CakePop IDO is a big event for all LEO and CUB lowers. Even for those who don't have any plans to take part in it, it will make a certain (positive?) influence.
What can be more pleasant to hear than a message about BURNING 192K of CUB?
This morning, at only 8 hours left until the IDO was complete (and ~74% of the target achieved), I took a closer look how many people invest into this IDO, how much risk they are going to accept. Results are interesting (at least to me):
- Number of different ETH addresses who deposited CUB to this IDO: 87
- Amount of total CUB deposited: 141151 CUB (plus $92K BUSD)
- The TOP largest CUB deposit: 46402 CUB (or $60.5K in total funds)
- Combined amount of investment of the TOP-3 participants: 55.9%
- TOP20 participants share part: 90.8%
- Bottom-30 participants share part: 0.88%
Someone made a serious bet on this IDO, with $60K USD. Now imagine if it goes 100x. 🙂
What I found extremely shocking, is that all these Bottom-30 addresses have deposited less than the minimum amount is required to qualify for Cake dividends ($150)
Bottom-30:
And finally, the chart of the investment dynamics, how it grew during the first 16 hours of this IDO:
At the time of this post, we still have almost four hours left, and only ~20% left to reach the target:
Don't be late, if you consider FOMO in on the very last minutes. 😀