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Review on Huobi Token by m ali
Huobi, one of the leading cryptocurrency exchange by volume, has created its…
Huobi, one of the leading cryptocurrency exchange by volume, has created its own native token, Huobi Token (HT), in the same fashion as other cryptocurrency exchanges, such as Binance and Kucoin. The value of the token is highly tied to the performance of the Huobi.Pro exchange and its affiliates, but more extensively to the coin’s supply and demand drivers within the Huobi ecosystem. With Binance Coin (BNB) being valued at more than $1.5 billion and KuCoin Shares at $300 million, can Huobi Token (currently valued at $132 million) see similar growth? We believe so. Great Project. I want to invest in that
Pros
- The houbi token has a good price base. The volatility is not high compared to the market today
Cons
- There has been wide rumour of fake volumes, wash trading and price manipulation about the exchange.
