According to @EmberCN, the HTX exchange has completed its second-quarter token burn for the year, removing 11.8 trillion HTX tokens from circulation, valued at approximately $22.17 million. The transaction has been verified on-chain. This burn is part of HTX's established mechanism where 50% of the platform's quarterly revenue is used to buy back and destroy HTX tokens. This deflationary event is significant for traders as a reduction in total supply can potentially impact the token's market value.

According to Eric Cryptoman, HILO, a leading decentralized options market with a deflationary model and real token utility, remains undervalued with a market cap under $10 million despite over four years of development (source: Twitter/EricCryptoman, June 19, 2025). Traders should note that Q3 2025 may present a breakout opportunity for HILO, especially as decentralized finance (DeFi) and options trading gain traction. The low valuation and established track record position HILO for potential significant price movement, making it a project to watch for crypto traders seeking emerging DeFi assets.