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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 0.019675461927 USD and is -0.000388046769 over the last 24 hours. It is currently trading on active market(s) with $104,903.75 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
-$0.0003880467691.93%
24h Volume
$104,903.7510.34%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#10254
HOP Market Cap
Market Cap
$0
Fully Diluted Market Cap
$19.68M
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 05, 2024 7:53 pm
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HOP
Hop Protocol
$0.019675461927
$0.000388046769(-1.93%)
Mkt Cap $0
There's nothing here for now
QCP Capital: Trump's Capital Gains Tax Proposal Sparks Altcoin Market Surge
QCP Capital: Trump's Capital Gains Tax Proposal Sparks Altcoin Market Surge
The altcoin market has experienced a dramatic resurgence, with legacy cryptocurrencies like XRP, ADA, and XLM posting staggering gains, driven by favorable regulatory developments in the U.S., according to Singapore-based crypto investment firm QCP Capital.Altcoin Rally Fueled by Regulatory OptimismXRP has skyrocketed 400% since November, breaking its 2021 high to reach $2.90. Meanwhile, other legacy cryptocurrencies like ADA, HBAR, and XLM surged by 300%, 800%, and 600%, respectively. QCP Capital attributes this rally to former President Donald Trump's November proposal to eliminate capital gains taxes on cryptocurrencies issued by U.S. companies, sparking widespread enthusiasm in the market.Pro-Crypto Administration ExpectationsThe market's optimism is further buoyed by speculation about a crypto-friendly U.S. cabinet. Rumors suggest that Gary Gensler, the current SEC Chair known for his stringent crypto stance, may be replaced by Paul Atkins, a pro-crypto figure. Additionally, Howard Lutnick, CEO of Cantor Fitzgerald—a firm reportedly in talks with Tether—is expected to become Secretary of Commerce, adding to the pro-crypto narrative.Korean Traders Remain Resilient Amid Geopolitical RisksQCP Capital also highlighted the resilience of Korean traders despite South Korea's martial law announcement, which initially caused Bitcoin to drop to $93,500. A swift market buyback showcased strong investor confidence.Macro Risks and Market OutlookWhile the crypto market faces potential risks such as inflation concerns, reduced interest rate cut expectations, and geopolitical tensions, QCP Capital remains optimistic. "The cryptocurrency market is still poised for further growth," the firm noted, pointing to the likelihood of pro-crypto policies attracting more institutional interest. They predict Bitcoin breaking the $100,000 mark and Ethereum reaching record highs are realistic milestones in the near term.With Trump’s proposed tax reforms and a favorable regulatory outlook on the horizon, the cryptocurrency market appears primed for continued growth, signaling a potentially transformative period for institutional and retail investors alike.
Dec 05, 2024 7:47 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 0.019675461927.

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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 #10254 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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