The cryptocurrency that grew by 27% per day is named

The value of the Huobi centralized exchange’s native cryptocurrency, Huobi Token (HT), increased by 27% per day. The reason for the sharp rise was the acquisition of a controlling stake in the Huobi exchange by About Capital Management. At the time of writing, the digital asset is trading at $ 6.44.

As for the market capitalization of HT, it has reached $ 1 billion, allowing the token to take the 48th line of the world ranking of the best cryptocurrencies. Over the past day, Huobi Token’s trading volume amounted to $ 80.42 million. Among the other cryptocurrencies in the top 100 by market capitalization, none managed to add more than 10% in price over the past 24 hours.

Hedera token (HBAR) was in second place in terms of daily growth, rising by 8.45%, which brought significant profits to short-term investors. The HBAR rate reached $ 0.063, and its capitalization was fixed at $ 1.45 billion.

The third line in the profitability ranking went to Convex Finance (CVX), whose quotes amounted to $ 5.73. This is 3.64% higher than the previous day. The total capitalization of the token is $ 388.7 million.

TerraClassicUSD (USTC) and ApeCoin (APE) are in the worst situation at the time of writing. USTC’s value fell by 11.07% ($ 0.049), and APE’s by 7.53% ($ 4.7). Despite the drop, the USTC price is 57.62% higher than a week ago.

As a reminder, yesterday the value of the fraudulent cryptocurrency TerraClassicUSD increased by 57%, reaching a one-month high. This happened after the Terraform Labs community accepted the proposal of Tobias Andersen, a senior developer at Bitcoin Suisse AG, to re-peg the coin to the US dollar.