HTX trading volume jumps 393.5% during the HTX Frenzy campaign

crypthub

7 days ago

Frenzy Campaign Highlights

The $HTX Frenzy event ended on May 15 with a 100,000 USDT prize pool. Nearly 30,000 users registered, and 93.6% kept active asset holdings. Daily average holdings rose 318.1% and spot‑trading volume jumped 393.5% versus pre‑campaign levels. The surge occurred despite broader market caution, signaling confidence in $HTX’s long‑term value.

Token Market Momentum

$HTX has posted eleven straight weeks of price gains, breaking above its 60‑week moving average. This sustained rally reflects strong user confidence and heightened participation. The upward trend suggests robust upward momentum in the secondary market. Market data as of May 18 confirms the token’s solid performance.

Ecosystem Expansion

HTX DAO accelerated development by completing a Q1 token burn, removing over 10.83 trillion $HTX from circulation. $HTX was designated the exclusive fee‑deduction utility token, linking massive trading volume to real demand. Initiatives like the HTX Genesis Hackathon attract developers and projects, reinforcing the ecosystem’s growth flywheel. These catalysts position $HTX for continued long‑term vitality.