Huobi Prime's Inaugural Launch: TOP Network's TOP Price Jumps Over 500%

Huobi Prime's Inaugural Launch: TOP Network's TOP Price Jumps Over 500%

PR Newswire

SINGAPORE, March 27, 2019

A total supply of 1.5 billion TOP Network tokens completely sold out within 19 seconds of active Prime trading

SINGAPORE, March 27, 2019 /PRNewswire/ -- Huobi Global passed a milestone yesterday, launching a better way to provide the crypto community with access to cutting-edge projects at discounted rates. Huobi Prime went live at 21:00 (Singapore Time) on Tuesday, March 26, offering TOP, TOP Network's native token to the first ever batch of Huobi Prime users.

Huobi Prime has launched!

The inaugural launch was met with enormous demand, with 3,764 users buying 1.5 billion TOP Tokens using Huobi Token (HT). The total supply of TOP tokens offered was sold out for all three rounds of trading, with the first round selling out of available tokens in 7 seconds, the second round in 5 seconds, and the third in 7 seconds.

"While we knew Huobi Prime's inaugural launch of TOP would be popular, even we were amazed by the overwhelming response," said Ross Zhang, Head of Marketing for Huobi Group. "We were thrilled to hold our opening launch with our great partners at TOP Network and we are humbled and honoured by how many people wanted to take part."

TOP has now been fully listed – and is freely tradable – on Huobi Global in the form of TOP/HT, TOP/BTC, TOP/USDT.  

Acknowledging that only about 3% of the 130k participants were able to purchase TOP as a result of the overwhelming demand by some users, Zhang said that plans are already underway to implement improvements for future Prime launches. "We hear your concerns and we're already working on ways to address them," he said. "Our goal remains making Huobi Prime the premier place to access premium coins for the broader crypto community, not just the few."

Zhang also addressed concerns about the verification slider Huobi requires users to use to complete purchases. "The slider is an anti-script and anti-bot safety mechanism and it is one of the standard methods we use to ensure trading is fair and equitable. We've found it to be quicker and easier than the more common CAPTCHA method but we will evaluate it as we continue to improve the user verification experience."

Highlights of TOP Launch:

About Huobi Prime:

As a coin trading platform, Huobi Prime is a significantly new innovation and offers a number of key advantages, including:

For more information on Huobi Prime and how it works: https://bit.ly/2TPtOUW

For more information on TOP and TOP Network: https://bit.ly/2FDwaxz

Disclaimer: Huobi Prime will not, under any circumstances, make price forecasts or representations as to the asset's investment characteristics. Huobi Prime will not provide any trading or financial advice and Huobi Prime users should conduct independent analysis including, where appropriate, taking third party legal, tax and financial advice.  Huobi Prime is limited to users from jurisdictions where digital asset trading is a permissible activity and no regulatory restrictions apply.

About Huobi Group: Consisting of ten upstream and downstream enterprises, Huobi Group is the world's leading blockchain company. Established in 2013, Huobi Group's accumulative turnover exceeds US $1 trillion. It proudly provides safe, secure, and convenient cryptocurrency trading and asset management services to millions of users in 130+ countries. Find us at www.hbg.com

For enquiries please contact: 

Jiayi Li
+65-92295769
media@huobi.com                                                          

Official Blog announcement: https://blog.hbg.com/huobi-primes-inaugural-launch-top-networks-top-price-jumps-over-500/

Follow Huobi:

T: @HuobiGlobal
FB: @huobiglobalofficial
IG: @huobiglobalofficial

Follow Ross on Twitter: @Ross_Zhang

Photo - https://mma.prnewswire.com/media/842038/HUOBI_GROUP_top.jpg  

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