Huobi HTX platform asset weekly review (8.2—8.9): BSC Meme collectively strengthened, TUT rose 733% in a single week

Last week, the cryptocurrency market did not experience a comprehensive rise, with Bitcoin's dominance maintaining above 56%. Funds are still concentrated in top assets, but some mid and small-cap assets have shown independent trends. According to data from the Huobi HTX platform, from August 2 to August 9, the BSC Meme sector performed the most concentrated, with TUT rising as much as 733% in a single week, while the DeFi sector continued its strong performance from the past few weeks.

BSC Meme: TUT, MUBARAK, TST Rise Together

All three are issued on the BNB Chain's Meme platform Four.meme, and have long been regarded as assets of the same series in the community, showing strong correlation last week.

TUT (Tutorial): This week’s increase reached 733%. TUT originated from a teaching demonstration of token issuance, and as the test token was moved to the mainnet, a community consensus gradually formed, with last week's price hitting a historical high.

MUBARAK: This week’s increase reached 72%. The name MUBARAK is derived from the Arabic word for "blessed," and is a Meme asset with Middle Eastern cultural characteristics on the BNB Chain.

TST: This week’s increase reached 41%. TST also started as a test token and is one of the longer-standing assets in this sector.

The price fluctuations of Meme assets lack predictable patterns, and the correlation between price movements and project progress is also low, but significant profit effects can still form during specific phases. It is also important to note that the speed of retracement in this sector is comparable to the speed of increases, and participants should fully understand the associated risks.

AI: SKYAI Ends Three-Month Consolidation

SKYAI: This week’s increase reached 291%. SkyAI is a data infrastructure project on the BNB Chain, with its MCP Hub serving as a routing layer that allows AI Agents to access structured on-chain data across multiple model context protocol servers. This asset entered a consolidation phase in early May and broke upward last week, with discussions on social platforms significantly increasing since August.

DeFi: BICO, BMT Bounce Back from Historical Lows, BTW Makes List for the Third Consecutive Week

The activity in the DeFi sector has continued for several weeks. Previously, assets like BANK, EUL, and DIA strengthened one after another, driven by the implementation of institutional products and the advancement of the RWA narrative. The three assets that performed well last week represent a different situation: both BICO and BMT started from their lowest price positions since listing, representing a valuation recovery after being oversold; the upward movement of BTW is supported by the continued popularity of BTCFi, differing in rhythm from the former two.

BICO (Biconomy): This week’s increase reached 240%. Biconomy focuses on account abstraction and smart accounts, and the ERC-8211 standard launched in collaboration with the Ethereum Foundation allows multiple on-chain operations to be combined into a single transaction, supporting AI Agents in executing DeFi processes.

BMT (Bubblemaps): This week’s increase reached 110%. Bubblemaps provides on-chain holding visualization, transforming wallet associations and token distributions into bubble charts, and "bubble map" has become a common term in the industry; this tool was previously integrated into the Binance Web3 wallet.

BTW (Bitway): This week’s increase reached 153%. Bitway is a PoS Layer 1 public chain compatible with Bitcoin, allowing BTC holders to participate in financing, staking, and lending without cross-chain transactions or giving up self-custody. This marks the third consecutive week that BTW has appeared on the list of top gainers, having risen 10% and 17% in the previous two weeks.

Repricing of Dormant Assets

Several assets that made the list last week had experienced a long period of dormancy before their launch. SKYAI consolidated for three months, BICO and BMT had just hit their lowest prices since listing, TUT was merely a test token for teaching demonstrations before becoming a popular asset, and BTW only accelerated after three weeks of continuous strength.

During phases of market quietness, funding attention tends to contract towards top assets, and the pricing of mid and small-cap assets often deviates from their actual activity for a long time. When market sentiment warms up or specific triggering factors emerge, the price recovery speed and magnitude of such assets usually exceed expectations.

Therefore, the value of assets cannot be assessed solely based on current trading heat. Huobi HTX maintains a long-term perspective in asset selection and maintenance, allowing projects at different stages of development to have a stable trading environment, enabling users to find corresponding targets when the market starts to heat up.