This Week in $HEGE: We're live on BiFinance!

This week in $HEGE, for the week of June 9 – June 15, 2025.

Hello and welcome to another edition of This Week in $HEGE. As usual there is lots to cover, so let’s get to it!

Hege in his Hegequarters. Image credits: https://x.com/xPrometheus_sol

Market update

First off, let’s start with a short market update. Some roller-coaster week we had, huh? Kicking off the week with strong momentum, it surely looked like 10M was in reach. Then, as I’m sure you’re all painfully aware, geopolitics threw a bucket of sand in our gears and the party was promptly ruined. As if we didn’t have enough fear and uncertainty in the market already!

It’s still too early to tell what the fallout of this rekindled conflict between Israel and Iran will be. Will it escalate? Will it spread to other parts of the Middle East? Or will cooler heads ultimately prevail? The only correct answer right now is this: we don’t know yet. As an investor in these situations, we’d suggest to ignore all the narratives and just look at the charts. That might sound like a strange idea. But think about it: The market represents the collective intelligence of all participants all across the world. Looking at the charts cuts through all the narratives and shows not what people say they do, but what people are actually putting their money on.

So what do the charts say so far? Well. While the entire crypto market followed the tradfi markets down, key support levels are still in fact holding. Bitcoin is above its support at $101.5k, Solana is above $143, and we are still above our main support zone around $6M market cap. From a technical perspective, until it breaks, support is support. And so far, it’s holding. This situation might change of course, so we must keep watching. But for now, there is no reason to panic.

Looking to the crypto fundamentals outside of geopolitics, nothing has changed — they have never been better. Institutional money keeps flowing in to the ETFs. Companies like Michael Saylor’s Strategy continue to buy. Stablecoin regulation is coming.

So to sum it all up: If this conflict escalates and spreads, there could be more pain ahead. If not, this could turn into a small blip in a bull market that will continue over the coming months. For now the charts are holding up. We’ll keep watching them for clues, while not letting this distract us from building and pushing on.

Photos from Vegas

After too long a wait, we finally got the photos from our marketing event in Las Vegas. Sadly they weren’t great, so next time we’ll make sure to have our own photographer there. Lesson learnt. Luckily, we can see from QR scans that the campaign went down well, which is what matters in the end. And we did get a decent shot of the truck with the Hege billboard. It really stands out, doesn’t it?!

Truck displaying a large bright yellow Hege banner, standing on the road in front of palm trees.

Listing on BiFinance, June 12th

As planned, trading of HEGE/USDT went live on BiFinance on Thursday, June 12th.

This adds the 8th exchange to our growing list of centralized exchanges. Next step, we are aiming for holding a week above $10M market cap to list on the next exchange. In the meantime, we’ll keep pushing forward on our other objective.

Read the announcement and see a few more photos from Vegas on the link below:

https://www.reddit.com/r/HegeCoin/comments/1l9gtx5/we_have_gone_live_on_bitfinance/

Reddit competition winners were selected

Congratulations to the following winners in the Reddit competition:

1. Chris 🥇
2. Ash 🥈
3. Ollie 🥉

And the price for best commenter: DOLPH1N1

Nick went through all your posts to pick out the best ones. There were 20 competition entries in total, which meant he got to pick three winners. The Hege team members, who all work voluntarily, once again proved their spot in the team by making incredible posts.

In addition to the announced prizes, we also decided to give a bonus prize to every participant. We truly appreciate every contributor and feel you all deserve recognition for the time and effort you spent. So if you participated, DM @Nick_Terminated on Telegram to receive your runner up prize!

In total, these rewards were given out:

– $750 in $HEGE.
– 3 NFTs.
– Hege t-shirt of choice.

Congratulations to the winners, and big thanks to Nick for organizing the competition!

New competition: win this Hegend Magenta Warrior NFT

Fellow community member @andcrypt0 dropped an excellent YouTube video breaking down everything you need to know about Hege, from its origins to where it's headed. To celebrate, he's giving away 1 Hegend NFT from his own collection once this video hits 1,000 views 🔥

Hegend Magenta Warrior is an Uncommon NFT (1.5x rewards) with a current floor price of 0.8 SOL ($127 USD)!

Huge thanks to @andcrypt0 for generously sponsoring this giveaway!

Up ahead in the coming week

In the coming week, keep your eyes open for announcements about the new merch store, and the Disasterpiece competition results should finally be in.

Thanks for reading!

That’s all we’ve got for today. Thanks for reading, and check in next Sunday for the next fresh update. Have a great week until then!

— Team Hege

PS. If you’re not in our Telegram already, get in there! It’s always the best place to hang out and get the latest on what’s going on. Here’s the link: https://t.me/Hegequarters