Congratulations again, everyone. Today is a milestone, but only one of many more to come (Binance 👀).
Traders/investors new and old need to zoom out and see the profound price action since Amp’s release in September.
I will keep this analysis simple. Early adopters (though we are all early still) will remember the remarkable action we saw from under a penny to over a nickel in only two weeks in February. You better bet that those who got in before February were ecstatic with their +500% gains. The all time high was just over 0.05. It’s important to remind the old and tell the new about this event because 0.05 in the brief history of our token is an important number. For me, it still feels like the ATH.
And that’s where we are at today. Anything over 0.02 is strong, over 0.05 is price discovery, and 0.1 is moon. Those dreaming of $1 can think of Pluto, but don’t worry, we’ll get there too. (In the future, we’ll be over $1 and exploring our galaxy beyond our solar system.)
To conclude, I’ll put my money where my mouth is and leave a little target for you all. As volume picks up and the price action manifests based on the increase in positive fundamentals, I’m targeting 0.25 before summer’s end.
That would put us knocking on top 10’s door with a market cap right around Chainlink’s, Litecoin’s, and Bitcoin cash’s.
Buckle up and enjoy the ride.
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