Is anyone concerned with Synereo dumping 1 mil AMP from Founder Reward Wallet?
Not me, they said they won't sell more AMPS, they already fundraises like 4 million $ I think.
There was also some talks about coin burning in the future. So it's more likely that the supply will shrink and the price of AMP will go up.
I was also thinking, why would they dump their founder reward when they raised like $ 4 mil USD?
Where did they say they won't sell more AMPs? Are you aware of their June 30 announcement on Slack?
Meanwhile, 400k more AMPs have left
Founder Reward Wallet, of which 300k went directly to
exchange-looking address.