Hemi Funding Raised $15M Ahead Launch: Could it Hit $1 Price?

Deepmala Upadhyay
Deepmala Upadhyay
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Hemi Network Funding details

Hemi Network Funding, Airdrop Campaign, and Price Prediction

The Hemi Network has raised $15 million in fresh funding, taking its total to $30 million, as it prepares for its upcoming TGE. The project, which positions itself as the largest programmability layer on Bitcoin, aims to combine Bitcoin’s security with Ethereum-style smart contracts. The team shared the funding details over X (formerly Twitter). 

Hemi Funding

Source: X

The latest round of funding was led by YZi Labs (formerly Binance Labs), Republic Digital, and HyperChain Capital. The other participants include Breyer Capital, Big Brain Holdings, Crypto.com, DNA Fund, Selini Capital, Protein Capital, Quantstamp, and Web3.com. It is intended to further ecosystem development and facilitate wider adoption.  

Hemi Airdrop and Pre-TGE Campaign  

In anticipation of the listing, the team partnered with Binance Alpha to initiate the Network airdrop in conjunction with the Hemi Pre-TGE campaign. On August 22, Binance Alpha began distributing 200 million tokens through multi-phase tasks.

  • Phase 1 shared 50M rewards.

  • Binance users with 61+ Alpha Points were eligible.

This campaign shows strong community engagement as the network moves closer to its TGE date. While the official token listing date has not been disclosed by the team yet, the roadmap hints at a Q3 2025 launch, probably in August. Sources also validate the ongoing negotiations with prominent exchanges to finalize the trading strategies.

Hemi Tokenomics and Price Forecast

The tokenomics are shaped to foster growth, provide incentives, and maintain sustainability. Approximately 1.05 billion of the 10 billion tokens will be in circulation at launch. The distributions are as follows:

Deepmala Upadhyay

About the Author Deepmala Upadhyay

English News Writer at coingabbar.com

Deepmala Upadhyay is an experienced crypto journalist, content strategist, and News writer with over 6 years of expertise in writing and the crypto industry. Holding a Bachelor's Degree in Computer Science and a deep understanding of blockchain technology and financial markets, she excels in delivering exclusive news, in-depth research blogs, and expertly crafted on-page SEO content. As a team lead and content writer at CoinGabbar, Deepmala is responsible for analyzing blockchain technologies, cryptocurrency, price movements, and the crypto market with precision and insight. Her keen ability to create well-researched, impactful content, combined with her expertise in market analysis, makes her a trusted voice in the crypto space.

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