On January 18, US President-elect Trump officially issued his official meme coin, $TRUMP. In just 12 hours, the market value of TRUMP coin soared to $20 billion, setting a record for the fastest growth in cryptocurrency history and setting off a boom in the crypto market. Huobi HTX launched $TRUMP as soon as possible and held an X Space open mic with the theme of Trump Memes Popular Value Interpretation that night, attracting more than 11,000 users to participate. Huobi HTX Global Advisor Justin Sun shared many insights at the event, which attracted industry attention.
Trumps coin issuance sparked heated discussions: from regulatory friendliness to industry competition
Justin Sun pointed out that Trumps coin issuance has undoubtedly injected a shot in the arm for the industry: The issuance of $TRUMP has brought market activity and also created certain competitive pressure on Meme assets such as DOGE. This event is of great significance, especially for the US regulatory environment, as it sends a friendly signal. After the president issued the coin, the difficulty of law enforcement against the crypto industry will be further increased. And it is entirely possible that the United States will use Bitcoin as a strategic reserve asset.
At the same time, he said that Trumps issuance of currency may inspire traditional Internet giants to join the game: In the future, companies such as Facebook and Apple may also be involved in the encrypted exchange business, and the competitive pressure in the industry will increase significantly.
Justin Sun reaches cooperation with Trump team and is optimistic about the AI Agent track
In November 2024, Justin Sun invested $30 million in the Trump family cryptocurrency project World Liberty Financial (WLFI), becoming the largest investor in the project. In response, Justin Sun said, We have reached a cooperation with Trump. WLFI will also be issued on TRON, and we will announce that TRX will be used as a reserve asset. Huobi HTX will also be launched as soon as possible.
Justin Sun believes that the significance of Trump and his familys involvement in the crypto industry far exceeds their personal gains. This is an industry recognition and also lays the foundation for confidence in the future development of crypto assets.
Justin Sun is very optimistic about the AI Agent track and believes that AI will have a profound impact on DeFi, NFT, Gamefi and other tracks, especially the combination with DeFi, forming the new concept of DeFAI. Currently, Huobi HTX has launched AI-related assets such as GRIFFAIN (GRIFFAIN), NEUR (neur.sh), and BUZZ (HIVEAI).
HTX DAO: A pioneering practice in the integration of CEX and DEX
HTX DAO has just completed the destruction of $HTX in the fourth quarter of 2024 , with a value of over $22.47 million. So far, the cumulative donation and destruction of $HTX and TRX tokens has reached $95.22 million. It is reported that HTX DAO will destroy 50% of Huobi HTX revenue every quarter. Therefore, the event also discussed in depth the innovative practices of HTX DAO. Its transparent destruction rules, community management and clear future strategic direction provide a new example for the industry. The uniqueness of HTX DAO is also reflected in this:
1. Clear destruction rules: HTX DAO is one of the few projects in the industry that directly links platform revenue and performance to the destruction mechanism. Most other platform coins lack clear destruction rules, while HTX DAO returns real income to the community, ensuring the transparency and responsibility of platform operations and setting an industry example.
2. Community and decentralized governance: HTX tokens are not only a functional tool, but also a symbol of a decentralized community. Huobi HTX is operated in a community-operated manner, listening to the voice of users, taking every proposal seriously, and ensuring that governance is promoted under the premise of compliance. This open and transparent management model will attract more projects and exchanges to join HTX DAO.
3. Future strategic direction: In the future, HTX DAO will closely integrate the platforms sponsorship activities and other strategic initiatives with HTX tokens through in-depth discussions and collaboration with community members. At the same time, HTX DAO has a clear understanding of the trend of CEX and DEX integration and is moving in this direction. The uniqueness of Huobi HTX is that it operates CEX in a DEX manner, which not only maintains the advantages of efficient centralized management, but also gradually achieves the goal of decentralized governance.
Justin Sun emphasized: The existence of HTX DAO not only represents Huobi HTXs exploration of technology and ecology, but also demonstrates our commitment to community co-building. In the future, we will work with community members to promote HTX DAO to become a benchmark in the industry through collaboration and innovation.
Huobi HTXs launch of Trumps official meme coin $TRUMP is not only an exploration of new asset layout, but also a deep link to the global market. Combined with HTX DAOs decentralized concept and technological innovation, this event will further promote the close cooperation between the platform and the community and jointly lead the industry change. In the future, under the background of gradually clarifying global supervision, Huobi HTX will work with community members to shape a new chapter in the industry with an open and win-win attitude.
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