HT surges by almost 8% amid Huobi Token conversion start
Cryptocurrency exchange token HTX Huobi Token (HT) rose almost 8% amid news of creating a decentralized autonomous organization (DAO). According to a message on the exchange website, conversion of HT into HTX tokens began on Jan. 22 with the main goal of the transition to create an autonomous DAO, which will allow users to influence the development of the trading platform. According to CoinMarketCap, at the moment the price of HT dropped by more than 8% – from $1.86 to $1.72. However, the value of the token has since recovered to $1.90. The increase over the past 24 hours so far totals a 7.8% increase. Source: CoinMarketCap According to the blog post, users can convert old HT tokens into new HTXs until Jan. 25, 2025. This can be done through the mobile application or the desktop version of the crypto exchange. HTX coin holders will receive several benefits. In particular, for them, the commission for spot trading will be reduced by 25% and for futures trading ...