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Wicked Jump: 60% and more for Huobi Token [HT] and Holo [HOT] in the past week!



Wicked Jump for Huobi Token and Holo
Source: Pxhere

Although the markets are down and everything has dropped by 7-8% in the past 24 hours, the biggest gainers over the past week have been Huobi Token [HT] and Holo [HOT]. Bitcoin [BTC], Ethereum [ETH], Ripple [XRP] and virtually all other cryptocurrencies in the Top 20 have had a bearish week with a possible bull breakout mood being thwarted again when Bitcoin dropped from $7700 back to $7300.

Although multiple influencers and economists have predicted a possible bull breakout with Bitcoin’s prediction at $20K or more by this year-end, the question in the community remains, when will Bitcoin hit $10K?

Huobi Token [HT], going against the flow of the market, at press time had witnessed a 16.64% jump in the past 24 hours and a huge 69% jump this past week. HT is currently trading at $5.98 to a token with a market cap of $298 million.

Huobi had recently announced their plan to launch new cryptocurrency backed exchange-traded fund [ETF] which according to the community has opened doors for institutional investors. A large part of the recent HT tokens was traded in the Huobi/USDT pair on Huobi. They are the only exchange supporting HT. With a large $198 million in trading volume in the past 24 hours, all skeptical comments about a possible pump-and-dump were proven wrong.

Holo [HOT], on the other hand had shown a huge 110% jump in one hour and a 95% jump over the week. With a trading volume of only $1 million in the past 24 hours, many suspected that this could possibly be a pump-and-dump. Holo during the jump was trading at $0.001936 to a token with a market cap of $257 million.

Holo, according to many from the coding community consider Holo’s code to be a clean and neat project with the structure and vision to change things. HOT, however by the time article was being concluded dropped dramatically and lost all its gain in a matter of few hours.

HOT at press time was dropped from the 62nd positioned and went on to trade below the Top 100 mark. It was trading at $0.000930 to a token which is a 100% drop in just a few hours. Holo [HOT] is currently available to trade in exchanges like IDEX, Hotbit, Fatbtc and a few other exchanges.

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Andrea Pierre Jackson is a contributing News writer at AMBCrypto from December 2017. She has previous writing experience with major publishing houses in the UK and the US. Andrea currently does not hold any position in any cryptocurrency or its projects



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