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$HNS rises above 17% following over 56M $HNS Token Lock–up
$HNS, the native token of Handshake decentralized, permissionless naming protocol, is up over 17% in the past 24hours, & now trades around $0.04546, with inflow of $103.11k, as per Gate.io chart.
This comes amid the report that the Handshake blockchain has currently locked 56,000,000 $HNS, as the first auctions of newly released names roll into reveal, gradually closing down on 10% of the total circulating supply of more than 628M $HNS. Handshake aims to experiment with new ways the internet can be more secure, resilient, & socially useful with a P2P system validated by the network's participants.