Title: Made a 3125% profit after the token sale of Immutable X Post by: cryptopence on November 10, 2021, 09:57:05 AM Hello to all crypto traders and investors! On 5 November, I participated in the token sale of Immutable X (IMX) on Huobi, and now I want to share my experience and summarise it at the same time.
On 1 November, Huobi opened the Primelist launchpad, where it launches tokens. IMX was the first token launched on it. Details are here: https://www.huobi.com/support/en-us/detail/44890071200655 https://www.huobi.com/en-us/topic/primelist/?code=IM The principle of its operation is as follows: you register, pass the KYC procedure, block 200 USDT on your account, and wait. Then you will either be sent tokens at the starting price or not. In the latter case, they will simply unlock that amount, and you will be able to trade with it further. I registered an account, deposited 200 USDT, and blocked them. I was lucky — Primelist allocated IMX tokens at a price of 0.16 USDT. Trading started at 13:00 (UTC), an hour after the end of the token sale. It was enchanting — in a few seconds the price soared 10 times, up to 1.60 USDT, but the DOM was empty (no one wanted to sell). There is a restriction on Huobi: after the start of trading in the first 5 minutes, the price cannot be more than 1.60 USDT. After 5 minutes, IMX soared even higher — the price reached 7 USDT. However, I sold at 5 USDT and got a 3125% profit! Today, the price corrected to 4 USDT: https://www.huobi.com/en-us/exchange/imx_usdt If we take this scheme apart, we get the following:
As a result:
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