APT. Ambiguous situation.

11 Des 2022

Looking at TA, we can see an ascending triangle forming with a potential breakout target of $8.5. But I am confused by the FDV (Fully Diluted Valuation), the lack of an ecosystem and future unlocks. A capitalization of $600 million speaks only of a speculative component and expectations that, after unlocks, can flow like sand through your fingers.