Huobi Token Price Prediction: HT Price Forecast

July 23, 2020

Price Prediction

Sean Korbett

What is Huobi Token (HT)

Huobi Token (HT) is a native token of the Huobi Global exchange platform. HT is based on the ERC-20 algorithm, operates on the Ethereum blockchain and its emission is strictly limited to a fixed total of 500-million tokens.

With the help of the internal token, the Huobi platform implemented a loyalty program for users. HT can be used to buy VIP status which provides discounts and other goodies to its members. The company also uses tokens for voting on the Huobi Autonomous Digital Asset Exchange (HADAX).

Today Huobi Token is among the TOP-20 cryptocurrencies by market capitalization.

Huobi Token Statistics

Source: CoinMarketCap, Data was taken on 23 July 2020.

Huobi Token achievements and future plans

During 2019 the Huobi exchange has implemented a lot of updates and innovations. Regarding the Huobi token, the company has completed the burn of all HT repurchased in the year 2019. 

What to expect in the future?

Huobi future plans to further increase the token’s utility for the broader blockchain and crypto community. Improvement will include HT margin trading with up to 2X leverage and collateralized HT for peer-to-peer crypto lending and pledged loan contract assets.

Huobi Token Technical Analysis

Source: Tradingview, Data was taken on 23 July  2020.

Huobi Token Price Prediction 2020

TradingBeasts Huobi Token price prediction

The Huobi Token average price is forecasted as $3.88883 (-9.56%) per coin by the beginning of this August. By the end of December 2020, HT expected maximum price will reach $4.87916 (+13.47%), while the minimum price could be around $3.31783 (-22.84%).

Huobi Wallet investor price prediction

According to Wallet investor’s forecasting, Huobi crypto has a positive trend in the future and might be good for long-term investing with earning potential up to $5.348 in one year (+24.37%). The Wallet investor says that Huobi Token’s maximum price will be around $3.571 per coin by the end of the year (-16.95%).

Crypto-Rating Huobi Token price prediction

Crypto-Rating suggests to the HT holders to monitor the price movement near the crucial areas on the chart and wait for an opportune moment to take a long position.

DigitalCoinPrice HT price prediction

According to DigitalCoinPrice Huobi Token price will increase in the future. By the end of December 2020, HT may reach $7.84 as a maximum price (+81.91%).

Where to buy HT coin

Huobi Token (HT) is available for exchange on StealthEX with a low fee. Follow these easy steps:

✔ Choose the pair and the amount for your exchange. For example BTC to HT.

✔ Press the “Start exchange” button.

✔ Provide the recipient address to which the coins will be transferred.

✔ Move your cryptocurrency for the exchange.

✔ Receive your coins.

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The views and opinions expressed here are solely those of the author. Every investment and trading move involves risk. You should conduct your own research when making a decision.

July 23, 2020