The CUDOS Huobi listing highlighted one crucial factor underpinning the network’s recent successes: growth. In the past year, the Cudos ecosystem has experienced unprecedented expansion, helped by increased community engagement, strategic partnerships, a crystal-clear vision and sheer hard work. In several respects, the growth of Cudos can be attributed to the network’s underlying design, a visionary model that incentivises strategic expansion.
Huobi
Before understanding why Huobi listing is big for CUDOS it’s important to talk about Huobi first that will make it easier to understand the importance of listing, Huobi is launched in 2013 and ever since that Huobi is keep growing & it’s hard to believe that it’s not hacked or compromised once since its inception where we have seen that case with Binance as well, these feet's for Huobi is really big.
Huobi is one of the top-3 three exchanges in term of most customers using it, it has more than 100,000 visitors everyday,450+ projects are listed on Huobi with more than 1k markets to trade in, it’s a paradise for traders as they have most secured exchange with so many projects to trade in with so much liquidity to easily buy & sell your crypto’s. Huobi has 20k BTC dedicated to security reserve for the users in case of any unfortunate events.
These stats made Huobi an world class exchange and listing of any project on Huobi is an privilege to the project as the exchange open doors of opportunity for the project.
Why is Huobi listing so important ??
Cudos listing on Huobi is one of the biggest listing of Cudos so far, Huobi listing open the big market Exposure for CUDOS as now users of Huobi Global are able to buy-sell-hold on Huobi, this gives Cudos an tremendous boost in volume and liquidity as large number of people are going to be involved in it. It’s now easier for newbie’s to buy CUDOS also, as anyone who starts the crypto trading journal it’s more likely that they will have an Huobi account which makes it far easier for them to buy CUDOS from directly Huobi. Talking about the community Huobi has a big community, Now CUDOS has an opportunity to get them involved in the project which is really a great news for CUDOS.
Hope now you would have understood why Huobi listing is really a big achievement for CUDOS.
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How it will impact Cudos Image & its Price ??**
After Huobi listing one of biggest benefit which Cudos will see in long-term that people will believe more about the core concept of CUDOS rather than ever before, the image of Cudos will become like an established crypto & blockchain project in the industry, it will become easier for investor to invest in the project.
Huobi listing will work as catalyst for Cudos token price, as now more traders & investors will attract towards the token which will impact the price of Cudos positively , Huobi listing announcement itself is big event for Cudos which has impacted the price and will impact the price to move forward positively in future as well.
About Cudos
Cudos is taking the lead in decentralized cloud computing. While there are still challenges ahead for this new industry, we believe in its potential to revolutionize how we think about data storage and processing power.
Cudos is a Layer 1 blockchain and Layer 2 community-governed compute network designed to ensure decentralised, permissionless access to high-performance computing at scale. Our native utility token CUDOS is the lifeblood of our network and offers an attractive annual yield and liquidity for stakers and holders.
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