June 05, 2018 476By Robert Johnson
“Investors get the chance to speculate on the success or lack thereof of an entire portfolio of cryptocurrencies, without having to go through the entire cryptocurrency roadmap themselves.”Next, Huobi also announced a new starter fund of around $93 Million that will be used to assist blockchain and cryptocurrency startups within China and South Korea. This sort of generosity is always met very well within the markets, as, people rightfully believe that if they are a part of Huobi at this stage, when they invest in a perfect startup, it’ll make them a tonne of money. Finally, Huobi have expanded international operations through the start of June, applying for a Canadian license in order to facilitate exchange there, and, impressively, kickstarting proceedings to get an office opened up in Brazil. All in all, this news has contributed greatly to the value and market capitalisation of Huobi Token, a currency that really is relishing in the success of these developments and a general good feeling surrounding Huobi at the moment. Of course, the 15% climb for Huobi Token won’t last forever, but within this, Huobi Token is getting noticed and thus, people are starting to talk about it. This can only be a good thing for Huobi on the whole.