Huobi Information

Huobi is a prominent cryptocurrency exchange that has established itself as a key player in the digital asset marketplace. With a focus on security and user experience, it provides a wide range of trading options and innovative financial products. The platform's commitment to regulatory compliance and global expansion positions it well for future growth in the evolving crypto landscape.

Huobi

$1.10

  • Current Price $ : 1.095 $
  • Price Change 24h : 0.0384594 $
  • Price Change % 24h : 3.63933 %
  • Market Cap : 174696277
  • Market Cap Change % 24h : 2.79609 %
  • Return on Investment (ROI) : 10.629236005971 %

Overview of Huobi Coin (HT)

Huobi Token (HT) is the native cryptocurrency of the Huobi exchange, one of the largest and most established cryptocurrency exchanges in the world. Launched in 2018, HT was created to support the Huobi ecosystem by providing users with benefits such as trading fee discounts, participation in exclusive events, and governance rights. With a current price of approximately $0.54, HT experienced its all-time high (ATH) of $39.66 back in May 2021, reflecting significant fluctuations in the crypto market.

Historical Performance

The history of Huobi Token is marked by volatility, a common feature in the cryptocurrency space. From its ATH in May 2021, HT has seen a dramatic decline of approximately 98.64%. Despite this downturn, the token achieved an all-time low (ATL) of $0.2079 in June 2024, demonstrating a remarkable recovery with a 159.06% increase since then. This resilience showcases the fluctuating nature of investor sentiment and market conditions affecting HT's price.

Advantages of Huobi Token (HT)

One of the primary advantages of holding HT is the extensive benefits offered to token holders on the Huobi exchange. These include reduced trading fees, early access to new token listings, and exclusive trading opportunities. Moreover, HT holders can participate in the governance of the Huobi platform, influencing decisions that shape the future of the exchange. Additionally, Huobi's strong reputation and large user base contribute to the liquidity and stability of HT.

Challenges and Disadvantages

Despite its advantages, Huobi Token faces several challenges. The most significant disadvantage remains its sharp price volatility, which can deter institutional investors seeking stability. Furthermore, the cryptocurrency market is highly competitive, with many exchanges launching their own tokens. This saturation can impact the unique value proposition of HT. Additionally, the regulatory landscape for cryptocurrencies is continuously evolving, which could potentially affect the operations of the Huobi exchange and, consequently, the value of HT.

Future Prospects

The future of Huobi Token appears cautiously optimistic, provided that the Huobi exchange continues to innovate and expand its services. As the demand for cryptocurrency trading and investment solutions grows, HT could benefit from increased market participation. Moreover, if Huobi can enhance user engagement through novel features and community initiatives, HT could see a resurgence in its market value. However, potential investors should remain mindful of the inherent risks associated with investing in a volatile asset class like cryptocurrency.

Conclusion

Huobi Token is a compelling cryptocurrency that offers various advantages for users of the Huobi exchange, supplemented by a considerable historical performance marked by significant fluctuations. While it has potential for growth, notably from its current standing, investors should proceed with caution, taking into account both the rewards and risks present in the ever-evolving crypto market. With ongoing developments and the broader adoption of cryptocurrency, HT may find its place once again in a recovering market.

from price
$1

General Information

Title
Huobi
Symbol
ht
Whitepaper
-
Website
Community
-
Last Updated
2025-01-21 23:51

Price Data

Current Price $
1.095 $
High 24h
1.11 $
Low 24h
1.004 $
Price Change 24h
0.0384594 $
Price Change % 24h
3.63933 %

Market Data

Market Cap
174696277
Total Volume
48984
Market Cap Change 24h
4751803
Market Cap Change % 24h
2.79609 %
Return on Investment (ROI)
10.629236005971 %

Supply and Availability

Circulating Supply
159406077
Total Supply
201050000
Max Supply
201050000

Historical Data

All Time High (ATH)
39.66
ATH Change %
-97.23659 %
ATH Date
2021-05-12 14:42
All Time Low (ATL)
0.207908
ATL Change %
427.15121 %
ATL Date
2024-06-23 10:25