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AMP: Bullish?

  • 15-06-2021 8:08am
    #1


    Is anyone looking at AMP? Heavy growth since Friday but has a massive cap.
    Can it keep momentum?


Comments



  • It's passed ANKR. I'm not overly bothered that I dropped ANKR at the weekend (pun not intended but I'll take it)


  • Registered Users Posts: 19 cryptcrapto


    Up 40% today and now in the top 30 on CMC. Must admit I've never heard of it before. Did it just get listed somewhere or something like that for this big jump in price?




  • Up 40% today and now in the top 30 on CMC. Must admit I've never heard of it before. Did it just get listed somewhere or something like that for this big jump in price?




    Listed on Friday on CB.
    I only saw it because CB was giving away tokens in their "Rewards" section.
    Seems to be an actual product behind it too, with some meat behind it.


    Picked up a couple of thousand tokens over the weekend anyway




  • Getting bounced hard at the $0.10 point at the moment.
    If it pushes through today it could have legs




  • Someone is dumping hard


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  • Registered Users Posts: 2,525 ✭✭✭ Irish_rat


    Why are you bullish, what are the fundamentals of the project?




  • Irish_rat wrote: »
    Why are you bullish, what are the fundamentals of the project?




    Because Flexa network seems like a good prospect for real world vendors to accept crypto as regular cash while taking the risk/uncertainty away.
    Some of the partners look strong and next few months will tell if more come on board.


    42B market cap (with double that in a long way off) means this is never going to be a €1000 coin but looks to be potential for a €5-10 spread. That cap damage will depend on how the actual product is utilised, if people stake and "take" tokens out of circulation or not.


  • Registered Users Posts: 3,543 ✭✭✭ Potatoeman




  • Registered Users Posts: 3,543 ✭✭✭ Potatoeman


    It’s called a supply schedule not a vesting schedule so I presume it’s not locked up.


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