On April 20, 2025, Kook Capital LLC revealed that its real estate-backed cryptocurrency, Housecoin, has achieved a market valuation of $100 million. This noteworthy milestone was communicated through Kook Capital’s official Twitter feed, marking a significant accomplishment for the digital token.
At the moment of this announcement, Housecoin was priced at $12.50, reflecting a 5% increase from the previous closing price of $11.90 on April 19, 2025. This uptick in value was further highlighted by a surge in trading volume, which soared to 8.2 million HOUSE tokens, significantly higher than the average daily volume of 3.5 million tokens observed over the preceding month.
The trading pairs associated with Housecoin, such as HOUSE/BTC, HOUSE/ETH, and HOUSE/USDT, all noted increased activity, with the HOUSE/BTC pair registering the most substantial volume growth of 120%. On-chain data indicates that active addresses rose by 15%, totaling 12,500, showcasing a growing interest and engagement within the Housecoin ecosystem.
Market Reactions Following the Valuation Announcement
The announcement of Housecoin’s $100 million valuation has had immediate effects on trading behavior. Following the news, the market exhibited a clear bullish trend for Housecoin, as the price successfully broke through the $12 resistance level that had posed challenges since April 15, 2025. This breakthrough hints at the potential for continued upward movement, bolstered by increased trading volumes across various platforms. Notably, the HOUSE/USDT trading pair on Binance achieved a peak trading volume of $100 million on April 20, 2025, representing a remarkable 200% increase from the previous day.
The heightened trading activity, coupled with the price increase, reflects strong market confidence in Housecoin’s prospects, likely fueled by its real estate backing which is perceived as providing stability. Traders are advised to keep a close watch on support levels at $11.50 and $11, as any decline below these figures could indicate a potential reversal in the current upward trend.
Technical Analysis Insights for Housecoin
An examination of Housecoin’s price chart reveals several crucial indicators for traders. The Relative Strength Index (RSI) for Housecoin registered at 72 on April 20, 2025, suggesting that the token is nearing overbought conditions. This raises the possibility of a market correction, prompting traders to exercise caution before entering long positions at the current price levels.
Additionally, the Moving Average Convergence Divergence (MACD) showed a bullish crossover on April 18, 2025, which has persisted through the recent announcement, reinforcing the prevailing bullish sentiment. The trading volume has notably surged, reaching 8.2 million HOUSE tokens within a 24-hour period on April 20, 2025, a clear indication of intensified market interest. Furthermore, on-chain metrics reveal a total of 25,000 transactions recorded on the same day, an increase from the average of 20,000 transactions over the preceding week.
Frequently Asked Questions
What is the current valuation of Housecoin? As disclosed by Kook Capital LLC on April 20, 2025, Housecoin achieved a valuation of $100 million. At the time of this announcement, the token traded at $12.50, a 5% rise from its previous closing price.
How has the trading volume of Housecoin changed following the announcement? Following the announcement, Housecoin’s trading volume surged to 8.2 million HOUSE tokens on April 20, 2025, compared to an average daily volume of 3.5 million tokens recorded over the past month.
What are the key technical indicators for Housecoin traders to watch? On April 20, 2025, the RSI for Housecoin was at 72, indicating that it is approaching overbought territory. The MACD indicated a bullish crossover on April 18, 2025, which has been maintained since the announcement.
