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Huobi Token  


HT Price:
$9.9 M
All Time High:
Market Cap:
$1.2 B

Circulating Supply:
Total Supply:
Max Supply:


The price of #HT today is $5.64 USD.

The lowest HT price for this period was $0, the highest was $5.64, and the exact current price of one HT crypto coin is $5.64312.

The all-time high HT coin price was $40.08.

Use our custom price calculator to see the hypothetical price of HT with market cap of ETH or other crypto coins.


The code for Huobi Token is #HT.

Huobi Token is 5 years old.


The current market capitalization for Huobi Token is $1,150,279,115.

Huobi Token is ranked #49 out of all coins, by market cap (and other factors).


The trading volume is big today for #HT.

Today's 24-hour trading volume across all exchanges for Huobi Token is $9,889,333.


The circulating supply of HT is 203,837,557 coins, which is 41% of the maximum coin supply.


HT is the native coin for the Huobi Token blockchain.

View the full list of Huobi Token blockchain tokens, and has digital contracts with 3 other blockchains.

See list of the HT Blockchain contracts with 4 different blockchains.


HT is integrated with many pairings with other cryptocurrencies and is listed on at least 22 crypto exchanges.

View #HT trading pairs and crypto exchanges that currently support #HT purchase.



Chat AI and Small Cap AI Cryptos to Watch in 2023!

The rise of AI technology has revolutionized the way we live, work and interact with each other. In the same vein, AI is rapidly changing the world of cryptocurrencies and has become an important area of focus for investors and traders. In this article, we will take a closer look at Chat AI and small cap AI cryptocurrencies to keep an eye on in 2023. đŸ”čWhat is Chat AI? Chat AI is a conversational AI platform that is designed to provide users with a seamless and personalized experience. By leveraging AI algorithms and machine learning, Chat AI can process vast amounts of data and respond to user queries in real-time. This makes Chat AI a powerful tool for businesses by improving overall customer satisfaction and streamlining regular operations. Also, Chat AI brings efficiency into individual đŸ”čTop Small Cap Cryptocurrencies in 2023 With the rise of AI in the media and everywhere, the cryptocurrency space has also heated up with investors and traders paying close attention to AI cryptocurrencies. These cryptocurrencies are designed to leverage the power of AI technology to deliver new and innovative solutions for the financial world. In 2023, there are several AI cryptocurrencies that are expected to have some correlation to AI and are worth keeping an eye on organized by Coingecko by Market Cap. Step App (FITFI)| Mkt Cap $107,486,512 | Ranked #536:, This project is not 100% AI-driven, rather m...

Ethereum Shanghai Upgrade: Will ETH Prices Go Up?

The Ethereum network is set to undergo a major upgrade in March 2023, known as the Ethereum Shanghai Upgrade. This upgrade is designed to improve the overall performance and scalability of the Ethereum network, and is expected to bring a number of benefits to users and developers alike. — What Is the Ethereum Shanghai Upgrade? - In Sept 2022, Ethereum completed its switch to a Proof of Stake (PoS) consensus mechanism, it used previously a Proof of Work (PoW) mechanism to confirm and validate transactions. Users who want to take part in validating on the network could now stake 32 ether (ETH) rather than mine their own Ethereum with complex mining machines, which are really expensive to produce and buy. When the Ethereum mainnet joined with the Beacon Chain, people pledged their eth for yield but the timeline to unstake wasn’t set in stone. — What’s the benefits of the ETH Shanghai Upgrade? - The recent Shanghai update (EIP-4895) will resolve this issue and allow for unstaking their pledged Ethereum. On January 5, Ethereum engineers agreed to a March 2023 launch date for implementing the upgrade as a network . Users may now soon be able to use the public test network update towards the end of February 2023. One of the most notable changes that will come with the Ethereum Shanghai Upgrade is the ability for early users who staked Ethereum to withdraw their Ethereum. This means that those who have been holdi...

Matic vs Optimism: A Comparison of TPS, Tokenomics, Market Cap, And More.

When it comes to decentralized finance (DeFi) projects, Matic and Optimism are two proje that have been gaining a lot of attention in the crypto space. Both projects aim to bring scalability and accessibility to the blockchain ecosystem, but they have different approaches to achieving this goal. In this article, we will compare Matic and Optimism in terms of TPS, tokenomics structure, market cap, trading volume, and circulating supply. đŸ”čTPS (Transaction Per Second) : Matic and Optimism both aim to increase the number of transactions per second (TPS) on the blockchain. Matic is the fastest with nearly 65k TPS , using a unique sidechain-based scaling solution that utilizes a layer-2 scaling solution to achieve high TPS. Optimism is a bit slower clocking in around 2K TPS, using a tailored approach called “optimistic rollups” to increase the TPS on the Ethereum blockchain. Optimistic rollups use a layer-2 scaling solution that allows multiple transactions to be bundled together and processed in a single block. đŸ”čTokenomics Structure: Matic has a tokenomics structure that is based on the ERC-20 standard and is used to pay for transaction fees on the Matic network. Optimism, on the other hand, has a tokenomics structure that is based on the ERC-777 standard and is used to pay for gas fees on the Ethereum network.ZERO FEES on USDD Trading Pairs! đŸ”čMarket Cap: Matic has a market cap of $8.307 billion, while Optimism ha...

Huobi Launches Second PrimeVote, Handing Listing Rights To HT Holders!

Huobi has launched the second round of PrimeVote vote-to-list event. In this round, we have selected 20 quality projects as our candidates. Stay for three minutes and learn how to join in and vote with HT to share $100,000+ rewards pool.“We know that the key to revitalizing Huobi is to empower HT, and HT can only thrive on Huobi.” “In the future, there will be many big moves around HT, including heavy empowerment, and business cooperation.” H.E. Justin Sun , Huobi Global Advisor🔒 Lock your HT to vote here.🔒 đŸ”čWhat is Huobi PrimeVote? To hand over listing rights to HT holders and empower our community builders, Huobi officially launched another PrimeVote event. The first round was during the World Cup period which was highly successful. In this round, we have selected 20 quality projects as our candidates. Simply lock your HT to earn voting rights and vote for your favorite projects. The project that wins first place will be eligible to list its tokens on Huobi for trading. All participants who voted for the winning project are eligible to win a share of the $100,000+ prize pool. đŸ”čWhat projects can you vote for on Prime Vote 2? You can find all 20 projects up for vote on our Huobi Prime Vote Project Candidate List here. Remember, you can vote for more than one project so make sure to research them all. đŸ”čWhen is the campaign? Voting period starts on Jan 12th at 12:00 (UTC) thru Jan 14th at 12:00 (U...

Secure Your Huobi Account in 7 Simple Steps.

Keeping your Huobi account secure is essential to ensure the safety of your digital assets. In this blog, we will walk you through 7 simple steps to secure your Huobi account and protect your funds from security incidents. đŸ”čStep 1: Create a Strong Password The first step in securing your Huobi account is to create a strong and unique password. Your password should be at least 8 characters long and include a mix of letters, numbers, and special characters. Avoid using easily guessable information, such as your name or birthdate, in your password. đŸ”čStep 2: Enable Two-Factor Authentication Two-factor authentication (2FA) adds an extra layer of security to your account by requiring a code from your phone in addition to your password. To enable 2FA on your Huobi account, go to the “Security” settings and turn on the option for 2FA. Here is the explanation on how to setup this feature on this tutorial here. đŸ”čStep 3: Keep Your Email Secure Your email account is the key to accessing your Huobi account, so it’s important to keep it secure. Make sure to use a strong password and enable 2FA on your email account as well. Be careful not to click on any suspicious links or attachments in emails, as they could be phishing attempts.Huobi Welcome Bonus : HERE đŸ”čStep 4: Do Not Share Your Personal Information Do not share any personal information, such as your login credentials or private key, with anyone. Huobi will never...

Huobi PrimeEarn Launches New Year’s Eve Bash with Up to 20% APY on USDT/USDD Deposits!

Huobi PrimeEarn has been upgraded and will periodically launch passive income products in major virtual assets, offering one of the highest APY in the industry, which is to give back to our users! As the new year is approaching, Huobi is offering users the chance to enjoy multi-million USDT benefits in celebration of the upgrade of PrimeEarn.New To Huobi? Join With A HUGE Welcome Bonus đŸ”čWhat is the Huobi PrimeEarn New Year’s Eve Bash? In this event, participants can get subscription allocations for the USDT/USDD Fixed product in PrimeEarn based on their USDT/USDD deposits in Auto-Invest. The more you deposit, the higher the subscription allocation you can get. đŸ”čWhat is the campaign timeline? From 11:00:00 on Dec 23, 2022 (UTC) until the product is fully subscribed. đŸ”čSubscribe and enjoy up to 20% APY Deposit to USDT/USDD Fixed products to enjoy up to 20% APY đŸ”čWhat are the deposit rules? ◆ The subscription allocations for the above USDT PrimeEarn product will be determined by the users’ deposits in USDT Auto-Invest. The more you deposit in USDT Auto-Invest, the higher the subscription allocation you can get for USDT Fixed. ◆ USDT Auto-Invest deposit calculation period: 16:00:00 (UTC) on Dec 16, 2022–15:59:59 (UTC) on Dec 22, 2022 ◆ Users can subscribe to other products freely in accordance with the product rules. ◆ Example: If User A deposits USDT to Auto-Invest between Dec 16, 16:00:00 and De...

HT Burn Completed | Huobi Reveals 266,000 HT Burned in November !

HT Burn Completed | Huobi Reveals 266,000 HT Burned in November ! - Since the launch of our HT empowerment plan, we have been continuously growing with the support of the community. By aligning itself with industry leaders, Huobi is well positioned to make our HT burning mechanism more transparent and refined. More importantly, this report shows that we are constantly reforming HT and growing with the help of the community. đŸ”čWhat is HT? If you would like to know more about Huobi Token please visit our Huobi Learn article here. đŸ”čHow much HT did we burn November? In November 2022, the number of HT burned by Huobi was 266,000 (approx 1,782,000 USDT), up 15.94% compared to October. As of December 15, 2022, the total number of HT burned by Huobi has reached 296.02 million. đŸ”č How do we determine the amount of HT to be burned? Huobi allocates 20% of its revenue to burn HT. This revenue includes the following: trading fees from spot, futures, and OTC trading, as well as coin conversion. To add, interest on isolated margin loans, cross margin loans, margin trading ,and OTC loans are also included. Lastly, withdrawal fees are also calculated in the revenue to determine the total amount of HT to be destroyed. đŸ”č How often is HT burned? We will burn HT quarterly rather than monthly and disclose details to the public regularly, as a part of our efforts to continuously improve the openness and transparency of HT burn. Thi...

Participate in Huobi Earn’s LINK (Chainlink) Staking !

[Tutorial] Participate in Huobi Earn’s LINK (Chainlink) Staking ! - Huobi has rolled out it’s new Chainlink staking offering with the ability to earn like a regular node without all the technical knowledge. đŸ”čWhat is Chainlink? Chainlink is a decentralized oracle network. They describe the on-chain components that Chainlink provides for contracts to gain external connectivity, and the software powering the nodes of the network. They present both a simple on-chain contract data aggregation system, and a more efficient off-chain consensus mechanism. Learn more here đŸ”č Chainlink’s Official Statement The beta version of Chainlink staking mechanism (v0.1) will open Early Access to node operators and eligible addresses with priority access. For node operators, they are expected to get an effective annualized rate of return (ARR) of about 7%. On Dec 8, General Access will be open to community members who stake LINK with an expected effective ARR of about 4.75%. The actual ARR depends on LINK staking. The next staking version (v0.2) will be launched within 9–12 months. By then, v0.1 participants can unlock or migrate their staked LINK and staking rewards. Before the v0.2 version is launched, v0.1 participants cannot unlock staked assets in advance. đŸ”čHow can you participate in Chainlink’s V.0.1 Staking with Huobi? Download the Huobi App here., Click “More” on the Huobi App on the front page of the app by scr...

Huobi Launches Refreshed Brand, Unveils Post-Acquisition Global Expansion Roadmap!

On November 22, 2022, Huobi Global launches its refreshed branding strategy where, going forward, “Huobi Global” will simply be known as “Huobi”. This brand upgrade unveils our global expansion roadmap for the first time after the acquisition by About Capital Buyout Fund last month, which will be followed by a more globalized approach to operations. The new name consists of two Chinese characters“火” and “濅”. The first one represents perpetual vitality and the passing of the same vitality on to future generations in Chinese culture. The second one means the determination to win, which represents our ambition to return to the top 3 exchanges of the industry. In Chinese, the character “濅” can also be seen as an combination of the characters “濃” and “äč‰â€Â , which refer to “heart” and “righteousness”, respectively. The symbolism behind the two Chinese characters means the new Huobi will serve from its heart in providing professional virtual asset management services to global users. This is also reflected in its mission — “Enhancing Asset Safety, Promoting Financial Inclusion”. Meanwhile, the new name also upholds the traditional Chinese virtue of “righteousness”, implements the brand’s philosophy of “Science and Technology for Good”, contributes to the innovation and development of global blockchain and virtual asset technology, and realizes Huobi’s visi...

Participate in the Huobi x 3Commas Giveaway to win a 3Commas plan for 30 days!

Get ready for Huobi × 3Commas Giveaway! This campaign will last for a whole month, which begins on October 13th and runs until November 13th. Follow the simple rules to win a free month of 3Commas Subscription Plans: Connect your Huobi accounts to 3Commas, and trade a minimum of $5,000 USDT Trading Volume in 7 days. The more you trade, the better the plan you can win! — Trade on Huobi with 3Commas to win 30 days of free bot trading!. — — When: 12:00 Oct 13, 2022–12:00 Nov 13, 2022 (UTC). — Note*: Traders must accumulate a minimum trading volume of $5,000 USDT within 7 days to enter. Don’t know about 3Commas Plans? Check them out here đŸ”čHow to connect Huobi Global to 3Commas? Step 1) Log in to your Huobi account, need an account register here. Step 2) Connect To The API Hover over the profile icon on the top right corner, then click “API Management”, Step 3) Name Your Key When you have multiple APIs, a proper name helps to manage it, for example you can name 3Commas as 3Commas or something else to help manage your APIs Step 4) Enable “Trade” permission and click “Create”Note: please don’t add addresses into the IP Whitelist field. Learn more here. Step 5) Read and Accept The Risk Warning Step 6) Enter 2FA codes and click “Confirm” — đŸ„łCongrats, You Now Have Created API keys! - — đŸ”čNow, Connect Huobi to 3Commas - First, Sign up to 3Commas, Next,...


Huobi Token Breaches $7 Marker Following Update On This Planned Coin Unv...

    Huobi Token (HT), a cryptocurrency trading exchange asset with an overall valuation of $868 million, recorded a significant uptick in its price after an announcement made by Justin Sun, the founder of the Tron blokchain. According to data from Coingecko, on November 29, the asset went up by 13% and peaked at $7.22 before entering a correction phase that made it return to the $6 territory. At the time of this writing, tracking from the online crypto information provider indicates the token is changing hands at $6.63, declining by 2.9% during the previous 24 hours. Still, the altcoin is sitting on a 20% gain over the last seven days and has tallied an impressive 44.3% jump for the past two weeks. This momentary surge of the Huobi Token might have been triggered by news of plans to launch a new crypto project. Sun Teases Debut Of Dominica Currency (DMC) Using his Twitter account, Sun - who was recently appointed by Huobi to be a member of a new global advisory board - announced the launch of the Dominica coin. The exchange platform confirmed this development with an official statement, saying that the soon-to-be-released digital asset, which will be called Dominica Currency (DMC), will be introduced to the public via the Huobi Prime – the company’s only platform for token offerings. There was no definite timeline mentioned as to when the new crypto will be available but the Bitcoin exchange said it will be airdropped to their users. Along this line, Huobi also said ... read More

HT Shots Up 7% as Huobi Announced Expansion Plans

    The cryptocurrency exchange Huobi Global plans to expand its global presence by investing in Europe, Southeast Asia, and other regions. The native token of the platform - HT - reacted positively to the news surging by nearly 7% over the past 24 hours. The Expansion Roadmap In a recent announcement, the trading venue revealed a new branding strategy, following which 'Huobi Global' will be known as simply 'Huobi.' The firm disclosed that its primary goal for the near future is to return to the top three biggest exchanges in the world. It also presented plans for a global expansion by investing in numerous areas across the globe, mainly Southeast Asia, Europe, and the Caribbean region. The firm has described the Caribbean as a crypto hub due to its 'welcoming regulatory stance, common law systems, and the use of English language.' As part of the rebranding, Huobi said it will look for and hire talents in the blockchain industry. For its part, the native token - HT - will stay at the heart of the business strategy. HT spiked almost 7% shortly after the news to about $4.7. Nevertheless, the asset, similarly to most cryptocurrencies, is far below its all-time high price of nearly $40, registered in May 2021. Justin Sun Is an HT Whale One of the most popular names in the crypto space - Justin Sun - admitted last month that he is one of the biggest holders of HT. The Founder of Tron claimed he has 'tens of millions' of tokens, saying he started accumulating in 2013. Sun is also part ... read More

Huobi Token (HT) Records Higher Gains When Top Coins Struggle

    The cryptocurrency market is currently experiencing some turbulence, and many coins are struggling to keep up with their peers. However, one coin is bucking this trend and gaining momentum at an impressive rate. Huobi token is on the road to being the most profitable crypto of October. The token has recorded high gains in a market filled with turbulent price actions. Huobi token's exponential profit comes as news of Justin Sun's advisory role at Huobi Capital surfaces. The popular entrepreneur made several bullish remarks about HT on Twitter which caused the token to surge higher.  Huobi is currently enjoying a massive rally. Its current price action shows that it could end the month even stronger than it started. If it can continue to climb, it will likely reach new highs by November. Huobi Token Records Massive Gains in October October is known to be a bullish month for the entire crypto market. It's that one month when every coin experiences a massive increase in value. However, this October has been anything but normal. Many top cryptocurrencies have struggled to maintain their recent gains. Despite coins like Bitcoin and Ethereum starting out strong, they’re still struggling to keep decent gains. Bitcoin even traded below its $19k mark yesterday. Huobi is also one coin that started October on the wrong foot. However, it quickly turned things around and began climbing again. The Huobi Token (HT) is currently trading at $9.26. Looking at its price range since t... read More

Huobi Token Pumps 77% In Seven Days – What's Behind The Rally?

    HT's price shows strength as price cracks 77% gain despite the market displaying uncertainty.  HT bounces from the downtrend as the price breaks out of a descending triangle with strong buy volume.  The price of HT shows bullish signs as the price trades above 50 and 200 Exponential Moving Averages (EMA) with good volume.  The price movement of Huobi Token (HT) is a spectacle to behold after successfully breaking out of its downtrend that has seen the price of Huobi Token (HT) grounded against tether (USDT). Despite the current state of the crypto market facing a new drawback as Bitcoin's (BTC) price dropped from $19,000 to $18,100 as the Consumer Price Index (CPI) suggests an increase in inflation affecting the price of BTC negatively with altcoins affected. HT has been one of the stand-out tokens in this current market run showing so much strength. (Data from Kucoin) Huobi (HT) Price Analysis On The Weekly Chart Given the sharp decline in the crypto market after the release of the CPI news, the market appeared to be manipulated, with Bitcoin (BTC) dropping from $19,200 to $18,200 in hours. The market quickly recovered as most altcoins began to show strength, with HT rallying more after breaking out of its downtrend.  After dropping to a low of $3.5 with what has turned into a tough year for HT and other crypto projects, the price of HT bounced from its downtrend movement as price rallied to a high of $7.9. The price of HT currently trades at $7.6 as ... read More

Justin Sun Says He's One of the Biggest Holders of Huobi Token (HT)

    The Chinese entrepreneur and Founder of TRON Foundation – Justin Sun - claimed he holds 'tens of millions' of Huobi Tokens. He also said his new role as a Global Advisor at Huobi could allow him to accelerate the development of the digital asset. A few days ago, the crypto exchange Huobi launched a Global Advisory Board and invited prominent names from the industry to join it. One of the individuals was Justin Sun, who was 'very honored' to become a member of the organization and aid its future development. The newly-established entity, combined with fresh investment funding and the recent acquisition agreement between Huobi and About Capital, boosted the price of the platform's native cryptocurrency - Huobi Token (HT). Currently, it trades at around $7.90, or nearly 90% up compared to its past week's price. In a recent interview for Bloomberg, Sun revealed he owns massive amounts of the asset, saying he started accumulating in 2013. 'I would see myself as one of the biggest holders' of HT across the globe, he said. The Chinese raised hopes that his position at Huobi will enable him to boost further the development of the exchange's ecosystem and the native token. He also displayed intentions to expand Huobi's presence in China should domestic watchdogs change their hostile crypto stance in the future. Sun stated that his team had been closely monitoring tokens of bankrupt entities such as Celsius Network's CEL. As of the moment, though, they have not decided to inte... read More

Huobi Token Soars 22% Following Latest Developments (Market Watch)

    After yesterday's price dip below $19,000, bitcoin has failed to produce any significant gains and remains stuck around that level. Most altcoins also sit quietly today. Among the few exceptions is Huobi Token, which has skyrocketed by double digits on a daily scale once again. Bitcoin Down at $19K Bitcoin had jumped above $20,500 to mark a three-week high on October 6 but failed to continue upwards and ultimately reversed its trajectory. This came along with the latest US job reports, which, even though beat expectations, pushed BTC south by around $1,000. Although it tried to recover some ground in the following hours, BTC returned to $19,000 once again and even dipped below it yesterday for the first time in over a week. Since then, it has been unable to produce any substantial price gains but still stands north of that line. Its market cap is still at $365 billion, and its dominance over the alternative coins is below 40%. BTCUSD. Source: TradingView HT Takes Main Stage The alternative coins have been quite stagnant lately, and the past 24 hours haven't really changed that trend. Ethereum dipped below $1,300 yesterday, and today's minor increase has not helped the second-largest crypto to go back above that line. Binance Coin, Ripple, Cardano, Polkadot, Shiba Inu, Tron, MATIC, and Solana have remained essentially at the same price points as they were 24 hours ago. Dogecoin is slightly in the green, which was probably caused by the latest adoption from an Elon Musk-spearhe... read More

Huobi Token Spikes Nearly 30% In Last 24 Hours As HT Seen Rising On Revi...

    Huobi has had its ups and downs, just like every other entity in the crypto space. Not surprising. Before the Chinese 2021 ban on cryptocurrency transactions, the COO of the company, Robin Zhu, came under investigation in China for unspecified reasons. The exchange announced it had lost 920 BTC and 8,100 LTC in a Weibo post in 2014.  However, at the time, it was estimated that the exchange may have lost much more - 5,000 BTC and 80,000 LTC. If something like this happened today, it would cost the exchange $95 million in Bitcoin and $4 million in Litecoin. Huobi has also been negatively affected by China's ban on virtual currencies. As a result, About Capital decided to acquire the business on October 8 this year. Several days later, the company made public its decision to establish an advisory board with five participants. Huobi's native token soared following a tweet from Justin Sun, the founder of Tron, who laid down plans for the company's revival. Going For The Green Option Prior to the release of the recovery plan, the price of HT was fluctuating near the $4.3395 support level, which has exhibited strength over the past few months. This support level effectively blunted the market drop from May to June, which saw numerous crypto currencies falter. In August, the token increased by 31% during the course of three days. From August 15 to August 19, the token dropped roughly 21.57%. The following month, the coin pull reversed and form... read More

Huobi Token Price Prediction: Break This And HT Price Could Surge To $10

    Huobi Token (HT) price started a major increase above $5.00 against the US Dollar. It is now facing a major resistance at $6.85, above which it could rally to $10.00. Huobi Token price gained over 50% in a few days and broke the $5.00 resistance. The price is now trading above $5.00 and the 100-day hourly simple moving average. There was a break above a major bearish trend line with resistance near $4.50 on the daily chart of HT/USD (data feed via FTX). The pair could rally further to $10.00 if it clears the $6.85 resistance zone. Huobi Token (HT) Price Rallies over 50% Huobi Token formed a strong base above the $4.00 zone. HT price started a fresh rally above the $4.20 and $4.50 resistance levels. The bulls were able to push the price above the $5.00 resistance and the 100-day hourly simple moving average. During the rally, there was a break above a major bearish trend line with resistance near $4.50 on the daily chart of HT/USD. The price gained pace and was able to clear the 38.2% Fib retracement level of the main drop from the $9.93 swing high to $3.78 low. It is up over 25% in a day (unlike bitcoin and ethereum) and surpassed the $6.00 resistance level. It is now facing a strong resistance near the $6.85 level. The stated resistance is near the 50% Fib retracement level of the main drop from the $9.93 swing high to $3.78 low. Source: HTUSD on The next major resistance sits near the $7.50 level. A close above the $6.85 and $7.50 levels could pump the pri... read More

3 Reasons for Huobi Token (HT) Price Surge Today

    Huobi Token (HT) - the native cryptocurrency of Huobi Global - spiked by approximately 18% hours after Justin Sun confirmed he will take an advisory role in the exchange. The recently announced Global Advisory Board will aim to guide the company's business efforts and expansion plans, as well as receive a fresh investment. Huobi announced the establishment of the new unit yesterday (October 9th) and immediately invited some industry leaders to join it. One of those individuals was the Chinese entrepreneur and Founder of TRON Foundation - Justin Sun. Shortly after, he said he was 'honored' to join the exchange describing it as an 'innovative, vibrant, and resilient organization in its latest chapter of global expansion.' The other four names appointed as advisors in Huobi were Ted Chen (CEO of About Capital Management (HK) Limited), Du Jun (Co-Founder of Huobi Global), Wang Yang (Vice President of the HKUST), and Leah Wald (CEO of Valkyrie Investments). Despite joining the trading venue as an advisor, Sun denied the rumors that he will buy a $1 billion stake in it. Meanwhile, speculations indicated that FTX's CEO - Sam Bankman-Fried - could purchase that chunk of the company. The American, though, rejected this as well in his latest tweet. During the weekend, the company also announced fresh investment funding that should help it stabilize its operations following the recent turmoil. The platform's native token - HT - reacted positively to the news. It jumped from $4 to $5.2 ... read More

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