HT Token Supply vs. Price
HT Token Supply vs. Price
The Huobi Exchange has published 19 destruction records of HT Token.
In just eight months, the total supply has decreased by 7 percent.
The trend line shows that the decreasing supply and the increasing scarcity have a direct impact on the token price.
The Price trend line also shows that the price is likely to continue to rise in the future.
The exchange is actively developing futures trading and it is likely that the exchange’s profit will not decrease even in the falling market, but it’s a subject for another analysis.
The next major token destruction will take place on January 15.
15% of quarterly revenue will be burnt. Another 5% of quarterly revenue will be allocated to repurchase and burn a portion of HT Team Incentive Rewards, thus ensuring they no longer re-enter the secondary market.
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