Friends i want to ask about a think that i realy cant explain...there is a token called AME that had an ieo price of 0.02...the token get listed on bithumb globale and the price down to 0.006 (bounty hunters and airdrops)...after the sell off end the price go up and stay a long time between 0.01 and 0.013...the team annaunced a new listing at mxc exchange and everyone expect a big incrass(the token had just 2.5 mln$ marketcap at 0.01) but what really happened is that the price decrass to 0.005 within one week and this make me confused...now the price is 0.08 and i start believing that what happened in mxc in the first days wasnt innocent
Who have an idea about the situation?
Not really surprising, this happens on so many coins when they get listed it's not only Amepay, expect this to happen on any coin's first listing and even when it gets listed in a big exchange, but if the project has potential and they are gaining liquidity and volume is high, there is no need to worry, Amepay is a good project, based on what I see on their development, the token will regain it's all-time high, just follow it's development.