Huobi Token (HT) Rises 39% Trying To Push Above Its Resistance Level
- Huobi Token (HT) surged to 39% within a week.
- Huobi Token is the native cryptocurrency of Huobi Global exchange platform.
- It has surged from $7.37 to $10.67 in a week.
The adoption and count of cryptocurrencies are increasing drastically without any fault in its flaw. The crypto market has become popular within a decade and it has gained billions of users. As cryptocurrencies surge in number, even crypto exchanges are growing in number parallelly. Significantly, exchanges also launch their native token to their users which is the beneficiary.
The pattern of the crypto industry allows new entries to the crypto world by offering a wide range of options. Early investors wouldn’t have knowledge about the trading chart so they invest in well-known cryptocurrencies. Thus exchanges offering their native token is a better option for investors to fit in. One such native token of a trading platform is Huobi Token (HT) which surges up to 39% in a week.
Huobi Token (HT) is the native cryptocurrency of the Huobi Global exchange. It was founded in 2018, which facilitates on-platform governance, rewards, and special event access. It became popular among the early investors which let users invest in trading and Initial Coin Offerings (ICOs).
Current Market Status
At the time of writing, the trading price of Huobi Token (HT) is $10.51 with a trading volume of $213,968,354 in the last 24-hours. According to Coinmarketcap, the price value of Huobi Token (HT) has risen to 39% within a week and 13% up in a day. Moreover, it holds the 71st rank and has the current circulating supply of 161,829,295 HT coins.
The chart pattern depicts a bullish run for the past week. The price value of HT has surged from $7.37 to $10.67 within a week. The chart is moving in an uptrend towards its all-time high at $39.66 where the current price is 73% lower. Besides, HT is available in top exchanges such as Huobi Global, FTX, CoinTiger, ZBG, and HitBTC.
However, the Huobi Token users are experiencing a sweet spot as the price chart displays a bullish pattern. The advancements and integration of new features in its ecosystem have supported the price surge of HT. Users expect more highs as the current trading chart is in an uptrend towards its ATH. If the trend continues then it may set up a new ATH in the near future.
The post has appeared first on thenewscrypto.com
Read more: https://thenewscrypto.com/huobi-token-ht-rises-39-trying-to-push-above-its-resistance-level/
Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M
