Thundercore protocol, a revolutionary fast scaling network protocol that can be used to scale ethereum Dapps will be launching on “Huobi Lite” on May 5th. This launch strategy is interesting because of the small investment size given to public – only a $500,000 USDT allocation available for Huobi platform users. Normally Initial Exchange Offerings are in the $1 to $5 Million allocation range. With such a small allocation, it’s unlikely platform users will get a significant quality of ThunderCore (TT) – possibly leading to a sellout in a few seconds.
For more information about Thundercore, read our Thundercore Guide here.
OTC trading & Risks
As Thundercore TT tokens are unlocked, savvy traders have already started speculating on the price of TT. Many OTC desks are offering TT for trade, at prices between 3.5 and 5 cents USD – depend on the region. It’s important to remember that OTC trades may not be safe – there are already reports of scammers pretending trade TT when in fact they don’t have any. Do not trade with unknown strangers.
What is ThunderCore and how does it work?
We have produced a video on the scaling protocol summarizing how “Thunderella” – the core consensus mechanism behind Thundercore works.
Large TT transactions and movements
Some groups have spotted large amounts of TT being transacted, such as this following transaction of 895980079.999TT ($30 M USD worth) being moved:
https://scan.thundercore.com/address/0x59ec13c2a3b794e188c62b48673da2dac5a3ae21
To view current ThunderCore transactions, check out Thunderscan
https://scan.thundercore.com
Telegram and Chat groups
Thundercore English: https://t.me/thunder_official
Thundercore China: https://t.me/thundercore_china
Also published on boxmining.com : https://www.boxmining.com/thundercore-will-launch-on-huobi-lite/