Antshares has experienced a flight in recent days of more than 1000%.
Why did she go up so much?
Quite simply that a conference is scheduled for Thursday, June 22.
There has been a lot of interest in this cryptocurrency, of speculation !
Now it is in fold of nearly 30% compared to yesterday, it is due to a good party of people who wish to take the profits + panics seller.
But can it have risen to 12 € ?
I think so !
The conference schedule was published with all speakers and topics to be discussed.
And we see the location of the event with microsoft, rather interesting not ?
The panic sells have for me only one way to stabilize the antshares the time of the event and that only the event will have a direct impact on the short-term listing.
While in the long term, the crypto will have a good future, it has several partnerships and this is only going to grow in the coming months.
Thank you for reading my article and I invite you to like the post and follow me for more content on cryptocurrency and various analysis.
See you soon,
FrenchFrance
Indeed, Antshares is a decent technology based on Byzantine Fault Tolerance and benefits from the large potential China user base. However, the trading action with 1500%+ returns in one month suggests the coin has fallen under a hype cycle. I would caution you to beware of long positions in this name. I sold 80% of my position that I purchased one month ago in the $10 to $13 price range.
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You have done well for a maximal value in safety, the rest name sold is a party of the profit in the end, so even left in the long term you will not lose;)
For now I keep, I earn 100 € since this morning
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