Huobi Token ICO successfully finished, ICO sale started in Jan 2018 and have raised $300,000,000, sale finished on 28 Feb 2018, Huobi Token ICO price was 1.52. Huobi Token currently sits below all exponential moving averages. To find out more, https://cryptolisting.org/ read our dedicated guide on how to buy cryptocurrencies in general. To fulfil these functions, Huobi has attempted to keep HT’s value reasonably stable. To curb inflation, the company allocates 20% of profits for a token buyback program.
about Huobi
Wealth distribution is an important factor to consider when researching a cryptocurrency. It refers to the percentage of the total supply of the cryptocurrency held by the top wallet addresses. Compared to other crypto coins which started the same year as Huobi Token it has below-average trading volume, average volume for the how to begin bitcoin mining for newbies other 829 coins started in 2018 is $10M while HT has $1M. The Huobi Token is a special token used to pay for fees and utilities on the Huobi exchange platform. Using the Huobi Token enables key features on the Huobi platform, such as the purchasing of VIP levels which enables users to save up to 50% in transactions fees.
Track Huobi Token price in real time, including market cap, volume, chart and all important HT coin stats for today
- The third resistance level is located even higher at $2.71.
- In 2018, Huobi launched its native cryptocurrency, Huobi Token (HT), and became a publicly listed Hong Kong company.
- To fulfil these functions, Huobi has attempted to keep HT’s value reasonably stable.
- We also gather additional information from different sources to ensure we cover all necessary data or events.
The Huobi ecosystem uses a distributed architecture and anti-DDoS protection system to bolster security. In addition, 98% of the currency is stored in a multisig cold wallet. The exchange also uses a risk control system dubbed “Don’t Be Evil” to ensure the safety of users’ accounts and assets. After its launch, 60% (300 million coins) were allocated among the users of the exchange and the company kept aside 40% (200 million coins) in reserve. ⚠ Trading cryptocurrencies involves risk, and may not be suitable for all investors.
What was the price at ICO?
Complete cryptocurrency market coverage with live coin prices, charts and crypto market cap featuring coins on 810 exchanges. Huobi was founded in 2013 by Leon Li, a former computer engineer at Oracle. It has since expanded into public chains, digital asset trading and wallets, mining pools, proprietary investments, incubation, and digital asset research. In 2018, Huobi launched its native cryptocurrency, Huobi Token (HT), and became a publicly listed Hong Kong company.
Thus, if you had invested $100 during the ICO, it would currently be valued at only $42.38. If you are new to crypto, use the Crypto.com University and our Help Center to learn how to start buying Bitcoin, Ethereum, and other cryptocurrencies. Huobi BTC (HBTC) is an Ethereum-based, ERC-20 standard token.
HT tokens can be traded on decentralized exchanges and centralized crypto exchanges. The most popular exchange to buy and trade Huobi is Uniswap V2 (Ethereum), where the most active trading pair HT/WETH has a trading volume of $6,800.68 in the last 24 hours. Huobi Token (HT) is the native token of the cryptocurrency exchange Huobi Global. It is a decentralized digital asset based on the Ethereum blockchain and is ERC-20 compliant. HT’s value is in part reliant upon the reputation of the Huobi crypto exchange, yet other factors also have an impact. Huobi Global is a cryptocurrency exchange that was founded in China in 2013 and is now based in Seychelles.
It has a circulating supply of 8,969 HBTC coins and a max. Huobi Token (HT) is a cryptocurrency, launched in January 2018, There are more than 14 crypto tokens built on top of it. Huobi Token (HT) Price today is $0.6442, for the last 24 hours 1,942,022 HT coins were exchanged with a trading volume of $1,250,968.
The trading volume of Huobi (HT) is $1,221,210.64 in the last 24 hours, representing a 38.60% increase from one day ago and signalling a recent rise in market activity. The decision to create its own token led to an increase in the exchange’s capitalization. The token also helped to encourage users to remain loyal to the platform by offering them exclusive advantages through its various functions. Currently, 1.20M of HT were traded within 24 hours of time. In other words, 1.20M have changed hands within the past 24 hours through trading. A high market capitalization implies that the asset is highly valued by the market.
Cryptocurrency prices can be volatile and unpredictable, and may be influenced by various factors, including market manipulation, regulatory changes, and technological developments. Analysis was done on daily data, so all moving averages, RSI, etc.., were calculated on a daily Huobi Token price chart. To see more analysis and outlook, please check the Huobi Token price prediction page. HT coin is currently traded on 7 exchanges which we include in our platform. If you’re looking way to buy it, you can find step-by-step instructions on the how to buy Huobi Token page. Compared to today’s exchange rate, HT cryptocurrency price is down by -55.96% so, An investment of $100 now would have been worth $44.04.
Following the trend of Binance, which began enabling direct token sales via its initial exchange offering (IEO) launchpad, Huobi unveiled its competing platform Huobi Prime in March 2019. It first launched in January 2018, hot on the heels of the release of a native token on rival crypto exchange Binance. Having its own token allows Huobi to build a flexible marketing strategy in order to attract new users and further grow its platform. We collect market trading data for Huobi Token from 03 Feb 2018, and shows that the lowest rate ever recorded was in Apr 2024, which was 3 days ago, when Bitcoin was worth only $0.586.