matthewmorganjoh
Long

Better News For AST :'-)

BINANCE:ASTBTC   AirSwap / Bitcoin
On the upside for AirSwap - I am actually incredibly bullish . They have an amazing project! For the longer term - 3 to 6 months - we will definitely see another Bull Run! BTC took everything down with it for the most part. That is one reason why AST is in a WXY correction. But that's okay, because that just means we will bounce back even harder!

Long-term macro thoughts is that AST will blow through its previous high. Reaching up to 23 - 25k Sats . After that, we will see it as high as 35k. Then a large correction, then what?? AST is a great project. It has value. This is not the end!


More macro thoughts:

AirSwap is currently sitting at an $88,000,000 marketcap. Reaching from 6k satoshis to 35/36k would essentially mean a 6 times gain. This would put AirSwap at just below a $600,000,000 marketcap. That's not even top 40!

Of course, we have to consider the rise of BTC and all that since that's what we are trading. So, if Bitcoin jumps to $64,000 like Cliff High thinks will happen in April, a 35k satoshi coin would be $22. That seems a little aggressive, but certainly hitting 4/5/6 dollars is highly reasonable (60 cents to 6 dollars is 10x oh my). But who knows! If everything in the top 50 is sitting on 1 Billion dollar marketcaps and above, we could see these prices in AST! We can never underestimate crypto bullruns.

Comments

Very nice, you make great points! Thanks for the chart and analysis.
Reply
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