PRESS RELEASE
HTX DAO’s “Confidence Journey” made its second stop in China on December 13, 2024, with a successful conclusion. Co-hosted by HTX DAO and co-organized by the SUNDOG Community, Balance, and HTX, the event featured key figures such as Jiang En, founder of the China DOGE Association; Cheng Qian from the DOGE community; and Molly, spokesperson for HTX DAO. Participants engaged in discussions on topics including the development of the Dogecoin ecosystem, investment opportunities, and emerging cryptocurrency trends.
HTX DAO Partners with Dogecoin Community to Create a Meme-Friendly Exchange
The resurgence of $DOGE has captured attention once again, driven by positive news of Donald Trump’s election as U.S. president and Elon Musk’s influential role in shaping political and economic decisions in the Trump administration. Since its establishment in 2013, Dogecoin has endured various market cycles. With its current momentum, some predict that it could surpass previous highs and reach a market cap of $100 billion, potentially reclaiming its title as the most significant meme coin in the crypto space.
The surge in popularity of $DOGE indicates a shift away from traditional metrics like market capitalization as the sole measure of value. The significance of “meme” culture has grown, emphasizing the collaboration between HTX DAO and the Dogecoin community as more than just a connection, but a movement towards decentralized ecosystems, pushing boundaries, and exploring limitless possibilities.
During the event, Cheng Qian and Molly expressed their shared goal of collaborating on areas such as community governance, research and development, and ecological applications to cultivate a more open and inclusive decentralized ecosystem. This partnership aims to deliver increased value and innovation to global users while setting a model for mutually beneficial cooperation within the cryptocurrency industry.
Planned collaborations include:
Enhancing Cross-Community Interaction and Engagement: Joint events, online and offline exchanges, and active participation on social platforms will strengthen the bond between the two communities.
Optimizing Decentralized Governance: Collaborative efforts will refine decentralized governance mechanisms, establishing a more transparent and effective decision-making process. This encompasses innovative approaches to governance proposals, equity allocation, and key decisions, ensuring the consideration of all community members’ views and interests.
Expanding the Utility of $DOGE and $HTX: The partnership will focus on enhancing the ecosystem value of $DOGE and $HTX. More initiatives will be implemented to improve the practical application of $DOGE and $HTX, such as fostering collaboration within the Web3 ecosystem, expanding use cases in various payment scenarios, and deeper integration into the DeFi space.
Cheng Qian and Molly also indicated their intention to collaborate in making HTX a more welcoming and beneficial exchange for users interested in meme coins, supporting the sustainable growth of the meme coin ecosystem.
Co-Building and Sharing the Crypto Space: HTX DAO and HTX Committed to Driving Industry Progress
During the event, Molly presented the latest updates on HTX DAO and $HTX.
She mentioned that $HTX has experienced a significant recovery from its low point of $0.0000008 in early August, reaching a peak of $0.000003596. Currently, there are 695,540 $HTX holders, with over 164,000 holding on the HTX platform. The number of users holding more than 100,000 USDT worth of $HTX has increased by 110%, while the number of large holders has grown by 268%. HTX has also formed 138 strategic partnerships.
Molly, as a core builder of HTX DAO, explained that earlier this year, some individuals sold $HTX due to a lack of understanding and trust in the 50% burning mechanism and platform governance — crucial for the healthy and long-term growth of HTX DAO. Those who stayed firm in their belief and viewed the market correction as an opportunity have benefitted from their conviction.
Molly also highlighted the rapid evolution of the crypto industry and its impact on the global financial landscape. With innovations and the gradual establishment of clearer regulatory frameworks in recent years, she emphasized that the crypto space is at a critical juncture, moving towards greater openness, connectivity, and sustainability. HTX DAO and HTX believe that the future belongs to everyone, not just a select few, and that continuous exploration and collaboration are essential for the foundation of this ecosystem.
She emphasized that HTX DAO and HTX are dedicated to driving industry advancement and collaborating with all co-builders to create an open, transparent, and equitable crypto future for all.
The event concluded with a lively banana auction symbolizing community spirit. This auction captivated the audience, with participants competing fiercely for the banana. The winning bid of 650 million $HTX was placed by an elementary school girl, who proudly declared in a post-auction interview, “I am also a Bitcoin holder,” eliciting laughter and applause, reflecting the enduring blockchain spirit and the enthusiasm of the next generation.
About HTX DAO
HTX DAO is a multi-chain deployed decentralized autonomous organization (DAO) that showcases an innovative governance approach. Unlike traditional corporate structures, it adopts a decentralized governance structure comprised of a diverse group committed to the organization’s success. This unique ecosystem promotes openness and encourages all DAO participants to propose ideas that can drive the development of HTX DAO.
Contact Information
Website:
www.htxdao.com
Email Address:
[email protected]
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