Ambrosus have been holding 1/3 of all the AMB tokens for a long time now. And over the last 3 months have they dumped all the tokens on the market. I find this dumping strange to be honest. I will post different scenarios under.
Positive : most of the AMB tokens are in circualtion
Negative : not sure why they have dumped all the tokens on the market over this short period. Exit scam ? I not say it is so please take what i write with a grain of salt.
Many have been waiting for the IBM collabiration/partnership news that never comes. I know IBM are in collabiration with VeChain so why will a giant like IBM use both VET and AMB when both projects doing the same thing ?
AMB have been in a heavy downtrend in a downtrend market. but if we look at the circulating supply from 15.08.20 until today than you know why AMB have been trening down. More than 80% of all the AMB tokens that was in circulatingbefore the dump have been locke dup in staking. So the dumping we see now are not the stakers/holders but Ambrosus dumping on the holders.
I not try to create FUD just pointing out what i see. This might look like a exit scam to me.
And it tok forever for Binance to support the token SWAP. But 80% + of all AMB trading take please at Binance. Than i think it's strange the swap would take that long time to confirm. Most other cryptos can be traded on almost every exchange out there. But AMB can only be traded at Binance and Kucoin. If Ambrousus was more seriouse they would pay other exchanges for listing imo. I find this all strange to be honest.
Please write what you think and know under in the comment section.
Positive : most of the AMB tokens are in circualtion
Negative : not sure why they have dumped all the tokens on the market over this short period. Exit scam ? I not say it is so please take what i write with a grain of salt.
Many have been waiting for the IBM collabiration/partnership news that never comes. I know IBM are in collabiration with VeChain so why will a giant like IBM use both VET and AMB when both projects doing the same thing ?
AMB have been in a heavy downtrend in a downtrend market. but if we look at the circulating supply from 15.08.20 until today than you know why AMB have been trening down. More than 80% of all the AMB tokens that was in circulatingbefore the dump have been locke dup in staking. So the dumping we see now are not the stakers/holders but Ambrosus dumping on the holders.
I not try to create FUD just pointing out what i see. This might look like a exit scam to me.
And it tok forever for Binance to support the token SWAP. But 80% + of all AMB trading take please at Binance. Than i think it's strange the swap would take that long time to confirm. Most other cryptos can be traded on almost every exchange out there. But AMB can only be traded at Binance and Kucoin. If Ambrousus was more seriouse they would pay other exchanges for listing imo. I find this all strange to be honest.
Please write what you think and know under in the comment section.