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The cryptocurrency market has fallen further today as Bitcoin fell 4% and Ethereum fell nearly 6%. Altcoins and meme-coins have lost nearly double digits and HEX is one of the few ciphers traded in the green. This is not the first time HEX has resisted market sentiment. Cryptocurrencies are mainly traded in opposite directions between each slump. HEX has skyrocketed by nearly 8% today and has been around 5% in the last 4 hours. Cryptocurrencies have generated decent profits this month, up to nearly 24% in the last 14 days.
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This week, HEX is under buying pressure as whales have made a full-scale entry into cryptocurrencies in the last 48 hours. Investor “staking” HEX numbers have also increased significantly this week. Therefore, the buying pressure is higher than the selling pressure, and the price of tokens is skyrocketing even though the market is trading in the red.
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One user bought 4 million HEX yesterday for $ 176,255 and another got 7.8 million tokens worth $ 332,621. In addition, one user “bet” 61 million tokens today and another user bet 66 million tickets yesterday. This week, HEX simultaneously attracted “buying pressure, whales, staking” and raised the price of the index.
Even Crypto Bubbles, which emphasizes the best performers of the day, shows that HEX is at the center of the stage in the bright red waters. Bitcoin is below $ 21,000 while Ethereum is currently below $ 1,500.
After the rally, HEX reduced prices primarily and traded in the red for the next few days. Therefore, it is advisable to pay attention as cryptocurrencies have reached their weekly highs. Investors who want to make good money in the short term can enter HEX after waiting for a series of declines. Cryptography is known to experience a sudden surge, and holders can take advantage of that rise to generate decent profits.
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At the time of pressing HEX Trading at $ 0.043, it rose 5.5% in a 24-hour day trade. It has also risen by nearly 10% in the last 7 trading days.
