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Huobi Token (HT) Rose Over 10.6% in Last 24 Hours, Market Analysts Believe Ecosystem Strengthening Expectations

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Summary: Huobi Token (HT) rose over 10.6% in last 24 hours, with the price peaking at $10.21 USDT. The largest gain was over 36.7% from a recent low of $7.47 USDT on July 21. Market analysts believe that the reason for the recent strong performance of HT prices, on the one hand, is behind the revenue ...

Huobi Token (HT) rose over 10.6% in last 24 hours, with the price peaking at $10.21 USDT. The largest gain was over 36.7% from a recent low of $7.47 USDT on July 21. Market analysts believe that the reason for the recent strong performance of HT prices, on the one hand, is behind the revenue of Huobi Global continuing to improve. The monthly repurchase and burn of HT token has reached tens of millions of dollars.

At the same time, HECO Chain's recent developments have also strengthened expectations. From the time that HT began to rise, the decentralized trading platform Hswap had also officially launched on the HECO chain on July 21. The appearance of the platform helped further expand the application scenarios for HT. Currently, Hswap has secured a multi-million dollar seed round funding from Huobi Ventures.

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