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Humanity Protocol Launches New H Token Airdrop After $36M Exploit

Published Source: The DefiantRead original

Crypto Insight Summary: 1. 3. 5. Humanity Protocol has announced a full token migration and 1:1 airdrop of a new H token after the June 8 exploit that drained approximately $36 million. The team on X on Monday. It confirmed that the former H token on Ethereum, BNB Chain, and Humanity Mainnet has been sunsetted and replaced with a newly audited ERC-20 contract deployed on Ethereum. New tokens will be airdropped 1:1 to holders based on taken on Ethereum, BNB Chain and Humanity Mainnet, on June 8, just before the exploit. The H token was on Monday to around $0.22, per CoinGecko, and has lost about 73% from its June 2 all-time high of $0.84. "We know the wait has been hard, and your patience through this has meant everything to us," Humanity Protocol . Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Token migration and airdrop may stabilize price but lacks broader market significance.

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Humanity Protocol Launches New H Token Airdrop After $36M Exploit — Crypto Insight