Huobi Token (HT) is the Huobi Global exchange’s native cryptocurrency. The exchange was established in China in 2013. However, it moved its operations there for Seychelles’ more accommodative financial and crypto regulations. It is a member of a class of cryptocurrencies known as exchange tokens. Huobi users received Huobi Token in 2018 as part of a unique giveaway program that gave tokens away for free to platform users.
Out of the 500 million HT available, 300 million were given to Huobi users, 100 million were reserved for platform rewards and operations, and the remaining 100 million were given to teams as incentives. Following the giveaway, users could trade it and take advantage of the opportunities the Huobi Token created on the Huobi platform.
Huobi Token’s price today is $5.30, with a market capitalization of $ 812 million and a 24-hour trading volume up by 8.89%. Now it stands at $10 million. At the same time, the circulating supply is approximately 153,357,694 HT.
Source: Coinmarketcap
Since HT has been exhibiting a downward trend, we assume that during the relevant time period, similar market segments were not very well-liked.
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According to Cryptopredictions.com, HT can go $10 by June 2026. Let’s assume that you invest a modest $100 in Huobi Token today.
According to today’s price, which is $5.30, you will have approximately 18.89 HT. If Huobi Token’s price hits $10 in the next few years, your $100 will become approximately $188.9. Let’s say you bought $100 worth of HT coins today. With the current rate, you will have approximately 18.89 coins. However, you can potentially make approximately $189 when it reaches the $10 mark.
Disclaimer: This is not investment advice. Please do your due diligence before investing in any asset.
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