Why is HT Coin Priced Lower Than Other Platforms (HT Coin Outlook)

Why is HT Coin Priced Lower Than Other Platforms? In order to facilitate user understanding of this question and assess its impact and value on the platform, let’s first understand what the popular trading platform is through the official website:

https://www.huobichain.com/

HMT, codenamed HDC (HyperHotcoin), is a cryptocurrency issued on the blockchain network. It is pegged 1:1 to Bitcoin and achieves decentralized computation through smart contracts. It also uses a liking reward mechanism to encourage users to join the ecosystem.

Currently, two projects are being tested on the testnet: the first one is an ERC-20Token similar to an ICO project launched on the Ethereum mainnet, and the second one is an application specifically designed for developers: a DeFi application deployed on Ethereum. These three protocols are community-driven and have open-source code.

In addition to these, there is another type of platform, such as UniSwap and Curve. They are completely open-source products with no technical or legal requirements. These products can be listed on exchanges for free, but due to the lack of KYC and anti-money laundering measures, they cannot enter the market. Therefore, they cannot be widely accepted as alternatives to third-party custody service providers.

HT Coin Outlook

According to HT news, according to Huobi market data, as of 15:30 today, HT is temporarily priced at $6.54, with an intraday increase of 13.6%. At the same time, the Huobi platform trading pair HB/USDT has also opened for deposits and withdrawals.

It is reported that HT is a comprehensive service provider based on blockchain technology and distributed storage. Currently, more than 300 application scenarios have been using the platform codenamed huobitoken (abbreviated as humbtoken). Its business scope includes digital asset lending, payment settlement, online travel, and other financial services.