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RE: Steemit now trading on Huobi one of China's largest crypto exchanges

in #bitcoin6 years ago

A majority of today’s cryptocurrencies get into the market through an ICO channel. Similarly, a large percentage of crypto investors are only aware of Initial Coin Offering for crypto ventures. However, there are also non-ICO tokens and cryptocurrencies. Huobi Token (HT) is a non-ICO product from one of China’s largest cryptocurrency exchanges, Huobi Pro. While most of the crypto world is getting excited about ICO, Huobi Token is slowly showing the potential that a non-ICO can also have within the market. And why should Huobi token deserve your attention? Well, judging from the token’s performance I do think it does deserve particular attention. Initially, since its inception, the Huobi Pro surged to almost 98% only an hour into trading against the USDT pair. The spike ended once the crypto’s price hit a high of $1.98. The underlying issue is that the overwhelming interest in HT stems from several features of the project that investors see as beneficial. Consequently, I do anticipate these aspects to help further increase the value of the token and hopefully its adoption