PASS

Huobi Token (HT)

HTX exchange token. Fee discounts and staking rewards.

Ranked 150th of 251 rated tokens. Scoring pass 11 Jun 2026.

Score
98/250
150th of 251
Percentile
40.6%
of the rated universe
Circulating
21.9%
78.1% of value still to vest
Off all-time high
-99.78%
454.5x to recover
HECOERC-20+98 since last pass
01

What the numbers say

HT scores 98 of 250 across the 25-variable framework, which places it 150th of 251 rated tokens and inside the lower half of the set. The framework verdict is PASS.

The score rests on Buyback and Burn 6/10, 23rd of 251, Protocol Revenue 5/10, 37th of 251, P/S Multiple 5/10, 38th of 251 and Vesting Schedule 6/10, 59th of 251.

Against the same universe, HT sits in the bottom third on Regulatory Safety 3/10, 237th of 251, Developer Activity 3/10, 208th of 251 and Holder Concentration 3/10, 197th of 251. These are the variables that would have to move for the verdict to change.

Only 21.9% of HT's maximum supply is in circulation, so 4.57x the current float is still scheduled to arrive. Holding price per token flat while the rest enters circulation implies 78.1% of the fully diluted value sitting ahead of today's holders. That is a heavy overhang: most of the eventual supply has not reached the market yet.

HT trades 99.78% below its all-time high of $39.66. Recovering that level is a 454.5x move, not a 99.78% one, which is the arithmetic most drawdown charts hide.

The framework score gained 98 points against the previous pass (0 to 98). Revisions of this size follow a change in the underlying variables, not a change in price.

02

25-variable breakdown

Each variable is scored 1 to 10 and ranked against every other rated token, so a 7 that ranks 20th means something different from a 7 that ranks 180th. The rank is the part that is hard to get anywhere else.

Cash flow

Cash flow variables for HT, scored 1 to 10 and ranked against 251 tokens
Protocol Revenue
537th of 251
Revenue Trend
3117th of 251
P/S Multiple
538th of 251
Real Staking Yield
482nd of 251

Supply

Supply variables for HT, scored 1 to 10 and ranked against 251 tokens
Supply Inflation
561st of 251
Vesting Schedule
659th of 251
Circulating / FDV Ratio
688th of 251
Buyback and Burn
623rd of 251

Ownership

Ownership variables for HT, scored 1 to 10 and ranked against 251 tokens
Smart Money Flows
3149th of 251
Insider Selling
4151st of 251
Holder Concentration
3197th of 251

Traction

Traction variables for HT, scored 1 to 10 and ranked against 251 tokens
TVL Trend
3111th of 251
Active Users
491st of 251
Developer Activity
3208th of 251
Network Growth
3156th of 251

Position

Position variables for HT, scored 1 to 10 and ranked against 251 tokens
Market Share
3131st of 251
Competitive Moat
4114th of 251
Institutional Adoption
3115th of 251
Exchange Depth
4157th of 251
Social Mindshare
3157th of 251

Risk

Risk variables for HT, scored 1 to 10 and ranked against 251 tokens
Regulatory Safety
3237th of 251
Catalyst Calendar
3158th of 251
BTC Alpha Potential
3114th of 251
Team Execution
4147th of 251
Treasury Runway
574th of 251

The vertical tick on each bar marks the median score across all 251 rated tokens, so a bar ending left of the tick is below the universe on that variable.

03

Catalyst and risk

Next catalyst

HTX exchange fee discounts and burn mechanisms; potential revival from Justin Sun's network.

Principal risk

Regulatory overhang from Huobi's past; centralized exchange risk and low trading volume.

04

Market and supply

Price$0.0877
Market cap$9.6Mrank 1167
All-time high$39.6612 May 2021
Circulating supply109,395,689
Eventual supply (max supply)500,000,000
Dilution to full supply4.57x
Listed onHTX (Huobi)

Price, market cap, supply and all-time high from CoinGecko, fetched 6 Aug 2026. The 25 scores come from the research pass dated 11 Jun 2026 and don't move with price.

05

Tokens with a similar profile

These are the closest matches to HT measured on the shape of all 25 variables after removing overall quality, so what they share is a pattern of strengths and weaknesses rather than a similar size or price.

07

Common questions

What is the Early Thunder score for Huobi Token (HT)?
HT scores 98 out of 250 on the 25-variable framework, ranking 150th of 251 rated tokens (lower half). The framework verdict is PASS.
What are HT's strongest fundamentals?
HT ranks highest on Buyback and Burn 6/10, 23rd of 251, Protocol Revenue 5/10, 37th of 251, P/S Multiple 5/10, 38th of 251 and Vesting Schedule 6/10, 59th of 251. Ranks are measured against all 251 tokens in the same scoring pass.
What are the weakest parts of the HT thesis?
HT scores in the bottom third of the universe on Regulatory Safety 3/10, 237th of 251, Developer Activity 3/10, 208th of 251 and Holder Concentration 3/10, 197th of 251. The single risk carried on the scorecard is: Regulatory overhang from Huobi's past; centralized exchange risk and low trading volume.
How much HT supply is still to enter circulation?
21.9% of eventual HT supply is circulating today, leaving 4.57x the current float still to arrive. At a flat price per token that is 78.1% of fully diluted value ahead of current holders.
How far is HT from its all-time high?
HT trades 99.78% below its all-time high of $39.66. Returning to that high requires a 454.5x move from the level used in this scoring pass.
Which tokens have a similar profile to HT?
Measured on the shape of all 25 scored variables rather than on price, the closest matches to HT are KCS (119), MX (94), GT (123) and LEO (126). Similarity here means the same pattern of strengths and weaknesses, not a similar market cap.
What is the next catalyst for HT?
HTX exchange fee discounts and burn mechanisms; potential revival from Justin Sun's network.

Keep reading

Research and analysis, not investment advice. Scores are one framework applied consistently across 251 tokens, not a prediction of price.