Huobi Prime” Fourth Project”: Akropolis is still undervalued and has a vast room to grow.
One of the most awaited events in crypto is “Huobi Prime”. Huobi Prime is the Huobi’s version of token launchpads. Unlike other exchanges token launchpads, Huobi DPO also known as the Direct Premium Offering (DPO) sets itself different in the way the tokens are offered.
As per Huobi DPO model, Project listed in Huobi Prime will be having two (2) “Price Limit” rounds with a total of 30 minutes: with two (2) 10-minute trading rounds, and one (1) 10-minute settlement/clearance break in between. A price limit cap will be set for each round. Users can trade within this limit price trading range.
The 1st “Price Limit” round will adopt a jackpot mechanism. In the first round, eligible users will receive a number of tickets corresponding to their HT Holding during the HT Holding period. The winning tickets will have the entire order filled up.
The 2nd “Price Limit” round will see all orders matched by the system. Users can place orders up to their remaining trading quota (cap) in USDT. Once the trading window has ended, the system will match all price limit orders. This ensures all the participants will get a small number of tokens, unlike other exchanges where there are only a few winners.
Akropolis is a domain-specific financial protocol dedicated to the needs of the informal bank-less economy. It aims to build financial institutions like ROSCAs, mutuals, guilds, co-ops and other similar types through the adoption of blockchain technology and can be implemented on any blockchain with a Turing-complete virtual machine.
Within Akropolis, users have the option to choose decentralized smart contract-based self-custody or nominate a regulated custodian. The protocol is secure and will not store user data or engage in regulated activities such as facilitating or promoting investment activities.
- Total Supply: 4,000,000,000
- Huobi IEO First Round Price: 1 AKRO = $0.005
Let’s first take a look at the past 3 DPO performance. The above-given gif clearly shows the good performance of the DPO’s.
Coming to Akropolis, the DPO was listed on and the price shot up to $ 0.0619(DPO price was 0.005) doing an easy 11x for the holders. Currently, it is trading at $0.02 which makes it 4x from the DPO price
From my perspective, Akropolis has just started its journey. It is to be noted that, so far Akropolis is listed with Huobi only and in the coming days, it will start listing in other leading exchanges which will further boost its price.
Currently, Akropolis is presently ranked at 1900 in CMC, and this indicates that how much potential it holds ones other exchanges start listing in their platform. Apart from that, it is also to be noted that Akropolis is built upon Polkadot and a solid team like Ana Andria, Kate Kurbanova, Alex Maz and Polkadot behind the project.
The Akropolis is currently trading in Huobi, and if you wish to purchase some, you can access Huobi via this link.
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