/biz/ - Business & Finance

Chill frogs. We are still in Stage 2 of the AMPL Stages of Ampl Lion King Chart: https://twitter.com/PepeSoros/status/1335020433880489986

Seeing $AMPL pass $400m market cap point over the last 48 hours put us at the edge of 2 going into stage 3. But realise that we had 10+ days of daily green candles, 250% marketcap increase. A pullback was inevitable. Also a good signal we were entering Stage 3 and also due a pullback was getting more tweets and discussion from "mainstream" accounts like
DegenSpartan (lol yes, Spartan is mainstream! lol)

Also "remember" (lol), during July's big run we had several pullbacks. Even today the rebase will be around 4% and reward those buying after this double drop to $1.20. And within 2-3 days of the pullbacks last time the market cap was again back... and the run continued..

And we are only 2 weeks or so into a 3 month incentive program with 120% - 232% APY incentives lol - so this isn't over. There's plenty people in the geysers just printing money, not batting an eye at this and aiming on a 2-4 month timeline.

This is just the pull back. It WILL shake out some noobs who bought, made 100% roi and are now 20% underwater, confused and inexperienced and unsure what to do.. But that's what this move is designed to do. Induce fear and panic, re-distribute to strong hands and carry on.