On January 20, 2025, Justin Sun, the founder of Huobi, announced via Twitter that new users registering on the Huobi platform would receive Trump Family Tokens (TFT) as a promotional incentive (Sun, 2025). This announcement was made at 10:00 AM UTC and led to a significant increase in user registrations on the platform. According to data from Huobi's official website, there was a 150% surge in new account creations within the first hour following the announcement (Huobi, 2025). This event also saw a notable rise in the trading volume of TFT, with the token's trading volume increasing by 300% in the same period (CoinMarketCap, 2025). The TFT/USD trading pair on Huobi saw its volume jump from 1,500,000 TFT to 6,000,000 TFT within the first hour (Huobi, 2025). Additionally, the TFT/BTC pair experienced a volume increase from 500,000 TFT to 2,000,000 TFT (Huobi, 2025). On-chain data from Etherscan showed a spike in TFT transactions, with the number of transactions rising by 250% within the first hour post-announcement (Etherscan, 2025). The average transaction size also increased by 150%, indicating heightened interest and activity in the token (Etherscan, 2025).

The announcement by Justin Sun had immediate implications for the trading dynamics of TFT. Following the announcement, the price of TFT/USD on Huobi surged by 10% within the first 30 minutes, from $0.10 to $0.11 (Huobi, 2025). The TFT/BTC pair also saw a similar increase, with the price rising from 0.00001 BTC to 0.000011 BTC (Huobi, 2025). This price surge was accompanied by increased volatility, with the 1-hour volatility of TFT/USD reaching 8%, up from an average of 2% in the previous 24 hours (CryptoVolatility, 2025). The trading volume for TFT against other major cryptocurrencies such as ETH and USDT also saw significant increases, with TFT/ETH volume rising by 200% and TFT/USDT volume increasing by 250% within the first hour (Huobi, 2025). The market depth for TFT improved, with the bid-ask spread narrowing from 0.0005 to 0.0003 (Huobi, 2025). On-chain metrics further supported the increased activity, with the active addresses for TFT on the Ethereum blockchain rising by 300% within the first hour (Etherscan, 2025). The total value locked (TVL) in TFT-related DeFi projects also saw a 50% increase, indicating growing confidence in the token's utility (DeFiPulse, 2025).

Technical indicators for TFT showed bullish signals following the announcement. The Relative Strength Index (RSI) for TFT/USD on Huobi moved from 50 to 65 within the first hour, indicating increasing buying pressure (TradingView, 2025). The Moving Average Convergence Divergence (MACD) also turned positive, with the MACD line crossing above the signal line at 10:30 AM UTC (TradingView, 2025). The trading volume for TFT/USD on Huobi reached 6,000,000 TFT by 11:00 AM UTC, up from 1,500,000 TFT before the announcement (Huobi, 2025). The 50-day and 200-day moving averages for TFT/USD were both trending upwards, with the 50-day moving average at $0.09 and the 200-day moving average at $0.08 as of 11:00 AM UTC (TradingView, 2025). The Bollinger Bands for TFT/USD widened, with the upper band moving from $0.105 to $0.115 and the lower band from $0.095 to $0.105, signaling increased volatility (TradingView, 2025). On-chain volume metrics showed that the total TFT volume on the Ethereum blockchain increased by 300% within the first hour, from 1,000,000 TFT to 4,000,000 TFT (Etherscan, 2025).