$HFT (Hashflow) just experienced a shocking surge of nearly +80% in just 24 hours, pushing the price from around ~$0.0681 to a peak of $0.1540 before slightly adjusting to ~$0.1263 (according to the image you sent). This is a very strong and rare "breakout" in the recent DeFi market.
⚡ Why has HFT surged so strongly?
Below are the main reasons that may explain the breakout:
🔥 1. News or new listing (not widely announced)
Hashflow may be preparing to launch a major product or feature, or related to a listing on another top exchange.
Some communities are speculating that HFT will participate in layer 2 or integrate with major wallet partners.
📈 2. Breaking through important technical resistance
The price level of $0.06 had been a strong resistance for many months.
When penetrated with a spike in volume (805 million HFT in 24 hours), a series of bots and technical traders "chased" – pushing the price up sharply.
🐋 3. Speculative capital and whales entering the market
The steep upward candle along with high volume indicates the participation of large capital – possibly whales, hedge funds, or short-term pump groups.
The funding rate and Long orders spiking indicate that FOMO sentiment is spreading.
⛔️ Risk warning
Despite the strong increase, HFT has previously dropped nearly 40% in the past year. This could be a short-term bull trap if there is no official news backing it.
It is recommended not to FOMO at a price that has doubled, and to wait for a correction or clear trend confirmation.
