huobi
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Via Justin Suntron on X
#HuobiHTX faced a #DDoSAttack few minutes ago. "We expect services to be restored within tens of minutes and user assets are safe."
#HuobiHTX faced a #DDoSAttack few minutes ago. "We expect services to be restored within tens of minutes and user assets are safe."
Justin Suntron's Post on #HTXDAO and the Future of Huobi:
In a post by Justin Suntron, he reflects on the challenges and future prospects of centralized exchanges, particularly Huobi, as they launch HTX DAO. After taking over #huobi a year ago, Suntron contemplates the longevity and success of exchanges in the coming decade. He questions the necessity of centralization in exchanges, especially considering the industry's focus on finance and trading.
Suntron emphasizes a shift towards decentralization, community involvement, and democratic autonomy for exchanges. He believes that only by embracing the ideals of the people, community, and decentralized decision-making can an exchange thrive in the evolving blockchain industry. He sees the platform currency, like HTX, as a tool to deepen decentralization, extending beyond revenue repurchases to influence decision-making, governance, and operations.
HTX DAO, according to Suntron, will empower the community with decision-making, governance, and operational capabilities, transforming Huobi into a true people's exchange. He envisions a future where HTX holders have a say in currency listings and eventually become the owners of the platform. Suntron expresses a commitment to making Huobi the first people's exchange, emphasizing decentralization, democracy, and autonomy, all driven by HTX DAO.
As Huobi celebrates its tenth anniversary, Suntron believes that HTX DAO will give the exchange a "second life," making the People's Exchange the core spiritual essence of Huobi. He sees this as a revolutionary step for centralized exchanges, acknowledging the industry's centralization issues and expressing hope that other exchanges will follow Huobi's path towards becoming exchanges for the people. Though recognizing that achieving these goals may take time, Suntron is optimistic that the journey has already begun.
In a post by Justin Suntron, he reflects on the challenges and future prospects of centralized exchanges, particularly Huobi, as they launch HTX DAO. After taking over #huobi a year ago, Suntron contemplates the longevity and success of exchanges in the coming decade. He questions the necessity of centralization in exchanges, especially considering the industry's focus on finance and trading.
Suntron emphasizes a shift towards decentralization, community involvement, and democratic autonomy for exchanges. He believes that only by embracing the ideals of the people, community, and decentralized decision-making can an exchange thrive in the evolving blockchain industry. He sees the platform currency, like HTX, as a tool to deepen decentralization, extending beyond revenue repurchases to influence decision-making, governance, and operations.
HTX DAO, according to Suntron, will empower the community with decision-making, governance, and operational capabilities, transforming Huobi into a true people's exchange. He envisions a future where HTX holders have a say in currency listings and eventually become the owners of the platform. Suntron expresses a commitment to making Huobi the first people's exchange, emphasizing decentralization, democracy, and autonomy, all driven by HTX DAO.
As Huobi celebrates its tenth anniversary, Suntron believes that HTX DAO will give the exchange a "second life," making the People's Exchange the core spiritual essence of Huobi. He sees this as a revolutionary step for centralized exchanges, acknowledging the industry's centralization issues and expressing hope that other exchanges will follow Huobi's path towards becoming exchanges for the people. Though recognizing that achieving these goals may take time, Suntron is optimistic that the journey has already begun.
The Evolution of Exchange Tokens: Binance, Huobi, KuCoin, and WhiteBIT
Over the past year, exchange tokens have continued to play a significant role in the cryptocurrency market, with major exchanges like Binance, Huobi, KuCoin, and WhiteBIT leading the way. These tokens offer various utilities on their respective platforms, including fee discounts, staking opportunities, and participation in exclusive events.
Binance Coin (BNB): BNB remains one of the most dominant exchange tokens. Despite facing regulatory challenges in various regions, Binance Coin has seen consistent utility and demand. Over the past year, BNB has fluctuated in price due to market conditions, but it has managed to retain its strong position in the market. Binance continues to expand its ecosystem, which helps maintain the relevance and value of BNB.
Huobi Token (HT): Huobi Token has faced a challenging year with regulatory scrutiny in China and other regions. However, Huobi has worked on expanding its services globally, which has helped stabilize HT value. The token continues to be integral for users within the Huobi ecosystem, offering benefits like trading fee discounts and access to new token listings.
KuCoin Token (KCS): KCS has had a relatively stable year, with KuCoin consistently growing its user base and expanding its offerings. The token provides its holders with dividends from trading fees collected by the platform, making it a popular choice among KuCoin users. KCS has seen growth in both its value and its use cases over the past year.
WhiteBIT Coin (WBT): Today, August 14, marks the 2nd anniversary of the WhiteBIT WBT coin. Over the past year, WBT has gained significant traction, especially as WhiteBIT has expanded its services and partnerships. The token offers various utilities within the WhiteBIT ecosystem, and its value has been steadily increasing as the platform grows. The 2nd anniversary is a testament to the token’s resilience and the exchange’s commitment to its community.
#BinanceSquareFamily #kucoin #huobi #WhiteBit
Over the past year, exchange tokens have continued to play a significant role in the cryptocurrency market, with major exchanges like Binance, Huobi, KuCoin, and WhiteBIT leading the way. These tokens offer various utilities on their respective platforms, including fee discounts, staking opportunities, and participation in exclusive events.
Binance Coin (BNB): BNB remains one of the most dominant exchange tokens. Despite facing regulatory challenges in various regions, Binance Coin has seen consistent utility and demand. Over the past year, BNB has fluctuated in price due to market conditions, but it has managed to retain its strong position in the market. Binance continues to expand its ecosystem, which helps maintain the relevance and value of BNB.
Huobi Token (HT): Huobi Token has faced a challenging year with regulatory scrutiny in China and other regions. However, Huobi has worked on expanding its services globally, which has helped stabilize HT value. The token continues to be integral for users within the Huobi ecosystem, offering benefits like trading fee discounts and access to new token listings.
KuCoin Token (KCS): KCS has had a relatively stable year, with KuCoin consistently growing its user base and expanding its offerings. The token provides its holders with dividends from trading fees collected by the platform, making it a popular choice among KuCoin users. KCS has seen growth in both its value and its use cases over the past year.
WhiteBIT Coin (WBT): Today, August 14, marks the 2nd anniversary of the WhiteBIT WBT coin. Over the past year, WBT has gained significant traction, especially as WhiteBIT has expanded its services and partnerships. The token offers various utilities within the WhiteBIT ecosystem, and its value has been steadily increasing as the platform grows. The 2nd anniversary is a testament to the token’s resilience and the exchange’s commitment to its community.
#BinanceSquareFamily #kucoin #huobi #WhiteBit
💻 August Price Performance Review of Major Exchange Coins/Tokens
CEXs
Gainers:
HT (Huobi): Up by 27.4%
WBT (WhiteBIT): Up by 4.0%
LEO (Bitfinex): Up by 3.7%
GT (Gate.io): Up by 2.0%
Losers:
KCS (KuCoin): Down by 9.7%
BGB (Bitget): Down by 6.6%
$BNB BNB (Binance): Down by 6.4%
CRO (Crypto.com): Down by 4.8%
OKB (OKX): Down by 2.8%
MX (MEXC): Down by 1.1%
DEXs
Gainers:
$RUNE (Thorchain): Up by 3.2%
Losers:
$1INCH (1inch Network): Down by 28.4%
GNO (Gnosis): Down by 20.9%
JUP (Jupiter): Down by 19.7%
UNI (Uniswap): Down by 12.3%
SUSHI (SushiSwap): Down by 11.9%
LRC (Loopring): Down by 9.5%
OSMO (Osmosis): Down by 6.6%
XLM (Stellar): Down by 4.4%
CAKE (PancakeSwap): Down by 3.0%
Numbers are according to CoinGecko (01.09.2024 - 10:00 UTC).
HT (Huobi) is the champion of the month among CEX tokens, but it is down by 79.4% over the year. The second place goes to WBT (WhiteBIT), which has increased by 102.8% over the year.
RUNE (Thorchain) leads the DEX tokens this month, with a yearly increase of 140.8%.
#CryptoMarketMoves #runecoin #huobi #Write2Earn!
CEXs
Gainers:
HT (Huobi): Up by 27.4%
WBT (WhiteBIT): Up by 4.0%
LEO (Bitfinex): Up by 3.7%
GT (Gate.io): Up by 2.0%
Losers:
KCS (KuCoin): Down by 9.7%
BGB (Bitget): Down by 6.6%
$BNB BNB (Binance): Down by 6.4%
CRO (Crypto.com): Down by 4.8%
OKB (OKX): Down by 2.8%
MX (MEXC): Down by 1.1%
DEXs
Gainers:
$RUNE (Thorchain): Up by 3.2%
Losers:
$1INCH (1inch Network): Down by 28.4%
GNO (Gnosis): Down by 20.9%
JUP (Jupiter): Down by 19.7%
UNI (Uniswap): Down by 12.3%
SUSHI (SushiSwap): Down by 11.9%
LRC (Loopring): Down by 9.5%
OSMO (Osmosis): Down by 6.6%
XLM (Stellar): Down by 4.4%
CAKE (PancakeSwap): Down by 3.0%
Numbers are according to CoinGecko (01.09.2024 - 10:00 UTC).
HT (Huobi) is the champion of the month among CEX tokens, but it is down by 79.4% over the year. The second place goes to WBT (WhiteBIT), which has increased by 102.8% over the year.
RUNE (Thorchain) leads the DEX tokens this month, with a yearly increase of 140.8%.
#CryptoMarketMoves #runecoin #huobi #Write2Earn!
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$WOO is seriously undervalued? Or is it?
$WOO Seriously underestimated? Is that really the case? Let me use the simplest investment research report to tell you. This issue is shorter. I just want everyone to have a simple understanding of WOO. Time: 7 minutes. I compiled some important information and put it in a chart for easy reference and clarity of ideas, including After reading the chart, I believe you already have a basic understanding of the differences between CEX and DEX, advantages and disadvantages, social media, project financing information and WOO’s token economics, but there are still some things that I haven’t expressed in my personal opinion 1/n WOOFi Relying on a relatively low TVL to squeeze into the top 20 trading volume, it shows that it is a stock with great potential 2/n. Not many people have discovered it yet. Buying it when no one cares about it is the best investment in the world. "Only take the money you need", this is what the project team is doing. If a new project wants to rise rapidly in the early stage and surpass the leader, it should spend generously where it should be spent, and save where it should not be spent. It is a rare project that does not do marketing. At least I have only seen it do this so far. 3/n Compared with the CEX platform coins #Bitget #Binance #huobi , $WOO has a larger application scenario, allowing investors to be sure to pledge. , enjoy lower fees and higher profits. Other aspects such as destruction will not be discussed in depth. After all, $BNB also has a destruction system, which is not so useful for comparison. 4/n This project is a great one The point is that it is very considerate of users, minimizing slippage, handling fees and other expenses. It even uses staking $WOO to enjoy 0 spot handling fees on WOO_X. This is very attractive to me, but I don’t know if it will work with Binance also removed the 0 spot fee after it was launched later, but overall it is a very refreshing project. Thank you very much for reading this. I believe you should have a deep understanding of WOO. This is a good chart. The article requires me 4-6 hours of research time every minute. Research is not easy. I hope you like it and help me follow, like and retweet it. If you have any questions, feel free to ask. I hate people who don’t ask questions. Also, follow the official website by the way. If you are interested in this WOO project, please push it ❤️@WOO Network
🔥🔥🔥Justin Sun Burned $50 Million in HT Tokens, Supply Dropped to 110 Million
While the cryptocurrency community is weighing the implications of this on the HT token value and market dynamics, we are watching the aftermath of Justin Sun's bold token burning.
Justin Sun, known for his influence in the cryptocurrency sector, has once again made headlines with a bold move in the market. In a recent announcement, Sun announced that it has launched a significant token burn by consuming $50 million worth of HT tokens. This strategic decision effectively reduced the total supply of HT tokens, leaving only 110 million tokens in circulation.
Token burning is not just an individual event, it is a calculated maneuver within Sun's comprehensive strategy to address the supply and demand dynamics of HT tokens. Sun aims to create shortages by reducing the available supply and potentially increase the value of HT tokens. This move is in line with their continuous efforts to optimize the performance and Sunday position of cryptocurrency projects.
The actions of Justin Sun, one of the most influential figures in the cryptocurrency field, often find repercussions in the market and affect investor sentiment and market trends. Token burning is expected to attract the attention and speculation of investors, traders and enthusiasts who are analyzing the potential impact of the transaction on the HT token ecosystem and the broader cryptocurrency market.
HT Token Value Increase Forecast
Justin Sun's recent token burning has ignited heated discussions within the cryptocurrency community, with investors and enthusiasts closely examining the potential consequences of this. Analysts are actively speculating about the long-term implications of this strategic move on the value and utility of HT tokens.
#JustinSun #huobi @JustinSun #binance
While the cryptocurrency community is weighing the implications of this on the HT token value and market dynamics, we are watching the aftermath of Justin Sun's bold token burning.
Justin Sun, known for his influence in the cryptocurrency sector, has once again made headlines with a bold move in the market. In a recent announcement, Sun announced that it has launched a significant token burn by consuming $50 million worth of HT tokens. This strategic decision effectively reduced the total supply of HT tokens, leaving only 110 million tokens in circulation.
Token burning is not just an individual event, it is a calculated maneuver within Sun's comprehensive strategy to address the supply and demand dynamics of HT tokens. Sun aims to create shortages by reducing the available supply and potentially increase the value of HT tokens. This move is in line with their continuous efforts to optimize the performance and Sunday position of cryptocurrency projects.
The actions of Justin Sun, one of the most influential figures in the cryptocurrency field, often find repercussions in the market and affect investor sentiment and market trends. Token burning is expected to attract the attention and speculation of investors, traders and enthusiasts who are analyzing the potential impact of the transaction on the HT token ecosystem and the broader cryptocurrency market.
HT Token Value Increase Forecast
Justin Sun's recent token burning has ignited heated discussions within the cryptocurrency community, with investors and enthusiasts closely examining the potential consequences of this. Analysts are actively speculating about the long-term implications of this strategic move on the value and utility of HT tokens.
#JustinSun #huobi @JustinSun #binance
The Future of the Metaverse: Cryptocurrencies and Artificial Intelligence
Virtual worlds and the metaverse are attracting increasing attention from both investors and developers. Cypher Capital recently invested $12 million in the SecondLive project, which uses AI technologies to create interactive virtual worlds.
Exchanges like Binance and WhiteBIT are already introducing innovations to support digital assets in the metaverse, while other major players, such as Huobi, are developing solutions for integrating NFTs and tokens.
This opens new opportunities for users who can not only invest but also actively participate in the development of these virtual worlds through secure crypto platforms.
#MetaverseInvesting #CryptocurrencyCulture #huobi #WhiteBit #NFT
Virtual worlds and the metaverse are attracting increasing attention from both investors and developers. Cypher Capital recently invested $12 million in the SecondLive project, which uses AI technologies to create interactive virtual worlds.
Exchanges like Binance and WhiteBIT are already introducing innovations to support digital assets in the metaverse, while other major players, such as Huobi, are developing solutions for integrating NFTs and tokens.
This opens new opportunities for users who can not only invest but also actively participate in the development of these virtual worlds through secure crypto platforms.
#MetaverseInvesting #CryptocurrencyCulture #huobi #WhiteBit #NFT
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#huobi I think about 70% of Binance’s coin holders are from Huobi, right? 😄 Can I blame him if my ex-girlfriend comes back? Seeing that she left us when the situation was turbulent, Huobi must recognize the situation and not bet everything on one throw. A lot of management fees in the picture below have been collected; part of it has been given to charity. There are so many talented people... I don’t know what Huobi’s people think,