Huobi Token Rises 75% as Justin Sun Calls for Exchange Token Empowerment

According to statistics from the charting website TradingView, the native coin of Huobi Global has surged more than 70% since Monday, hitting a four-month high of $7.60.

This comes after Justin Sun announced his participation in Huobi’s global advisory board last week. 

“We believe that empowering HT is the key to rejuvenating Huobi, and HT can only flourish on Huobi,” Tron creator Justin Sun tweeted Monday. “There will be many major actions surrounding HT in the future, such as brand upgrading, heavy empowerment, and commercial collaboration.”

Given the overall market slump and persistent macroeconomic uncertainty, that’s a remarkable performance. And it has elevated HT to the top of the list of the best-performing above $1 billion market cap crypto over the last seven days.