r/AMPToken • u/Nobodyspecial2222 • 2d ago
Markets Weekly chart look ready to RIPpPP!
I always use the weekly to determine longer term moves….first time this chart has ever looked like this.
Right now it just looks like flippers from the .0004’s and .0005’s. But the selling seems to have subsided.
What most don’t seem to understand is that a company is not allowed to announce the purchase of a speculative asset as they are purchasing. They have 15 days to report it with SEC if it’s a registered entity. I’d imagine atleast 40-60% is locked up institutionally to where they can control governance .
The rest of us are just riding the coattails of these companies adopting usage. From here on forward I only see “blue skies”. There will be dips….but those will be solely based off people exiting. And trust me when I say, when people exit at these “micro penny type assets” I’m one of the guys sitting here with my hands out.
What should be of great interest to ALL READERS….is that the FLOAT seems to be locked up since all tokens are in the hands of an account and the company has not issued anything new.
I have a feeling it’s about to go parabolic. Don’t take this as a definite….but the last time I seen a setup like this was in the OTC on a stock called ILUS. I bought those at .001-.002 and it took off a Month later to .12-.15. That’s where I sold.
YET IT ENDED UP AT .50….. I could have had a million in profit and still kick myself in the ass for it.
NEVER AGAIN. This has every right to hold unless the govt decides to crackdown on crypto which I highly doubt at this point since the banks are starting to work with crypto and spending millions setting up their banks and the govt to transact. FLEXA WILL BE THE FOREFRONT. And since they have actual patents with a board of governance,
ANVL should become extremely valuable in the future. I was so lucky to get my 9.2 million ANVL as I was only staking for the yield.
Let’s goooooo!