Zetrix_official @zetrix_official · 14h Join us on our journey to unleash the full potential of $ZETRIX, a Layer-1 with a present market cap of $582 million. --------------------------------------------------------------------------------------------- @laulau, u r correct! $582 million/$9 = 65 million tokens (ballpark).
Opportunity only comes once in a Bluemoon. Why chase at high price? when you can Buy low while stocks lasts?
MYEG's POTENTIAL UPSIDE LOOKS GOOD! Here are my comments with regards to UOB Kayhian's write-up & TP for Myeg: 1. Zetrix sold 1.2M Zetrix coins at USD5 each during ICO on 28 October raising RM28.68M for Myeg. Please note that current circulating supply of Zetrix coins is 65.33M. With current market price of Zetrix coin at USD8.13, it already raised RM2.54B for Myeg! These income will be reflected in Myeg account in the coming Quarters. We could forsee a big Final Dividend from Myeg as a big reward for shareholders' confidence & support! 2. Contract extension for Myeg E-Services for Immigration & JPJ already obtained. 3. ICO & Listing of Zetrix token on 28 October already done at Coinstore, BitForex & MEXC. 4. Myeg should be able to achieve TP of RM1.18 & Bluesky TP of RM3.73 in the longer term since market is so bullish on Zetriz coin which is currently trading at USD8.13 or a 62.6% gain. Taking Myeg's support price of RM0.78, a 63% gain will push Myeg's price to RM1.27!
RECOMMENDATION: Collect Myeg as much as possible on current weakness and wait for the Big Pump from the Market & Foreign Funds!
Ztrade already in operations for exports to China & Ztrade projects to be implemented in other SEA countries from 2024. ~ let me share with you some of the Ztrade projects for you to check it out further ~
when a thief come into your house to steal, he will either comes at night undetected or played as conman pressing your doorbell in police uniform confusing you, scaring you to give in and sell out. - The sindiket-
Indeed, with much of the uncertainties removed and Zetrix already launched, MYEG is not moving as expected. My take, when times were so bad MYEG didn't go much lower, showing strong support despite everything. Risk reward is attrattive even tho it's generally no good when stock price does not move on confirmation of bullish events
With JPJ & Immigration contract renewal confirmed by Govt. & Zetrade export services to China launched, Myeg should be able to achieve TP of RM1.18 & Bluesky TP of RM3.73 in the longer term since market is so bullish on Zetrix coin which is currently trading at USD8.67. With Myeg's support price at RM0.79, a 73.4% gain will push Myeg's price to RM1.37 taking into consideration income from sale of Zetrix coins by Myeg & new source of income from Ztrade services.
RECOMMENDATION: With day traders & weak holders out of the way and since Risks vs Rewards is favourable. Collect Myeg on short term weakness while waiting for the Big Pump from Institutional & Foreign Funds.
Most crypto tokens are designed to be used within a blockchain project or decentralised app (dapp). Unlike crypto coins, tokens aren’t mined; they are created and distributed by the project developer. Once tokens are in the hands of purchasers, they can be used in countless ways.
@moneySifu Here's some of the answers to your questions which I asked on your behalf at Zetrix Official Telegram.
Hello ser! Such a nice friend of you haha come ask him and join our tg or discord!
1)for the seed round we can't disclose who are the parties that purchase, due to privacy issues. for seed phase started quite some time ago around 2020/21
2) people who staked with Zetrix tokens are only entitled to the block reward .basicaly due to consensus, The elected witnesses receive the transaction fees from the validated block, and that reward is then shared with users who pooled their tokens in the successful delegate’s pool.
3)Zetrix has been live since 26 Mar 2022. which means this supply includes Total Genesis Block and ZTX mined in consensus.
Our Consensus reward block rate = 44ZTX per 10s if non-empty block or per 60s if empty block.
4) not necessary, but it depends on the project consensus algorithm& blockchain solution, I would say Mining the words, refers to the process of validating transactions on a blockchain network by solving complex mathematical equations
5) of course, running on Blockchain doesn't mean we don't need manpower, R&D, and so on.
Thank you so much, bro Simon, it is so kind of you and truly appreciate your time & efforts.
I may not fully understand the technical aspects of the answers, but it does help me to have better understanding and clearer picture where to go about
Without taking into consideration the one-off recognition of fair value gain, operating PAT increased by RM29.96 million (or 33.25%) which was attributable to the contribution from our Zetrix platform.-->meaning zetrix already contributes 25% of today profit!
Comparison with Preceding Quarter’s Results : The increase in Revenue of RM9.25 million (5.00%) and PAT of RM8.75 million (7.86%) was primarily due to: i) contribution from our Zetrix blockchain platform; and ii) contribution from the sale of Zetrix tokens. -->meaning QoQ zetrix profit increase 8%!
The increase in Revenue of RM9.25 million and PAT of RM8.75 million was primarily due to: i) contribution from our Zetrix blockchain platform; and ii) contribution from the sale of Zetrix tokens implying zetrix business fetch indeed super high profit margin >90% !!!!
It also imply that once Myeg establish Zetrix blockchain platform, any sale of zetrix token is almost PURE PROFIT. The more these zetrix digital token sale, the higher profit
Myeg result consider good liao. Immigration Foreign Workers System stopped running from July to Sept, income should be impacted, but other incomes from Zetrix grow so good and cover up. QoQ profit and revenue grow smoothly, foresee good result the next 2 Qtrs. & good dividend coming. Strong holder here! 💪
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
U1818
707 posts
Posted by U1818 > 2023-11-12 14:27 | Report Abuse
ZTX above USDT 9 already, 14 days up 80% ;D