On January 18, the U.S. President-elect Donald Trump officially issued his official Meme coin—$TRUMP. Within just 12 hours, the market value of TRUMP coin skyrocketed to $20 billion, setting a record for the fastest growth in cryptocurrency history and igniting the crypto market. Huobi HTX promptly listed $TRUMP and held an X Space open mic that evening themed "Interpreting the Explosive Value of Trump's Meme," attracting over 11,000 users. Huobi HTX global advisor Sun Yuchen shared several profound insights during the event, drawing industry attention.
On January 18, the U.S. President-elect Donald Trump officially issued his official Meme coin—$TRUMP. Within just 12 hours, the market value of TRUMP coin skyrocketed to $20 billion, setting a record for the fastest growth in cryptocurrency history and igniting the crypto market. Huobi HTX promptly listed $TRUMP and held an X Space open mic that evening themed "Interpreting the Explosive Value of Trump's Meme," attracting over 11,000 users. Huobi HTX global advisor Sun Yuchen shared several profound insights during the event, drawing industry attention. 
Trump's Coin Issuance Sparks Heated Discussion: From Regulatory Friendliness to Industry Competition
Sun Yuchen pointed out that Trump's coin issuance undoubtedly injected a shot of adrenaline into the industry: “The issuance of $TRUMP has brought market activity and created competitive pressure on Meme assets like DOGE. This event is significant, especially for the U.S. regulatory environment, as it releases a friendly signal. After the president issues a coin, the difficulty of law enforcement against the crypto industry will further increase. Moreover, the U.S. could very well consider Bitcoin as a strategic reserve asset.”
At the same time, he stated that Trump's coin issuance may stimulate traditional internet giants to enter the space: “In the future, companies like Facebook and Apple may also venture into the crypto exchange business, significantly increasing industry competition.”
Sun Yuchen Reaches Cooperation with Trump's Team, Optimistic About the AI Agent Sector
In November 2024, Sun Yuchen invested $30 million in Trump's family cryptocurrency project World Liberty Financial (WLFI), becoming the largest investor in the project. Regarding this, Sun Yuchen stated, “We have reached a cooperation with Trump, and WLFI will also issue on the TRON blockchain, announcing that TRX will be used as a reserve asset, with Huobi HTX listing it promptly.”
Sun Yuchen believes that Trump's and his family's involvement in the crypto industry holds significance far beyond personal gains; it represents industry recognition and lays a foundation of confidence for the future development of crypto assets.
Sun Yuchen is very optimistic about the AI Agent sector, believing that AI will have a profound impact on DeFi, NFT, Gamefi, and other sectors, especially in combination with DeFi, forming a new concept called “DeFAI.” Currently, Huobi HTX has already listed AI-related assets such as GRIFFAIN (GRIFFAIN), NEUR (neur.sh), and BUZZ (HIVEAI).
HTX DAO: A Pioneer Practice in the Integration of CEX and DEX
HTX DAO has just completed the Q4 2024 $HTX Burn, with a value exceeding $22.47 million. To date, the total value of donations and burns of $HTX and TRX tokens has reached $95.22 million. It is reported that HTX DAO will burn 50% of Huobi HTX's revenue each quarter. Therefore, the event also deeply discussed HTX DAO's innovative practices, with its transparent burn rules, community management, and clear future strategic direction providing a new model for the industry. The uniqueness of HTX DAO is reflected in the following:
Clear burn rules: HTX DAO is one of the few projects in the industry that directly links platform revenue and performance to the burn mechanism. Most other platform tokens lack clear burn rules, while HTX DAO ensures transparency and accountability in platform operations by giving back real income to the community, setting an industry example.
Community and decentralized governance: The HTX token is not only a functional tool but is also seriously regarded as a symbol of a decentralized community. Operating Huobi HTX in a community-driven manner, listening to user voices, taking every proposal seriously, and ensuring governance is advanced under compliance. This open and transparent management model will attract more projects and exchanges to join HTX DAO.
Future strategic direction: In the future, HTX DAO will closely integrate platform sponsorship activities and other strategic initiatives with the HTX token through in-depth discussions and collaboration with community members. At the same time, HTX DAO has a clear understanding of the trend of integrating CEX and DEX and is moving in that direction. The uniqueness of Huobi HTX lies in operating CEX in a DEX manner, maintaining the advantages of efficient centralized management while gradually achieving the goal of decentralized governance.
Sun Yuchen emphasized: “The existence of HTX DAO not only represents Huobi HTX's exploration in technology and ecology but also demonstrates our commitment to community co-construction. In the future, we will work with community members to collaboratively promote HTX DAO to become a benchmark in the industry through cooperation and innovation.”
Huobi HTX's listing of Trump's official Meme coin $TRUMP is not only an exploration of new asset layouts but also a deep connection to the global market. Combined with HTX DAO's decentralized philosophy and technological innovation, this event will further promote close cooperation between the platform and the community, jointly leading industry transformation. In the future, against the backdrop of gradually clarifying global regulations, Huobi HTX will adopt an open and win-win approach, working hand in hand with community members to shape a new chapter in the industry.
For more exciting discussions, please click the link to review the Space content:
https://x.com/i/spaces/1gqGvNNkbAAGB
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