Trump Meme Coin $TRUMP Ignites Crypto Market, Huobi HTX Hosts 10,000-Person Space with Brother Sun Providing In-Depth Analysis Live
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Trump Meme Coin $TRUMP Ignites Crypto Market, Huobi HTX Hosts 10,000-Person Space with Brother Sun Providing In-Depth Analysis Live
Huobi HTX promptly listed $TRUMP and that evening hosted an X Space open mic event themed "Interpreting the Value of Trump Meme Coins," attracting over 11,000 users.
Navigating Web3 tides with focused insightsOn January 18, U.S. President-elect Donald Trump officially launched his official meme coin $TRUMP. Within just 12 hours, the market capitalization of TRUMP surged to $20 billion, setting the fastest growth record in cryptocurrency history and igniting the crypto market. HTX listed $TRUMP immediately and that evening hosted an X Space open mic session titled "Interpreting the Value Behind Trump's Meme Coin," attracting over 11,000 users. Sun Yuchen, global advisor of HTX, shared multiple insightful perspectives during the event, drawing significant industry attention.
Trump’s Meme Coin Sparks Debate: From Regulatory Friendliness to Industry Competition
Sun Yuchen pointed out that Trump’s launch of a cryptocurrency has undoubtedly injected a strong boost into the industry: “The issuance of $TRUMP has increased market activity and created competitive pressure on other meme assets like DOGE. This event is extraordinary—especially in terms of signaling regulatory friendliness in the United States. After a president issues a coin, enforcement actions against the crypto industry will become significantly more difficult. Moreover, it's entirely possible for the U.S. to adopt Bitcoin as a strategic reserve asset.”
He also stated that Trump’s move could inspire traditional internet giants to enter the space: “In the future, companies like Facebook and Apple may also venture into cryptocurrency exchange businesses, substantially increasing competition within the industry.”
Sun Yuchen Partners with Trump Team, Bullish on AI Agent Sector
In November 2024, Sun Yuchen invested $30 million into World Liberty Financial (WLFI), the Trump family’s cryptocurrency project, becoming its largest investor. Regarding this, Sun said, “We’ve partnered with Trump. WLFI will be issued on TRON, and they will announce TRX as a reserve asset. HTX will list it immediately.”
Sun believes the significance of Trump and his family entering the crypto space goes far beyond personal gains—it represents broader industry recognition and lays a foundation of confidence for the future of digital assets.
Sun is highly optimistic about the AI Agent sector, believing AI will have a profound impact on DeFi, NFTs, GameFi, and other sectors. In particular, its integration with DeFi has given rise to the new concept of “DeFAI.” Currently, HTX has already listed AI-related assets such as GRIFFAIN (GRIFFAIN), NEUR (neur.sh), and BUZZ (HIVEAI).
HTX DAO: A Pioneer in the Integration of CEX and DEX
HTX DAO has just completed its Q4 2024 $HTX token burn, valued at over $22.47 million. To date, the total value of $HTX and TRX tokens donated and burned has reached $95.22 million. HTX DAO allocates 50% of HTX’s quarterly revenue toward token burns. The event featured an in-depth discussion on HTX DAO’s innovative practices, with its transparent burning mechanism, community-driven governance, and clear strategic vision offering a new model for the industry. The uniqueness of HTX DAO lies precisely in the following aspects:
1. Clear Token Burn Rules: HTX DAO is one of the few projects in the industry that directly links platform revenue and performance to its token burn mechanism. Most other platform tokens lack clearly defined burn rules, whereas HTX DAO returns real revenue value to the community, ensuring transparency and accountability in operations and setting a benchmark for the industry.
2. Community-Oriented and Decentralized Governance: The $HTX token is not merely a functional utility but is genuinely treated as a symbol of a decentralized community. Operating HTX through community-led principles—listening to user feedback, seriously considering every proposal, and advancing governance within compliance frameworks—this open and transparent management model will attract more projects and exchanges to join HTX DAO.
3. Future Strategic Direction: Going forward, HTX DAO will deepen collaboration and discussions with community members, closely integrating platform sponsorship activities and strategic initiatives with the $HTX token. Meanwhile, HTX DAO has a clear understanding of the convergence trend between CEX and DEX and is actively progressing along this path. HTX’s distinctiveness lies in operating a centralized exchange (CEX) with the principles of a decentralized exchange (DEX)—retaining the advantages of efficient, centralized management while gradually achieving the goals of decentralized governance.
Sun Yuchen emphasized: “The existence of HTX DAO not only reflects HTX’s exploration in technology and ecosystem development but also demonstrates our commitment to community co-construction. In the future, we will work together with community members through collaboration and innovation to make HTX DAO an industry benchmark.”
HTX’s listing of Trump’s official meme coin $TRUMP is not only an exploration of new asset deployment but also a deep connection with the global market. Combined with HTX DAO’s decentralized philosophy and technological innovation, this event will further strengthen cooperation between the platform and its community, jointly driving industry transformation. Looking ahead, as global regulations gradually become clearer, HTX will embrace an open and win-win approach, working hand-in-hand with its community to shape a new chapter for the industry.
For more highlights from the discussion, click the link below to revisit the Space:
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