HNS prices are expected to surge rapidly in the short term, driven by sentiment in the stablecoin sector. However, caution is warranted regarding the risk of profit-taking once the sentiment subsides. Given that stablecoin-related stocks are broadly active, HNS may benefit from sectoral fund rotation. It is recommended to closely monitor trading volume; if intraday volume continues to expand, setting stop-profit targets at high levels is advisable to mitigate the risk of pullback.

**Overall market risk appetite has improved.** On June 16, A-shares rebounded continuously after a low open, with all three major indices rising, and turnover increasing to 1.24 trillion yuan, indicating a renewed short-term speculative sentiment among investors. Against this backdrop, market attention towards blockchain and digital asset sectors is likely to rise simultaneously, providing a favorable sentiment environment for HNS.

1. Overall trend: The A-share market opened lower and rebounded throughout the day, with the three major indices rising slightly. Most individual stocks gained, with over 3,400 stocks in Shanghai, Shenzhen, and Beijing turning red; today's trading volume reached 1.24 trillion. By the close, the Shanghai Composite rose 0.35%, the Shenzhen Component Index increased 0.41%, and the ChiNext Index gained 0.66%.  
2. Industry sectors: Stablecoins, oil and gas, IP economy, and 3D printing sectors led the gains, while precious metals, military industry, medical and healthcare, and civil aviation airports sectors saw declines.  
3. Popular concepts: Stablecoin concept stocks surged again, with more than ten stocks including Hang Seng Electronics, Sifang Jingchuang, Hengbao Shares, and Hailian Jinhui hitting the daily limit. Oil and gas stocks surged then pulled back; stocks like Shandong Molong, Zhunyou Shares, Beiken Energy, and Taishan Petroleum hit the limit-up. The IP economy concept continued its strong momentum, driving branches like 3D printing to perform well, with Yuanlong Yatu, Disu Fashion, Golden Orange, and Haizheng Shengcai hitting the daily limit.

The Shanghai Composite Index rebounded with a decrease in volume, rising by 0.35%, while stablecoin concept stocks surged again.

**Stablecoin sector experiencing continued surges.** On June 23, stablecoin-related concept stocks on the Shenzhen Stock Exchange became the most active sector, with the top six stocks all hitting limit-up or substantial gains, demonstrating strong sentiment resonance. If HNS is regarded as a project potentially associated with stablecoin business, its short-term price could be positively impacted by sectoral fund rotation, representing a temporary bullish sentiment driver.

On June 23, data from Tonghuashun revealed that stablecoin-related stocks were active in the A-share market. The top six stocks on Tonghuashun's hot list in the past hour were all related to stablecoins, including Hengbao Co., Sifang Jingchuang, Annie Co., Chutianlong, Dongxin He Ping, and Lakala, with daily gains of 9.39%, 14.28%, 9.97%, 9.04%, 2.49%, and 11.59%, respectively.

Data: The top 6 stocks in the recent 1-hour hot list on Tonghuashun are all related to stablecoin concepts.

**Possible surge followed by pullback in the short term.** Currently, sectoral funds are focusing on stablecoin concepts, and HNS is expected to see a rapid rise driven by this sentiment. However, caution should be exercised regarding the risk of profit-taking as sentiment fades. It is advisable to monitor the trading volume rhythm; if intraday volume continues to expand, profit targets can be set at higher levels to avoid pullback risk at the end of the rotation.

Handshake

The probability of the Federal Reserve keeping interest rates unchanged in April is 100%, while the probability of a rate cut in June is only 4.7%.

FOMC Meeting: US Fed Expected To Hold Rates Till 2027 Despite Kevin Warsh Taking Charge

Senate Committee Sets April 29 Vote To Advance Pro-Crypto Warsh’s Fed Chair Nomination

The global oil shock has the Fed cornered just days before its next meeting — what that means for Bitcoin

The US Treasury market is focusing on the Federal Reserve meeting, with the probability of a rate cut by the end of the year rising to 40%.

One Week Preview | The Federal Reserve will announce its interest rate decision; MegaETH token TGE will take place on April 30.

Netanyahu orders IDF to intensify attacks on Hezbollah, ceasefire in doubt

Trump halts US-Iran peace talks, April 30 deal market plummets

Trump evacuated from White House dinner amid US-Iran tensions

Biden highlights US blockade success against Iran, Strait of Hormuz traffic impacted

Bybit-eu

Live chart for Handshake to USD conversion. Check out HNS to USD prices in real time. Convert, buy, sell, and trade Handshake on Bybit-eu.

Handshake Price: HNS Live Price Today | HNS Market Cap & Chart Analysis | Bybit-eu

current_price

price_change_24h

high_24h

low_24h

volume_24h

market_cap

circulating_supply

max_supply

ath_price

atl_price

HNS price today is 0.01, with a live price change of 1.43 in the last 24 hours. Convert, buy, sell and trade HNS on Bybit-eu.

Track Handshake live price, market cap, 24-hour trading range, and real-time chart data on Bybit-eu.

Handshake Price

Price Statistics

Handshake News

Price History (USD)

Handshake Resources

Handshake Price

Price Statistics

Handshake News

Price History (USD)

Handshake Resources

Scan to Download App

Follow Us on Social Media