On the night of Sun Yuchen, all tokens surged overnight, and $HTX may be the next wealth code.

CN
5 months ago

Perhaps cryptocurrency users can look forward to what Sun Yuchen said on social media: everything is just beginning.

Overnight, Sun Yuchen's tokens surged across the board. As of December 4th, 8:34 AM, both TRX and SUN saw daily increases of over 50%. Additionally, TRX and HTX reached new highs, peaking at 0.4497 USDT and 0.000003596 USDT, respectively. The SunPump ecosystem was particularly strong, with FOFAR increasing by over 100%, and MUNCAT and SUNCAT both rising by around 80%.

TRX=XRP?

It all started with a tweet from Sun Yuchen: TRX, the next XRP.

Just as people were joking and speculating about this content, TRX's momentum surged like that of XRP before, reaching a new high of 0.4497 USDT.

Sun responded by saying: Six years have passed. Still here. Still BUIDLing. Everything has changed, but one thing remains the same: TRON is still a strong contender in the top 10 of the cryptocurrency market.

Crypto KOL MMCrypto stated that TRX breaking a 7-year historical high deserves respect. It is one of the few cryptocurrencies that has beaten Bitcoin over multiple cycles! He also mentioned that he would wait for a long-term entry opportunity.

Presto Research analyst Min Jung analyzed that (Korean) political events may have played a role in TRON's rise, but the increase is unlikely to be entirely driven by that event. It could also be part of a broader "Dino rotation," where traditional cryptocurrencies like XRP have been rising under current market conditions.

0×Moon analysis indicated that TRX, as the token of the TRON public chain, benefits from TRON's strong stablecoin assets, so even when the ecosystem seemed underdeveloped, it would continue to rise. Additionally, the empowerment of Meme Season has further increased the potential for TRX to rise.

He concluded that a careful study reveals that the performance of Sun Yuchen's series is always the most stable, with the least decline during bear markets.

$HTX may be the next wealth code

Exchange platform tokens have always been a strong and stable sector. Although Sun Yuchen has been very active and noticeable, $HTX has remained relatively low-key and has quietly reached an all-time high in the past few days.

Data shows that this morning, $HTX peaked at 0.000003596 USDT, setting a new historical high. The token has increased nearly 350% since hitting a low of 0.0000008 USDT in early August this year.

Why is $HTX worth paying attention to? Crypto KOL Evans.eth analyzed three reasons:

1. Cancellation of $HTX subsidies has perfectly controlled the circulating market value.

The inflation pressure of $HTX has significantly decreased, and the circulating supply has tightened, further optimizing the supply-demand relationship. In the long run, this provides a solid foundation for the price increase of $HTX.

2. Mining and financial management are integrated, allowing multiple mining with one token, reducing operational difficulty.

The Huobi HTX ecosystem is fully integrating the barriers between mining and financial management, allowing users to enjoy a "multiple mining with one token" profit model just by holding $HTX. Higher returns and simpler operations!

This not only improves the efficiency of users' capital utilization but also enhances the actual use cases and attractiveness of $HTX. Directly locking up $HTX allows users to enjoy multiple benefits!

3. Sun Yuchen is about to make a move, and loyal fans have already benefited.

We are currently at the beginning stage of a bull market, and the Huobi HTX ecosystem is about to welcome an important turning point for capital inflow. $HTX is undoubtedly a star player in this feast. Sun Yuchen once again demonstrates his precise control over the market, with every move attracting significant attention.

Additionally, Evans.eth stated that by optimizing user experience and lowering operational thresholds, $HTX is becoming a core force driving the development of the Huobi HTX ecosystem. The trend of significant capital inflow has already emerged, and directly holding $HTX may become the first choice for users. As the Huobi HTX ecosystem continues to improve, the use cases for $HTX are continuously expanding. From payments, mining, and financial management to more innovative scenarios, the value of $HTX will be further amplified within the ecological loop.

He concluded that the trend of $HTX has already outpaced other mainstream coins, becoming one of the indicators for the start of the bull market. In the future, $HTX is expected to become the focus of capital pursuit, ushering in a new wave of price increases.

Bull market prices may exceed expectations; everything is just beginning

HTX and TRX continue to set historical highs. Crypto Squirtle, founder of Australia's largest Chinese cryptocurrency community, commented that Sun Yuchen is indeed quite skilled. Evans.eth also stated that Sun Yuchen has never lied; it just wasn't the bull market yet.

As for the future direction of the bull market, Sun Yuchen revealed in a media interview that 2025 will be a significant year. The four-year cycle in the cryptocurrency industry is quite evident, and now it is compounded by favorable factors such as Trump's election and regulatory friendliness. He also admitted that he would not predict prices, as they can sometimes exceed expectations.

Perhaps cryptocurrency users can look forward to what Sun Yuchen said on social media: everything is just beginning.

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