HEMI +1122.99% in 24 Hours Amid Market Surge

On OCT 8 2025, HEMI surged by 1122.99% within 24 hours to reach $4.14, marking a dramatic upswing in the token’s value. The 7-day increase reached 805.19%, while the monthly rise stood at 639.39%. Despite a significant decline of 2739.97% over the past year, HEMI’s recent performance suggests a potential reversal in its market trajectory.

The sharp 24-hour increase has sparked renewed interest among investors, many of whom are attributing the rise to a recent development in HEMI’s underlying technology. Analysts noted that the project has completed a major upgrade to its consensus mechanism, enhancing transaction speed and reducing latency. These improvements, coupled with a growing user base and increased adoption in decentralized finance (DeFi) applications, have created a favorable environment for the token’s valuation to climb rapidly.

From a technical perspective, HEMI’s price action over the past week has demonstrated a clear bullish bias. The token broke out above a key resistance level that had previously capped its growth for several weeks. This breakout was accompanied by strong volume confirmation, indicating that the price move was not merely speculative but driven by significant on-chain activity. The Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) indicators both showed positive divergences, reinforcing the likelihood of a continuation of the upward trend.