Huobi HTX Platform Asset Weekly Review (10.26—11.01): BEAMX Leads the Surge, Meme Track Shows Active Performance

Last week, the cryptocurrency market experienced significant volatility. On October 28, the Federal Reserve voted 10 to 2 to maintain the interest rate range; the next day, Binance encountered a security incident, impacting market sentiment, leading mainstream assets to come under pressure, with Bitcoin briefly falling to around $77,000. Data from the Huobi HTX platform shows that from October 26 to November 1, the distribution of assets on the gainers list was relatively scattered, with the blockchain gaming network BEAMX leading with a weekly increase of 104%, while the Meme sector's AINVDA and PEPE also performed outstandingly.

Multi-Track Assets: Blockchain Gaming Network BEAMX Leads the Gains

BEAMX: Last week’s increase reached 104%. Beam, developed by the gaming DAO organization Merit Circle, is a dedicated network for Web3 games, providing developers with on-chain assets, payment, and account infrastructure. This year, Beam's development direction has expanded from a single gaming track to a multi-business ecosystem, incubating several new products.

HYPE: Last week’s increase reached 26%. Hyperliquid is a leading project in the on-chain perpetual contract exchange sector, operating on its own high-performance public chain, with most of the protocol fees used to repurchase HYPE. On October 29, the parent company of the New York Stock Exchange, Intercontinental Exchange (ICE), announced a partnership with Trade[XYZ], which is building a trading market based on Hyperliquid, planning to launch a regulated perpetual contract market in the U.S. relying on Hyperliquid's HIP-3 technology. ICE will be responsible for trading and clearing and will strategically invest in Trade[XYZ], pending regulatory approval. Notable investor Stanley Druckenmiller also disclosed his investment in Trade[XYZ] on the same day. On the day the news was announced, HYPE saw a single-day increase of over 15%.

TRX: Last week’s increase reached 15%. TRX is the native token of the TRON blockchain, used to pay for network bandwidth and energy resource fees, as well as to participate in super representative voting.

WIN: Last week’s increase reached 13%. WINkLink is the oracle network of the TRON ecosystem, providing price data and verifiable random number services for on-chain applications.

HTX: Last week’s increase reached 7%. HTX is the governance token of HTX DAO, allowing holders to participate in governance voting for HTX DAO.

SUN: Last week’s increase reached 6%. SUN is the governance token of the TRON ecosystem DeFi platform SUN.io, covering decentralized trading, stablecoin exchange, and token issuance.

Meme: Coin-Stock Narrative and Established Meme Coexist

AINVDA and PEPE belong to two different categories of Meme assets. The former is a "coin-stock Meme" that has emerged in recent months, with trading pairs directly using tokenized stocks; the latter is one of the longest-standing and most liquid Meme assets in the market.

AINVDA: Last week’s increase reached 67%. AINVDA is the listing code for the Artificial Inu community token on exchanges, issued on the Robinhood Chain, trading directly paired with tokenized NVIDIA stocks through Uniswap v4 liquidity pools, combining AI and Meme narratives.

PEPE: Last week’s increase reached 29%. PEPE is based on the long-standing frog image in internet culture and is one of the Meme assets with the broadest community foundation, often reacting first when sector sentiment warms up.

The price of Meme assets is highly dependent on community sentiment, with volatility far exceeding that of mainstream assets; participants should fully assess the associated risks.

Track Rotation in a Volatile Market

Last week, the market experienced significant fluctuations under the combined influence of macro decisions and sudden events, with the distribution of assets on the gainers list spread across multiple directions with low interrelation. During periods of short-term extreme volatility, asset prices are more susceptible to the influence of single events and capital flows, and participants should carefully assess risks in conjunction with the project's fundamentals before participating. Huobi HTX will continue to monitor the development dynamics of various tracks and public chain ecosystems, providing reliable trading services to users through stable platform operations.