$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 a slight correction to ~$0.1263 (according to the image you sent). This is a very strong and rare "breakout" in the recent DeFi market.
⚡ Why did HFT surge like this?
Here are the main reasons that may explain the breakout:
🔥 1. News or new listing (not widely announced yet)
Hashflow may be preparing to launch a major product or feature, or relating 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 important technical levels
The price level of $0.06 has been a strong resistance for many months.
When it was breached 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 money flow and whales getting involved
The vertical bullish candle with large volume indicates the involvement of significant money flow – possibly whales, hedge funds, or a short-term pump group.
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% over 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 the price level that has doubled; it is better to wait for a correction or clear trend confirmation.
