Bitcoin plummeted by over $4,000 in the past 24 hours, causing a sell-off in altcoins and meme coins, with top 10 cryptos, except stablecoins, posting losses.
Huma Finance stood firm amidst market turmoil, defying losses and extending gains, up nearly 5% by June 5 despite a recent 27% drop.
After its TGE event and listing on top exchanges, HUMA surged but retraced, now up 3X from May lows. Increased community engagement and platform activity are boosting its strength.
Huma Finance could attract more activity with permissionless lending pools offering high APYs and partnerships with firms like Kaito AI and Jupiter DAO. Backing from top crypto VCs and processing over $4.7 billion in transaction volume add to its potential.