cryptointuition posted: " Photo by Priscilla Du Preez on Unsplash https://anchor.fm/s/5a96ee20/podcast/rss Summary Amp has utility and it makes sense. #AMP #CRYPTO --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Sup"
Welcome to Crypto Intuition. I would like to begin by saying that I am not a financial advisor. Anything I say should not be mistaken for financial advice. This is for entertainment purposes only. The Ethereum based cryptocurrency AMP reminds me of the guy in high school who often gets overlooked and ignored, but yet becomes a powerful force after college. Amp serves as collateral for transactions in the advent of things going wrong. Who doesn't like protection? I do. And, I think you do too.
Amp is partnered with Flexa, Sushi, Gemini, CoinGecko, and Uniswap. Those are pretty much big-wigs. Hard to deny the utility factor of an often ignored token. There is a fixed amount of Amp token value to protect itself from price volatility, but it would seem this is irrelevant from the future value of the token. After reaching its all time high at 11 cents on June 16th, the price of AMP retracted back around 5 cents. But, that is to be expected. Crypto traders are notorious for taking profit upon realizing that they are in the profit range. Keep in mind traders also lose. They win some and lose some, so don't get into thinking swing trading and short term trading is easy. It isn't and there are many instances where people have lost everything.
So, how high will AMP go? Realistically, it may not reach 1 dollar anytime soon, not within the year; however, 25 cents is possible within 5-6 months. Don't get me wrong, it could, with a big catalyst that could drive the price to a dollar in that short amount of time. Until then, there's only speculation upping the price.
I would like to take this moment to thank my listeners around the world from the United States, Europe, and Asia, and more. Can you believe it? My podcast is over a month old. This is my 43rd episode. Thank you.
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