BHEX Token is rebranding in HBTC by replacing ERC-20 Ethereum blockchain into brand new HBTC chain, as HBC the official Token name for newly formed blockchain. The announcement already made in official website of BHEX trading platform. The Token HBC will used in three major business including HBTC Exchange, Chain and Bluehelix.
Two brand new feature is also launched to stablished price of HBC, in which network launched 10X repurchase model. This new scheme will repurchase HBC token in secondary market of HBTC network from their 100% of total income and so even if price start dropping this repurchase will save investor from loss. The second scheme proposed is Capital Incentive model, in which 50% of token purchase on daily basis will be used to give rewards to Captain. The captain in ecosystem will manage network and maintain HBTC community and for this he will earn revenue from 10X repurchase model.
Rebranding is the celebration of 2-year anniversary. New project is backed by top investor including Huobi, Node Capital, Genesis and 56 institutional investors. They already have great team from different universities such as Stanford University, Columbia university and peking university and other some famous colleges. Most of employee are having work experience in companies like Baidu, Alibaba, Tencent and Google.
The official model name will be the HBTC Capital Token. The total supply available will be around 21 million and this supply will be converted from Current supply of BHT. They also offering mining of DPOS Nodes staking with expected annual growth in between 0.5% to 3%. Token swap is happening soon where 1 HBC will worth equal to 23.886 BHT, as they swap ration will depend on proportion of Token supply. The swap period for BHEX to HBC will start from 20 April 2020 and end on 20 October 2020.
BHEX Token Price Prediction
|Month & Year||Future Forecast|
|July 2020||$0.254 USD|
|August 2020||$0.2192 USD|
|September 2020||$0.189 USD|
|October 2020||$0.1972 USD|
Note: after October most of BHEX Token will burnt.
Last few weeks after following new project announcement BHEX prices on the rise. Today BHEX token hiked by 10%, as today we noticed huge price of almost in the top 100 crypto list. As BHEX Token enter into top 100 and only crypto which has almost 10% positive price growth. The considering last 1-month price changed this crypto changed from $0.034 USD to $0.14 USD with almost 311% of growth.
The recorded starting price of HBC was $0.99 USD and within few hours it already crosses $3 USD mark. so the hype is real and this token swap will help each other to keeping growing. official report days the 30% of BHT already burnt by community and in 6-month remaining supply will go under burning process, as if failed to swap in given period then you need to ask customer support.
HBC Price Prediction
|Month & Year||Forecast in USD|
|Beginning June 2020||$6.23 USD|
|Ending of June 2020||$6.64 USD.|
|Starting of July 2020||$6.98 USD|
|End of July 2020||$5.23 USD|
|August 2020||$5.87 USD|
|September 2020||$4.76 USD|
|October 2020||$6.76 USD|
|November 2020||$7.12 USD|
|December 2020||$7.01 USD|
Read Also: CRPT Price Prediction
BHEX Token was indexed in August 2020 and after being stable for almost 9 months it started rising in April 2020. The news really help to rise and new technology of self-funding from profit will be bring them in top cryptocurrency list, as this strategy recently gained lots of attention from maker as well as user, as to get fixed ROI the new technology are introduced by different cryptos, in which this strategy is more popular now days. The main reason behind adapting this ecosystem is already teased by most of crypto today, as after consistent growth with hype of Bitcoin halving the sudden dropped causes lots of damages to most investor.
The idea of using 100% of revenge in which 20% will be depend of PE pricing and 80% will be coming from Bluehelix Cloud. That buyback will maintain pricing stable.