Post
Topic
Board Announcements (Altcoins)
Re: [ANN] AMP - The Currency That Powers Your Attention On Synereo
by
revelacaogr
on 30/08/2016, 22:28:01 UTC
Maybe it's time to recap basic numbers:

General

Coinmarketcap shows 62,585,264 (or 62,737,901 according to synereo doc) AMP as total available supply ON MARKET

That would be nice if it's total number, but actually initial total number was 2,000,000,000

With current price it would make 367,700,000 $ , it's much more but it's still just ~1/3 of Ethereum

After 1st crowdsale

Now the good things

319,600,000 AMP were destroyed after crowdsale and it makes total number of available AMP 1,680,400,000 with current price it's 308,941,540$ and it would make it market no. 3 just behind Ethereum

After 2nd crowdsale

After first crowdsale, 15% AMPs were destroyed. It's hard to say how many will be destroyed after 2nd crowdsale, but let's assume it will be similar

Let's also assume 2nd crowdsale will be similar to the first (45 million AMPs), then there will be about 108 milion AMPs on the market

and marketcap will be about 19 million $

If burn will be similar there will be total 1,360,800,000 AMP in existence with evaluation 246,620,505 $

Summary (risks and outlook):
* there is lot of "hidden" AMPs
* total evaluation is quite high but mosty depends on:
  * how good a release will be
  * how many AMPs will be destroyed
* I don't like second crowdsale, I believe further development should have been invested from price increase and slow distributed seloff on market  
* I don't like big amount of AMPs, there should be max. 200 million AMPs available

Disclaimer: This is just my own research I shared, don't do any investment decision based on this. Numbers might not be correct, but you know this, right?




AMP is very expensive right now.The price must go down so all investors buy from the exchanges and not from the ICO 2 (( in.price 33000 sat )).In this way the DEVs will  burn all the ICO 2 coins and the price will  skyrocket....


hahaha