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So, Should you invest in AMP Token?
Fans of the Amp token are saying it’s one of the most important pieces in the digital payments landscape, but is that just hype?
One way to tell is by looking at Amp’s parent business, an operation known as Flexa.
Flexa currently processes $1.4 billion in daily transactions. To ensure the integrity of bitcoin transactions, Amp token serves as a form of collateral. Amp is gaining ground because at least 41,000 retail establishments in the United States use the Flexa platform for digital transactions.
Amp’s most striking feature is that it is helping to create the groundwork for the future of bitcoin by joining the market at the beginning of smart contracts.
We see no reason why it couldn’t at least reclaim its all time high if the general market attitude continues to be strong. In the eyes of many Redditors, the price of $1 seems to be the benchmark for all cryptos but some are saying that $1 for AMP token is a bridge too far.
Because of AMP’s long-term lock-in period, its price is anticipated to remain stagnant. Anyone sitting on 10-1000x gains will want to take at least a portion of their money home, so it’s understandable.
Because there is no lock-up when staking Amp, individuals may easily take gains when the motivation to stake Amp isn’t so strong, which is something else to be concerned about, as we’ve already indicated.
The lack of lock-up shouldn’t slow down major pumps, but gasoline dumps could be. Since they must first go through the difficulty of staking and are frequently locked up, staking participants are generally considered to be hodlers. The problem is that Amp does not have this feature, and it may frighten away stakers as well if a huge dump were to occur.
So what do you think? You gonna get some AMP?
1 gedachte over “AMP Token to $1?”
<There's no doubt in my mind that we are not only going bull, but BTC is going nuclear. A lot of people are wondering if now is a good time to buy because of where the price is at right now. I'd say it's outrightly wrong to just sit back hodl and wait maybe incur some losses along the line, that's a wrong mindset for an investor because as an investor finding ways to always increase and stack up more coins thereby making profiTs should be the way of lifeThat being said, the market is still all about BTC at the moment and I'll advise current investors and newbies to take advantage of Leon Calvin program, a pro trader who runs a training program for investors/ newbies who lack understanding on how trading Bitcoin works, to help them recover loss from the crash and also accumulate more bitcoin, with his program i went from having 3.8BTC to 12.8BTC in just 5 weeks.<You can reach him on TE LE GRAM >>>> @LeonCalvintrade…
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