AME/USDT volatility: analysis & prediction

[MrSpasybo]

Staking rewards are usually only 3-14% per year, but AMEPAy applies 300% then 150% ^^ Too high APY is also a problem that I used to concern, because it can cause the price of AME to drop deeply. However, AMEPAY team believes that the demand for AME of the market will be very large and currently only 250M AME exists in market, remaining number of AMEs will be locked. I also think that VIP staking with high APY will only be maintained for a short time.

[KryptoBull]

I believe that AME prices will continue to increase in the coming time and follow the price increase channel. The price drop this time can come from the disappointment of being listed on Binance & Houbi, however Gateio is also a major market exchange. When AMEPAY's products are well received, the AME price will definitely grow well and achieve new ATH.

[Zed0X]

Correct @Zed0X, the false promises (or a deep ignorance of the ecosystem) made by the moderators of the Telegram group were the cause of the AME dump.

Aaaahhh the TG moderators. It's understandable that they would shill AME in every way but they also talk as if they know how the open market works I couldn't handle moderators who would speculate on the price. Whales would sometimes see that as a sell signal

[Freemind]

Correct @Zed0X, the false promises (or a deep ignorance of the ecosystem) made by the moderators of the Telegram group were the cause of the AME dump.

Aaaahhh the TG moderators. It's understandable that they would shill AME in every way but they also talk as if they know how the open market works I couldn't handle moderators who would speculate on the price. Whales would sometimes see that as a sell signal

No @Zed0X, after watching for several months how these moderators work on Telegram, I can assure you that they do not have a great knowledge of how the markets work. They just ask the community to ask on an exchange's Twitter account and make promises they can't keep. Now I don't know what they will do.

[dragononcrypto]

Correct @Zed0X, the false promises (or a deep ignorance of the ecosystem) made by the moderators of the Telegram group were the cause of the AME dump.

Aaaahhh the TG moderators. It's understandable that they would shill AME in every way but they also talk as if they know how the open market works I couldn't handle moderators who would speculate on the price. Whales would sometimes see that as a sell signal

No @Zed0X, after watching for several months how these moderators work on Telegram, I can assure you that they do not have a great knowledge of how the markets work. They just ask the community to ask on an exchange's Twitter account and make promises they can't keep. Now I don't know what they will do.

All very interesting information, thanks for sharing  📝

I didn't know about the 150% APY, but makes sense if the limit required is high, then whales will happily push the price up for it. Until the correction comes...

[Freemind]

Yes @dragononcrypto, until the correction comes and also until inflation starts to do its job. In those moments of loss of value, the dump of the whales I think is almost insured. The annual percentage of return is too high, it should have been lower from the beginning or reduced annually to avoid big dumps, they will know what they are doing...

[Triedboy]

I had 20k AMEPAY tokens but I sold them at a very low price.  In fact no advance idea about the cryptocurrency market can be found accurately. Then the price dumped a lot but soon after the announcement was made to the group that a large exchange would be listed then the price of the token was absolutely pumped. But now I can see the price has come down again. Maybe the AMEPAY price went up because of such an announcement.

[Cadaver20]

I am also an AME token holder.  The ico price of the AME token was $0.02. There are very few tokens that are pumped after distribution to Bounty Hunters and cost much more than the ico price. So I thought the price of the AME token would not be higher than the ico price. That's why I first sold tokens at a much lower price. Yet the price at which AME tokens are being sold is 3x the ico price. The 2nd Bounty is scheduled to be distributed by 23 April. I think if the 2nd bounty is distributed then its price will be dumped again.

[Freemind]

@Triedboy that's exactly what happened, they said that AME was going to enter Binance or huobi and people started buying thinking of later selling much more expensive in one of those two exchanges, but AME never entered and people sold, that's why the dump happened. They have not known how to do things correctly and the consequences are suffered by investors.

[gunhell16]

There's something that I noticed about AME, where when Bitcoin spike its price value in the market, AME was one of the altcoins that kicked its price as well. Just like what happened now, bitcoin dropped its price while AME also dropped too. I'm not exactly so sure if this is coming by a chance only.  In short, once bitcoin back in the ball game AME will do the same for sure.

[Carbitcoin]

There's something that I noticed about AME, where when Bitcoin spike its price value in the market, AME was one of the altcoins that kicked its price as well. Just like what happened now, bitcoin dropped its price while AME also dropped too. I'm not exactly so sure if this is coming by a chance only.  In short, once bitcoin back in the ball game AME will do the same for sure.

You may also have not noticed the fact that almost all cryptocurrencies follow the movement of bitcoin. when Bitcoin goes up, the most promising cryptocurrencies also rise up and, accordingly, fall down following Bitcoin too.

[Freemind]

Remember that AME offers 150% when you stake your tokens, that seems crazy to me. It is not uncommon for some whales to sell their stakes and regardless of the price of Bitcoin, the price of AME falls rapidly. I do not understand how they have put such a high percentage, inflation will be enormous.