First let's look at the market!
$H2O is the best performing token of Huobi primelist. It rose 3500% after Huobi's IPO. It also closed with a solid green candle without a long upper shadow, which is a rare occurrence when a new token is listed. Although it continued to fall on the second day after listing, it continued to rise after getting effective support at $0.15 to stop the fall. And the upward trend is very healthy. The lows keep rising and every time there is an ATH, it will shake out. It is still in an uptrend and there is no top signal, so you can continue to hold. Support $0.61.
The cost of H2O's activity on Huobi's Primelist is $0.008 for a $50 credit, and the current token price is $0.64, which is already over $4,000, a yield of 8,000%! Although the room for gains is already large, H2O still has a strong upside ability. I think there are several factors
Token base
H2O is the world's first decentralized traffic distribution platform that adopts DAO governance, and also provides community members with the latest blockchain industry information and industry benefits. The platform not only helps community members enjoy the industry development dividend, spread the spirit of decentralization and shape the brand value, but also helps the growth of the whole blockchain ecology.
Project features.
The community has many investors, fans and DeFi users in crypto asset industry-related fields, and has a large community base.
Early core members of the community are familiar with multiple blockchain industry project parties, technology development, and communication resources. Their experience and connections will provide a solid foundation for the construction of the community ecosystem.
The community is managed in a decentralized way, and the rights and obligations of community members and the future direction of development are decided by community members together.
Aggregate community and distribute benefits for users: early testing opportunities for community products, project token rewards, whitelist and other participation mechanisms.
Launchpad: Aggregate selected assets of the community and provide them with the best resource support in the industry.
Diversified community products: including game guilds, trading communities, public test products, etc.
Token data
H2O:Circulation is only 2% Circulation market cap is $1074W, compared to the same type of DAO track coins CULT PEOPLE NowhereDAO and so on, circulation market cap has 5 to 10 times more price space!
Huobi Exchange's full promotion Recently
we can see that Huobi, once the world's number one exchange, has a lot of new actions in the global market. In the last article, I also wrote that Huobi has done enough work on the secondary market and Primelist, and recently there are many small-cap outbreak coins, which my partner LINE has tracked。Almost every coin has risen over 50% at the same time.
the recent primelist earnings return is even higher than amazing, the winning people almost gain more than $1000.
There are very many KOL's promoting huobi's trading fee rebates globally
Summary: Huobi will actively select some high quality projects to do market cap management and push the high market cap of the tokens to make a circle effect!
You can keep holding and buying it!
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@nowhereDAO
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