blockchainreporter
  • News
    • Altcoins
    • Bitcoin
    • Blockchain
    • Ethereum
    • Adoption
    • NFT
    • DeFi
    • Metaverse
  • Education
  • Glossary
  • Advertise
No Result
View All Result
Bet Now
blockchainreporter
  • News
    • Altcoins
    • Bitcoin
    • Blockchain
    • Ethereum
    • Adoption
    • NFT
    • DeFi
    • Metaverse
  • Education
  • Glossary
  • Advertise
No Result
View All Result
blockchainreporter
Bet Now
No Result
View All Result
Bitcoin
BTC
1d:
7d:
Ethereum
ETH
1d:
7d:
Polkadot
DOT
1d:
7d:
Solana
SOL
1d:
7d:
Ripple
XRP
1d:
7d:
Shiba INU
SHIB
1d:
7d:

Ambrosus (AMB) Coin Showing Bullish Tendencies, Set to Become a Serious BTC Price Competitor in Q4

Tom Nyarunda by Tom Nyarunda
October 21, 2018 - 9:28 am
in altcoins news
0
Cardano (ADA)
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter
  • AMB plans to release their Mainnet 2.0 AMB upgrade in Q4 2018.
  • FOMO will drive users to buying AMB near its launch date.
  • Predictable tech upgrades announcements create the right environment for bullish price movements.

The entire cryptocurrency market has experienced a rather painful decline during the past few weeks and it can be difficult to pinpoint the real reason for the sell-off. However, analysts predict some good tidings for AMB which they think will show some bullish tendencies as it plans to release their Mainnet 2.0 AMB upgrade.

Ambrosus Coin Picking up the Steam

Ambrosus Coin (AMB) developers are about to take the bull by its horns even as the coin becomes a top contender of the coins that are poised to beat the BTC price in the last quarter of 2018.

The AMB coin traded at an average of $0.21303 which is -0.04% lower than the previous week while its market cap is slightly over $20 million. Analysts believe the coin could hit a $100 million market cap and if that prediction comes true AMB will have a 500 percent increase.

Several cryptocurrencies have lined up MainNet updates in the previous months and there is a common tendency to what happens to coin prices as they near the launch dates. The common practice has been crypto prices surging upwards as the MainNet release date inches closer.

There is a close correlation between crypto coin prices and FOMO or the Fear of Missing out. Cryptocurrency users will check crypto calendars to catch the news before anyone else.

There have been cases where people have doubled their investments in a matter of minutes or hours like XRP did a few days ago. AMB’s MainNet Version 2.0 will be released towards the end of the fourth quarter of 2018 with the big announcement expected in December. It is this predictable announcement of tech upgrades that create the right environment for bullish price movements.

Slew of Developments in the Pipeline

The reason AMB is expected to become a shaker is the number of developments going on behind the scenes and the number of partnerships expected. The technical developments, partnerships and being listed in the leading exchanges are what make it an attractive coin in the cryptoshpere.    

Ambrosus (AMB) is a blockchain-powered ecosystem, which, according to its website, plans to use the DLT and IoT to track products across the supply chain to give a guarantee of their safety, quality, and origin. The idea is to ensure consumers know exactly they are purchasing.

The Ambrosus network partially runs off the Ethereum blockchain using its native coin called the Amber (AMB), an ERC20 token which is a database token that links the backed up information onto the blockchain and into the smart contracts.

As AMB plans an upgrade in Q4 plus the MainNet 2.0 upgrade, the price is likely to head North as FOMO sets in.

 

Tags: BTCCryptocurrency
ShareTweet
Tom Nyarunda

Tom Nyarunda

Entrepreneur and freelance writer based in Nakuru, Kenya. I cover cryptocurrency, the Blockchain technology, and financial topics. It’s my joy to transform the simplest phrases in a way they reach a reader’s heart to help them discover how crypto is disrupting the world as we have known it. I believe in transforming the world, one word at a time.

Recommended For You

WRX Coin Price Prediction: Will WazirX Rise amid Ongoing Crisis?

by Shayan Chowdhury
February 8, 2023 - 5:31 am
0
WazirX

According to our WRX coin price prediction, the digital asset may witness a massive pump if the WazirX platform eliminates its current allegations. 

Read more

Algorand Foundation Declares Huge Collaborations in India to Push the Boundaries of Web3

by Umair Younas
February 7, 2023 - 12:25 pm
0
Algorand Price Prediction 2030

Algorand Foundation’s target is to support the enhancement of employment opportunities within the web3 ecosystem of India.

Read more

Signature Bank is Being Sued for Allegedly Ignoring FTX Fraud

by Kester Odero
February 7, 2023 - 12:06 pm
0
signature bank

Statistica Capital is suing Signature Bank over links with the FTX fraud. Stastisca, says they had consent of FTX's fraud plans but said nothing.

Read more

How Cryptocurrency Casinos Came about and What Happened as a Result

by Wayne Jones
February 7, 2023 - 11:35 am
0
casino

The emergence of cryptocurrency casinos online was a breakthrough in the gambling industry.

Read more

Attacker Exploits CoW Swap DEX and Drains over $180K from its Contract Address

by Shayan Chowdhury
February 7, 2023 - 10:00 am
0
CoW Swap

Recently, security firm PeckShield alerted that an exploiter drained over $180K worth of assets from CoW Swap DEX and transferred them to Tornado Cash. 

Read more
Next Post
Dubai’s Court of the Blockchain

Dubai’s Court of the Blockchain

PARTNERS LIST

PRESS RELEASE

Coinbase-Backed DeSo Unveils MegaSwap, a “Stripe for Crypto” product, with Over $5 Million in Volume

by chainwire
February 7, 2023 - 3:02 pm
0

Los Angeles, United States, 7th February, 2023, ChainwireDeSo is excited to announce the launch of MegaSwap – a revolutionary, cross-chain...

The Future of DAOs Takes Center Stage in Tel Aviv

by chainwire
February 6, 2023 - 8:00 am
0

Tel Aviv, Israel, 6th February, 2023, ChainwireThe DAOVOZ collective is excited to announce the inaugural DAOVOZ Tel Aviv event on...

Game Space Powers Web3 Gaming With the Launch of Player One Tournament, Aligns Partnership with Splinterlands, Gods Unchained and Big Time

by Max Clark
February 3, 2023 - 12:00 pm
0

For Player One Tournament, Game Space will continue to cooperate with more public chains, various gaming guilds, Web3 Infra, Web3...

Metacade presale investment rockets past $5 million as GameFi investors hurry to buy remaining MCADE tokens

by chainwire
February 2, 2023 - 3:38 pm
0

London, United Kingdom, 2nd February, 2023, ChainwireThe Metacade presale is selling out fast with stage 3 coming to a close...

BlockchainReporter is a trusted name in the cryptocurrency and blockchain technology news space, keeping its readers abreast of the latest and most significant trends in the industry.

Here at BlockchainReporter, our team of global writers is dedicated to providing price analysis on leading cryptocurrencies and covering the latest developments pertaining to bitcoin news, altcoins news, blockchain news, NFT news and cryptocurrency adoption news from around the world.

News

  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • Adoption
  • NFT
  • DeFi
  • Metaverse

Info

  • Education
  • Glossary
  • Market
  • Press Release

Company

  • About Us
  • Terms & Conditions
  • Advertise
  • Sitemap
  • Contact

@2022 – Blockchainreporter.net. All Right Reserved.

No Result
View All Result
  • News
    • Altcoins
    • Bitcoin
    • Blockchain
    • Ethereum
    • Adoption
    • NFT
    • DeFi
    • Metaverse
  • Education
  • Glossary
  • Advertise

@2023 - Blockchainreporter.net. All Right Reserved.