The Huobi Token (HT) recorded 64% gains, rising from a local bottom of $3.70 on Nov. 13 to a price of $6.06 at the time of press.
Following a run on FTX, that culminated in the exchange filing for Chapter 11 bankruptcy, cryptocurrency token prices have had a torrid time in recent weeks.
However, green shoots of recovery are presenting as the industry attempts to move forward from the scandal. The HT is one such offering leading the charge to recovery.
(by Samuel Wan)
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