The recent downtrend of bitcoin can be attributed to increased profit-taking by investors who entered the market during the downturns of 2022 and 2023, as well as ETF investors who witnessed significant price appreciation on their shares after entering the market in the early weeks of 2024
Malaysia prepares to welcome Chinese Premier Li Qiang as countries mark 50 years of bilateral ties. MYEG’s Ztrade, which streamlines the export of goods to China and is slated for official launch in 2QFY24.It could mark commencement MYEG ZTrade cross border trade between China and Malaysia. This follows the agreement of the e-government service provider with China Customs’ wholly owned agency East Logistic-Link to jointly provide a full suite of cross-border trade facilitation services that include certificates of origin on the Zetrix blockchain platform
I am quite sure end May will touch $1 before Ztrade launch... Because the project is simply too huge, innovative, up to trend block chain, Monopoly... Not state, not kampung but country wide support
Myeg price up controlled by EPF KWAP Share price will only fly to the sky after EPF. KWAP. dispose all. Repeat ytl Sunway Hope EPF KWAPdon't buy but only sell fast.
@JMpower, di Youtube ada fungsi Auto-Translate di "Setting", Klik "Setting" >>> klik subtitles >>> klik "Auto-Translate" >>> pilah bahasa yang diingini >>> selesai & enjoy ;D
EPF and KWP together made net disposals of slightly more than 33 million units between 24 April and 2 May based on announcements made to date. They have taken some profits during the recent rally. During that 6 trading day period, turnover was about 1.02 billion so their selling was quite insignificant.
If EPF continue buying ,is bad news. The share will go up very slowly, May take a year to reach RM1 Good thing is the share will not down. If EPF sold all,only takes 1hr to reach RM1, reach Rm2 within a month Nobody dare to push up to sky If they hold many many shares
I am referring to the above website for "Self-reported circulating supply" data.
Self-reported circulating supply (The amount of coins that are circulating in the market and are in public hands. It is analogous to the flowing shares in the stock market)
As at 5-5-2024 (5:30pm) = 144.14 M ZETRIX. As at 17-3-2024 (7:57pm) = 87,038,588 ZETRIX.
57,101,412 ZETRIXs were added to the market in 49 days. ____________________________________________________________
Just to have some fun with calculations >>>>>>>>>>
Assuming ZETRIX selling price = 15 USDT. 57,101,412 x 15 USDT= 856,521,180 USDT. 856,521,180 USDT x 4.5 = RM3,854,345,310. RM3.854 Billion Revenue in 49 days !!! So, in 90 days (1 quarter) = RM7.079 Billion !!! 1 year = RM28.316 Billion.
but was told MYEG acquired 50 percent stakes on Zetrix (an ecommerce company) their partnership now MYEG 50 /Zetrix 30 due to China port authority appointed Zetrix as their agent to allow importer&exporter in and out of china to apply their document online. the day MYEG price jump 21 cents becos they signed the MOU
let the sell down stabilize first. analyst advice is to collect only if the price break .85 to 89 for the next rally of TP 1.00 TO 1.20. am monitoring daily to watch the price dip. but for now am concentrating on SNS
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....
Tenka226
153 posts
Posted by Tenka226 > 2024-05-02 16:56 | Report Abuse
The recent downtrend of bitcoin can be attributed to increased profit-taking by investors who entered the market during the downturns of 2022 and 2023, as well as ETF investors who witnessed significant price appreciation on their shares after entering the market in the early weeks of 2024