Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 82.42% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 25: Walimai announces they have signed a sourcing agreement with Australian body care company Clean & Pure. They aims to bolster ttheir product portfolio with a variety of cosmetics and skin care products crafted from Australian ingredients.
May 30: Wabi announces they are adding over 60 new Australian food and cosmetics products to the Walimai platform.
June 27: Walimai and Network Foods Australia Pty Ltd signed a MoU to engage in joint e-commerce, cross-border projects. Together, this allowsAustralian and New Zealand brand owners / suppliers the opportunity to manage their own ’Smart Kiosk’ Point-of-Sales within China while also protecting their products with Walimai smart-label technology. This allows for the sale of a broad range of Walimai-protected ANZ products to millions of Chinese consumers.
July 3: Walimai announces a collaboration with OneZone to engage in product authentication and traceability projects with New Zealand manufacturers and brand owners.
July 3: Walimai announces New Zealand Gold , a premium infant formula brand manufactured by the leading NZ dairy company and CNCA/CIQ approved for China.
August 8: Wabi announces expansion to 5 Chinese provinces: Gansu, Guangdong, Zhejiang, Chongqing, and Sichuan. August 8: Wabi announces expansion to 5 Chinese provinces: Gansu, Guangdong, Zhejiang, Chongqing, and Sichuan.
August 8: Wabi announces the production of the latest iteration of our anti-counterfeit label has begun. The labels, equipped with NTAG 213 TT chips, come with the Proof of Consumption feature, the ability to transmit status after tampering attempts, and native iPhone (iPhone 7 onward) compatibility.
August 28: WaBi announces partnership with HiNounou (a connected healthcare and intelligent data platform) to provide healthcare-focused products and services to senior citizens in China. We join the shortlist of prestigious HiNounou partners, which includes AXA , Ping An , Bayer, and ZTE Angelcare. This partnership opens our retail channel and WaBi up to a whole new industry, and a significant new demographic: China’s elderly (which comprises over 230 million people in China), their immediate family, and care takers.
September 5: Wabi announces rebrand including:
*New brand names have been finalized
*New logo, design language, brand color pallet developed
*Requisite domain names have been acquired
*IP registration is on-going
*PR agency for China and abroad ( B2B & B2C) has been engaged
*Press narratives have been developed
*Target media channels have been identified
*New label design and features are on-going
*Website development is on-going
January 2019: Techrock orders 300,000 anti-counterfeit labels to keep up with China’s demand for authentic goods.
March 6: Tael (Wabi) announces that it has expanded to more than 100 cities in China.
March 21: Techrock annpounces that it has been accepted into Mitsubishi UFJ Financial Group’s Digital Innovation business accelerator. Mitsubishi UFJ Financial Group is one of the top 10 largest banks globally.
March 31: Tael (formerly WaBi) token, has officially partnered with Inagora for a joint crusade to provide the assurance of authenticity to Chinese consumers for Japanese products. Inagora is one of the largest cross-border EC platform companies in Japan and has received over 70M USD worth of investment from Itochu, KDDI, SBI Holdings, and others.
April 3: Tael (Wabi) lists on the cryptocurrency exchange: Coinspot Australia.
April 8: Tael (Wabi) announces that it has doubled the number of non-crypto users of its tokens.
The price increase is the result of a recovery in the overall crypto markets and the positive developments highlighted above.
***The "Crypto Bottom Signal" and "Crypto Peak Signal" used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for further details)