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HOPR

HOPR

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About HOPR

HOPR is an Ethereum token that powers the HOPR protocol, a multifaceted project developing technology for digital privacy, layer-zero data transfer, and decentralized governance. The HOPR token has three main functions: pay, stake, and vote.

HOPR is a decentralized, incentivized mixnet that aims to bring true privacy to web3. It allows for the transmission of any kind of data without revealing the metadata. HOPR does not have its own blockchain, but node runners may receive HOPR tokens as compensation on Gnosis Chain and Ethereum mainnet. Developers can build their own decentralized applications (dApps) on top of HOPR, giving users control over their online and personal data. The HOPR token launched in February 2021, and all proceeds from the launch are controlled by the HOPR DAO, a decentralized autonomous organization.

HOPR works by providing scalable transport level privacy, enabling the creation of truly private, trustless, and secure applications for web3. It uses a proof-of-relay mechanism, a cryptographic system that rewards node runners only after they have successfully relayed data, while preserving their privacy. Node runners are compensated with HOPR tokens only after completing their mixing and relay duties. The HOPR protocol is designed such that no one but the sender can know the details of their data and its route through the HOPR mixnet.

HOPR can be used in a variety of ways to enhance privacy in the digital world. For instance, it can be used to browse information securely from websites without being tracked by ISPs or third-party providers. It can also be used to send blockchain transactions without leaking metadata to miners or other relayers. Furthermore, HOPR can be used to create peer-to-peer applications that require private communication, such as gaming and online chats. It can also be used to proxy traffic via a SOCKS-like interface that forwards traffic via the HOPR network.

HOPR was founded by Sebastian Bürgel, a graduate of ETH Zurich with a degree in information technologies and electrical engineering. Bürgel co-founded SONECT, an ATM as-a-service provider company, and served as the chief technology officer for SONECT until 2017. He also served as CTO at Validity Labs, providing education-related solutions via blockchain technology. In 2020, Bürgel left Validity Labs to start HOPR. The HOPR token launched in February 2021, and all proceeds from the launch are controlled by the HOPR DAO. The development of the HOPR protocol is overseen by the HOPR Association, a privately funded organization separate from the HOPR DAO.

Market

Market stats

Market cap

$28.6M

Volume (24h)

$431,921.54

Circulating supply

341.2M HOPR

Typical hold time

8 days

Popularity

#807

All time high

$2.27

Market performance

Price change (1h)

-0.7%

Price change (1d)

-4.32%

Price change (1w)

-13.1%

Price change (2w)

-8%

Price change (1m)

-13.17%

Price change (1y)

+69.72%

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Social

Some highlights about HOPR on social media

147 unique individuals are talking about HOPR and it is ranked #792 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, HOPR has an average sentiment score of 3.1 out of 5. Finally, HOPR is becoming more newsworthy, with 0 news articles published about HOPR. This is a 0% increase in news volume compared to yesterday.

On Twitter, people are mostly bullish about HOPR. There were 58.33% of tweets with bullish sentiment compared to 25% of tweets with a bearish sentiment about HOPR. 16.67% of tweets were neutral about HOPR. These sentiments are based on 24 tweets.

On Reddit, HOPR was mentioned in 9 Reddit posts and there were 19 comments about HOPR. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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Overview

Contributors

147 people

Posts

58 posts

Dominance

0.01%

Volume rank

#792

Average Sentiment

3.1 out of 5

Twitter

Reddit

Comments

19

Post Score

21

Comment Score

23

Coinbase Bytes

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

HOPR is on the decline this week.

The price of HOPR has decreased by 0.70% in the last hour and decreased by 4.32% in the past 24 hours. HOPR’s price has also fallen by 13.10% in the past week. The current price is $0.0840 per HOPR with a 24-hour trading volume of $431.92K. Currently, HOPR is valued at 96.30% below its all time high of $2.27. This all-time high was the highest price paid for HOPR since its launch.

The current circulating supply of HOPR is 341,173,813 HOPR which means that HOPR has as total market cap of 341,173,813.

FAQ

What is the current price of HOPR?

We update our HOPR to USD currency in real-time. Get the live price of HOPR on Coinbase.

What is the market cap of HOPR?

The current market cap of HOPR is $28.62M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of HOPR?

The all-time high of HOPR is $2.27. This all-time high is highest price paid for HOPR since it was launched.

What is the 24 hour trading volume of HOPR?

Over the last 24 hours, the trading volume of HOPR is $431.92K.

What other assets are similar to HOPR?

Assets that have a similar market cap to HOPR include MangoMan Intelligent, NuNet, Firo, and many others. To see a full list, see our comparable market cap assets.

How many HOPR are there?

The current circulating supply of HOPR is 341 million.

What is the typical holding time of HOPR?

The median time that Coinbase customers hold HOPR before selling it or sending it to another account or address is 8 days.

What is the relative popularity of HOPR?

HOPR ranks 73 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of HOPR?

Currently, 67% of Coinbase users are buying HOPR. In other words, 67% of Coinbase customers have increased their net position in HOPR over the past 24 hours through trading.

Can I buy HOPR on Coinbase?

Yes, HOPR is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy HOPR guide.