Huobi announces that it will burn USD 48.6 million worth of tokens in June – QNT Press Release

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London, July 17, 2021 /PRNewswire/ – Huobi Global, one of the world’s leading digital asset exchanges, announced today that it has burned 3.797 million Huobi tokens (HT), worth approximately 48.6 million USD June as part of the Huobi token destruction plan.

According to the latest monthly HT operation report, the average price of HT burned this time is about 12.80 USDT, maintaining the high deflationary trend of the previous few months. The deflation rate reached 1.58% in June. The number of HT holders also increased by approximately 3.65% from the previous month.As July 15, 2021, The current total HT is 226.65 million, and the total circulation is 177.799 million HT.

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