Top 6 Trending Coins on the Huobi Global Exchange
- Ethereum invented the blockchain smart contract idea.
- Dogecoin’s proof-of-work mechanism varies from Bitcoin’s in various areas.
Huobi is one of the major cryptocurrency exchanges situated in Asia, operating since 2013. It has rebranded itself as Huobi Global, a global crypto exchange that supports a broad range of altcoins and stablecoins. Let us take a look at the top 6 trending coins on the exchange.
Bitcoin (BTC)
It has established a worldwide community of millions of fans that develop, invest, trade, and utilize Bitcoin and other cryptocurrencies daily. The birth of the first cryptocurrency paved the way for hundreds of more competitors.
According to CoinMarketCap, the price of BTC at the time of writing is $62,151.76, with a 24-hour trading volume of $32,119,630,724. BTC ranks in the first position on top trending tokens on Huobi Global.
Ethereum (ETH)
Ethereum invented the blockchain smart contract idea. Smart contracts are computer programs that automatically perform steps required to fulfill an online agreement. A trusted intermediary between contractors is eliminated, lowering transaction costs while enhancing transaction dependability.
According to CoinMarketCap, the price of ETH at the time of writing is $4,159.80, with a 24-hour trading volume of $15,234,256,867. ETH ranks in the second position on top trending tokens on Huobi Global.
Dogecoin (DOGE)
Dogecoin’s proof-of-work mechanism varies from Bitcoin’s in various areas, including employing Scrypt. The cryptocurrency has a block period of 1 minute and an unbounded supply, meaning it may be mined indefinitely. You may mine Dogecoin alone or in a mining pool.
According to CoinMarketCap, the price of DOGE at the time of writing is $0.2647 with a 24-hour trading volume of $2,716,982,041. DOGE ranks in the third position on top trending tokens on Huobi Global.
Shiba Inu (SHIB)
The SHIBA INU encourages dog-inspired artists from across the globe to join their SHIBA INU community in the NFT market. SHIBA INU has also set up an Amazon Smile campaign to raise the Shiba Inu Rescue Association funds.
According to CoinMarketCap, the price of SHIB at the time of writing is $0.00004601 with a 24-hour trading volume of $9,994,981,302. SHIB ranks in the fourth position on top trending tokens on Huobi Global.
Solana (SOL)
Solana, known for its blockchains lightning-fast processing rates in the crypto world. Solana’s hybrid protocol reduces transaction and smart contract validation times. Solana’s lightning-fast processing speeds have also piqued institutional attention.
According to CoinMarketCap, the price of SOL at the time of writing is $204.67, with a 24-hour trading volume of $3,602,956,540. SOL ranks in the fifth position on top trending tokens on Huobi Global.
Tron (TRX)
TRON wants to be a place where content producers may directly engage with their consumers. By removing centralized platforms like streaming services, app stores, and music sites, producers hope to save money on intermediaries. As a result, customers may pay less for content. Given its rising digitization, TRON may have a good start in using blockchain technology in the entertainment business.
According to CoinMarketCap, the price of TRX at the time of writing is $0.1026 with a 24-hour trading volume of $2,841,493,807. TRX ranks in the sixth position on top trending tokens on Huobi Global.
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Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M
