HTX has announced the launch of its 12th crypto futures trading contest starting on May 13, 2025. The contest features cryptocurrencies such as DOGE, PEPE, LAYER, MOODENG, and KAITO, with a prize pool of $15,000.
Announcement of HTX Contest
Organized by HTX, the contest is part of the platform's strategy to increase user engagement in cryptocurrency trading. It includes several popular tokens, such as DOGE and PEPE.
Impact on Trading Volumes and Volatility
The contest is expected to drive up trading volumes for the featured cryptocurrencies and may lead to temporary market volatility. Contest participants aim to benefit from the prize pool while closely monitoring cryptocurrency movements during this period.
Lessons from Previous HTX Contests
Experts note that previous HTX contests, such as the seventh, with a similar prize pool, showed similar impacts on market dynamics. Analysts anticipate that this contest will enhance platform visibility and increase engagement among crypto enthusiasts.
The HTX contest highlights the platform's active role in the cryptocurrency market and its commitment to stimulating trader interest. Increased user participation is expected to lead to heightened trading volumes and potential market volatility.
