSDT)

Looking at the events in the daily chart, it is clear that bulls are in control. After the gains of July 22, today’s follow-through means there could be more room for growth in the sessions ahead.

What is HOPR Crypto: Here’s How HOPR Is Building A Private Internet

While approval of spot Ethereum ETFs by the United States SEC could explain the excitement across the ecosystem, HOPR is rallying due to its core mission of ensuring the internet remains private.

In a PrivFi lense, Hopr developers observe that the modern internet is notorious for data harvesting practices. Through metadata, authorities can track users across multiple domains and devices.

This, in turn, raises privacy concerns since it enables authorities and rogue entities to construct detailed user profiles without expressly needing their content.

 

To counter this, Hopr is creating a decentralized private internet (a PrivFi expansion), tapping into the obfuscating features of a mixnet to prevent data harvesting.

They recently partnered with Gnosis DAO to develop a special Gnosis VPN built on the Hopr mixnet.

99Bitcoins To Disrupt Crypto Education, Presale Raises Over $2.4 Million

As HOPR crypto rips higher and bottoms up, investors are also training their eyes on 99Bitcoins, a potent project aiming to disrupt the education and investment sphere.

99Bitcoins is one of the first educational platforms launched in the early days of crypto.

 

They are now relaunching as a learn-to-earn platform and conducting a presale.

Looking at how the 99Bitcoins presale has been received, supporters are confident 99BTC is set for big gains in the coming months.

99BTC tokens are available for just $0.00114.

The platform has raised over $2.5 million.

Growth will be driven by the massive and vibrant 99Bitcoins community comprising over 700,000 followers on YouTube and roughly three million email subscribers.  

Users eager to learn more about crypto and blockchain will receive 99BTC rewards.

Before launching and distributing tokens for learners, 99BTC investors can choose to buy and stake.

As of July 23, staking rewards stand at over 685% APY, among the highest in the world.

BUY 99BTC HERE

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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

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Disclaimer

Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

Dalmas Ngetich
Dalmas Ngetich
Crypto Journalist

Dalmas is an experienced journalist with over a decade in crypto, technology, and blockchain. His work and that of his partners have been featured in top news outlets, including Forbes, investing.com, and Entrepreneur, among others. He is passionate about crypto... Read More

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