Today, I am introducing you to a Hive-Engine / Tribaldex token that can make your next trade profitable. Unlike most Hive-Engine / Tribaldex tokens, this token (HELIOS) is attached to a powerful token burning mechanism.
Similar to Ecency Points and Neoxian Token burning modules, the HELIOS token has introduced a mechanism to burn tokens in order to share an upvote. In addition, they have introduced a smart concept to combat abuses: you can now burn HELIOS tokens to downvote (reduce rewards for) content that does not follow community standards. Finally, they have added the ability to create HIVE accounts by burning HELIOS tokens. They have come up with the lowest fee for account creation and an instant account creation process.
Original Source
All of the above-mentioned HELIOS token burning modules are reducing the market supply, and the artificially assigned price for minting HELIOS tokens brings a competitive 7% price increase per week. This process also supports the reduction of the token minting rate, which forces the remaining HELIOS tokens to gather more value.
Original Source - Market Volume
Looking at the above HELIOS chart of Market Volume in the last 2 months, you can notice that the token has good trading volumes. This might be the most important point to consider when choosing a token to trade on the Hive-Engine/Tribaldex Tokens platform.
Original Source - Market Depth
Looking at the above chart, you can notice that the market depth of HELIOS is healthy, and it has good support and resistance levels. Moreover, the daily trade volume supports traders in bouncing between these two levels frequently. Therefore, the HELIOS token can be a safe haven for traders who wish to make a decent daily income.
Similar to Ecency Points and Neoxian Token burning modules, the HELIOS token has introduced a mechanism to burn tokens in order to share an upvote. In addition, they have introduced a smart concept to combat abuses: you can now burn HELIOS tokens to downvote (reduce rewards for) content that does not follow community standards. Finally, they have added the ability to create HIVE accounts by burning HELIOS tokens. They have come up with the lowest fee for account creation and an instant account creation process.
Original Source
All of the above-mentioned HELIOS token burning modules are reducing the market supply, and the artificially assigned price for minting HELIOS tokens brings a competitive 7% price increase per week. This process also supports the reduction of the token minting rate, which forces the remaining HELIOS tokens to gather more value.
Original Source - Market Volume
Looking at the above HELIOS chart of Market Volume in the last 2 months, you can notice that the token has good trading volumes. This might be the most important point to consider when choosing a token to trade on the Hive-Engine/Tribaldex Tokens platform.
Original Source - Market Depth
Looking at the above chart, you can notice that the market depth of HELIOS is healthy, and it has good support and resistance levels. Moreover, the daily trade volume supports traders in bouncing between these two levels frequently. Therefore, the HELIOS token can be a safe haven for traders who wish to make a decent daily income.