The price of $HIFI has skyrocketed by ~100% in the past 3 days.
What is Hifi Finance( hifi)?
Why did HIFI pump?
Hifi Finance is a decentralized lending protocol on #Ethereum that allows to borrow against their crypto at a fixed interest rate.
HIFI is the native utility token of Hifi Finance and gives owners the ability to participate in Hifi governance.
Tokenomics
Total Supply: 126.25M $HIFI
MFT holders: 100M $HIFI(79.2%)
Hifi Labs: $25M $HIFI(19.8%)
Airdrop: 1.25M $HIFI(1%)
Currently, the total supply is 117.93M hifi and the circulating supply is 95M $HIFI.
We found that 70.39% of the trading volume came from the #Korean exchange #Upbit.
And the price on #Upbit is also 1.2% higher than #Binance.
The top 20 holders of $HIFI hold a total of 115M ($138M), accounting for 95.76% of the total supply.
According to Nansen, exchanges hold 85% of the HIFI total supply.
And #Upbit holds a total of 65.2M HIFI ($78M, 54.23% of the total supply).
Check details:
