ANT Token - Price & Trading topic

There are several things missing from that image…
Seeing Ant’s price go up…
Seeing Ant in the Top 10…
Is that too much to ask?

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It’s hard to for people to understand, picture of monkey on yacht.. ahh good investment, much buy, fartcoin, yesss number go up.

They will come around :smiley:

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It looks like the NFT that had a 1.317.000 ANT allocated to it has been sold yesterday for 60 ETH (at that time $1800/each). That’s $108.000 averaging a buying price of $0.082 per ANT.

Edit: arbiscan link added: Arbitrum One Transaction Hash: 0xd55d6d0509... | Arbitrum One

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That is a great deal for both parties involved. (without taking too deep of a look, surely a muuuch better price than the seller would have got dumping on uniswap?)

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Who remortgaged and bought it?

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I hear you and I’m as much a devotee as the next man! ha!

However, the ICO was about 2c or there abouts. Are we saying, after 10 years of inflation, toil, massive progress, a well functioning (capable of video streaming, under 1 second latency, etc) self-healing production network, a selection of usable apps, with many more apps in the pipeline, millions of ant nodes… are we saying we are only worth 5x of the original dream and basic prototypes?

Given the network effect, this is where the data and community is clustered around too. It has been for over 10 years. We know David and the team have and continue to deliver. We have more proof than ever of that now.

With inflation alone, that 2c becomes 3c. Are we only about 3x that now?

I find that preposterous. Any talk of being sub-ICO price seems nuts to me. I’m sure it’s not just my boundless optimism either! :sweat_smile:

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I don’t think this has anything to do with the perceived value. I think most people here can see that $0.11 is a bargain. However, I personally think that in those years people’s financial situation could be different. Some people are going to need to sell because of tax related events. The 20 million MAID loan is ± around the same price today as during the loan, so the 50% return is a profit for them (also taxable). The liquidity on the market is so thin, that even if only 5% of those coins want to be liquidated to cover any expense or for whatever other reason, that could dip the price pretty massively. So I think what most people are trying to say when talking about lower prices is that they expect a short dip and moon (in a healthy way) from there.

You can count the people that think $0.11 is overpriced on 1 hand, maybe even 2 or 3 fingers. But that’s exactly the reason why I’m partially in USDC, because everyone that thinks $0.11 is cheap is already 100% in ANT. That leaves only the supply to come for those in a cash position. I could be wrong and the market can move away from me here, but that’s obviously fine too, it’s not like anyone here has 0 ANT.

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There are things I feel, I believe, I think. And while I feel and believe many of those optimistic things you have mentioned, I honestly think that the worth is decided by the market.

Hard to adjust the MAID price/market position from 2014 to the current Ant price/postion when each has a different total supply, and, most importantly, the market now is a different sphere these days.

That’s how it looked the week past the MAID ICO:

If sitting at 3x the price MAID had then seems ridiculously mispriced now, count in our current rank rather than the price :wink:

It obviously was/is possible not to have a working product and sit at 10-12 or even higher for years, and it’s also possible to have a stable network bursting with app ideas and potter around the seventh hundred. Preposterous or not, it’s possible. Do I wish for the best? Hell yeah. Is it guaranteed? We are no island.

EDIT: Had we somehow not lost our status relative to the market rank, I’m “sure” we’re in the teens now. At least.

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Ha! Yeah, the rank is another example of craziness, but I care much less about that. Tbh, I haven’t thought about that in years, especially since coinmarketcap started moving out projects they didn’t like, etc.

Ofc, the token is only worth what the market is prepared to pay for it. 40c for MAID was probably reasonable before ANT was born, all things considered. Now 40c seems cheap too.

I can already see clear markets for Autonomi and it is surely only a matter of time before others do too. At that point, we should hold onto our hats!

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Too me it felt more reasonable if MAID was 10c for a majority of the time, feels like it was market manipulation, wash trading that held the price way too high.

Currently it is not that important what the price is at the moment, when apps soon coming then the network can be used for real, outside cli. So much value is being created that sooner or later it should be reflexted in the market.

For people getting stuck with looking at the current price, lift your heads and look what is being created and what are about to come in the near future.

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Most likely, the buyer of this NFT is going to try to make money by selling the ANT in slow pieces on Uniswap without driving down the price. They might try to unload some, most, or all of the ANT this way. Naturally this will keep the price of ANT down.
Also, if ETH rockets up, this strategy is totally affected.
So the good news is, you may have a lot more time to buy underpriced ANT.
The bad news is, if your finances are tight, you may have to sell at a lower price than what it is really worth just to eat and pay rent.

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Im thinking a year down the line ,and who knows what projects and companies will be involved then,but if the network keeps going the way it is now in one year or less we could easily be well into double dollar figures.

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I think it is becoming more likely we get an extended btc bull run well into 2026. If so, good projects with real value will rise through the sea of shitcoins… and that’s probably very few.

And it gives the ANT network more time to grow.

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Someone received 3 million ANT tokens on his address about 2 hours ago. Followed by 4 times 10K ANT sells on Uniswap with ± 10 minutes in between. Could be someone trying to scare some people and shake out weak hands, but if they’re genuine sells he got a lot left for sure.

https://arbiscan.io/address/0x2131779F9a7b42a04eeA79A7CE1DD9577853d26D#tokentxns

Edit: Does anyone know what the address is that funded this? because it seems like 2 hours ago a batch airdrop went out: https://arbiscan.io/address/0xdb273132f244ed6877fb52ca450dac39eb795976#tokentxns

Seems to be an addresses funded by the foundation (which is also the address the impossible future votes are deposited into)

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A thanks, it’s the MAID conversion process. That makes sense. Thanks!

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anybody else feeling pretty poor? :smiley:

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Every day :sweat_smile: It’s good to see people with large capital in the Autonomi space though. Those guys usually got wealthy for a reason

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yeah - next time we choose our parents wiser :smiley:

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They must be feeling poor if they need to sell at these prices :money_mouth_face:

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