There were a number of stocks that had made notable gains yesterday and one of those was the Hop-On Inc (OTCMKTS:HPNN) stock, which ended the day with gains of as much as 50%. In light of such gains, it is fairly likely that the stock is going to came into focus among investors today.
Trading Data
On Thursday, HPNN stock up 50% to $0.0015 with more than 80.59 million shares, compared to volume of 19.22 million shares. The stock moved within a range of $0.0011 – 0.0015 after opening trade at $0.0011.
Futurist, Media & Technology Mogul Mike Johns Hops on Board with Digitalage as President of Business Development
The company was in the news yesterday after it announced that its unit Digitalage had signed up a new President of Business Development in the form of Mike Johns. In this context, it ought to be noted that Digitalage is a social media venture that seeks to disrupt the massive industry by way of Cardano blockchain technology.
It is styled as a full-service platform that allows users freedom with regard to content development and management. The appointment of Johns is an important one for Digitalage since he is a well-known figure in the world of high-stakes deal-making.
Over the course of his accomplished career, he has managed to strike up deals with such names as T-Mobile, NBC and ESPN among others. The magnitude of those deals run up to a valuation of many billions of dollars and hence, the excitement among investors is understandable.
Key Quote
Peter Michaels, Chairman of Digitalage, says, “Mike has already hit the ground running. We are launching a focus group with influencers that will premiere next week at PulseCon https://www.pulsecon2022.com/, the largest crypto event in Las Vegas. We are working to tie NFTs into our OOVE™ tools based on Cardano smart contracts. Mike brings so much value to the challenges we face in building our business and partnerships. He connects the dots between industry, media, and technology that give us an advantage as we build our Web3 social media platform.”
Technical Data
HPNN stock is trading above the 50-Day and 200-Day Moving averages of $0.0011 and $0.0013 respectively. However, the stock is trading below the 20-Day moving average of $0.0025. The company has a total market capitalization of $11.17 million.
