I can't disagree if you think this is a dark and gloomy days for Ampleforth.😔

Head and Shoulder pattern, Large dumps, Negative rebases,

FUD.

Scary isn't it? 😓

The token itself described as a experimental token. Well, as same as Bitcoin and Ethereum at their early stage… Which smh became popular decade after.

The reason Bitcoin and Ethereum became popular because these token actually the first mover on the market. Nobody thought about digital gold as store of value before, nobody thought about decentralized computing network before.

So… do you think nobody thought about digital money with elastic supply before? Actually there is: Basis - but they can't deliver sadly…

Ampleforth is the first one who could deliver this innovation on the market.

Everything seems nice and all till the storm comes:

Hopium twitter tweets,
Influencer pretending to be mates,
Moonbois rises,
Filling the price with hypes,

Resulting extraordinary price moves.

…

Which also made me buying at 540m market cap 😂😭 (current mc is around 200m at the time of writing)

It just because i think we can made it to atleast billions marketcap tbh. But hey, look at the bright side: we had our first higher high! 😅 if lower low found we can end up consolidating and see what pattern is forming. Healthy price action is what I seek in this stage, so… well- let's see!

Binance listing soon (idk when), and this coin is the first one with elastic supply which is unique and had a great potential.

In huge loss Rn, but had high hope with this coin, atleast for next 1-5 years to see its performance.

Uhh… I think that's it.
Also I hope nobody fell into AMPL clones.
ByeBye