If you’ve ever wondered, “what is the market cap of HT,” you’re not alone. Market capitalization is a fundamental metric in the world of cryptocurrency, offering a window into the scale, stability, and perceived value of a digital asset. For Huobi Token (HT), understanding its market cap is crucial for anyone considering investment, trading, or simply tracking the evolution of exchange tokens.
Defining Market Cap: Why It Matters
Market capitalization in crypto is calculated as the product of the current token price and the circulating supply. This figure is more than just a number—it’s a reflection of market confidence, liquidity, and the token’s role within its ecosystem. For HT, the native token of the Huobi exchange, market cap also signals the health and prospects of one of the world’s most influential digital asset platforms.
What is the Market Cap of HT as of April 2025?
As of April 2025, the market cap of HT is reported at approximately $60.67 million, based on a price of $0.37 and a circulating supply of 162.23 million tokens1. Other sources, factoring in price fluctuations, suggest the market cap could be as high as $95 million, especially when the token trades closer to $0.593.
| Date | Market Cap (USD) | Circulating Supply (HT) | Price per HT (USD) |
|---|---|---|---|
| April 2025 | $60.67 million | 162.23 million | $0.37 |
| April 2025 | $95.25 million | 162.23 million | $0.59 |
The Role of HT in the Huobi Ecosystem
HT is more than just a tradable asset. As the backbone of the Huobi exchange, it offers:
- Trading Fee Discounts: Holders enjoy reduced fees, making HT attractive for active traders.
- VIP Status and Rewards: Users can purchase VIP plans with HT, unlocking further benefits and incentives.
- Governance Participation: HT holders have a say in key decisions regarding the exchange’s future.
- Token Burns: Huobi regularly buys back and burns HT, reducing supply and aiming to support the token’s value over time.
Factors Impacting the Market Cap of HT
When considering “what is the market cap of HT,” it’s essential to look beyond the numbers:
- Exchange Performance: The success of Huobi Global directly impacts HT’s demand and price. Increased trading volumes, new features, and global expansion can all drive up the market cap.
- Tokenomics: The ongoing token burn mechanism reduces supply, theoretically increasing scarcity and supporting price appreciation.
- Market Sentiment: Like all crypto assets, HT’s market cap is sensitive to broader trends, regulatory news, and investor confidence.
Historical Context: From Peak to Present
HT’s journey has been marked by dramatic highs and lows. At its zenith during the 2021 bull market, HT’s market cap exceeded $1 billion. Since then, macroeconomic shifts and changing market dynamics have led to a significant retracement, mirroring the broader altcoin landscape.
Future Projections: Where is HT Headed?
Analysts remain divided on HT’s long-term prospects. Some forecasts predict a gradual recovery, with potential for the market cap to rise if Huobi continues to innovate and attract users. Others caution that increased competition and regulatory scrutiny could limit upside. Nonetheless, the deflationary tokenomics and the exchange’s ongoing development efforts provide a foundation for future growth.
Summary Table: HT Market Cap and Key Metrics
| Metric | Value (April 2025) |
|---|---|
| Market Cap | $60–$95 million |
| Circulating Supply | 162.23 million HT |
| Price per Token | $0.37–$0.59 |
| All-Time High Market Cap | $1.4 billion (2021) |
What is the Market Cap of HT Today?
To answer the question “what is the market cap of HT”: as of April 2025, Huobi Token’s market cap is in the range of $60–$95 million, depending on real-time price movements and data sources. This valuation reflects both the challenges and opportunities facing exchange tokens in a dynamic market. As Huobi continues to evolve and adapt, the market cap of HT will remain a vital indicator for investors and observers alike, offering insights into both the token’s intrinsic value and its role within the global crypto ecosystem.