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Huobi has been burning HT since the start of 2019, giving the token a heavy cashflow support. Unsurprisingly, this has led to a surge in the token’s price, up 330% from the end of 2018.
Huobi generated wealth for its users through more than just token appreciation. The exchange rewarded users with millions through airdrops, FastTrack give-aways, and even free blockchain smartphones.