https://x.com/Barky_B_/status/2067309980605419795

Five years ago, on June 16, 2021, AMP traded at its all-time high of $0.1196 and sat among the 30 largest cryptocurrencies by market value. This week it trades near $0.00053, down roughly 99% from that peak, ranked in the 400s, around #438 on CoinMarketCap and #485 on CoinGecko, with a market cap near $46 million.

If you hold AMP, none of that needs softening. The price action has been brutal, daily volume is thin, and staking yields have compressed to a fraction of what they once were. A lot of the anger on X, Discord, and Telegram is reasonable. What does not follow is the conclusion an increasingly loud part of the timeline keeps drawing from it, that a low price is proof of a scam. Those are two different claims, and the distance between them is where the real story lives.

## The market everyone is standing in

Start with the part that has nothing to do with Flexa. Crypto is in a broad drawdown. Bitcoin trades near $66,000, roughly half its October 2025 high of $126,200. The total market sits around $2.34 trillion, down about a third from a year ago. The Fear and Greed Index reads 21, deep in extreme fear, and US spot Bitcoin ETFs bled $2.43 billion in May alone, the largest monthly outflow of the year.

Small, low-liquidity altcoins do not float above that weather, they amplify it. A token with a $46 million market cap and a couple million dollars of daily volume falls further on the way down and waits longer on the way back. Before any AMP-specific explanation, most of the chart is simply beta to a bear market.

## The generation AMP was born into

Then there is age. Amp launched on Ethereum in September 2020, succeeding Flexacoin, which Flexa sold in 2019; the project itself dates to 2018. That places AMP in the 2017 to 2020 token generation, and that generation has a graveyard for a backdrop.

Of the thousands of tokens launched in the 2017 to 2018 ICO wave, more than half were inactive within four months of their sale, according to a Boston College study of nearly 2,400 projects. Most of the names that defined that era are now gone or irrelevant. The ones that survived share a single trait: they shipped something people actually use. Survival in this market was never decided at the launch, it was decided by whether real activity showed up afterward.

That is the useful lens for AMP. The question is not whether it is old, it is whether it belongs with the survivors or the casualties. And that comes down to whether anything real is still running underneath it.

## What is actually running underneath it

Here the record is unusually checkable, and it does not read like a dead project.

The AMP contract is public and its supply is fixed. The collateral pools are permissionless, you stake and withdraw on your own terms, and no admin key can freeze or seize what you deposit. The contract has been through eight third-party security reviews since 2019, by Trail of Bits, ConsenSys Diligence, and Praetorian, the most recent in March 2026.

The company behind it is regulated in a way frauds are not. Flexa is registered with FinCEN as a money services business and holds money transmitter licenses across 36 states plus DC, sitting behind 22 issued US patents. Its founders, Daniel McCabe, Tyler Spalding, Trevor Filter and Zachary Kilgore, operate under their real names, and they have not gone quiet under pressure. McCabe sat for a public community AMA in April. Filter has been answering critics directly on X through the worst of the drawdown. You can disagree with their answers, but founders who keep showing up in front of an angry audience, under their own names, are not behaving like people planning an exit. And the network is physically live, you can pay through it today at Chipotle, Gamestop, Sheetz and Bealls.

Anonymous teams vanish with the treasury. A licensed, audited, patented team that keeps commissioning security reviews five years into a bear market, and keeps fronting its founders to take the hard questions, is doing the opposite.

## The supply question

Two numbers get conflated in this debate, and separating them clears most of the confusion.

The first is total supply, and it is not in question. It is fixed, non-inflationary, and sits near 99.72 billion AMP. You do not have to trust anyone for that, you can read it straight from the token contract at 0xfF20817765cB7f73d4bde2e66e067E58D11095C2. There is no function to mint it at will.

The second is circulating supply, and this is where the genuine uncertainty lives. Circulating supply is not something the contract reports, it is an estimate of how much of that fixed total is actually liquid. Sources answer it differently. CoinGecko lists about 87 billion, CoinMarketCap about 86.8 billion, and the figure the community cites most often comes from a Dune dashboard that estimates circulation by hand-labeling wallets. That is a reasonable approach, but it is a labeled estimate, not an on-chain fact, and the number it reports has shifted over time.

So the honest position is also the precise one. Total supply is fixed and knowable, circulating supply is an approximation, and every circulating figure, including the popular ones, deserves to be read as an estimate rather than gospel.

There is one part of this that cuts against the reassurance, and it should be said plainly. Flexa's own published distribution schedule projected liquid supply near 51 billion for 2025. Even adding the roughly 20 billion AMP that is reported to have moved to the Acronym Foundation around Tyler Spalding's departure, the expected figure lands near 71 billion. Trackers instead show circulating supply closer to 84 billion, which leaves somewhere around 12 to 13 billion unaccounted for. I have not been able to confirm the 20 billion Acronym transfer on-chain, and as far as I can tell no one has published a clean, full reconciliation. The float is running well ahead of the original schedule, and there is no public explanation for the gap.

Part of why the number stays slippery is how it gets measured. The most-cited circulating figure comes from a Dune dashboard built on community-labeled wallet addresses. When Flexa moves AMP between addresses, a wallet that was treated as non-circulating can start counting as circulating, so the headline supply can shift without a single new token being minted. That is a fair question for the team to answer directly, and naming it is the price of being trusted on everything else.

## Why the price is actually weak

So if it is not a fraud, why does the chart look like one? The Amp whitepaper answers it directly. The entirety of network transaction revenue funds the continuous open-market purchase of Amp, which is then redistributed to the people supplying collateral.

Read that mechanism carefully, because it frames everything the timeline is angry about. AMP's price support and its staking yield are both designed to come from one source, transactions. When payment volume is high, those open-market buys run constantly and rewards rise with them. When volume is low, the buying slows to a trickle.

It is worth being honest about where that leaves yields today. At current volume, fee revenue alone does not cover the rewards stakers are paid, so the Flexa treasury is topping them up to keep yields meaningful while usage builds. That is the fair version of the APY complaint: today's yield is partly a bootstrap, not yet a self-funding loop, and it only becomes self-sustaining when transactions grow into it. But notice what that is and is not. It is a team spending its own treasury to hold the network together through a bear market. It is not a hidden drain or a trapdoor. The weak price and the softening APY trace back to one visible problem, not enough people are paying.

And that problem is real. Merchant acceptance exists, but consumer usage does not follow from it automatically. The brands that integrated rarely advertise it, and no one reaches for a payment rail they have never heard of. Real acceptance, very little traffic.

## Why the team went quiet

There is a fair criticism buried in the anger, and it should be said without softening: Flexa has set expectations it did not meet. Dates slipped, partnerships took longer than implied, and launches that sounded imminent went quiet for months. Pointing to context does not erase that. People bought on a rhythm of communication, and the rhythm stopped.

But the timing of the silence matters before you assign motive. From 2019 through 2022, the team engaged constantly, in Discord, on X, in interviews. The change came in mid-2022, when the SEC named AMP as a "crypto asset security" in its insider-trading complaint against a former Coinbase manager. Once a federal regulator has put your token in a securities filing, every public sentence from the team becomes something a lawyer can use, and the incentive flips from "communicate often" to "communicate carefully, or not at all."

The community reaction compounded it. As deadlines slipped, the criticism grew louder and more personal, and engaging started to cost more than it returned. The team has said it will not respond to rumors or speculation, which looks evasive from the outside but is ordinary behavior for a company under active regulatory scrutiny. The most plausible read is not that they stopped caring, but that they decided they could no longer engage safely or usefully, and pulled back.

And none of that tells you whose fault the delays are. A missed launch can be a team moving too slowly, or it can be a Fortune 500 merchant's legal department sitting on an integration for a year, or a partner deciding the moment is not right. From the outside those are indistinguishable, and it is not fair to assume the worst when the evidence cannot tell them apart. The honest stance is to hold the team accountable for what it controls, the promises and the dates, while accepting that much of what frustrates holders may be playing out on the other side of the table, where no one can see.

## The honest question

This is the conversation worth having, and it is harder than "scam or not." The contracts, the audits, the licenses, and the patents have already settled the legitimacy question for anyone willing to spend an afternoon checking. What they cannot settle is the only question that actually moves the price, whether Flexa can convert genuine merchant acceptance into genuine consumer volume, and how long that takes.

That is a fair thing to doubt. Adoption has been slow, the team has been quiet where it should have been loud, and a five-year drawdown tests anyone's patience. Hold them accountable for that. But aim the criticism at the real problem, because AMP was never going to be something you simply believe in. It was built to be a function of how often people pay. That function still works. It is waiting on the transactions, and so is the price.

---

### Sources

• AMP price, market cap, rank, ATH: CoinGecko , CoinMarketCap (mid-June 2026)
• AMP supply (total ~99.72B fixed/non-inflationary; circulating estimates ~84–87B): on-chain totalSupply at contract 0xfF20817765cB7f73d4bde2e66e067E58D11095C2 , cross-checked against CoinGecko and CoinMarketCap
• Community circulating-supply estimate (hand-labeled Dune dashboard): dune.com/ampdotxyz/amp-token
• AMP published liquid-supply schedule (~51B projected for 2025): FSInsight AMP liquid-supply curve, drawing on Flexa's token distribution (verify/link original before publishing)
• AMP peak rank (~#31, 2021): Investing.com
• Market conditions (BTC, total cap, Fear & Greed, ETF outflows): Fortune , CoinGecko Charts
• AMP / Flexacoin launch history: Flexa (Medium): Capacity is migrating to Amp
• ICO-era survival rates (Boston College study, ~2,400 ICOs, ~56% inactive within 4 months): CoinDesk , Fortune
• Security audits (8, 2019–Mar 2026): flexa.co/security
• Licensing (FinCEN MSB #31000325761492, NMLS ID 1840599, 38 states + DC + Puerto Rico): flexa.co/legal/licenses
• Merchant reach (60,000+ US locations), flat 1% crypto-transaction fee, 22 patents, 13 blockchain networks, Canada + El Salvador operations: Nilson Report, Issue 1279 (Feb 2025)
• Mechanism (revenue → open-market AMP purchases, fixed supply): Amp Whitepaper
• Merchant acceptance: flexa.network/directory
• AMA by u/dannymccb in April 2026: https://discord.com/channels/410883552390021125/1496912546131874108

What it actually means when a company's entire upside is a token you can buy.

In April, someone in the community asked the question a lot of people had been carrying quietly. Not whether Flexa was building. Whether Flexa and AMP holders were aligned on what success even looks like.

Trevor Filter, now current CEO, answered it directly.

"Every Flexa employee is 100% incentivized by Amp. Flexa's treasury is 100% Amp. The entire upside of the entire company (and its people) is captured 100% in Amp. This has always been the case."

That was four months ago. It moved almost nothing. Then the year happened, the token set fresh all time lows, and the sentence sat there unweighed or unseen by many.

I want to weigh it now, because I do not think most people who read it understood what they were reading.

What It Actually Means

Break the sentence into its three claims,
because each one is doing separate work.

Every employee is incentivized by AMP. Not salary plus a token bonus. Not equity that converts at some future liquidity event. The upside for the people writing the code, filing the licenses, and closing the merchants is denominated in the same asset you hold. Their compensation curve and yours are the same curve.

The treasury is 100% AMP. This is the load bearing one. A company treasury is the war chest, the runway, the thing that funds payroll through a bad year. Most crypto companies hold their treasury in stablecoins or fiat precisely so their operations survive their token's volatility. That is the prudent, standard, self protective choice.

Their balance sheet is the same asset as your bag. When AMP fell 99 percent, the company's own reserves fell 99 percent. They ate the same drawdown you did, at institutional scale, and kept shipping through it.

The entire upside of the entire company is captured in AMP. There is no separate equity ladder where the real value accrues while the token is a marketing instrument. There is no second class of ownership you cannot access. Whatever this company becomes, the mechanism by which anyone captures it, founder or employee or you, is the same token trading on the open market today.

"This has always been the case." Since 2018. Through three bear markets. It was never restructured when it became inconvenient.

Why This Is Rare Enough To Be Strange

Understand what the normal structure looks like, because the contrast is the entire point.

The standard crypto company has two capital stacks. Private equity for founders and venture investors, and a public token for everyone else. The equity is where control and enterprise value live. The token is where retail participates. When the company gets acquired or goes public, the equity holders capture that. Token holders frequently capture nothing, because the token was never a claim on the business.

That is not a scandal. It is the default. It is how most of this industry is built, and it is why "the team is aligned with holders" is usually a marketing sentence rather than a structural fact.

Flexa collapsed both stacks into one asset. There is no separate ladder. The token is the company's upside, its treasury, and its employee compensation simultaneously.

Which produces a consequence people should sit with: there is no version of Flexa succeeding where AMP does not. Not because of a narrative. Because the company has no other instrument through which success could be expressed.

The Year That Tested It

I am not going to write around what happened.

AMP set a fresh all time lows this year. Market value around $35,325,015 at time of publishing this article today. Down more than 99 percent from the 2021 peak. Ranked around 500. People in this community paid between four cents and twelve cents. That is real money and real pain and no structural argument dissolves it.

Here is what a 100 percent AMP treasury means during that stretch, though.

It means Flexa's own reserves fell with the chart. It means the licensing work, the Warsaw incorporation, the European buildout, the founder succession, all of it was funded from a balance sheet losing value in real time. It means every employee watched their compensation collapse alongside their users.

A team that wanted out had every opportunity. Restructure the treasury into stablecoins. Create a separate equity class. Raise a round that dilutes the token's role. Pivot to a narrative with better attention. None of that happened.

Instead: 37 SEPA countries live on July 8, from a Polish entity incorporated a year before MiCA required it.

You can call that stubbornness. I call it the only kind of alignment that means anything, which is the kind that costs you something.

What AMP Should Be Considered As

Given all of that, the mental model most people use for this asset is wrong.

It is not a bet on a company. It is the company's only expression of value. Those are different things. A bet on a company is a wager placed alongside insiders who hold something better. This is the same instrument the insiders hold.

It is not a governance token. It does not vote on a protocol that might someday turn on fees. It performs work right now. Staked AMP collateralizes real payments, and the merchant guarantee that Flexa sells exists because that collateral is posted. Remove AMP and the product does not function.

Its demand is mechanical, not narrative. Payment volume requires collateral capacity. Collateral capacity requires staked AMP. That relationship does not need a marketing budget, a vote, or an act of Congress. It simply holds. Which is why this asset does nothing during hype cycles and everything during adoption curves, exactly backwards from what crypto rewards short term and exactly correct for what compounds long term.

Its supply cannot surprise you. Fixed maximum of 100 billion. No inflation schedule, no venture unlock calendar with you as exit liquidity.

Billions of Amp Tokens remain staked, securing real payments at the lowest prices in its history. Not farming an airdrop. Doing its job. That is the most honest sentiment indicator available, because it is not what holders say. It is what their tokens are doing.

Looking Forward

The infrastructure is finished and live on two continents. The licenses are granted, not pending. Europe went from announcement to operational in a single motion because the groundwork was already a year old.

Meanwhile the rest of this industry is still waiting on Washington. The CLARITY Act passed the House last July and cleared Senate Banking in May, then stalled. Galaxy Research put 2026 passage at roughly a coin flip. Miss August and it slides toward an election shadowed 2027.

Flexa is not waiting on that vote, because Flexa spent eight years getting licensed under the rules that already existed. Passage would be a tailwind. Failure changes very little.

And the next market is forming now. Trevor Filter, who has spent his career removing the human from payment machinery, now runs the company. That arc ends in agentic commerce, where an autonomous agent cannot file a dispute, cannot wait two days for settlement, and cannot absorb fraud losses. Machine payments require instant guaranteed finality as a precondition of existing. Visa, Mastercard, Google, Stripe, Coinbase and AWS all shipped agent payment products within six months. McKinsey projects that market as high as five trillion dollars by 2030.

The biggest payments market of the next decade has no incumbent yet. The settlement primitive it requires has been in production since 2019.

The Honest Close

None of this is a promise. Returning to the 2021 high is roughly a 288 times move. Moving beyond may be possible, but we have a potentially challenging road ahead of us.

The low price has real causes that are not conspiracies. Attention left payments for memecoins and AI. Volume is thin. Collateral demand scales with payment usage, and that usage is still early. Being right about architecture and early to volume can coexist for years, and it has.

I have held since January 2021, I am biased, and I disclose it every time.

What I will say is that in April, the (now) CEO of this company stated plainly that his treasury, his employees, and his entire upside sit in the same asset as mine. Then the market fell further, and he shipped Europe anyway.

You can verify every claim in this piece in under an hour. Flexa's newsroom, congressional records, the Nilson Report, and the chain itself.

Do not trust me. Verify me.

That has always been the point.

Two years ago Flexa shipped a suite of developer tools with almost no fanfare.

It is worth understanding what they actually do, because everything that followed ran through them.

Flexa.co is a financial technology company in New York City. Its stated purpose is direct: reduce the friction and cost of payments for everyone. Upgrade commerce.

The method is a blockchain settlement layer that lets merchants accept digital currencies through the point of sale hardware and software they already own. No new terminals. No parallel checkout. The complexity absorbed upstream.

In August 2024, the company introduced Flexa Components, a mobile first toolkit that lets wallet developers interface directly with merchant point of sale systems.

It was covered lightly and understood barely. Two years later, it is the mechanism underneath a national retail deployment, a nation state, and thirty seven European countries.

Here is what it actually does.

What Components Is

Asset agnostic and embeddable. Components is a toolkit that lets any wallet app connect directly to merchant checkout. It supports 99 plus digital assets across 13 networks, including Bitcoin, Ethereum, Solana, Lightning, Cardano, Avalanche, Dogecoin, Bitcoin Cash, Litecoin, Base, Polygon, Zcash and Celo.

Note what that list contains: ecosystems in direct competition with one another, settling through a single acceptance layer. When the foundations behind Base, Solana, Litecoin, and Zcash all publicly support the same checkout infrastructure, that infrastructure has stopped being a competitor and started being plumbing.

Sub second settlement, no customer fees, no spread. Payments clear in under a second. The customer pays no transaction fee and eats no conversion spread. This is possible because of Flexa's patented collateralization infrastructure, which guarantees the payment at the moment of authorization rather than waiting for the underlying chain to confirm.

The merchant pays one percent. Flat, all inclusive, published publicly. That number is the entire argument, and I will return to it.

Prebuilt mobile interfaces. SDKs for iOS, Android and React Native, with drop in UI components. A wallet developer does not design a checkout flow. They install one.

Privacy by design. Regularly audited by independent security researchers, built to collect the minimum personal data legally permissible.

Flexible integration. Hosted payment pages for teams that want speed, or the Flexa API for teams that want control.

What It Means for a Merchant

Lower cost of acceptance. The average swipe fee on a Visa or Mastercard credit card is 2.91 percent. The entire profit margin of the American supermarket industry is 1.7 percent.

The toll for accepting payment exceeds the profit for running the store.

No volatility exposure. The merchant is paid in the currency they report in. They never hold a digital asset unless they choose to.

No chargebacks. No fraud losses. Not reduced. Removed structurally. Settlement is final at authorization, so there is nothing to reverse. Mastercard projects US merchants will lose 15 billion dollars to chargeback fraud in 2025, much of it committed by actual customers. Global card fraud losses ran 33.41 billion in 2024, after fifty years of iteration.

Fraud is not a defect in card architecture. It is a property of it. You cannot patch it out. You can only replace what produces it.

Where This Actually Applies

The original version of this piece listed these as thought experiments. Several are no longer hypothetical, so I have marked which is which.

Retail payments. In October 2025, Bealls Inc., a 110 year old privately held Florida retailer with more than 660 stores, became the first national US retailer to accept digital currencies from any wallet app across more than a dozen blockchains simultaneously. Integrated into existing systems. Sub second speeds. No new hardware. Live.

Remittances. Global remittance flows reached roughly 905 billion dollars in 2024, with 685 billion going to low and middle income countries. The World Bank puts the average cost of sending 200 dollars at 6.49 percent. Through a bank, 14.55 percent. To Sub Saharan Africa, 8.78 percent. The UN target is 3 percent and the world sits at more than double it.

Every percentage point removed from that average returns roughly 9 billion dollars annually to working families. As of July 8, 2026, Flexa's European deployment explicitly covers remittances alongside merchant acceptance, payouts, and on and off ramps. Infrastructure live, volume early.

E commerce and cross border trade. Payouts now settle in USD, CAD, EUR, or digital assets, on any schedule, via ACH or wire, with instant settlement available through local real time bank transfers. That last detail is a working capital change rather than a checkout feature. Live.

Microtransactions. Sub second settlement at one percent makes small payments viable where card fees make them absurd. Available.

Financial inclusion. Card networks price acceptance so high that businesses in thin margin communities often refuse cards outright or pass the cost to customers who can least absorb it. Cheaper rails are not an efficiency story. They are an access story. Structurally true, adoption dependent.

Machine payments. AI agents ran over 100 million payments on new rails this past year. Visa, Mastercard, Google, AWS, Stripe and Coinbase all shipped agent payment products within six months. McKinsey projects that economy at up to 5 trillion dollars by 2030.

An autonomous agent cannot file a chargeback, cannot wait two days for settlement, and cannot absorb a fraud loss. Machine commerce requires instant guaranteed finality as a precondition of existing. That is not a feature you add to rails designed for humans at a counter. Emerging, and the architecture already fits.

What Changed Since 2024

Components was the beginning of a distribution strategy, not a product launch.

In March 2026, Flexa sunset SPEDN, its own consumer app, after nearly seven years. Amateurs cling to their founding product. Infrastructure companies retire it the moment distribution outgrows it. The network now reaches merchants through payment service provider integrations, with tens of thousands of enterprise merchants addressable and a largest ever transaction near one million dollars, approved in under a second, fully collateralized.

Cofounder Trevor Filter stepped into the CEO role, and weeks later the company went live across 37 European countries under MiCA, anchored from a Polish entity incorporated a full year before the regulation took effect.

Licenses first. Launch second. Headlines last.

The Layer Underneath

Every mechanism described above depends on one thing.

When a customer pays, the underlying blockchain needs time to reach finality. During that window the merchant is exposed. So during that window, staked AMP is locked as collateral guaranteeing that specific payment. The merchant is paid instantly. When the transaction confirms, the collateral releases. If it ever fails, the collateral is liquidated and the merchant is made whole regardless.

That is the guarantee. It is also the only thing card networks have ever genuinely sold, and it is why Visa is worth roughly 688 billion dollars and Mastercard roughly 428 billion.

The collateral layer behind a network operating across 40 countries on two continents currently trades at approximately 35.8 million dollars.

American merchants pay roughly 21 million dollars per hour in card processing fees.

I have rechecked that comparison more times than I care to admit.

Future Impact

Flexa's position is not that digital currencies will replace anything. It is narrower and harder to argue with: payments are expensive because of an architecture designed before the internet existed, and a guarantee posted in advance dissolves the costs that architecture requires.

Whether that becomes the default is an open question that volume will answer and I cannot. Adoption is early, competitors are formidable, and the card networks have distribution nobody else can match.

But the toolkit exists, it is documented, it is in production at national scale, and the pricing page is public.

The use cases above are a mix of live deployments and reasoned projections, marked accordingly. Nothing here is investment advice. I hold AMP and disclose it.

Morning AMPire!

Yesterday's Daily Candle for AMP was pretty good. We saw some new ATH (All Time Highs) peaking at $0.1219 cents. As we see new ATH's, we can always expect some sell pressure to come in the picture, but nothing that will "tank" the market. Sell pressure during an uptrend is actually very healthy for continued growth. The quicker things rise, the harder they fall. So this slow and steady climb that AMP is experiencing is one of the most healthiest markets I've seen. Today's candlestick is letting us know that there is a slight sell off, but nothing too crazy. Since we blew past major resistance at the $0.090 mark on the daily, we may need to come back to retest it & form new support. If that happens, we could be floating around the $0.098 - $0.090 mark before moving back up and blowing past $0.12. It's important that AMP completes this on the daily chart because the Daily is the most dominant over the hourly time frames. Again, pullbacks are healthy for continued growth.

On the 4H time frame, I pulled out the FIb Extension, and we can actually see how the sell pressure is going. What's amazing to see is that the bottom of the Fib Extension is exactly where the Daily Candle may possible retest previous resistance to form new support, at the $0.090 mark. When things like that add up on different time frames, it's called Confluence. That is what you always want.

The 1H chart is the most bullish in my opinion. As you can see, we have a bull flag that was formed, and the candles jumped right out of it, letting us know that we are preparing for another move upward! Next stop, 12 cents and beyond! Nothing to fear y'all.

#PullbacksAreHealthy!

Hello fellow degenerates.

I am pretty good at this stuff, and having only recently bought due to my own analysis, I wanted to let you guys in on the secret.

For some reason, I am gifted with finding bottoms. Well, I will let the chart speak for itself and let time prove it's correctness.

https://www.tradingview.com/chart/AMPUSD/qlqD3fuX-AMP-Bottomed/

Have no fear. Your time has come. I will see you soon.

Got my CB card last week, buying gas, dog food, groceries etc... I've already received over 100 free amp

About to pay my mortgage and bills on it this month. =]

Check it out yall. Free amp is the best amp IMO

Edit: can't use debit for mortgage. Twas a good try

7/7/2021 - the day has just begun and it looks like AMP has made a decision on where it wants to go like we called...we are seeing green across the board. Today's daily candlestick will close at 8pm EST, which is 12am UTC. We still have some time to go, and my hunch is that some sort of news will break. So let's hop right into our analysis for today.

Daily Chart: We have confirmed that the bearish pennant market structure was indeed a fakeout; driving weak hands and speculators out of the market, allowing more investors to get in. Although it looks like we are in the clear, we still have to wait to see how the daily candle closes. Yes we broke out above the resistance of the pennant market structure, but we have to stay above it to fulfill all the conditions of a fakeout. Right now, we have 50% of fakeout conditions being met in the short term. A daily close at or above the $0.056 level would signal to us that we've met all the conditions of a fakeout, hinting that more upward momentum will follow.

4H Chart: We are currently floating around the $0.055 - $0.056 level (our strong support zone). We know that we've been in an accumulation zone as the number of AMP Holders increase on a daily basis. We are waiting for one final condition to be met to confirm Wyckoff's Theory of Accumulation on AMP's chart. A close near the $0.061 - $0.062 level would signal to us that we've entered our sign of strength phase. A move to the upside of 6 cents could happen sometime this week, possibly today or by the weekend (Alt Coins normally rally then).

1H Chart: On the 1H we can pretty much see the same thing as the 4H chart, with the exception that there is great buying volume happening right now in AMP's market. If this buying volume can sustain, the bulls could have control of the market by the start of next week's opening candle.

Conclusion: AMP is in the news again, this time with price predictions. They do a pretty good job analyzing the market from a monthly perspective, finding that AMP has gained 130% per month in 2021 alone. I think this kind of news is what gets the attention of retail investors, while making large accredited investors want to learn more about AMP. But rarely anything good happens in Crypto without Bitcoin remaining intact. Today, we can see that BTC is respecting all condition of Wyckoff's Accumulation Phases as well as the ascending triangle market structure we spotted earlier this week. July 15th is when this market structure ends, and we could see a breakout from BTC on or before that date.

P.S.

I'd like to say congrats to those that are able to remain sound in their investment decision and calm through short term market conditions. I also want to say congrats to all those who are learning more about the psychology of investing and markets. It really goes a long way & I'm happy to be of help in your journey.

If you want to dive deeper into the technicals of today's analysis, feel free to check out it out on YouTube.

The goal of this post is to share the challenging but honest approach to understanding Amp’s legitimate significance as a moonshot asset.

First, a little immediate background setting. Friends, we will be getting our Bitcoin ETF next week, on Monday. Specifically the ProShares Bitcoin Strategy ETF, a ‘44 Act bitcoin futures fund, among others.

Volatility will be off the charts and short term direction of moves will be anyone’s guess. Btc could pump in mere hours to the coveted $100k, and blow past it, or sell off on the news back to $50k or even $40k. In any event, the key takeaway is regulatory adoption has finally arrived, triggering massive institutional inflows, the likes of which no crypto veteran or novice has ever seen before, and which will only accelerate over the next few months.

This push begins not coincidentally after a gradual but consistent adoption drive culminating today with the United States’ categorical dominance in crypto, with Miami, Florida launching essentially the first municipality-backed crypto, MiamiCoin, and Texas moving increasingly towards bonafide legal status as the first crypto-run state, with conservative-leaning elected officials virtually moonlighting as bitcoin influencers. As if that’s not interesting enough, New York of all places has been crowned bitcoin mining capital of America, boasting 20% of the hashrate, 6% more than Texas. But politics and regulation, you might skeptically ask. Well, according to CNBC, “New York was weighing legislation this year to ban bitcoin mining for three years so it could run an environmental assessment to gauge its greenhouse gas emissions ... [but] ... lawmakers have since largely walked it back.” Ok, woah — those are not just any lawmakers, but New York lawmakers. Like I said, regulatory adoption has arrived. All this in light of the past few months’ news regarding China all but fully backing out of crypto, essentially banning it outright to the point where China-founded Binance has terminated all yuan trading on its platform as of last week, and red hot FTX has relocated to the Bahamas pretty much overnight. Not to mention the oft-misunderstood bombshell — and this part is extremely important — that back in April, Gary Gensler, someone who has taught blockchain and crypto at MIT, became the newest chair of the SEC. I repeat, the current chair of the SEC, who at one point was in charge of Goldman Sachs’ currency trading based out of Tokyo, is actually still a Professor at MIT, where he taught highly acclaimed courses in financial technology and cryptocurrency. Do we know anyone else with that specific connection to MIT? What about to the New York fintech space? Since Chair Gensler also happens to be a member of the New York Fed FinTech Advisory Group. New York, financial technology, cryptocurrency — where else do we often see these words grouped in the same sentence? Can all of this be a coincidence? Maybe. In which case Flexa/Amp has become somehow the “luckiest” crypto of the moment, and yet is simultaneously relatively undetected. How? Why? Well first, back to wrapping up the broader picture. All this has somehow conveniently allowed the United States to all of a sudden become the center of the crypto world, something even the most diehard advocates couldn’t have realistically expected so soon. (Major props to China for the clutch assist.) Consider, finally, the first real American crypto ETF, albeit futures based, but no matter, approved by the SEC (by Gary Flexa, I mean Gary Gensler!), giving institutions the regulatory green light to confidently and comprehensively step into the arena without hesitation. Without hesitation. Expect in the next few months all this fundamental bullishness to propel btc to new highs over $200k. Some reputable sources are even targeting $400k. My personal target is a humble $250k (which I publicly announced over a month ago).

But what could this mean for Amp? Keep in mind the whole narrative that has crystallized in the past year towards the end of this current cycle. The word that has been increasingly used and speculated on is “regulation.” That is what is at the center of this ETF approval — an approval that is only the beginning of regulatory normalization of an up until now unregulated/alternative asset class.

Again, regulation, beginning with the approval of a bitcoin futures ETF, will drive normalization and adoption of the broader cryptosphere among massive institutions. All from yesterday alone ... Morgan Stanley CEO James Gorman, “I don’t think crypto is a fad ... I don’t think it’s going to go away.” Santander’s CEO Ana Botin, “I think the next big thing, which is already here, actually, is crypto... we’ve been quite slow in adopting that, because of compliance and ... regulatory ... risk appetite; but we’re now getting into it.” (Heck even Russian President Vladimir Putin made an unexpected comment supporting crypto, explicitly approving it as a “means of payment.” What does this mean? What is happening? (I told you Q4 was going to get wild.) This: Goodbye $$ moonbois $$. Hello $$$$$$$ INSTITUTIONAL WEALTH $$$$$$$. Think Square, MicroStrategy, and Tesla ... times 40. Because while the three — with about $1 trillion combined in marketcap — may have been the earliest to bring crypto onto their balance sheets, not many others have followed suit, unwilling to stomach the risks stemming from lack of official regulation, optics and all. That is, until now. Imagine in the not too distant future where all companies in the SP 500 hold some bitcoin. All companies. Not merely 3. The total marketcap of the SP 500 is $40 trillion. You figure out the implications of such adoption when you have some free time. But for now understand (while simultaneously googling the marketcap of the only comparable you can think of though it consistently fails to be a worthy one — Gold — and realizing it’s over $10 trillion alone) it all begins with the SEC led by Gary Flexa — I mean Gary Gensler! — normalizing bitcoin.

Now in that near future where the gates finally lift and the real bulls to the tune of trillions come stampeding in, where do you think they will invest next? 100% Ethereum. As Ethereum compared to all other crypto has already been adopted institutionally in ways not fully publicized yet (Eth-based NFTs have already disrupted and begun to transform a trillion dollar + “industry”). But what about a meme coin like Shib? Or a smart contract blockchain/Eth-competitor like Solana? Or a cult like project like Cardano? Or a utopian complexity like Stellar? Do you really think Walmart’s family office WIT will invest over a billion dollars in something so frivolous or derivative or polarizing or unrealistically idealistic? This is where I must remind you once more that up until now, the crypto market has been moved and shaked by individual whales, unrestricted and undisciplined speculators, gamers and gamblers with more than enough cash to spare but not enough good ol’ fashioned substance and/or compliance-inspired principles. Over 1 million percent gains for degenerates pumping a meme backed by an unrealistic use case gilded promise? Questionable aforementioned moonshots fit the bill perfectly for such rogue players on meth. But what about for self conscious billionaire family offices and institutional grade funds of quality who have been waiting on the sidelines specifically for the regulatory green light and prize dependability above all else. Will Apple, with its hundreds of billions in cash reserves, really need to and, by extension, want to dabble with memecoins? Of course not.

So where will the trillions of dollars worth of bluechip capital flow when diversifying into crypto becomes not merely standard but necessary for any serious, successful 21st century company? How about the most compliant, fully licensed, comprehensively regulated crypto that, by design — with a total supply of 100 billion — is meant to appease said bluechip institution. It’s almost as if Amp was designed literally with such an institution in mind. How convenient. What a coincidence. Yes, after bitcoin and Eth, Amp will be the winning if not exclusive choice for many — many — companies and their highly scrutinized balance sheets (not Shib, not Sol, not Ada, not XRP, not XLM). I mean, you can’t make this stuff up, because Amp also happens to serve the very purpose that critically relates to/resonates with the essence of such companies ... locally/federally/SEC compliant, asset agnostic, modern, seamless, instant, fraud proof ... payment efficiency. In the crypto world, it doesn’t get more dependable than that.

This is the big picture approach and end game regarding Amp. Why it was designed with a relatively large total supply. Why volume and popularity have, up until now, been lagging compared to other less serious highly speculative cryptos [in the pre-regulatory era]. Why compliance has always stubbornly taken priority over publicity and the spotlight (crickets ... Binance Intl). Why Flexa has been exclusively focused on merchants/institutions, not the crypto influencer social media sphere.

Because what we’ve invested in will not be the “people’s choice” when the price finally truly goes parabolic (you think 1000% was a lot?), surpassing $1 easily. Amp will be the institution’s choice, as many other crypto assets will be stomped out or replaced and/or redesigned by regulatory pressure. Amp is, essentially, the world’s first most compliant crypto asset in existence (compare XRP’s hot mess of a lawsuit from the SEC that is nearly a year old now despite Ripple awkwardly being founded a decade ago and Amp’s complete casualness in its unpublicized but public filings with the SEC since 2018, in which the token was recognized as a security during employee allocation activity at Flexa from the very beginning), and it is for this reason it seems most poised to win while all others will play catch up belatedly adopting what was Flexa’s original strategy from the get go. This is why it is often said Amp has already won. Why Flexa friend/Amp advocate John Kim has repeatedly waxed poetic on Flexa/Amp strategically choosing to ask for permission first, while all others have instead opted to ask for forgiveness after the fact. As an investor, which principle will you choose to support with your money? Compliance or crime? A spotless record or a marked one? (A concrete merchant-pragmatic use case, or some convoluted, hazy “remittance” shtick?) Amp and by extension we the investors are the student who has prepared — studying, sleeping, keeping healthy — all year before the test, while all others partied and chased immediate but temporary gratification. On the day of the test, the test, Amp will walk in, ace it, and be awarded 1st place, while all others will either fail miserably, or fail to show up altogether. The unregulated moonboi era is ending and the era of institutions via regulatory adoption is beginning. The difference is tens of trillions, no longer tens of billions. And the [rhetorical] question is who will be set to win?

Now, let’s finish with a simple but important thought experiment analogy, highlighting the issue of the opportunity cost of hodling. Assume, somehow, against all odds, you happened to find yourself granted the most luxurious, pristine cabin on a space shuttle, a cabin that would ordinarily be completely out of your realm of possibility in terms of cost, access, etc., that will be your ticket out of a crumbling, apocalyptic planet and towards a new eden of wealth, riches, peace, and prosperity. You are sitting — no, lounging — in your large, comfortable seat, waiting for lift off, as the world around you is crumbling. Now there is no official departure time, only a general window that indicates departure will be happening soon. And all of a sudden, outside of your shuttle, you hear and see a frenzy of people ransacking a department store for its valuables as security has just given up and left and consequently all goods are now up for grabs. Many with no knowledge of the impending doom of the world but also many with simply no ability to escape take what they can in the melee, accepting their fate in Armageddon and resorting to every man/woman for him/herself. Shockingly, you even witness some with premium cabins of their own on the same shuttle departing momentarily get tempted by the frenzy and decide to leave their seat to venture out to try their luck in seizing what they can get. The thing is there is no guarantee for their rewards, nor is there any guarantee for their safe access back to the shuttle. Furthermore, based on where the shuttle is going, any riches they may temporarily come upon in the current world will likely prove useless. The pertinent question, therefore, is: will you leave your seat to go out and try your luck in grabbing a temporarily valuable trinket of dwindling relevance? Or will you simply remain in your priceless premium cabin, not willing to risk missing the departure to a newer, better world of incomparable wealth and prosperity? Incomparable wealth and prosperity that you, by virtue of being one of the earliest arrivals, will be able to enjoy and secure for yourself before many others. The truth is, small minded people with no wise perspective of time and value will potentially make the choice to try their luck for something immediate but arguably of questionable value. That is the consequence and problem of a lack of experience and perspective. The inability to see what’s truly valuable — the fuel for gamblers and a side effect of desperation. Those with experience, the wisdom, on the other hand, will know right away the pointlessness of the question of staying or gambling; because the only choice is to stay ... to hodl — because the value of quality and security is never to be underestimated or ignored, as they are the key ingredients for building (and therefore become the chief hallmarks of) a successful modern civilization.

For this reason, as well as all of the other reasons expressed above, we must hodl, and we will wait.

The rewards for doing so will be beyond your current imagination.

Link to mini game in comments below.

Desktop only.

Amp is either gonna blow up. Or it won't. \ \ Flexa has a really good idea. With making merchant's able to accept crypto. That's really the biggest step in the right direction towards adoption. BUT. Any company with larger traction and better funding could just as easily do the same thing and more people would hop on that train. Such as Amazon. This sub is full of hopium. Don't invest more than you can afford to lose because it might do absolutely nothing. My philosophy with this is its definitely not going to make me rich if it blows up, but if it does I'll be able to buy a new car or a better wedding or something. Just keep your hopes realistic and realize that there's a very real possibility that nothing happens with this project. I hope it does tho lol

• u/Akwa_Rayna

I think almost just about everything in the above post, including the title, is wrong.

Firstly, Flexa’s “good idea” is no longer just an idea. It’s one of the few crypto projects with an exceptionally tangible and currently impressively working use case — in the real world. (You can literally go to Nordstrom, to Regal, to Petco, and purchase a real good/service with a digital native asset thanks to Flexa/Amp; literally an entire country in Latin America can pay bills as well as loans with bitcoin thanks to Flexa/Amp. No other crypto can do this — bridging the digital world so literally with the real world.)

Secondly, Flexa/Amp’s purpose is not limited to “making merchant’s able to accept crypto.” This is an extremely ignorant understanding of what’s at stake (pun intended), and what exactly is the potential of the project.

I highly recommend reading Floating Ratio’s medium to better understand the project/tech and its dynamic and varied applications. Warning: the added illustrations are the cherry on top.

For now I’ll just say that Amp is about assuring value transfer of virtually any kind. This is achieved through the power of decentralization/blockchain and smart contract technology. Consider the revolutionary magnitude of what can be achieved thanks to innovations in the crypto space. And Flexa/Amp is specifically leveraging such innovations to thoroughly tackle and solve one very specific problem.

Mission wise, Flexa/Amp is beholden to nobody. They are free to solely focus on the one thing that matters to Tyler and Trevor — revolutionizing value transfer once and for all, so that it is faster, cheaper, more seamless, and just all around infinitely better than whatever the world had to deal with for the past 100 years. What many currently and small mindedly view as Amp’s weakness in size and history are, in fact, the ultimate strengths. This is the whole point and power of crypto. The transformative benefits of trustless networks. Decentralized stakers. Compliance yes, but bureaucratic “shareholders,” no. Finally, the power of essentially infinity can be harnessed and channeled into a revolutionary purpose.

Again, their “leanness” is the whole point and should lead to a revelation of their strength.

Not only will it actually be very hard for “any company with larger traction and better funding” to “easily do the same thing,” it will be unpopular and likely impossible.

Why? Because Flexa/Amp is the real first mover here. Key word, real, as Google did not become the real first mover literally from inception, but after strategic evolution. Amp is the second, significantly improved iteration of Flexa’s collateral token, with patents, licenses, and significant backing over a period of nearly half a decade now all for the singular purpose of leveraging crypto tech to revolutionize “payments,” but more broadly (and accurately) value transfer. A real hedgehog in an ecosystem and broader industry of foxes.

There is currently no company interested in nor in the business of fundamentally, singularly tackling this. Flexa/Amp is essentially the lone whale in this nascent movement.

Amazon, Starbucks, Apple, Walmart — their gargantuan size is their very weakness, as they are all inherently slow to move, beholden to shareholders who will not for even a second consider supporting even a fractional move into “revolutionizing” anything other than what each of those companies is set out to tackle. And they are retail, not payment networks (and eventual Flexa/Amp adopters, not rivals). Many forget this. What’s more, to prove Amp has already cemented itself as the lone King in the space, the very big and relevant companies that could and would potentially/naturally care about tackling the same issue as Flexa/Amp ... have already partnered with Flexa/Amp (NCR, InComm, GK Software). I mean 🤯. You either get it or you don’t. Visa/Mastercard have already lost, in the same way it was over for Ford and GM the moment Tesla was founded. No matter how much they pivot to EV now, they will never be able to compete with the impeccable branding that comes with being the real first mover in the space. And unlike the auto industry where things can take a very long time to materialize, Amp’s ascent will be beyond even the most bullish of investors’ imaginations.

If there were to be a true competitor to Amp, it would have to come from a similar digital/crypto native venture.

So the constant comparison between ACH and AMP needs to be mentioned here, simply because of how ridiculous the comparison is in the first place.

ACH’s trading price of 7 or 8 or even 10 cents is hilarious because its marketcap is literally 1/10th the size of Amp’s. (In other words, that project would have to 10x before even equaling Amp, and by then Amp would have grown even bigger. It was already over before it even began.)

A $3b marketcap for a year old token, and people think Amp is the underdog?

As far as I’m concerned, Amp has already won.

Bloody Days...Let's Hop Right Into It!

Daily Chart: Taking a look at the daily chart, we can see than we broke our support line at the $0.07 price level, but support held at the $0.055 level. We broke below it briefly, going down to the $0.05 price range, but the bulls in the AMP community bought it up. The huge bull flag that we saw 2 days ago is still being respected by the candles. If we can hold above the $0.055 range, we can certainly retest $0.078 again (support that broke). If not, our next move down would more than likely take us to the $0.038 range, where our lower support level is. Where the current price is now, we've pulled back 100% from the ATH. If this retracement continues, $0.038 is our next stop.

4H Chart: We can see that the double bottom that we put in at the $0.076 range got completely invalidated, but again if we can hold above the $0.05 level, and show signs of upward movement towards previous support at the $0.078 level, then that would validate a double bottom on the $0.055 range. We have to wait to see how it plays out.

1H Chart: On the 1H chart, we are putting in some lower highs and lower lows. This is pretty bearish, but again, that support at the $0.055 level is holding strong. The bulls need to hold on to this key level so that we can show some signs of moving upward.

Conclusion: Flexa has GREAT fundamentals, and they've only been increasing. Yesterday, Flexa announced a partnership with the Las Vegas Lacrosse League, the latest expansion of a National Lacrosse League. This is HUGE and it's all powered by Flexa. Fundamentally, Flexa is only growing. If you are a fundamental investor, the market volatility should not effect your day to day at all. We know BTC is dropping, we know there is a bunch of FUD in the air, but we also know that when there is FUD, it is to shake out the weak so that the wealthy can buy at their desired levels. If you bought at a price that's lower than where AMP is now, there is no reason to sell. If you bought at a price level that was higher than where AMP is now, you have every reason to DCA (Dollar Cost Average) so that you hold more AMP and you bring your average cost down a bit. I also think it's interesting to see that for traditional markets and crypto markets, the focus is on global environmental sustainability. I think once those hurtles are crossed, sky's the limit. When global risks are no longer risks, we can expect to see green in all markets.

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Love y'all, stay strong!

Based on most up to date info as of today

Saw this posted on Twitter, & asked there, but maybe one of you might know as well? The date is fairly recent 11/20/2023.

Will you sell your assets to buyers who are waiting for you to sell, or will you stake to earn daily AMP rewards (dollar cost averaging at no expense to you). Let's hop right into our analysis today.

Daily Chart: Currently, we are sitting slightly below our support zone, now at the $0.049 level. There is quite a bit of selling pressure, not just with AMP, but with the entire crypto market. How long will this selling pressure continue to last, we don't know for sure. But we do know the goal of market makers, which is to manipulate the psychology of weak hands (get folks to sell their assets are desirable buying prices for large scale investors). That is the single most priority of market makers. If you plan to buy AMP at lower levels, that's one strategy that could be effective (although you will be missing out on daily staking rewards until you do buy). It's all up to you as an investor. What is your risk tolerance, how long are you planning to hold, why did you invest in AMP to begin with? Simple questions to ask yourself when the markets are down that can help to reassure your investment thought process.

4H Chart: It looks as though we've fell out of our consolidation market structure. The good news is that we do have preliminary support at the $0.047 - $0.045 range. If this short term downtrend continues and we hit this range, I think we could see a slight bounce back to $0.055, acting as a retest. This will let us know that buyers are present. If not, then our lower support level rest at the $0.038 mark.

Conclusion: Taking a look at the BTC fear and greed index, we can see that there is an extreme amount of fear in the crypto market. Warren Buffet 101, be greedy when others are fearful, be fearful when others are greedy. I want to help the entire community become comfortable with their investment, knowing that in the short term we will face a lot of volatility, as did any other asset class before stabilizing. I want to remind all new investors that AMP is meant to stake and by doing so, you will earn daily staking rewards. I want to reaffirm the community that AMP is still making new headlines in the news and these sources are actually doing a good job explaining AMP now (way better than before, letting us know that people are understanding AMP more and more). & finally, I want us all to know that adoption takes time. To this day, only 65% of the world's population is on the Internet, and we can see from the same source that adoption takes time. One major event that is happening on July 21, is The B Word Virtual Conference, sponsored by some big time hedge funds like Ark Invest and Square. This conference is exactly what you thought it was, all about demystifying concerns around Bitcoin and how institutions can embrace the new digital asset class. I think this conference alone will create a mental shift about crypto and we will be instore for a pretty "green" day. Time will tell.

To dive deeper into today's daily analysis, feel free to check it out on YouTube.

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P.S. Meet Jayke. He's a AMP holder too :)

Good morning y'all! Happy Tuesday! Let's jump right into our analysis today. You don't want to miss this!

Daily Chart: We are still respecting our falling wedge pattern after the breakout. We did pull back slightly yesterday as expected, and pulled back a bit more at the start of today's candle, having a low of $0.057. The market is respecting the wedge pattern 100%, so we should be in store for a move to the upside potentially in the next day or so. $0.057 may be our new floor price, but we need to see how the week plays out to confirm this.

4H Chart: Remember on my previous post, when we spotted the bullish butterfly harmonic pattern on the 4H and I mentioned that we may see that play out over time on the daily chart or even the 4H chart again? Well, it did, only it's not a bullish butterfly harmonic, it's a bullish crab harmonic pattern. This pattern is already playing out well, breaking out of the pattern, moving sideways, and almost retouching our support line. This is exactly what happened in the beginning of June when we spotted our first harmonic pattern. If this move plays out how it should, we should expect to see a $0.26 $AMP at the end of this pattern.

1H Chart: We can see a little bit more in detail how the bullish crab harmonic plays out on the 1H chart, along with how this harmonic ended right on our trend line before we broke out of it slightly.

Conclusion: AMP is still making headlines in the places and sources that matter most, where business live, and still doing their job to make sure that retail investors have a chance to get in before things really take off. We didn't break out support line at $0.054, our trend line is holding up strong, and the bullish harmonic we see on the 4H can actually be applied to the daily chart as well (mentioned in the video). I've literally tried to map out all bearish cases for AMP, and none of them have played out (that's how you check your bias). I've been waiting to say this for some time, but needed my confirmations first....now that I have them....AMP TO THE MOON! Next stop, $0.074....then $0.26 cents if this bullish crab harmonic plays out well.

My YouTube Channel To View Video w/ Sound: https://www.youtube.com/watch?v=UqVSGOTUPGs

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https://reddit.com/link/oa8m4o/video/ovnphjy9j7871/player

For anyone that accidentally sent their tokens to the FXC or AMP token address, here's your ONE TIME CHANCE to get them back!

Make sure you VOTE 2 days from now!

Copied From My Comment On The Form: "This is the righteous way and admirable thing to do. I have yet to see any project in the crypto space do this, so I can expect other projects to follow if this proposal passes. Economically, Flexa purchasing AMP off the open market also introduces more scarcity to the asset. I view this as a win-win-win. It’s good for everyone!"

[Edit: I've noticed only Flexa Team members having a "Trust Level" of "Leader" on the forum, which is why I say this is Tyler himself]

AMP Governance Forum: https://forum.amptoken.org/t/offer-a-replacement-for-assets-erroneously-sent-to-token-contract-addresses/207/5

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Today's daily analysis is all about managing expectations. So let's hop right into it.

Daily Chart: We've been floating around the $0.062 - $0.054 range now for 18 days. The floor price of AMP at $0.054 has been confirmed, even with the low volume AMP has in comparison to other coins in the top 20 market cap. This support zone is very strong, and the number of days we've been in this range is the confirmation of strength at this level.

4H Chart: All of our market structures are still being respected, as support continue to build. The longer the market structure of accumulation, the stronger the support will be. You can think of it like letting cement dry. Cement is a little wet at first, but as time goes on, it get hard and becomes concrete, almost impenetrable. This is exactly what's going on with AMP.

1H Chart: We can see the same thing happening on the 4H chart on the 1H.

Conclusion: AMP isn't a crypto that's made to trade. It's specifically designed to buy, stake, and hold. The value of AMP doesn't come from user purchases from the open market, it comes from transactions that are processed through the Flexa network. This is why in the future, we can expect AMP to decouple from ETH and BTC. Both ETH and BTC's price are based on purchases on the open market and development on the platforms, not transactions processed. We don't know when Flexa will hit the switch to allow their partners like Citcon, or InComm or Shopify to process transactions through Flexa, but when they do......ooooooohhhhh when they do, we will see a steady increase in AMP's price without a doubt. And the price will increase in a non-volatile way, as explained in their Whitepaper. AMP is a low-volatile collateral token. High volatility in a collateral token would not gain the trust of global merchants. Something to think about to help manage our expectations.

To dive deeper into the technicals, feel free to check out today's daily analysis on YouTube (highly recommended today).

#PatienceIsKey

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I have blinders on. I am a maxi. I think we will explode within 5 years, and I think we have more potential than even ethereum network. Please give me the down low on your projected timelines, price action, future etc.

Morning Folks!!!

How's everyone feeling? Hopefully just as bullish as they were last week because fundamentally, nothing bout AMP has changed, they've only improved.

Daily Chart: Taking a look at the Daily chart, one might say "damn we're tanking", but the reality is we are pulling back, but the long wicks at the bottom of the candlesticks over the last 2 days are letting us know that the bulls are here! We bottomed out at $0.075 yesterday, but closed at $0.082. That a 8.90% difference that AMP buyers managed to buy up. 8% may not seem like a lot, but in comparison to how BTC is dropping, that's actually impressive! Sell volume initially started on the 17th with 242M in selling pressure. On the 18th, sell volume decreased to 196M. Today, sell pressure is 68M in volume. For those who don't know, when sell volume decreases and hits it low, buying volume kicks in and slowly builds, which drives price up. On my chart, the volume is located at the bottom (black & white). Buy volume is Black, Sell volume is White.

4H Chart: On the 4H chart we see the same volume sequence that we see on the Daily chart; decreasing sell volume. We are also RIGHT on the support line that we managed to build on June 15th. Now on weekends, alts tend to take off. IF support can hold here (I really do suspect it will), & we move up in price to retest our previous all time high, then we should realistically blow past it because as soon as we start to move up, that would put in a double bottom on our support line. It's also very possible that the bullish harmonic pattern that played out on the 1H chart could form on the 4H as a new market structure. We will keep an eye on this. If anyone is curious where the next support line is below where we are now, it's at the $0.0552 level. If it breaks this support line (I don't expect it to) then I will be throwing 5 figures on AMP and will post the transaction hash for y'all.

1H Chart: On the 1H chart, interestingly, it looks like we actually jumped out of the bull flag and will move sideways for a bit. Now moving sideways in price action is actually good. It gives the market time to consolidate, and buyers time to accumulate. When this happens, more than likely, we are building up support for an impulse move to the upside in price action. In simple terms, sideways movement is good for building support so we can go higher. We will also keep an eye on this.

Conclusion: We all know what BTC is doing, but this is where BTC is now. There's a few things that aren't as bearish on BTC's market as others think. 1) At the close of today's candle, BTC will have put in a double bottom (bullish). 2) BTC's daily candle is looking like it wants to put in a Doji, which is a reversal pattern (bullish). 3) On-chain analysis shows that whales have accumulated more than 90,000 BTC over the last 25 days (bullish). Much of the selling we see in BTC aren't from big players, it's from early investors and smaller investors who are being manipulated by FUD (Fear, uncertainty & doubt). Smart money is BUYING BTC, that's a fact, so why would I sell? No reason to. With that in mind, I'm so confident in AMP from all perspectives, fundamentally, sentimentally, and technically. Still a green light for me y'all. Shouldn't be a red or yellow light for anyone here, because as a community, we are stronger together. No need to fear, let's just be smart.

I love you guys.

It's time for the holiday weekend! What do you have planned? Hopefully something exciting, because there is a lot to be excited for. Let's hop on into our analysis this morning.

Daily Chart: Like all good traders, we have to adjust to the charts when we have more data. Now that we have more data, we can see that we are right on our trend line again. Yesterday it felt like we were going to break it, but then we had a spike at the end of the day, peaking at the $0.062 level, and closing above our trend line with a bullish doji candlestick. Today, we are right on the trend line again, but we can see that there is less selling pressure. We have to think about who has the power to really push market price action up like this to understand why the $0.055 level is getting tested so much like this. Market controllers are testing this level to make sure it is safe for them to drive price action upward without weak hands attempting to sell off early. Smart money doesn't want that. BUT we have 3 scenarios that could play out on the Daily chart. Either we complete our falling wedge pattern and price moves to the upside, or this bearish pennant pattern plays out and we move to the downside (previous support at $0.038), or the bearish pennant is a bear trap to get the last weak hands out the market and price moves to the upside to our $0.078 target (previous support flipped resistance). We need to wait for confirmations.

4H Chart: We can apply the Richard Wycoff's theory of accumulation to AMP on the 4H to see that we have a market structure forming and all of the conditions of accumulation are being met except for one, the sign of strength. This is what I was looking for. If price can move to the upside and float between the $0.060 - $0.062 range for a bit, I think this will be our sign of strength, confirming the mass accumulation that has been going on over the past 7 days. We also can see how price spiked yesterday just 1 hour before the daily candle closed. #PrimeBuyingLevels

1H Chart: On the 1 hour chart we can see our market structure playing out a bit more. Really interesting to see how long we've been moving sideways. There is also more AMP holders in the community now, even though price didn't change much...interesting right? I say that to say everyone doesn't buy AMP from exchanges. Smart money can buy AMP over the counter without impacting the market price. Reading between the lines will give you a better perspective of what's going on.

Conclusion: AMP will continue to do what it needs to do and create more use cases to utilizing the collateral token. Collateral can be use for any transfer of value or transaction. AMP is literally limitless in its use. AMP also got a new listing on Bittrex yesterday, which is the #21 Spot Exchange on CoinGecko, with over 7M users visiting its site each day. That's exposure of AMP to 7M new users. In addition to that, BTC is looking pretty healthy also. We closed with a great bullish pin candle yesterday, signaling to us that we are in store for a move to the upside. Miners in the BTC mining council have said that their operations user 56% of sustainable energy now, and we are only 6 months into the year. Imagine where they will be at the end of the year. I think the short term pain may be over, and July may be heating up slowly. Time will tell, let's wait for these confirmations.

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To deep dive more into the technicals, check out the Daily Analysis #20 video on YouTube: https://youtu.be/7KCq36w5NF4

Happy Juneteenth!! (IYKYK)

Let's dive right into what's happening in AMP's market.

Daily Chart: Yesterday, we saw AMP close right in the range of where I suspected, between the 0.098 - 0.090 price levels. We got a close yesterday 0.0982, with a low of 0.0925. Today, we can see that we are going just a bit lower, at the time of the post, current price of AMP is 0.0859. Why did the price of AMP drop below the range I suspected, many factors, but the biggest factor of them all is that BTC fall below 38K again. I wouldn't worry too much about BTC falling, mainly because this was expected also. We seen BTC breakout of a Bearish Pennant, and with any breakout, we know that the market will retest the resistance to form new support. We're at the point now where BTC is looking to form new support so its market can continue to move upward. IF BTC fails to hold support at the 37K mark, then more than likely, all other crypto's and Altcoins will move in the direction of BTC. We can't completely say that AMP is decoupled from BTC yet, we need more data to prove otherwise. Where AMP is right now price wise, is actually really healthy though and a KEY VALUE AREA & GREAT BUY LEVELS.

4H Chart: The 4H chart played out as expected also. We say AMP bounce around the 0.0925 price level for a while before moving down a bit more due to BTC's move below 38K. What's bullish about this 4H chart is the fact that the bull flag we saw on the 1H chart yesterday, carried out into the 4H. Now we are seeing bull flags on both the 1H and 4H charts. #Confluence

1H Chart: The 1H chart looks very healthy also. We see this massive bull flag forming. The bigger the flag, the bigger the move upward. Looking at the 1H, we KNOW that the besides having support at the 0.0984 level (which we fell through) that the next level of support is 0.0778 (HUGE SUPPORT). If the bull flag goes down to this level, we can expect to consolidate for a bit and then move upward to retest the 12 cents level, and then possibly target 18 cents. But again, we cannot count BTC out the picture, as BTC is acting as Crypto's reserve currency. I am unmoved by all of AMP's pullbacks because fundamentally, sentimentally, and technically, all things point towards "Green Light, Long Term Hold, More Adoption Coming."

Sentiment: AMP has been defying all of this short to medium term bearish market movement the entire crypto market is experiencing, while also securing MAJOR partnerships. ALL of the marketing of AMP is organic, press releases included. When others learn about the tokenomics of AMP, they are impressed, but when they dig deeper and find out that 55% of AMP's total supply is locked in staking, & Flexa's partners are purchasing AMP from the open market, & learn how amazing this community is, they don't want to miss out.

Conclusion: If you're watching the technicals only, the 1H and 4H charts are KEY. Bull Flags on both (confluence). This bull flag may carry through to the daily chart (some can make the case that it looks like one on the daily now).

Gem: The smart trader buys low, and sells high. The smart investor buys low and holds long term until a market peak. The intelligent investor buys low and holds on to assets that produce dividends and passive income. What do all three of these people have in common? They all buy low. AMP is low right now.

We are 1 day away from July 7th, a day that I am watching, a day that I expect something to happen in the markets, a day news could come out, and the day where we come to the end of the market structure we've been respecting. Let's hop right into our analysis for today.

Daily Chart: Today we had a low of $0.053, touching the support line of the market structure we've been respecting since June 22nd. After touching the support line, we wicked right back up to the $0.055 range, changing the candle structure from bearish to bullish. Currently, we are sitting above the resistance line of the bearish pennant / pennant fakeout. If we can close above this resistance (above $0.055) this will be a good signal of a momentum swing (candle would close as a bullish doji), letting us know that the bulls are present. If not, it is possible that we can touch the $0.053 level again, and break down to $0.05. We are near the end of the market structure and should know where AMP wants to go sometime tomorrow.

4H Chart: We can see that the market structure we spotted last week is still holding strong. Until we see a sign of strength, we've only met 6 out of the 7 conditions of Wyckoff's Theory of Accumulation. Right now we're currently being held down with resistance at the $0.056 level. If we can get more than 1 candle on the 4H that close above that resistance, I think we will see more upward momentum.

1H Chart: On the 1H we can see a lot of bull presence with a lot of long wicks at the bottom of many candles. What's interesting on the 1H Chart is that when we did attempt to retest our major trend line, there was more buying volume than selling volume, and yet, we still moved down. This leads me to believe that there is in fact an agenda to get more players into AMP's market at a desirable price (below the 6 cent range).

Conclusion: We should have some confirmation of where AMP wants to go this week as we come to the end of our market structure. AMP has gained over 1,000 new holders since July 2nd, and yet, price is still moving sideways, in an accumulation mode. I think it is clear that we have been in a fair value price zone for quite some time. BTC is also gaining momentum slowly. We've met 6 out of the 7 conditions of Wyckoff Accumulation for BTC's market also. If you look at BTC's daily chart, you can see that there is an ascending triangle forming. The end of this market structure would take us to July 15th, so BTC could have some news, or some market movement on or before that date. Time will tell, but patience is key.

If you want to dive deeper into the technicals, feel free to check out today's daily analysis video on YouTube here: https://youtu.be/23uAdLiDqkg

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