The HTX token is the fuel for the HTX DAO ecosystem. It grants holders voting rights, access to exclusive features, and potential fee discounts. The value of the HTX token is directly tied to the success and adoption of the HTX DAO ecosystem.
HTX DAO is not limited to a single blockchain. It’s deployed on multiple chains, including Ethereum, Tron, and Binance Smart Chain. This multi-chain approach increases accessibility and interoperability for users and developers.
Article Coverage: HTX Token Performance, HTX Price Prediction Today, HTX Price Prediction 2024-2030, About HTX DAO and HTX Token, Is HTX a Good Investment?
| Last 7 days | +16.5% |
| Since Launch | -5.9% |
HTX has been making progress in the last 24 hours. What are the Signals and Predictions?
UTC: Feb 22nd, 2024 03:50 AM
| Overall Outlook | Neutral |
| 1. Market’s Wisdom | Neutral |
| 1a. Market Data | Neutral |
| 1b. Technical Recommendation | Neutral |
| 2. Crowd’s Wisdom | Neutral |
| 2a. Social Media Buzz | Steady |
| 2b. Social Media Sentiment | N/A |
HTX after being rejected just below $0.0000030 went almost on the verge of crashing below $0.0000010. HTX has found stable support at $0.00000152 and after the price consolidation, HTX is on the uptrend. HTX now has a psychological resistance at $0.0000020 and for it to make a significant recovery, HTX will need to clear this resistance.
A breakout above $0.0000020 will likely increase the chances of the HTX price reaching $0.000025 and retest the resistance at $0.0000027 before breaking above $0.0000030. At the moment, this looks likely as there is a significant surge in the trading volume of the asset.
The technical indicators reflecting the outlook of HTX are now positive. The trade recommendation for the asset is to buy.
Net Buy Rating = Buy% – Sell%
The HTX token embodies the ethos of the HTX DAO. It serves as a governance token on HTX DAO. HTX token holders possess the liberty to acquire, delegate, and exercise their voting rights in the decision-making process.
HTX DAO stands for Huobi Token Exchange DAO, a decentralized autonomous organization (DAO) built to govern the HTX cryptocurrency and its surrounding ecosystem.
HTX DAO operates without traditional hierarchical structures, relying on community-driven decision-making. HTX token holders can propose and vote on proposals that affect the future of the ecosystem, from development roadmap changes to fee structures.
HTX DAO aims to transform HTX into an open platform for various decentralized financial (DeFi) services, not just a cryptocurrency exchange. This could include lending, borrowing, staking, and other financial products built on top of the HTX blockchain.
Here are the official addresses of the HTX token on various blockchains at the time of its launch:
Whether HTX DAO is a good investment depends on individual financial goals and risk tolerance. However, here are a few factors that can be considered before investing in an HTX token:
HTX DAO offers a unique opportunity to participate in the decision-making process of a cryptocurrency ecosystem. This can be appealing to individuals who value transparency and community ownership. HTX DAO’s vision of building an open platform for DeFi services has the potential to disrupt traditional financial systems. This could lead to significant growth and value creation for HTX token holders.
HTX DAO has partnered with established players in the crypto space, which could lend credibility and accelerate its growth. HTX DAO’s presence on multiple blockchains increases its accessibility and potential user base.
As with any cryptocurrency, HTX is a volatile asset with a high risk of loss. The success of HTX DAO is dependent on various factors, including technology adoption, regulatory environment, and competition. HTX DAO is still in its early stages of development, and its long-term success is uncertain. The DeFi space is crowded with competitors, and HTX DAO will need to stand out to attract users and developers.
HTX coin has an initial supply of 999,990,000,000,000 tokens. Here is a breakout of the total HTX token distribution:
HTX tokens can be purchased from both centralized and decentralized exchanges.
Centralized Exchange: Steps
Currently, HTX is available for trade on the Poloniex exchange.
Decentralized Exchange
Using the decentralized swaps, HTX tokens can be purchased from Sun.io. Here are the contract address for making on-chain HTX transactions:
Chainsecurity has audited the HTX contract. It did not find any severity in the project. However, there is no information about the KYC Verification and the Owner/Core team information on the official website of HTX.
The governance control of HTX DAO is in the hands of HTX token holders.
HTX DAO does not function as a traditional registered company. Instead, it is a collective assembly of token holders who operate under the governance of a set of smart contracts meticulously designed on the blockchain.
Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions. Follow us on Twitter
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