Why is the price of Huobi Token up 12% today as rest of the market slumps?

Why is the price of Huobi Token up 12% today as rest of the market slumps?

HT price makes further gains as Huobi Global opens SEAN spot trading, but the rally might be short-lived as technicals flip bearish. Huobi Token (HT) has been up 12% in the last 24 hours and is one of the few cryptocurrencies bucking the general downtrend.Trading at over $7, HT's price is up over 80% since the beginning of this week, which is also its best weekly performance since February 2021.HT/USD daily price chart. Source: TradingViewHT's intraday gains coincide primarily with crypto exchange Huobi Global announcing the opening of Starfish Finance (SEAN) spot trading on its platform.....


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