HEX (HEX) has been experiencing quite a few meetings in the last few days. The assets have increased by 56.1% on the weekly chart, 82.3% on the 14-day chart, 57% on the previous month and 44.2% since April 2024.
Also Read: Shiba Inu: How long will it take for Shib’s $1,000 to $1 million?
What is the price of Hex?
The latest gathering of the property comes after the SEC officially removes the lawsuit against founder Hichard Heart. The SEC filed a lawsuit against Heart in July 2023. The founders of HEX, Pulsechain and Pulsex were accused of winning more than $1 billion for the sale of unregistered securities.
On April 21, the SEC said it would not correct the complaint. Development shows a rare occurrence when the SEC loses its lawsuit. The founder of HEX came on the same day as the oath of Paul Atkins, the new SEC chair. The SEC repealing the lawsuit may be due to Atkins’ custody stance.
Also Read: BlackRock Buys $1.16 billion in Bitcoin in 3 Days: New Peak Soon?
The founder of HEX obtained an X and said, “”.This is the victory of open source software, cryptocurrency and freedom of speech. In this case, the SEC actually sues the software code itself, claiming it could be a person’s alter ego. This sets a terrible precedent and has probably caused billions of dollars in damage to the most of the internet and the key open source and free software industry that bolsters your speech.“
Next, can your assets reach $0.005?
HEX hit a record high of $0.5108 on September 19, 2021. Asset prices have fallen about 99.5% since their peak in 2021.
Also read: Top 3 cryptocurrencies to watch this weekend
Cincodex does not expect HEX to continue the rally. The platform predicts that assets will enter horizontal trajectories over the coming weeks. Cincodex expects Hex to trade on May 24th at $0.002426.
