Huobi Token (HT) Price Spikes by 21% After Justin Sun Reportedly Purchased Exchange

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$HT rallies by more than 20% after Tron founder announces his role in Huobi

Later on, reports appeared about Sun making a speech to all Huobi employees. He stated that his work would revolve around Huobi Token HT and that it would not return to the Chinese market.However, Sun has not purchased the exchange.

According to Huobi, Sun entered the consultative board of the exchange, and he will act as one of the five advisors of the company.Considering the fact that Sun will be officially working on bringing more value to the exchange's token, it is not yet clear what steps the founder of Tron is willing to take in order to bring more attention and use cases to the token.

 

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