According to EmberCN, HTX recently executed a token burn of 9.98 trillion $HTX, valued at $22.47 million, as part of their 2024 Q4 strategy. This brings the total $HTX burned and donated for liquidity in 2024 to 49.63 trillion, approximately 5% of the total supply of 999.99 trillion. The deflationary measure at this scale suggests a 5% annual decrease in supply, which could enhance the token's value by linking platform growth with $HTX price increases, as faster burns indicate improved platform performance and lead to quicker deflation and potential price appreciation. (Source: EmberCN)

According to Richard Teng, the platform has reached a significant milestone of 25 million users, marking a notable achievement in its growth journey. This indicates strong user engagement and could imply increased trading volumes and liquidity on the platform. Traders may view this as a positive signal for the platform's reliability and market presence.