What Handshake powers
Handshake (HNS) is a gaming / NFT-ecosystem token, currently ranked 483rd by market capitalization among the assets we track. Handshake lives inside an interactive economy — a game, a virtual world, or an NFT marketplace. The token mixes speculative upside with genuine in-world utility, and usage is what's supposed to underpin it.
Handshake (HNS) is a decentralized, permissionless naming protocol that allows users to register domain names directly on the blockchain without the need for intermediaries. It aims to create a more secure and censorship-resistant internet by using a unique auction and bidding process for domain ownership.
How game-economy tokens hold value
Handshake has to balance rewarding players with not flooding the market. Sustainable in-game sinks for the token matter as much as sources, or emissions simply outrun demand.
Handshake reaches agreement on transaction order through Proof of Work.
Background & fundamentals
Handshake first went live in 2020, giving it roughly 6 years of on-chain price history to draw on. Governance is structured as Decentralized, so no single company controls issuance or protocol changes. Its codebase is open-source, meaning the implementation can be audited rather than taken on trust.
The project publishes a whitepaper documenting its original design, which is worth reading before sizing any position in HNS. CoinPaprika classifies the project's development status as "Working product". In sector terms it is most often filed under Cryptocurrency, NFT Token, and Proof Of Work.
Where Handshake sits in the market
With HNS near $0.00291928, Handshake carries a market capitalization of $1.87M. Around $69.62 changes hands across exchanges in a typical 24-hour window. That is a turnover of about 0.00% of the float — on the quieter side, which can mean thinner liquidity for large orders.
Almost the entire HNS supply is already in circulation (~100.0% of the 2B cap), so future dilution is effectively off the table. HNS remains -100% beneath its all-time high of $0.8629, the kind of gap that historically takes a full cycle or a fresh catalyst to close.
What the price history shows
Across timeframes, HNS shows 24-hour -2.67%, 7-day -40.64%, 30-day -69.02%, 1-year -25.25%.
Volatility profile
Recent action puts Handshake in the Extreme-volatility band — it is in a high-volatility regime — these are the conditions where outsized gains and losses both become more likely. Over the last 30 days the move totals -69.02%, a useful input for stop placement and position sizing.
How to evaluate a gaming token like Handshake
A grounded read on HNS comes down to three questions:
- Player activity — real, retained users inside the game or platform behind HNS.
- Token sinks — whether the economy has durable demand for HNS beyond reward emissions.
- Studio execution — the team's ability to ship and sustain a product people actually want to use.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.