CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
Huobi blog 2024-07-17 08:44:17

HTX’s “Trade to Earn” Achievements in Q2: $9 Million HTX Tokens Burned, Driving Platform Value Higher

On July 16, HTX announced that all $HTX repurchased from “Trade to Earn” events in the second quarter of 2024 had been entirely burned. The total amount burned was 7,791,971,428,156 $HTX, equivalent to approximately 9,000,000 USDT (Transaction Hash: 79d65bb23e6172da8a5caeb61ca43f67513e023c347c557e117532566bd142af). The burning of $HTX regulates the market’s circulating supply, increasing the asset’s scarcity, fostering stable value The post HTX’s “Trade to Earn” Achievements in Q2: $9 Million HTX Tokens Burned, Driving Platform Value Higher first appeared on HTX Square .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.