Broadcast|Weekly Analysis and Summary of Himalaya Coin (January 3rd – 9th, 2022)

By: MOS Fitness Team – Wenqiu

In the past week, the price of Himalaya Coin (H-Coin) had risen slightly from about $35 USD to about $37 USD, with a maximum price of about $38.6 USD and an average daily trading volume of about 70,000 H-Coin. The total trading volume of H-Coin since its listing has been about 24.9 million, accounting for only about 2.49% of the total issuance in this year. At present, H-Coin trading has not been fully opened in the world, large institutional investors have yet to enter the market, thus, the market trading volume remains low, and the price is still seriously undervalued.

On Tuesday, the U.S. technology information website Tech Times reported extensively on the superiority of the Himalayan Monetary System. The article points out that there are there main models for the current application of cryptocurrency in e-commerce: the combination of cryptocurrency and fiat currency, the internal circulation of cryptocurrency, and the latest Himalayan currency model that combines the advantages of the two. The Himalayan Monetary System integrates the stable-coin Himalaya Dollar (HDO), the floating-coin Himalaya Coin (H-Coin/HCN), and the payment system H-Pay on a unified platform to create a self-sufficient ecosystem. Its convenience is unmatched in the cryptocurrency realm. The “ecosystem” model of the Himalaya currency has a higher degree of financial openness, with low barriers to entry, low transaction costs, low risks, fast-speeded, and high efficiency, making it easier for cryptocurrency novices to get started. This model represents the future of payment systems and will win the competition on the cryptocurrency platform.


Article:
Weekly Analysis and Summary of Himalaya Coin (January 3rd – 9th, 2022)

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