Huobi Token (HT) Attracted Attention With Its Sudden Rise! What is the reason for the rise? Interesting Comment from Justin Sun on this Subject!

Bitcoin (BTC) And altcoinWhile the upward wind continues in the 20s, BTC is above $ 36,000.

While there have been significant increases in altcoins along with Bitcoin, one of the most notable is the cryptocurrency exchange. Huobi Token (HT), the native token of HTX happened.

HT, Following a rapid increase in trading volume, its price also increased rapidly and HT rose above $3, its highest level in nearly five months.

HT, which has increased by 20% in the last 24 hours, continues to be traded at $ 2.85 at the time of writing.

At this point, HT, which reached its all-time high of $39 in 2021, broke the 12-month downward trend with the rise.

While wondering the reason behind this sudden rise in HT Tron (TRX) founder Justin Sun, who is also a Huobi consultant He told Coindesk.

On what could be the reason behind the rise of HT, Sun said: “I have no idea why HT is so high.” said.

According to CoinMarketCap data H.T.‘s daily transaction volume increased by approximately 324% in the last 24 hours, reaching 32.2 million dollars, reaching the highest transaction volume since February.

A large portion of HT’s daily trading volume, exceeding 80%, occurred on HTX and HT/USDT The trading pair reached $26 million in the last 24 hours.

*This is not investment advice.