Press Release.
The second stop of the HTX DAO "Trust Tour" in China was successfully concluded on December 13, 2024. The event was hosted by HTX DAO and co-organized by the SUNDOG community, Balance and HTX, and invited well-known figures such as Jiang En, founder of the China DOGE Association, Cheng Qian from the DOGE community, and Molly, spokesperson for HTX DAO. Attendees discussed key topics such as the development of the Dogecoin ecosystem, investment opportunities, and emerging cryptocurrency trends.
HTX DAO Partners with Dogecoin Community to Create a Meme-Friendly Exchange
$DOGE has once again attracted attention, thanks to favorable news about Donald Trump's election as US President and Elon Musk's key role in shaping political and economic decisions in the Trump administration. Since its creation in 2013, Dogecoin has experienced multiple market cycles. With its current momentum, some predict that it could exceed its previous highs and reach a market value of $100 billion, potentially regaining its position as the most important meme coin in the cryptocurrency space.
The popularity of $DOGE shows that traditional indicators such as market capitalization are no longer the only indicators of value. "Meme" culture is becoming more and more important. The cooperation between HTX DAO and the Dogecoin community is more than just a simple connection, but also symbolizes a broader movement towards a decentralized ecosystem, pushing boundaries and exploring infinite possibilities.
During the event, Cheng Qian and Mo Li expressed their common goal: to cooperate in key areas such as community governance, R&D and ecological applications to promote a more open and inclusive decentralized ecosystem. This cooperation aims to provide greater value and innovation to global users while establishing a win-win cooperation model in the cryptocurrency industry.
Planned collaborations include:
Enhanced cross-community interaction and engagement: Joint events, online and offline exchanges, and active participation on social platforms will strengthen the connection between the two communities.
Optimizing decentralized governance: The collaborative initiative will improve decentralized governance mechanisms and establish a more transparent and effective decision-making process. This includes innovative governance proposal pathways, equity distribution, and key decision-making to ensure that the opinions and interests of all community members are taken into account.
Expand the practicality of $DOGE and $HTX: The collaboration will focus on enhancing the ecosystem value of $DOGE and $HTX. More efforts will be put into enhancing the practical application of $DOGE and $HTX, such as promoting cooperation within the Web3 ecosystem, expanding use cases in more payment scenarios, and deeply integrating into the DeFi field.
Cheng Qian and Molly also stated that they will work together to make HTX a more popular and beneficial exchange, provide support for users interested in Memecoin, and promote the sustainable growth of the Memecoin ecosystem.
Building and sharing the crypto space: HTX DAO and HTX are committed to advancing the industry
During the event, Molly shared the latest developments of HTX DAO and $HTX.
She reported that $HTX has recovered significantly from its lowest point of $0.0000008 in early August this year, reaching a peak of $0.000003596. Currently, there are 695,540 $HTX holders, of which more than 164,000 are held on the HTX platform. The number of $HTX users holding more than $100,000 has increased by 110%, and the number of large holders has increased by 268%. HTX has also established 138 strategic partnerships.
As a core builder of HTX DAO, Molly explained that earlier this year, some people sold $HTX due to their lack of understanding and trust in the 50% destruction mechanism and platform governance, which is critical to the health and long-term growth of HTX DAO. Those who kept their faith and viewed market adjustments as opportunities have benefited from their faith.
Molly also highlighted the rapid transformation of the cryptocurrency industry and its impact on the global financial landscape. With the gradual development of innovation and clearer regulatory frameworks in recent years, she emphasized that the cryptocurrency space is at a critical juncture, moving towards a more open, connected and sustainable direction. HTX DAO and HTX believe that the future belongs to everyone, not just a few, and continued exploration and collaboration are essential to the foundation of this ecosystem.
She emphasized that HTX DAO and HTX are committed to advancing the industry and working with all co-builders to create an open, transparent, and fair cryptocurrency future for everyone.
The event ended with a lively banana auction, symbolizing the spirit of community. The auction attracted the attention of the entire audience, with everyone competing fiercely for the banana. The highest bid of 65 million $HTX was made by an elementary school girl, who proudly stated in an interview after the auction: "I am also a Bitcoin holder," triggering laughter and applause, reflecting the enduring blockchain spirit and the enthusiasm of the new generation.
About HTX DAO
As a multi-chain decentralized autonomous organization (DAO), HTX DAO demonstrates an innovative governance approach. Unlike traditional corporate structures, it adopts a decentralized governance structure composed of a diverse group of people working together to succeed the organization. This unique ecosystem advocates openness and encourages all DAO participants to come up with ideas that can promote the development of HTX DAO.
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