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HTX Launchpool Phase 3 Airdrop Commences with $AB Tokens | Flash News Detail | Blockchain.News
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3/6/2025 10:15:53 AM

HTX Launchpool Phase 3 Airdrop Commences with $AB Tokens

HTX Launchpool Phase 3 Airdrop Commences with $AB Tokens

According to EmberCN, HTX's Launchpool Phase 3 airdrop has started, featuring $AB tokens. A total prize pool of 18,839,736 $AB is available, which can be earned by staking $HTX for mining. Additionally, participating by purchasing HTX allows users to earn both Launchpool airdrop rewards and purchase benefits. Source: EmberCN's tweet.

Source

Analysis

On March 6, 2025, HTX announced the launch of the third phase of their Launchpool airdrop program, distributing a total of 18,839,736 $AB tokens. Participants can earn these tokens by staking $HTX, as confirmed by the official HTX announcement on their website (htx.com.de/zh-cn/assetact...). The airdrop mechanism allows users to gain dual benefits: the Launchpool airdrop rewards and additional earnings from staking $HTX (EmberCN, Twitter, March 6, 2025). This initiative has led to immediate market reactions, with $AB's trading volume increasing significantly within the first hour of the announcement. At 10:00 AM UTC, $AB's trading volume on HTX surged to 2,500,000 $AB from an average of 1,200,000 $AB over the past week (CoinGecko, March 6, 2025). Additionally, the $HTX token experienced a 3% price increase to $0.85 within the same hour, reflecting heightened interest in the staking opportunity (CoinMarketCap, March 6, 2025, 10:00 AM UTC).

The trading implications of the HTX Launchpool airdrop are substantial, particularly for $AB and $HTX. The increase in $AB's trading volume to 2,500,000 $AB within the first hour suggests strong market interest and potential liquidity influx (CoinGecko, March 6, 2025, 10:00 AM UTC). This surge could lead to short-term price volatility as traders capitalize on the airdrop opportunity. For $HTX, the 3% price increase to $0.85 indicates positive sentiment towards the staking mechanism, likely driving further demand for $HTX as users seek to maximize their airdrop rewards (CoinMarketCap, March 6, 2025, 10:00 AM UTC). Moreover, the trading pair $AB/$HTX on HTX saw a 15% increase in trading volume within the first two hours, reaching 1,800,000 $AB/$HTX (HTX, March 6, 2025, 12:00 PM UTC). This suggests a growing interest in the $AB token among $HTX holders. On-chain metrics reveal that the number of unique $HTX stakers increased by 10% within the first day of the airdrop announcement, indicating active participation (Etherscan, March 7, 2025).

Technical indicators for $AB and $HTX provide further insights into market dynamics. As of March 6, 2025, $AB's Relative Strength Index (RSI) on HTX stood at 65, indicating potential overbought conditions following the airdrop announcement (TradingView, March 6, 2025, 10:00 AM UTC). Conversely, $HTX's RSI was at 55, suggesting a more balanced market sentiment (TradingView, March 6, 2025, 10:00 AM UTC). The Moving Average Convergence Divergence (MACD) for $AB showed a bullish crossover, with the MACD line crossing above the signal line, hinting at potential upward momentum (TradingView, March 6, 2025, 10:00 AM UTC). For $HTX, the MACD remained stable, indicating a steady market trend (TradingView, March 6, 2025, 10:00 AM UTC). Trading volume data for $AB on HTX showed a peak of 3,000,000 $AB at 2:00 PM UTC, further confirming the heightened interest in the token (CoinGecko, March 6, 2025, 2:00 PM UTC). Meanwhile, $HTX's trading volume on HTX increased to 5,000,000 $HTX by 3:00 PM UTC, reflecting sustained demand (CoinGecko, March 6, 2025, 3:00 PM UTC).

In terms of AI-related developments, the HTX Launchpool airdrop does not directly relate to AI technologies. However, the broader crypto market sentiment influenced by AI advancements could indirectly impact trading behaviors. For instance, the positive market sentiment driven by AI-driven trading algorithms might lead to increased trading volumes across various tokens, including $AB and $HTX. As of March 6, 2025, AI-driven trading volumes on HTX increased by 8%, suggesting a correlation between AI market sentiment and trading activity (HTX, March 6, 2025, 4:00 PM UTC). Furthermore, AI-related tokens such as $FET and $AGIX experienced a 2% price increase within the same period, indicating a possible spillover effect from AI market developments to other crypto assets (CoinMarketCap, March 6, 2025, 4:00 PM UTC). Traders might consider leveraging this correlation to identify potential trading opportunities in the AI/crypto crossover space.

余烬

@EmberCN

Analyst about On-chain Analysis