Review of Virtual Yesterday's IDO Project $ARBUS Data Situation
Due to the project announcement by @virtuals_io two days ago regarding the project upgrade, the IDO timeline was pushed back by one day.
During this time, the initial investment was 13810 Pts, but due to the extended timeframe, the actual investment yesterday was 15772 Pts.
⚡️ $ARBUS oversubscription multiple is 18 times.
Compared to the last round where $AXR was 25 times, it is still slightly less.
Investment of 13810 points
Invested 12 $VIRTUAL coins, ultimately returned 8.12 $VIRTUAL coins
Actual investment 13810 points + 3.88 $VIRTUAL coins
Total income of 34269.3 $ARBUS
Based on yesterday's average price of $VIRTUAL at 2U,
the actual investment is 7.76 U.
With a market value of 12M, it can be sold for 435U.
💥ROI = 55X
Currently, it seems that the multiple after going live still greatly relates to the oversubscription ratio; it is still recommended to choose projects with relatively high popularity to maximize your point earnings.