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About HOP

Hop is a multichain bridge connecting Ethereum with Layer-2 networks. Using Hop, users can send tokens almost instantly across networks instead of having to wait multiple days.There are two core pieces to the Hop protocol architecture that make this possible.A cross-network Hop bridge token that can be quickly and economically moved between L2's or claimed on layer-1 for its underlying asset.Automated Market Makers to swap between each Hop bridge token and its corresponding Canonical Token on each rollup in order to dynamically price liquidity and incentivize the rebalancing of liquidity across the network.

Hop Protocol (HOP) is a cryptocurrency launched in 2022. HOP has a current supply of 1.00Bn with 0 in circulation. The last known price of HOP is 0.019100419137 USD and is -0.001023835311 over the last 24 hours. It is currently trading on active market(s) with $92,252.09 traded over the last 24 hours. More information can be found at https://hop.exchange/.

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HOP Price Statistics
HOP’s Price Today
24h Price Change
-$0.0010238353115.09%
24h Volume
$92,252.095.87%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#10348
HOP Market Cap
Market Cap
$0
Fully Diluted Market Cap
$19.10M
HOP Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
HOP Supply
Circulating Supply
0
Total Supply
1.00Bn
Max Supply
1.00Bn
Updated Dec 11, 2024 4:43 am
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HOP
Hop Protocol
$0.019100419137
$0.001023835311(-5.09%)
Mkt Cap $0
There's nothing here for now
US Markets Steady Ahead Of Key Inflation Data Release
US Markets Steady Ahead Of Key Inflation Data Release
According to Blockworks, US equity markets remained stable on Tuesday as investors awaited crucial inflation data. The consumer price index (CPI) report for November is set to be released on Wednesday, followed by the producer price index (PPI) report on Thursday. Analysts expect the annual CPI figure for November to reach 2.7%, a slight increase from October. Core CPI, which excludes volatile food and energy prices, is anticipated to show a 3.3% annual rise and a 0.3% month-over-month increase. Housing costs will be closely watched after the shelter index rose by 0.4% in October. Other indexes that saw increases in October include used cars and trucks, medical care, and airline fares, with the latter seeing a significant rise due to higher fuel prices and increased demand ahead of holiday travel. The backdrop for this week's inflation data is a generally positive jobs report from last week. The economy added 227,000 jobs in November, surpassing the expected 202,000 and significantly higher than the revised 36,000 positions added in October. However, there were some concerning figures in the report. Hourly wages increased by 4% annually in November, slightly above expectations, and unemployment rose to 4.2% from 4.1% in October. Additionally, initial jobless claims showed an increase in continuing claims, reaching the highest level since November 2021. Despite these mixed signals, the Federal Reserve's futures markets are confident, with an 86% probability, that the Federal Open Market Committee (FOMC) will opt for a 25 basis point interest rate cut next week. This aligns with previous statements from Fed officials, and Chair Jerome Powell is known for avoiding market surprises. Looking ahead to 2025, the Fed's approach remains uncertain, with officials suggesting a slower pace of rate cuts. Governor Michelle Bowman, who previously dissented on a larger rate cut, emphasized the need for caution. Additionally, 2025 will see a new presidential term, potentially bringing changes in economic policies. Investors are advised to prepare for potential shifts in the economic landscape.
Dec 11, 2024 4:31 am

Frequently Asked Questions

  • What is the all-time high price of Hop Protocol (HOP)?

    The all-time high of HOP was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Hop Protocol (HOP) is 0. The current price of HOP is down 0% from its all-time high.

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  • How much Hop Protocol (HOP) is there in circulation?

    As of , there is currently 0 HOP in circulation. HOP has a maximum supply of 1.00Bn.

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  • What is the market cap of Hop Protocol (HOP)?

    The current market cap of HOP is 0. It is calculated by multiplying the current supply of HOP by its real-time market price of 0.019100419137.

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  • What is the all-time low price of Hop Protocol (HOP)?

    The all-time low of HOP was 0 , from which the coin is now up 0%. The all-time low price of Hop Protocol (HOP) is 0. The current price of HOP is up 0% from its all-time low.

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  • Is Hop Protocol (HOP) a good investment?

    Hop Protocol (HOP) has a market capitalization of $0 and is ranked #10348 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Hop Protocol (HOP) price trends and patterns to find the best time to purchase HOP.

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