Heima (HEI) Coin Price Rockets 70% Amid Binance Support, What's Next?

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Heima (HEI) Coin Price Rockets 70% Amid Binance Support, What’s Next? – Crypto News

Published

1 year ago

February 13, 2025

Dripp

Heima (HEI) coin stole the spotlight amid a broader crypto market recovery-like trend, primarily as its price skyrocketed 70% in a day. Notably, the cryptocurrency enjoyed a bullish movement against the backdrop of crypto exchange behemoth Binance’s enhanced trade offerings. In turn, market watchers speculate whether the token, also known to be the evolved version of the Litentry Network, could sustain a bullish movement ahead.

Heima Coin Bullish Amid Binance’s Enhanced Trade Offerings

In an official Binance announcement dated February 13, the crypto exchange giant revealed that it is adding Heima coin to the ‘Earn, Buy Crypto, Convert, Margin & Futures’ trading platforms. As per the announcement, flexible products for the coin will be available on ‘Simple Earn’ starting today at 08:00 UTC. Starting February 14, users can purchase the asset using any of the payment options available on the platform’s ‘ Auto-Invest’ division.

Further, users can also buy via VISA, MasterCard, Google Pay, Apple Pay, Revolut, and their account balances on the ‘Buy Crypto’ page within one hour of the spot listing. Also, the platform’s colossal user base can trade the coin against BTC, USDT, and any other tokens on ‘Convert’ at zero fees within one hour of the spot listing.

Binance Margin will add the HEI coin as a new borrowable asset on cross and isolated margin, as well as the HEI/USDT and HEI/USDC pairs today at 11:00 UTC. Lastly, the crypto exchange revealed that it will also launch a USD-Margined perpetual contract for the asset with up to 75x leverage today at 09:00 UTC.

Altogether, the enhanced trade offering by one of the top crypto exchanges significantly enhances market exposure, paving the way for money inflow into the token’s ecosystem. As a result, the coin’s price shot up phenomenally amid the announcement.

HEI Price Skyshots 70%

Heima coin’s price surged by a whopping 70% as of press time, trading at $1.23. The coin’s 24-hour low and high were $0.7291 and $1.36, respectively. The current bullish trajectory primarily mirrors soaring market optimism amid new listings on one of the leading crypto exchanges. Further, the recent crypto market recovery appears to have bolstered the price surge.

Intriguingly, traders also appear to be positive on the recent development, as indicated by a 14414.65% uptick in the intraday trading volume to $64.27 million. The current dynamics indicate that the coin is seeing heightened market interest, paving the way for further bullish movement.

Litentry Network (LIT) Rebranding Saga

Meanwhile, it’s also noteworthy that the coin witnessed a rebranding saga as this year kicked off. Notably, the Heima (HEI) coin is a rebranded version of the Litentry Network (LIT), per an announcement as of January 2025. The rebranding reflects the project’s evolution from a decentralized identity to a chain abstraction entity.