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HTX DAO’s “Confidence Journey” Second Stop a Success: Partnering with DOGE Community to Build an Open and Inclusive Crypto Ecosystem

19 gru 2024 Czas czytania: 5 min
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HTX DAO Partners with Dogecoin Community to Create a Meme-Friendly Exchange

$DOGE has once again garnered attention, fueled by the favorable news of Donald Trump’s election as U.S. president and Elon Musk’s key role in shaping political and economic decisions in Trump’s administration. Since its inception in 2013, Dogecoin has weathered several market cycles. With its current momentum, some predict it could surpass previous highs and hit a market cap of $100 billion, potentially reclaiming its position as the most significant meme coin in the crypto space.

The popularity of $DOGE suggests that traditional metrics, such as market capitalization, are no longer the sole indicator of value. “Meme” culture has become increasingly significant. The collaboration between HTX DAO and the Dogecoin community represents more than a simple connection; it signifies a broader movement toward decentralized ecosystems, pushing boundaries and exploring unlimited possibilities.

During the event, Cheng Qian and Molly stated their mutual objective: collaborating on key areas like community governance, R&D, and ecological applications to foster a more open and inclusive decentralized ecosystem. This partnership aims to deliver greater value and innovation to global users while establishing a model for win-win cooperation within the cryptocurrency industry.

The planned collaborations include:

1. Enhancing Cross-Community Interaction and Engagement: Joint events, online and offline exchanges, and active engagement on social platforms will strengthen ties between the two communities.

2. Optimizing Decentralized Governance: Collaborative initiatives will refine decentralized governance mechanisms, establishing a more transparent and effective decision-making process. This includes innovative approaches to governance proposals, equity allocation, and key decisions, ensuring all community members’ views and interests are considered.

3. Expanding the Utility of $DOGE and $HTX: The partnership will focus on elevating the ecosystem value of $DOGE and $HTX. More efforts will be made to enhance the practical application of $DOGE and $HTX, such as promoting collaboration within the Web3 ecosystem, expanding use cases in more payment scenarios, and driving deeper integration into the DeFi space.

Cheng Qian and Molly also stated that they would work together to make HTX a more welcoming and beneficial exchange for users interested in meme coins, and empower the sustainable growth of the meme coin ecosystem.

Co-Building and Sharing the Crypto Space: HTX DAO and HTX Committed to Driving Industry Progress

During the event, Molly shared the latest developments of HTX DAO and $HTX.

She reported that $HTX has seen a significant recovery from its low of $0.0000008 in early August, reaching a peak of $0.000003596. Currently, There are  695,540 $HTX holders, with over 164,000 holding on the HTX platform. The number of users holding more than 100,000 USDT worth of $HTX has increased by 110%, while the number of large holders has grown by 268%. HTX has also established 138 strategic partnerships.

Molly, as a core builder of HTX DAO, explained earlier this year, that some people sold $HTX due to a lack of understanding and trust in the 50% burning mechanism and platform governance — essential for the healthy and long-term growth of HTX DAO. Those who maintained their belief and saw the market correction as an opportunity, have benefited from their conviction.

Molly also highlighted the rapid transformation of the crypto industry and its impact on the global financial landscape. With innovations and gradual development of clearer regulatory frameworks in recent years, she emphasized that the crypto space is at a pivotal moment, moving toward greater openness, connectivity, and sustainability. HTX DAO and HTX believe the future belongs to everyone, not a select few, and that continued exploration and collaboration are vital to the foundation of this ecosystem.

She stressed HTX DAO and HTX are committed to driving industry development and working with all co-builders to create an open, transparent, and equitable crypto future for everyone.

The event concluded with a lively banana auction, a symbolizing community spirit. This auction captured the attention of the entire audience, with everyone vying for the banana in fierce competition. The winning bid of 650 million $HTX was placed by an elementary school girl, who in a post-auction interview, proudly stated, “I am also a Bitcoin holder,” generating laughter and applause, reflecting the enduring blockchain spirit and the enthusiasm of the next generation.

About HTX DAO

As a multi-chain deployed decentralized autonomous organization (DAO), HTX DAO demonstrates an innovative governance approach. Unlike traditional corporate structures, it adopts a decentralized governance structure composed of a diversified group, jointly committed to the success of this organization. This unique ecosystem advocates openness and encourages all DAO participants to propose ideas that can promote the development of HTX DAO.

Contact Information

Website: www.htxdao.com

Email Address: [email protected]

The post first appeared on HTX Square.

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