AMPL bullish for the next 24hrs???

Seriously?
This project has a monthly unlock token for seed investors and foundation token which is tons amount of token. If you will see there chart last July, that is the exact date where seed investors first token unlock. This token is useless to buy when the price is below the rebase range because you will suffer loss on negative rebase. The elastic supply idea is not working because they have a huge monthly token unlock that affecting the balance of the economy thats why whales are always scalping this token daily then sold before rebase.
AMPL is shit token same as YFI. The only DefI that I trust is $DOT and $LEND. The rest is garbage especially AMPL which is an obvious ponzi.