HOT rises by 2.42% on November 12, 2025 following Pelephone’s updated offer for Hot Mobile

As of November 12, 2025, HOT was valued at $0.000635, marking a 2.42% rise compared to the previous day. Despite this short-term uptick, the token has suffered notable losses over longer periods—falling 13.74% in the past week and plummeting 72.66% over the last year. On a brighter note, HOT has managed a 2.92% recovery in the last month. These price shifts coincide with renewed attention on Hot Mobile, an Israeli telecom company, following an increased acquisition bid from Pelephone.

Pelephone, which operates under Bezeq Israel Communications Ltd, has raised its offer for Hot Mobile to NIS 2.1 billion (about $565 million), up from its earlier NIS 2 billion proposal. This latest bid, valid until November 16, intensifies the ongoing competition for Hot Mobile, currently owned by billionaire Patrick Drahi’s Altice International. With Altice aiming to reduce its debt, the likelihood of a sale has grown. Pelephone has clarified that the updated offer is non-binding and that discussions are still in flux. Meanwhile, a rival group led by billionaire Gil Sharon has put forward a NIS 1.4 billion bid, which is seen as having a smoother path to regulatory approval.

The increased bid from Pelephone has attracted international attention, given Hot Mobile’s significant presence in Israel’s telecom sector. The company reported third-quarter revenues of NIS 517 million, serving 2.66 million customers and achieving a record ARPU of NIS 48. Pelephone’s leadership has reiterated its focus on maintaining financial discipline and preserving its AA credit rating, factors that could bolster investor trust in the acquisition process.

Technical analysis points to a mixed scenario for HOT. While the token saw a modest gain over 24 hours, the weekly decline signals persistent bearish sentiment. The monthly rebound may hint at short-term stabilization, but the steep annual drop highlights ongoing long-term difficulties. Given the volatility, investors are closely watching both the outcome of the Hot Mobile acquisition and broader trends in Israel’s telecommunications industry.

HOT’s price movements seem to reflect the wider uncertainty in the market regarding corporate acquisitions and industry consolidation. Although the recent daily increase is encouraging, it does not yet indicate a lasting upward trend. The prolonged declines suggest that a more substantial catalyst—such as a completed acquisition or a significant market shift—may be needed to spark sustained bullish momentum.

Backtest Hypothesis

To better understand HOT’s recent price swings and the impact of the Pelephone bid, a backtesting approach could shed light on how similar events have historically influenced price trends. For example, one could examine instances where prices dropped by at least 10% over a rolling seven-day period and analyze subsequent performance. This strategy could help determine if HOT’s recent 13.74% weekly drop is consistent with patterns observed in comparable assets during similar circumstances.

By implementing this method with HOT or a similar token, investors can evaluate whether the current price pullback signals a buying opportunity or the continuation of a downward trend. The findings from such a backtest would provide a data-driven perspective on HOT’s medium-term prospects, especially in light of the Pelephone offer and broader market factors.