The year 2024 is destined to be a landmark year in the history of cryptocurrencies, with many industry milestones occurring in 2024, such as the approval and launch of spot ETFs for BTC and ETH, and the newly elected US President Trump strongly supporting the development of the crypto industry. Of course, in this year, exchanges, as the most important part of crypto assets, have also experienced rapid development, and many exchange platform tokens have stood out in the competition, but the truly eye-catching one is $HTX - the core token of the Huobi HTX ecosystem and the HTX DAO. After years of deep cultivation and accumulation, $HTX has ushered in an explosive period, and its performance not only exceeded market expectations, but also gradually became the leader in the platform token track. Relying on a strong brand endorsement, innovative ecosystem layout, and a deflationary economic model, $HTX may become the new star in 2025, attracting great attention from investors.
Market narrative focuses on exchange ecosystem core tokens, with $HTX becoming the core of the new crypto narrative
Recently, the exchange ecosystem token sector has once again become the focus of market attention. On December 4th, Huobi announced the launch of innovative products such as perpetual dynamic interest rate lending, and also initiated a new round of $HTX buyback and burning plan, which received a swift and positive market reaction. $HTX surged over 25% that day, becoming one of the most watched assets on the network. Data shows that the current circulating market cap of $HTX is $902 million, with the price reaching a high of $0.000003596. So far this year, $HTX has seen a maximum increase of 400%, not only outperforming other similar exchange ecosystem tokens, but also surpassing BTC and ETH.
Furthermore, the circulating market cap of $HTX is still far lower than that of $BNB (over $100 billion), leaving huge room for future growth. Holders of $HTX will directly benefit from the continuous expansion of the Huobi HTX ecosystem, as well as the long-term value release of the core exchange ecosystem token.
The reason why $HTX has become the star asset of the crypto market this year is inseparable from Huobi HTX's continuous efforts in product innovation. The rights and benefits enjoyed by $HTX holders include trading fee discounts, Launchpad, Launchpool exclusive access, VIP membership, mainstream coin preferential subscription, and increased staking returns, among others. These benefits have firmly bound user long-term trust, and also laid a solid foundation for the market performance of $HTX.
On the other hand, Huobi HTX has also performed excellently in asset listing this year. Huobi HTX has listed a total of 201 new assets this year. In Q1, amid BTC's rebound, multiple high-quality assets emerged. The Huobi HTX asset team seized the early opportunities of high-quality assets in the MEME and RWA tracks. Huobi HTX was the first to launch WIF and BOME, two early SOLANA MEME track projects. WIF saw a maximum increase of 121 times, and BOME saw a maximum increase of 56 times. In the RWA track, Huobi HTX also launched the high-quality asset ONDO, which saw a stable price increase of 45 times within the year. A total of 1,282 new users were acquired, and 3,079 dormant users were reactivated. In Q2, on the new coin front, Huobi HTX captured high-quality track-leading tokens, including ENA in the DeFi track, IO in the DePin track, and ZK in the Layer 2 track.
In Q3, as the overall market recovered and thrived, Huobi HTX was the first to fully support the SUNPUMP series tokens and community MEME tokens like Neirocto. Among the SUNPUMP tokens, the most outstanding performer was SUNDOG, which surged 37 times after listing. Huobi HTX also successively listed other hot tokens like SUNCAT and SUNWUKONG. In supporting community MEME tokens, the asset team discovered the early high-quality community token nerio, becoming the first exchange to list it. This token reached a maximum increase of 137 times after listing on Huobi HTX.
On the other hand, we also noticed that Huobi HTX has experienced rapid growth in users and traffic this year. According to relevant third-party platform data, the average daily registration of Huobi HTX users has increased 7 times compared to the beginning of the year, the global traffic ranking of the Huobi HTX platform is the fourth, only after Binance, Coinbase, and OKX; the Huobi HTX mobile app ranks first in the finance category in the Google Play and iOS stores in more than 60 countries, and the average user trading volume of the Huobi HTX platform has increased 10 times compared to the beginning of the year, with all user data showing good positive growth, making it a dark horse trading platform in 2024.
Huobi HTX's Accumulation and Breakthrough: Over a Decade of Industry Cultivation, Creating Multiple Drivers for a Leading Platform Token
As one of the earliest globally-oriented exchanges in the industry, Huobi HTX has gradually built a global business network and user base based on over a decade of operational experience. From Asia to Europe, Huobi HTX not only actively expanded its market, but also won a large number of loyal users through localized services. Its brand value has become a benchmark in the industry.
Deflationary Mechanism Drives Long-term Value Growth
The deflationary economic model of $HTX is the key to its strong performance. Huobi HTX uses a portion of its platform revenue to repurchase and burn $HTX tokens, significantly reducing the circulating supply and directly enhancing the scarcity of the token. According to statistics, the cumulative $HTX burn amount is expected to exceed $100 million by the end of 2024. This scale of burning has greatly enhanced investors' confidence in its future value.
$HTX is not only the core asset of the Huobi HTX trading platform, but also the core ecosystem token of the HTX DAO, and is widely used in scenarios such as fee discounts, project voting, and staking finance. Furthermore, through Huobi HTX's global ecosystem cooperation, the use cases of $HTX have been further expanded, gradually forming a value closed loop from a single platform token to a full ecosystem asset. This multi-scenario empowerment brings persistent value growth momentum to $HTX.
In addition, $HTX innovatively launched the "one token, two mining" function, allowing users to participate in both finance and new coin mining with the same token, significantly improving user asset utilization efficiency.
On the other hand, Huobi HTX's newly launched perpetual lending product adopts a dynamic adjustment mechanism, allowing users to flexibly pledge and enjoy real-time changing interest rates, greatly enhancing the liquidity and income potential of user assets.
Market Cycle and Trend Boost: 2025 May Be the Golden Age of $HTX
The cyclical fluctuations of the cryptocurrency market provide strong external driving force for the growth of platform tokens. In 2024, Bitcoin will experience a halving event, ushering in a new bull market cycle. As a veteran exchange platform, Huobi HTX has attracted more attention in this context, and the price of $HTX has also risen accordingly.
1. Positive Feedback Loop of User Growth
Huobi HTX continues to expand its user base through cooperation with global KOLs and communities, and enhances user participation through decentralized governance models like HTX DAO. As the user scale continues to expand, the market demand for $HTX will see exponential growth.
2. Iteration and Optimization of Token Economic Model
Huobi HTX plans to further optimize the economic model of $HTX, including introducing more incentive mechanisms and application scenarios. These innovations will further unleash the potential of $HTX and inject new momentum into its long-term value growth.
3. Huge Room for Market Valuation Correction
Currently, the market cap of $HTX is still undervalued, and its actual value has not been fully reflected in the market price. As the market gradually recognizes its value, the upside potential of $HTX cannot be ignored.
The future is bright, $HTX may become the most dazzling new star in 2025
Huobi HTX has accumulated industry-leading advantages through more than a decade of deep cultivation, and $HTX, as its core ecosystem token, is about to bear fruit. Relying on the deflationary model, multi-scenario applications, and global ecosystem layout, $HTX is expected to become the leader in the platform token track in 2025.
For investors, the current price of $HTX is in a value trough, and the market has not yet fully tapped its growth potential. Holding on for the long term may make you the biggest winner in the future crypto market.
The future is here, $HTX may become the most dazzling new star in 2025.
