IOST is a decentralized blockchain network based on the next-generation consensus algorithm "Proof of Believability" (PoB). The project launched its public testnet on June 30, 2018 and migrated to its mainnet in February 2019.
according to an official announcement, Huobi HTX listed CMCSA/USDT and IOST/USDT perpetual contracts on October 22, supporting 1-20x long and short positions. Meanwhile, from now until October 29 at 15:00 (UTC+8), Huobi HTX is launching a new contract token trading competition. Users who complete registration, participate in trading the designated event tokens' contracts, and reach the specified threshold will have the opportunity to share in a total prize pool of 1 billion $HTX and 5,000 USDT in contract trial funds.
according to market data, small-cap altcoins DOOD, IOST, and MPLX recorded single-day gains of 113%, 81%, and 42%, respectively. These tokens have no obvious positive news catalysts at present; their trading volumes on Upbit rank 1st, 2nd, and 6th, respectively, with DOOD's Upbit trading volume exceeding $100 million, accounting for 10% of the platform's total daily volume. Upbit may be the driving force behind the related price increases.