{"id":232251,"date":"2024-01-19T12:50:54","date_gmt":"2024-01-19T07:20:54","guid":{"rendered":"https:\/\/dripp.zone\/news\/justin-suns-htx-dao-advances-with-powerhouse-backing-from-huobihtx-tron-crypto-news\/"},"modified":"2024-01-19T12:50:56","modified_gmt":"2024-01-19T07:20:56","slug":"justin-suns-htx-dao-advances-with-powerhouse-backing-from-huobihtx-tron-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/justin-suns-htx-dao-advances-with-powerhouse-backing-from-huobihtx-tron-crypto-news\/","title":{"rendered":"Justin Sun&#8217;s HTX DAO Advances With Powerhouse Backing From HuobiHTX &#038; TRON &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>In a whirlwind of advancements witnessed throughout the cryptocurrency landscape, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/glossary\/justin-sun\/\">TRON founder<\/a> Justin Sun\u2019s HTX DAO appears to have marked a tempest of strides globally as the organization is now poised to receive staggering investments for its ecosystem development. As per a recent statement issued by HTX DAO (Decentralized Autonomous Organization), the firm triumphantly announced its initial batch of ecological builders, nabbing significant attention across the broader crypto market.<\/p>\n<h2>\u00a0Sun\u2019s HTX &#038; TRON Inject Funds Into HTX DAO<\/h2>\n<p>Marking a paradigm shift in the domain of blockchain governance, HTX recently unveiled the launch of its <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/blog\/what-is-a-decentralized-autonomous-organization\/\">DAO<\/a>, named HTX DAO, curating a whirlpool of speculations across the crypto and DeFi realm. With the DAO\u2019s formal inception on January 18, the platform now embarks on its venture to catalyze a more transparent, efficient, and participatory digital economy ecosystem.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<p>Notably, following its inception into the realm of crypto, the organization promptly announced plans for seeding in investments. According to a post shared by the firm on the social media platform X, HTX DAO is all set to receive staggering investments from its first batch of ecological builders, HuobiHTX and TRON.<\/p>\n<p>Aligning with this, Huobi HTX is donating 50% of the crypto exchange\u2019s revenue to the HTX DAO ecological liquidity. Meanwhile, TRON will donate 50% of its funds to draw parallels to Huobi\u2019s donation.<\/p>\n<p>Following this, HTX DAO aims to foster a new era of its ecosystem development, marking a monumental achievement for the platform.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<p>Intriguingly, with the aforementioned chronicle coming into play, market experts are also eyeing TRX, the native token of Justin Sun\u2019s TRON blockchain. As Sun\u2019s crypto and blockchain communities continue to advance further within the crypto space, crypto enthusiasts expect additional bolstered effects on TRX\u2019s price.<\/p>\n<p><strong>Also Read: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/bitcoin-btc-price-can-correct-to-34000-expect-multi-month-stagnation\/\">Bitcoin (BTC) Price Can Correct to $34,000, Expect Multi-Month Stagnation<\/a><\/strong><\/p>\n<h2>TRX Price Drops<\/h2>\n<p>As of writing, the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/price\/tron\/\">TRON price<\/a> portrayed a marginal fall of 0.93% over the past 24 hours and is currently trading at $0.108. However, the token\u2019s weekly chart showcased a slight bump of 0.78%, accompanied by a monthly surge of 6.51%.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<p>Intriguingly, with the recent inception of HTX DAO coming into light, further escorted by the significant investments seeded into the project, the trading volume for Sun\u2019s token also seems to be mirroring market optimism. Over the past day, the trading volume noted an 18.12% surge, reaching $269.55 million, illustrating a growth spurt in the token\u2019s trading activity.<\/p>\n<p><strong>Also Read: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/manta-network-sparks-money-laundering-concerns-in-south-korea-amid-binance-listing\/\">Manta Network Sparks Money Laundering Concerns In South Korea Amid Binance Listing<\/a><\/strong><\/p>\n<p>\u00a0<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<div class=\"m-on mobiless\">\n<div id=\"social-section-new\">\n<p>\u2713 Share:<\/p>\n<p>                                  <a rel=\"nofollow noopener\" target=\"_blank\" class=\"social-text_new wp_new\" href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/coingape.com\/justin-suns-htx-dao-advances-with-powerhouse-backing-from-huobihtx-tron\/\" style=\"display: block\">  <i class=\"fa fa-whatsapp\"\/><\/a><\/p>\n<div>\n                                <a rel=\"nofollow noopener\" target=\"_blank\" class=\"social-text_new tw_new_logo\" href=\"https:\/\/twitter.com\/intent\/tweet?text=https:\/\/coingape.com\/justin-suns-htx-dao-advances-with-powerhouse-backing-from-huobihtx-tron\/\"><br \/>\n  <noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\" class=\"mb-1\" alt=\"coingape\" width=\"30\" height=\"30\"\/><\/noscript><br \/>\n<\/a>\n                                <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>          <!-- \n\n<div class=\"m-on pl-2 pr-2\">\n            \n\n<div class=\"row\">\n            \n\n<div class=\"col-6 pr-2\">\n         \n\n<div class=\"Borderboxies_2 mb-3  fullmobx\">\n             \n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/top-7-crypto-marketing-firms-of-the-year\/?utm_source=abovesidebartabnews&utm_medium=organicarticle\">\n            \n\n<div class=\"SponserdyWebimg_2\"><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\"http:\/\/www.w3.org\/2000\/svg\"%20viewBox='0%200%20834%20833'%3E%3C\/svg%3E\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" data-lazy-src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/15175104\/top_crypto_marketing_agencies.jpg\" ><noscript><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/15175104\/top_crypto_marketing_agencies.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" ><\/noscript><\/div>\n\n\n                \n\n<div class=\"Sponserdtent_2 mt-2\">Top Crypto Marketing Firms \/ Agencies 2023; Here\u2019s Best Picks [Updated]\n <\/div>\n\n\n            <\/a>\n          \n            <\/div>\n\n\n            <\/div>\n\n\n                  \n\n<div class=\"col-6 pl-2\">\n                 \n\n<div class=\"Borderboxies_2 mb-3  fullmobx\">\n             \n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/top-10-web-3-games-to-explore-in-2023-here-list\/?utm_source=priceanalysisbar&utm_medium=organicarticle\">\n            \n\n<div class=\"SponserdyWebimg_2\"><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\"http:\/\/www.w3.org\/2000\/svg\"%20viewBox='0%200%20834%20833'%3E%3C\/svg%3E\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" data-lazy-src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/23134356\/jpg_20221223_134223_0000.jpg\" ><noscript><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/23134356\/jpg_20221223_134223_0000.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" ><\/noscript><\/div>\n\n\n                \n\n<div class=\"Sponserdtent_2 mt-2\">Top 10 Web3 Games To Explore In 2023; Here List\n <\/div>\n\n\n            <\/a>\n          \n            <\/div>\n\n\n            <\/div>\n\n\n                <\/div>\n\n\n        <\/div>\n\n                    --><\/p>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA175249\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<!--\n                                      \n\n<div class=\"getAuthoname\">\n                                          \n                                                                                 \n                                       <\/div>\n\n \n--><\/p>\n<p>CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.                         <\/p>\n<\/p><\/div>\n<div class=\"author_Image\">\n                                             <img loading=\"lazy\" alt=\"\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" data-lazy-srcset=\"https:\/\/secure.gravatar.com\/avatar\/452042cc86ff4d4cff7e64f282bd5358?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" data-lazy-src=\"https:\/\/secure.gravatar.com\/avatar\/452042cc86ff4d4cff7e64f282bd5358?s=200&#038;d=mm&#038;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/452042cc86ff4d4cff7e64f282bd5358?s=200&#038;d=mm&#038;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/452042cc86ff4d4cff7e64f282bd5358?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                       <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD175249\">\n<p>  The presented content may include the personal opinion of the author and is subject to market condition. 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The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n<p><!-- \n\n<div class=\"container p-1 mb-3  mt-4 \">\n    \n    \n     \n\n<div class=\"Maintitle clgrn border-0\">\n               <span>Crypto Stories<\/span>\n                    \n                    \n                    <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/web-stories\/\" class=\"viewAll p-0\">View all<\/a>\n                <\/div>\n\n\n     \n\n<div class=\"row mobileXS \">\n                     \n          \n\n<div class=\"item col-md-4\"> \n        \n\n<div class=\"Newseducation\">\n         \n\n<div class=\"Eduimg WduImg\">\n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/web-stories\/digital-rupee-vs-cryptocurrency-5-key-differences\/?utm_source=post&utm_medium=web-story\">\n            \n\n<div class=\"edIm StoryWebimg\"><img loading=\"lazy\" width=\"640\" 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charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a whirlwind of advancements witnessed throughout the cryptocurrency landscape, TRON founder Justin Sun\u2019s HTX DAO appears to have marked a tempest of strides globally as the organization is now poised to receive staggering investments for its ecosystem development. As per a recent statement issued by HTX DAO (Decentralized Autonomous Organization), the firm triumphantly announced [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":223014,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[188,183,185,186,187,184,189,150,182,190],"class_list":["post-232251","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-blockchain-tech","tag-blockchain-technology","tag-crypto-technology","tag-cryptocurrency-technology","tag-metaverse-technology","tag-nft-technology","tag-soul-bound-token","tag-tech","tag-technology","tag-token-technology"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/232251","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=232251"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/232251\/revisions"}],"predecessor-version":[{"id":232252,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/232251\/revisions\/232252"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/223014"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=232251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=232251"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=232251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}