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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 0.02451647708 USD and is 0.000073262649 over the last 24 hours. It is currently trading on active market(s) with $97,499.58 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
+$0.0000732626490.30%
24h Volume
$97,499.5810.64%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#10292
HOP Market Cap
Market Cap
$0
Fully Diluted Market Cap
$24.52M
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 08, 2024 2:18 pm
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HOP
Hop Protocol
$0.02451647708
$0.000073262649(+0.30%)
Mkt Cap $0
There's nothing here for now
Industry insiders are concerned about the possibility of anti-crypto SEC Commissioner Caroline Crenshaw being re-elected and call on the SEC to make changes
Industry insiders are concerned about the possibility of anti-crypto SEC Commissioner Caroline Crenshaw being re-elected and call on the SEC to make changes
The U.S. Senate Banking Committee will vote on December 11 to re-nominate Caroline Crenshaw, a U.S. SEC commissioner and cryptocurrency skeptic, and several crypto industry executives have expressed disappointment at the possibility of her re-election. Crenshaw was one of two SEC commissioners who voted against approving a spot Bitcoin ETF in January. Coinbase President and COO Emilie Choi said: "Caroline Crenshaw is against cryptocurrency. She is even embarrassingly against Bitcoin ETFs. The SEC must make changes." Alexander Grieve, vice president of government affairs at crypto investment agency Paradigm, said that Crenshaw's departure would be "the last 'gift' for the cryptocurrency industry, and Senate Banking Committee Chairman Sherrod Brown is trying to force through the re-nomination of anti-cryptocurrency SEC Commissioner Caroline Crenshaw." Bloomberg ETF analyst James Seyffart said that Crenshaw is not only an "ally" of SEC Chairman and cryptocurrency skeptic Gary Gensler, but also more "strongly opposed to cryptocurrency" than Gensler himself. "Just read her letter of opposition to the approval of the Bitcoin ETF in January," Seyffart said, adding that another opposing SEC Commissioner, Jaime Lizárraga, "didn't even join the position she expressed in the letter." After the SEC approved the issuance of a spot Bitcoin ETF in the United States on January 10, Crenshaw, who was sworn in as an SEC commissioner in August 2020, said the SEC's move to approve the ETF was "unreasonable and unhistorical." Austin Campbell, CEO of digital payment company WSPN, said he wanted to "remind all Democrats that Caroline Crenshaw voted that the SEC should defy the order of a federal judge, violate the law, and reject BTC ETFs after being ordered by the court to approve them." (Cointelegraph) Earlier, the U.S. Senate will vote next week on whether to re-nominate SEC Democratic Commissioner Caroline Crenshaw.
Dec 08, 2024 2:07 pm
Countries Offer 0% Capital Gains Tax on Cryptocurrency
Countries Offer 0% Capital Gains Tax on Cryptocurrency
According to BlockBeats, on December 8, Jeff Park, Head of Strategy at Bitwise Alpha, shared insights on social media regarding the growing trend of countries offering a 0% capital gains tax on cryptocurrencies. Park highlighted that many nations recognize this as a rare opportunity to position themselves as the next financial hubs akin to Switzerland, Singapore, or the Cayman Islands. He emphasized that the potential rewards for these countries are immense, as they could attract unlimited capital by adopting such favorable tax policies. Park's comments come at a time when the global cryptocurrency market is experiencing significant growth and transformation. As digital assets become increasingly mainstream, countries are exploring various regulatory frameworks to attract investors and businesses. By offering tax incentives, these nations aim to create a more appealing environment for cryptocurrency-related activities, potentially boosting their economies and establishing themselves as key players in the financial sector. The strategic move to implement a 0% capital gains tax on cryptocurrencies is seen as a way to foster innovation and investment in the digital asset space. It reflects a broader trend of governments seeking to balance regulation with the need to remain competitive in the rapidly evolving financial landscape. As more countries consider similar measures, the global cryptocurrency market could see increased participation and growth, further solidifying its role in the future of finance.
Dec 08, 2024 2:03 pm

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 0.02451647708.

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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 #10292 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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