Huobi Token (HT) has gained 130% against Bitcoin in the last two weeks
The native cryptocurrency of the same-named worldwide exchange, Huobi Token, has increased in value relative to Bitcoin by 130% during the past two weeks. With constant encouragement from Justin Sun, the new head of Huobi, HT is rising without pausing or correcting itself.
Huobi Token (HT) Surprises Again After Going 130% Against Bitcoin
After the shocking news of Justin Sun taking over as Huobi’s CEO and his declaration of ambitions to increase HT’s capabilities and make it one of the top three exchanges in the world, it appeared that the original HT euphoria had subsided. After a 90% increase, the cryptocurrency appeared destined for at least a correction. However, the price of HT has increased once more during the past two days, and since Friday, it has increased by 16%.
We will merge #TRON and #BitTorrent Chain ecosystem with Heco. We will deploy sufficient capital to encourage all Heco developers to build on #TRON and #BitTorrent Chain together. Let’s build!
— H.E. Justin Sun🌞🇬🇩🇩🇲🔥 (@justinsuntron) October 14, 2022
One of the most significant announcements made recently was the union of Justin Sun’s TRON and BitTorrent networks with Huobi’s Heco network, along with a financial investment to foster cooperation between the networks’ creators.
When FTT reached the $3 billion milestone, and BNB reached $44 billion, HT’s market capitalization was $1.3 billion. The scale of the potential upside is evident if Sun’s intentions materialize outside of his imagination. This is simply a possibility, though.
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