Hyundai Coin(Hdac) First day after listing on Bibox Exchange
The first-day score: +230 %
Today, Hdac was listed on Bibox, the world's ninth largest exchange, and the first transaction was made.
I told you guys that there might be a pumping on the first day of the listing?
The result is as follows.
Quick price normalization despite pre-mining controversy
Although it is still below the ico price of $ 0.50, it seems that many people have paid for the price of about $ 0.4 by the pre-sale. I also have seen that they have traded for 440 won in off-board transaction. Hdac is a big coin, so it has easily recovered the price right away.
The Hdac coin has a big problem before the main net, with the dispute about the pre-mining of about 130 billion won. And the pre-mined amount distributed to only 3 wallets. Nevertheless, this price normalization can be interpreted that investors are placing greater weight on the possibility of this coin's bright future rather than a minor problem.
Future of Hdac coin
Once you see the coins that have recently issued, there are many cases in which the interest is strong and many investors have provoked incentives in various communities. In that respect, Hdac has always been the subject of interest from mining issues to ico, and nowadays, agitated texts often come up. In that respect, the minimum requirement for success is satisfied. However, there are a lot of IOT related coins, so how to appeal to investors is a quite problem. It may be a double-edged sword with a title called Hyundai, but it seems that the main net has been successful on May 18 and has not yet been shattered by name. I'm gonna take some time to find out Hdac has more possibility.
Meaning of Bibox exchange Listing
The fact that it was listed on the Chinese exchanges Bibox is meaning it also could be listed on the top Chinese exchanges huobi or binance. There is a story that it's gonna be listed secondly on HADAX which is the second division league of huobi. Since it is still at the ico price, it is a good idea to buy a low point in advance and use a baggage strategy when listing on a large exchange.
I think it's worth picking Under $ 0.5, which is average ico price.
Let's look forward to a big profit after buying at a low price.