Just brushed to $AMI and broke a new high! The ATH of $0.147 came a bit violently, but looking through the Amnis Finance ledger, this rally is really not a false fire - let's nag why I dare to lock it into a long-term position 👇
Shake off the dry goods first: the severely undervalued market capitalization password
You will understand the accounting:
$LDO corresponds to $300 billion in ETH and a market capitalization of $640 million;
$JTO corresponds to $77.9 billion SOL, with a market capitalization of $696 million;
And $AMI corresponds to 3.1 billion dollars of APT, and the market value is only 11.2 million dollars??
According to the ratio of JTO's market capitalization to the market value of the public chain, AMI should have touched at least 27.7 million dollars in market value - the current price is 2.5 times the bottom, not counting the DAO governance and staking weight, which have not landed!
Quietly, if APT breaks through 6 knives, the demand for TVL and LSD on the chain will explode, and $0.3 will be just 🌚 a small goal at the first stop
Why bet on Amnis? These three points are too ruthless
1️⃣ Aptos LSD track absolute leader
From stAPT to amAPT, these two LSTs have been wildly grabbed by major protocols in the Aptos ecosystem, and have become liquidity infrastructure just like stETH on ETH.
2️⃣ DAO governance is not about painting pies, but about delegating power
The governance system that has just been launched is the main thing: holding coins can vote for validators, adjust staking parameters, and manage the treasury, which is much more than those projects that call for decentralization. Yesterday, I saw with my own eyes that the community was arguing about whether to delegate power to new nodes, this is a living DAO!
3️⃣ LFM endorsement + anti-fall physique
I remember that the last time the market plummeted, AMI was one of the few coins that did not follow the halving, and rebounded and directly rushed to a new high. Needless to say, the team background is that LFM's projects have never been crotched at Aptos, and everyone who understands it understands it.
Real chatter: Why did I go from 0.035 to now
To be honest, when I first entered the KOL round, I was interested in the ecological potential of Aptos, but the speed of Amnis's implementation really exceeded expectations - while others were still drawing a roadmap, they had already launched validator decentralization and governance.
Now the position in my hand has been 3 times, but to be honest, I dare not sell: look at the trend of LDO and JTO, once the leading effect is formed, the subsequent increase is the big one. In particular, APT is about to engage in DeFi Summer, and if this wave of wind is seized, 0.147 may be just a fraction...
Finally, a heart-wrenching word
It's hard to find a coin that you can hold on to Aptos, and many projects rely on speculation on concepts, but Amnis is one of the few that can turn "narrative" into a "mechanic". DAO governance is not a gimmick, it is a key step to tie the price of the coin to the value of the protocol.
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