Category: NFTs (Page 1 of 2)

Will ApeCoin Continue to Skyrocket in Value?

Will ApeCoin continue to go up in value?
You can now buy ApeCoin with Coinbase – Will ApeCoin keep going up?

Should you get in on ApeCoin or stay the hell away from it!?

ApeCoin was made available to retail investors on Wednesday, March 16th.

The cryptocurrency comes from a partnership between The Bored Ape Yacht Club and a decentralized company, ApeCoin DAO.

The new cryptocurrency has gained the attention of the retail community primarily invested in NFTs and crypto.

But stocks, crypto, NFTs, that’s what the new generation is all about.

ApeCoin started at $1 per token and is currently trading over $14!

Will the cryptocurrency continue to go up in value?

Let’s talk about it.

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What is ApeCoin?

ApeCoin is a cryptocurrency deriving from the Ethereum blockchain launched by the Bored Ape Yacht Club (BAYC).

If you don’t know who BAYC is chances are you might have seen their popular NFTs online at some point.

They depict creative and stylish bored apes that sell tremendously high on the market!

Below is a gallery of their work.

Bored Ape Yacht Club NFTS

The company Yuga Labs is the creator of both the Bored Ape Yacht Club and now ApeCoin.

ApeCoin is owned and operated by the ApeCoin DAO, a decentralized organization where each token holder gets to vote on governance and use of the Ecosystem Fund.

What is the purpose of ApeCoin?

ApeCoin ($APE) is a token for culture, gaming, and commerce used to empower a decentralized community building at the forefront of web3.

The cryptocurrency is essentially creating a token for members of its community to further enrich its NFT culture.

Will Yuga Labs’ new cryptocurrency have the same ‘status’ as Bored Ape Yacht Club NFTs do?

It’s certainly possible, but I’d love to hear your thoughts on this in the comment section at the end of the article.

The project is looking to create value within the blockchain culture, which has many possibilities that are still to this date unknown.

Just like when the internet was new, this new culture of blockchain technology is going to change the world.

Crypto, NFTs, and everything that we currently know in the space is just the beginning.

Where can you buy ApeCoin?

Buy ApeCoin with Coinbase
Buy ApeCoin with Coinbase

You can buy ApeCoin through a crypto exchange such as:

  • Coinbase
  • Gemini
  • CoinMarketCap
  • Binance
  • Kraken
  • FTX

Something curious happened when the new cryptocurrency launched, it was available on every major crypto exchange.

The crypto is still fairly new and I anticipate as it continues to gain more attention, more retail investors will take a position.

How many ApeCoin tokens are in circulation?

ApeCoin circulation - ApeCoin supply
Will ApeCoin keep going up?

ApeCoin has a total max supply of 1 billion tokens and 277.5 million are currently in circulation, which equivalates to only 28% of the total supply.

ApeCoin’s total max supply is less than Cardano (ADA, 45b), Ripple (XRP, 100b), and Algorand (ALGO, 10b).

While the new cryptocurrencies circulating supply is relatively low compared to its max supply, investors must be aware that developers may increase the circulating supply at any moment.

Increasing the supply (like any other cryptocurrency) would lower the price of ApeCoin.

The cryptocurrency is still a highly speculative play and investors should always due extensive research to identify and estimate whether the cryptocurrency will continue to go up in value.

Open an account with Coinbase

Interesting facts about ApeCoin

Will Ape Coin go up

The creators of ApeCoin distributed the cryptocurrency for free to every Bored Ape Yacht Club holder.

For each Bored Ape you own, you’re entitled to 10,094 $APE.

That’s equivalent to $150,000 today.

So far, around 110 million APE tokens have been claimed by NFT holders.

Yuga Labs is getting 150 million APE, 10 million of which (“or equal value”) will go to the Jane Goodall Legacy Foundation.

140 million $APE will go to the companies and people that helped initiate the project.

The 80 million $APE going to its founders of Yuga Labs will be locked for the first 12 months so holders cannot cash out and tank the price.

So, is APE worth buying and holding for a year?

Let me know what you think in the comment section below.

How is ApeCoin being used?

Benji Bananas
Will Ape Coin go up

A mobile game called Benji Bananas, developed by Animoca Brands (whose co-founder, Yat Siu, is on the board of the Ape Foundation), is adopting ApeCoin as a kind of in-game currency. 

For 25 ApeCoins, you can buy a Benji Bananas Membership Pass, which lets you earn “special tokens” in-game.

Those tokens can then be swapped for actual ApeCoins.

So far, this is the only utility of APE as it’s relatively new.

ApeCoin is part of the Bored Ape Yacht Club’s ecosystem and I expect a lot more utility will be offered in the future as we enter the metaverse and blockchain technology becomes more familiar.

What we do know is that APE will be used to access merchandise, events, and services later on.

How much is $APE worth?

At the time of this article, ApeCoin is currently trading in the market for $23.85.

Its current market cap is $7.1B with a typical hold time of 25 days according to Coinbase.

An improvement from earlier this March as seen below.

APE Market Stats – Will Ape Coin go up?

If retail investors decide to go long on APE then we can expect the typical hold time to increase.

ApeCoin is up more than 2,300% since its inception and has gained a lot of popularity across multiple crypto exchanges.

The $12-$13 price range seemed to be a foundation for APE although the cryptocurrency has begun to set new ATHs.

Granted, it’s only been two months, but I’d love to know your thoughts on how high this crypto asset can go.

Open an account with Coinbase

Is ApeCoin a buy?

franknez.com

It’s definitely worth keeping an eye out on it.

What are your thoughts on APE?

Are you buying the new cryptocurrency or are you giving it time and keeping an eye out on more crypto news?

Join my newsletter for updates.

Leave a comment below with your thoughts and ideas on what’s coming next with $APE.

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Ape Coin – should you buy in or not? Will Ape Coin go up?

What Are NFTs And How Will They Change The World?

What are NFTS - NFTS explained
What Are NFTs? NFTs explained

If you haven’t heard of NFTs yet, you will.

This technology is a little mind boggling in the sense that it’s so simple yet revolutionary.

NFTs are going to change the way we transmit data and connect with one another.

The NFT community is growing now quicker than ever.

franknez.com NFT

Welcome to Franknez.com – today I want to discuss what an NFT is and why this technology is growing so quickly.

Lets get started!

What Are NFTs?

NFTs, also known as non-fungible tokens, are a unit of data stored in blockchain technology.

This data is usually stored in a piece of artwork containing exclusive access and prizes for holders.

If you’re familiar with Gary Vaynerchuck, his startup VeeFriends is actually a collection of his personal NFTs.

Gary has built an NFT community where buyers gain exclusive access to VeeCon, a multi-day conference focused on business, marketing, creativity, entrepreneurship, and a lot more.

What Are NFTs Used For?

NFTs are tokens that may grant access to exclusive content, future products, prizes, or events.

Each NFT, depending on how the seller uses it, can unlock different levels of membership access. This is why NFTs are usually so expensive.

How Are NFTs Going To Change The World?

NFTs are cutting out the middle-man.

You can now sell NFTs directly without distributing tickets to your audience or community.

Business owners and entrepreneurs will be the ones to take advantage of this blockchain technology.

NFTs are also going to allow content creators to connect with the community and sell tokens for exclusive content and build a one of a kind art from that specific content creator.

These artworks are designed so that you cannot copy or duplicate them. They were originally created to protect or copyright artists’ work.

This means only one person could own the original, or a few people could own part of a scarce collection from that artist or content creator.

NFTs are changing our world by how we communicate with one another and transmit information.

For consumers, it can be a great way to keep something very personal and special from your favorite content creators.

How Do You Buy NFTs?

Because NFTs are Ethereum-based tokens, most marketplaces only accept ETH as a form of payment.

And if you have never purchased crypto before, check out this article on how to open your account through a crypto exchange.

Here you’ll be able to purchase Bitcoin, Ethereum, ADA, Doge, and other cryptocurrencies.

OpenSea is the world’s first and largest NFT marketplace.

How to buy NFTs
How To Buy NFTs

Anyone can create and buy NFTs here, even if you’re not a content creator or have any knowledge in blockchain tech.

Can NFTs Go Up In Value?

If you’re a collector, then you’re more than likely building a portfolio that may go up in value over the course of a few months to a few years.

NFTs certainly have the potential to go up in value depending on who the creator is.

You just never know how far this certain content creator will go or who they will impact society one day.

Buying an NFT from their younger selves today could prove to be a rare piece of art in the future.

Related: CEO announces second AMC NFT for all shareholders

Will NFTs Become Mainstream?

My personal take is they will.

The NFT community is growing every day and as more content creators find ways to provide more value to their communities, NFTs will continue to be a source of exclusivity and connection.

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Read: How to invest in Bitcoin cryptocurrency for beginners


Is There a Possibility Amazon is going to buy AMC Entertainment?

Amazon to buy AMC - Amazon AMC
Jeff Bezos – CEO of Amazon (AMZN)

For months now investors have been curious whether Amazon is going to buy AMC Entertainment or not.

The topic resurfaced in 2021 when investors speculated ways AMC stock’s share price could surge.

Today AMC is up more than 29% this week.

The company recently held their Q4 earnings call and announced their cryptocurrency news.

So, is there a possibility Amazon is going to buy AMC Entertainment in 2022?

And does the century old movie theatre chain even need an acquisition?

Let’s discuss it.

franknez.com

Welcome to Franknez.com – don’t forget to join the newsletter for more market news and updates. Today we’re discussing the possible Amazon acquisition of AMC theatres.

Let’s dive right into it!

If you’re new to the blog, welcome! My name is Frank Nez and I publish daily content to keep you up to date on what you want to know.

Reach out in the comment section at the end of the article or via social media if you have any questions or inquiries for me.

If you are a returning visitor thank you for sticking around.

Let’s get started.

Amazon and AMC rumors

Amazon AMC Prime

There has been a number of Amazon and AMC rumors going as far back as 2020 an even 2018.

The rumor was that AMC and Odeon (UK) were in the talks about an Amazon and AMC takeover.

It was then made unclear whether discussions were active during the possibility of an Amazon and AMC buyout.

Amazon has considered getting into the theatrical movie business before; they were reportedly one of the potential buyers for the arthouse chain of Landmark Theaters, which were sold in 2018 to Cohen Media Group. Bloomberg.

So, Amazon’s interest in acquiring AMC has certainly been there.

The talks about a possible AMC merge were happening during the pandemic when the movie theatre chain was forced to close its doors to the public.

Sources said if there was an agreement there would be no merge between Amazon and AMC.

Amazon would buy AMC directly.

However, two years later and Amazon has not acquired AMC yet.

But does the theatre chain even need an acquisition today?

Let’s talk a little bit more about it.

Does AMC need Amazon to acquire it?

AMC Entertainment Theatres
AMC Entertainment Theatres

AMC no longer needs to be acquired by Amazon nor any other company.

The movie theatre chain showed promising progress and growth every quarter of 2021.

The company released its Q4 earnings report for 2021 and boast a whopping $1.8 billion in revenue that quarter alone.

CEO and President of AMC Entertainment, Adam Aron, said they expect 2022 earnings to double.

Although Amazon and AMC could innovate as a merge or buyout, the company managed to escape bankruptcy in 2021 and no longer requires an escape plan.

While the stock may still be heavily shorted, a merge with the tech giant could force short sellers to step down.

This would greatly benefit shareholders of AMC Entertainment Holdings, Inc.

In fact, Amazon just acquired MGM Movie Studios in a $8.5 billion deal earlier in March.

Is there a possibility Amazon is going to buy AMC in 2022?

Amazon Smile Logo

Although possible, it’s highly unlikely as AMC theatres’ CEO Adam Aron has paved a positive road for the movie theatre chain’s recovery.

This recovery could provide Amazon with an incentive to buy AMC as it no longer faces its mountain debt nor limited attendance.

AMC Entertainment has gone to innovate in several ways.

You can now buy movie tickets online using cryptocurrencies such as Bitcoin, Shiba Inu Coin, and Dogecoin (one of Elon Musk’s favorite).

The company is also initiating its AMC Perfectly Popcorn Brand to increase its revenue streams.

The team is welcoming former Frito-Lay executive Ellen Copaken to lead the project.

Something else AMC is doing that no other business has done is introduce NFTs to the market.

Although still relatively new, this innovation has already created a phenomenon and it’s here to stay.

So, whether Amazon and AMC come to a buyout agreement this year or not, the century old movie theatre chain doesn’t seem to need it.

At least not where it stands today.

I’m curious to hear your thoughts about a possible Amazon and AMC merge.

Leave a comment below.

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Read: AMC Theatres: The most anticipated movies coming in 2022


Understanding Crypto: A Simple Guide

Understanding crypto
Crypto for beginners – Understanding crypto – A simple crypto guide

Published by FrankNez Team

There’s no denying that cryptocurrencies have had unmatched popularity over the past few years. As of February 2022, there are about 10,000 different cryptocurrencies in circulation, and this number is growing at an unprecedented pace.

You can check out the article about best cryptocurrency exchanges.

Such pace has further fueled the growth and development of blockchain technology, with projections suggesting the international blockchain market will reach a value of $23.3 billion by the end of 2023.

Despite this growing prevalence and popularity of cryptocurrencies, widespread confusion still remains associated with them.

Are you someone with a similar confusion too? Let’s take this opportunity to better understand cryptocurrencies and what they are all about.

Read: List of 4 Best Crypto Exchanges for Beginners

What Are Cryptocurrencies?

what are cryptocurrencies?
Understanding crypto – what are cryptocurrencies? Crypto guide

Cryptocurrencies are decentralized digital money based on blockchain technology and secured by cryptography. Three primary terminologies make cryptocurrencies what they are. These terminologies include decentralization, blockchain, and cryptography.

Decentralized money is very different from fiat currencies backed by governing authorities such as banks and governments. With cryptocurrencies, there is no authority to take responsibility for the ups and downs in the prices of cryptocurrencies. This enables people to carry out their transactions based on cryptographic evidence instead of trust. 

Blockchain is a digital ledger with distributed access among authorized users. This technology is used to record transactions associated with assets, which is cryptocurrency. Blockchain offers unrivaled transparency about all the information regarding crypto transactions. This recorded information cannot be tampered with or modified even by the administrators, making it one of the most secure ledgers.

Cryptography is a process of using encryption technologies to protect data from unauthorized access. The defining characteristics of cryptocurrencies, such as immutability and privacy, are the result of cryptography.  

Cryptocurrencies were initially introduced in 2009 in the form of Bitcoins. The currency was created by a group of individuals who go by the pseudonym of Satoshi Nakamoto. However, even after its successful launch, it would take years before Bitcoin gained formal recognition and the prominence it boasts today.

How Does Cryptocurrency Work?

Crypto for beginners – Understanding crypto – Crypto guide

As mentioned earlier, cryptocurrencies are not regulated or backed by any authority. Therefore, this works outside the conventional banking system. So, let’s get a better understanding of the working principles of cryptocurrencies.

Mining

Mining is a digital process where one can generate cryptocurrencies by solving complex mathematical puzzles. One will require potent and specially equipped commuting systems to solve these puzzles and get Bitcoins in exchange. This process is very complex, and it can even take thirty days for one to complete the process ideally.

Buying, Selling, And Storing Cryptocurrencies

Fortunately, one does not have to deal with the complexities of mining to get their hands on cryptocurrencies. The more straightforward way to get cryptocurrencies is to purchase them from crypto exchanges or other platforms.

Once bought, cryptocurrencies can be stored in digital wallets, which can be either hot or cold wallets. The hot ones are connected to the internet, while the cold wallets are safer as they are not connected to the internet.  

Investing Or Transacting

Transferring your cryptocurrencies from one digital wallet to the other is very simple. All you will need is a smartphone and access to the internet to transfer your cryptocurrencies. There are also many platforms where you can exchange your cryptocurrencies with fiat currencies. Other than that, you can also get crypto debit cards to withdraw cash, just as you do in an ATM. Aside from that, an increasing number of businesses are accepting cryptocurrency payments.

Crypto payment getaways, such as Coingate, provide secure crypto storage and transactions, making your financial life with cryptocurrencies safe, fast, and more convenient.

Coinbase
Open an account with Coinbase – Crypto for beginners

Everybody is aware of the growing popularity of cryptocurrencies, and there are many factors fueling that factor. These factors include the low transaction fees, as crypto transactions are much cheaper than conventional transactions.

Other than that, the enhanced control and security offered by cryptocurrencies as a single private is the only way to access the cryptocurrencies. This is much appreciated by crypto users who have been battered by the uncontrollable ups and downs of the conventional financial market.

However, the most crucial factor behind the growing popularity of cryptocurrencies is the profit potential. Many people have made great fortunes through crypto investments making it an appealing investment.  

Conclusion: Should I Invest in Cryptocurrency?

Crypto for beginners – A simple crypto guide – understanding crypto

Cryptocurrencies come with numerous advantages making them a safe investment for many. However, they also have their fair share of disadvantages. A couple of qualities shared cryptocurrencies, such as their decentralized nature, unmatched privacy, and security. In addition, the limited and regulated supply of cryptocurrencies makes them a profitable investment.

However, one must not get carried away with these qualities because investment in cryptocurrencies also comes with risks. The highly volatile nature of these currencies makes it very challenging to predict their future value accurately.

Given these factors, it is always best if investors weigh the pros and cons and take calculated risks to invest in cryptocurrencies. Calculated risks can increase the chances of making a profit on your investment. 

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Read: How to invest in cryptocurrency step-by-step for beginners


Official: GameStop and Loopring Launch Beta NFT Marketplace

GameStop Loopring Partnership - GameStop Beta NFT Marketplace
GameStop Loopring partnership – GameStop Beta NFT Marketplace

GameStop and Loopring just launched the beta version of GameStop’s upcoming NFT marketplace.

Loopring’s (LRC) token price jumped up +34% on the announcement to $1.14.

GameStop is currently catching momentum, closing at $140 today.

If you’re a GameStop shareholder, things are about to get a lot more exciting.

Let’s break it down together.

franknez.com

Welcome to Franknez.com – if you’re new to the blog be sure to join my newsletter so you don’t miss new content like this! I publish daily market news just for you.

Let’s dive right into it!

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GameStop’s NFT Marketplace gets powered by Loopring

GameStop Loopring Partnership
GameStop Loopring Partnership

For GameStop to move its services to global digital economies it’s going to need the help of both Immutable X and Loopring.

Immutable X is essentially the foundation to GameStop’s NFT marketplace.

Loopring on the other hand focuses on scalability, application delivery, and secure exchanges of payment.

Combined, GameStop has a powerhouse for the future of blockchain gaming.

Users can now access GameStop’s beta NFT marketplace and begin setting up their online profiles.

The first step towards connecting your account with GameStop’s beta NFT marketplace is to connect your wallet.

GameStop and Loopring are still configuring a browser extension that will allow other popular wallets to connect to the platform.

My guess is this will be available for users once GameStop’s NFT marketplace launches in its complete form.

GameStop surges 14.50%, Loopring 40%

Loopring Coinbase
Buy Loopring (LRC) with Coinbase

Today GameStop (GME) surged 14.50% after a 30% runup on Tuesday.

The price surge on Tuesday caused short sellers to lose almost half a billion dollars!

GME stock has dropped almost 4% afterhours while Loopring is up more than 40% in the last 24 hours.

GameStop and Loopring reach a new milestone as they embark on a new journey in the global digital economy.

As GameStop continues to transform itself into a tech company, we can expect GME’s stock price to rise in the future.

Are you holding GME stock?

How do you feel about its current bullish wave?

I’d love to hear your thoughts in the comment section below.

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Here’s Why You Shouldn’t Sleep on Shiba Inu Coin

Here's why you shouldn't sleep on Shiba Inu Coin
Shiba Inu News – SHIB coin – Shiboshi – Should you buy Shiba Inu coin?

Shiba Inu Coin is up more than 57 million percent this year.

The cryptocurrency has become one of the most popular cryptos since its rise to 9300.

It’s made the top 10 list of most popular cryptocurrencies and continues to gain mass attention from the crypto community.

However, SHIB has been falling for two months straight since its runup.

Should you buy Shiba Inu coin now or wait for more dip?

franknez.com

Welcome to Franknez.com – today I want to touch topic on a beloved cryptocurrency that continues to stand out and innovate.

Let’s get started!

Shiba Inu Innovation

One of the biggest reasons you’d invest in a cryptocurrency is whether the crypto is innovating or not.

While Shiba Inu Coin might have started as a meme, it has many plans for the future that make it an attractive long-term investment for current SHIB holders.

Let’s start with some of the most recent SHIBA news.

Shiba Inu Games

Shiba Inu Games Playside Studios
Shiba Inu News – Shiba Inu Games

SHIB has announced that they are finalizing paperwork with a triple A studio (AAA Studio) to create both mobile gaming and metaverse gaming, via. Shytoshi Kusama.

And although they can’t say much, they mention that this AAA Studio has worked with the likes of Disney and Warner Bros., so you know this is going to be quality work.

In fact, the studio just launched its Twitter account this month of December.

PlaySide Studios will be the AAA Studio working on this project.

Joining the Shiba Inu team is game industry veteran, William Volk.

William Volk was the former Vice President of Tech for Activision.

“I am honored to be working with an amazing team on what will become one of the most significant games of all time”, says William.

The first game the SHIB team will be developing is called Shiboshi and will be primarily for mobile.

The Launch of SHI Stablecoin

The next launch for Shiba Inu is SHI, a stablecoin expected to launch after the Shibarium project has gone live.

Shibarium is a layer 2 solution that essentially speeds up transaction processing and reduces gas fees, making it a better more updated platform.

According to Ryoshi, SHI is meant to be a global stable currency that is used both as a store of value and method of payment.

There is currently no set date for the release of this project, however, we know that the stablecoin will start at $0.01.

Shiba Inu Coin Now Accepted as Payment

shiba inu coin payment
Shiboshi – Shiba Inu Coin Payments – Shib Coin – Should you buy Shiba Inu coin?

Shiba Inu Coin is now being accepted in more places than ever before.

SHIB has now been accepted as a form of payment via BitPay which is going to allow a ton of merchants to accept the crypto.

This type of attention draws more investors towards buying the cryptocurrency.

We’ve also seen AMC Entertainment recently announce their acceptance of Shiba Inu Coin too.

Read: The most innovating things happening with AMC today

And with Shiba Inu Coin now trading on Kraken, it’s only a matter of time before larger trading platforms such as Robinhood begin trading the cryptocurrency.

SHIB has gone mainstream and is no longer considered to be a meme token by some.

The value this crypto is providing in projects to several communities is astonishing.

Shiboshis (Shiba Inu NFTs)

Shiboshis NFTs
Shiba Inu NFTs – Shiboshi – should you buy Shiba Inu coin?

Shiboshis are another one of Shiba Inu Coin’s innovative projects in the NFT realm.

The NFT community is changing the way we transact value, product, and services.

If you don’t know how massive NFTs are becoming or how they’re changing today’s world, you have to bookmark this article here.

While NFTs may be highly profitable investments, they’re more about community.

And it’s this community that exposes the world to SHIB and will continue to increase its value as a cryptocurrency.

Should You Buy Shiba Inu Coin?

should you buy shiba inu coin
Shiba Inu News – Should you buy it? – Shiboshi – Shib Coin

SHIB is too affordable for anyone to not put something into it.

You don’t have to make an incredibly large contribution.

But if you’re betting on innovation and a growing community like I am, then it is certainly a buy.

Some of my readers got in on SHIB before the runup when I sent out the email via my newsletter and made a lot of money trading it.

Many continue to hold it for its long-term potential.

This cryptocurrency doesn’t have to move up very much to make investors a lot of money.

Look at it this way – many people will become millionaires when SHIB hits one penny.

Yeah, it’s that affordable right now.

Regardless of investor opinion, you cannot deny SHIB knows how to provide value to a number of growing and innovating communities.

Are You Invested in Shiba Inu Coin?

franknez.com

If you’re holding Shiba Inu Coin in your portfolio, leave a comment below.

I’m curious, how many of you are holding more than 1 million SHIB?

And if you’re not invested in SHIBA yet, read my guide on how to invest in cryptocurrency for beginners, or simply open your account with Coinbase  to begin today.

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October 24, 2021 Topic Discussion with FrankNez – Shiboshi – Shib Coin

AMC Theater Debt Refinance Plan: CEO Shows Strong Resilience

AMC Theater Debt Refinance Plan: CEO Shows Strong Resilience
AMC’s debt refinance plan propels the company in the right direction

The AMC theater debt refinance plan is now officially on the table.

CEO Adam Aron touched topic on the subject last year after taking debt at a very high interest to survive in 2020 and part of 2021.

In a nutshell, Adam Aron’s plan is to refinance their debt and to lower their interest expense.

Moody’s also just upgraded AMC to Caa2 and gives the company a positive rating due to its continuing recovery.

But more on that later.

franknez.com

Welcome to Franknez.com – today’s market news is very positive news for AMC Entertainment indeed. We’re going to go over what AMC theater’s debt refinance plan means for the company and shareholders alike.

Let’s get started!

AMC Entertainment Inc. sells $950 million junk-bond

AMC Entertainment inc. sells $950 million junk bond
AMC Entertainment inc. sells $950 million junk bond

What is a junk-bond?

A junk-bond is a type of bond often times issued by companies that are struggling financially and have a higher risk of default.

It’s essentially an IOU to help companies stay afloat.

Well, AMC is restructuring its debt by selling this $950 million junk bond to pay down debt maturing in 2025.

AMC Entertainment was able to nearly double to the size of the original offering of $500 million.

Despite the decline in share price, this is a great sign that AMC is moving past the pandemic.

“The box office is returning, and the business is coming back,” said Bloomberg Intelligence analyst Stephen Flynn. “This is clearly a recovery-from-the-pandemic story.” – Bloomberg

Moody’s upgrades AMC to Caa2

Moody's AMC positive outlook
Moody’s upgrades AMC to positive rating, SOURCE

AMC Entertainment Inc. has been upgraded from CFR to Caa2.

CFR meaning in danger of default to a now safer tier.

Moody’s gives AMC a positive outlook due to the industry’s continuing recovery.

AMC’s debt refinance plan has shown investors the company is taking their debt problem very seriously.

AMC Entertainment is currently $5 billion in debt.

Adam Aron has stayed true to his word in regard to paying off company debt.

It seems the company has a very clear goal to get on the right track fundamentally.

Where do you see the company 5 years from now?

Leave a comment below at the end of the article.

AMC ends 2021 with $8.1 billion in cash

AMC Entertainment released a press release on their website summarizing Q4 earnings for 2021.

Adam Aron stated, “AMC’s 2021 results improved significantly as the year progressed, and we finished the year with the strongest quarter in two years. The fourth quarter of 2021 marks a meaningful milestone with positive EBITDA of more than $145 million, positive Operating Cash Generated of more than $215 million, and a record year-ending liquidity position of $1.8 billion.”

The company is without a doubt doing incredibly well at overcoming pandemic and market adversity.

AMC is the largest movie exhibition company in the United States, the largest in Europe and the largest throughout the world with approximately 950 theatres and 10,500 screens across the globe.

Despite AMC’s great debt refinance plan, the company stock continues to be heavily shorted.

You can read all about AMC’s short squeeze data here.

I will be highlighting AMC’s Q4 earnings call so be sure to subscribe to the newsletter for updates.

Be sure to browse the market news tab for more content.

Final thoughts

franknez.com

Analysts bearish on AMC Entertainment stock will not discuss this positive news.

That’s why you have me!

Although investors buying AMC stock are in it for a short squeeze, the company has definitely won a lot of people’s support fundamentally.

I’ve said this since early last year, AMC is eventually going to evolve into a company you’re going to want to buy into whether it’s for a short squeeze play or for (at some point) long-term growth.

Given the various innovative changes in the company, it’s safe to say Adam Aron is steering in the right direction with the use of NFTs and cryptocurrency.

AMC is paying off their debt with this new refinance plan and the company seems to have a clear vision of where they want to go.

Are you holding AMC stock?

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GameStop Price Jump: NFT Marketplace or FTDs?

GameStop NFT Marketplace

GameStop saw a massive price jump after hours following the news of the company starting an NFT marketplace.

Community members suspect the price jump was due to FTDs that are finally being exercised.

So, what caused GameStop to have these price fluctuations after hours?

Be sure to leave a comment at the end of the article.

franknez.com

Welcome to Franknez.com – GameStop’s bullish news on its new NFT marketplace doesn’t have shareholders content. Retail investors expect larger upswings in the coming weeks.

Let’s get started!

GameStop is investing tens of millions of dollars in crypto-related companies that will allow them to develop games with blockchain technology, via ARS Technica.

This is extremely similar to what SHIB is doing with Shiba Inu Games.

Related: Here’s why you shouldn’t sleep on Shiba Inu Coin

It seems GameStop is joining AMC Entertainment getting involved in the crypto space, which in my opinion is a great way to take these two companies to the next level.

As the crypto space continues to puzzle traditional investors, GameStop, along with AMC Entertainment, have a chance at becoming extremely valuable in the long-term process of their growth.

GameStop NFT Marketplace

GameStop NFT Marketplace
GameStop NFT Marketplace

The news of GameStop’s NFT marketplace is not new, in fact it’s been mentioned since May of 2021.

However, it was only a teaser per say as the company was looking for engineers at the time to make this project a reality.

GameStop has now brought on 20 new hires to develop the NFT marketplace, where people can sell and trade NFTs and virtual in-game items, via Kotaku.

When will GameStop launch its NFT Marketplace?

GameStop is launching its NFT marketplace in late 2022.

One of GameStop’s direct competitors will be OpenSea, the NFT marketplace that now has a $13.3 billion valuation.

The companies’ approach towards the NFT and crypto space seems to be rather fitting.

What are your thoughts?

Leave a comment at the bottom of the article.

Could we see a collaboration between AMC and GameStop?

AMC and GameStop collaboration

AMC Entertainment is currently using WAX, or the Worldwide Asset Exchange to distribute its NFTs.

WAX is an energy-efficient, ultra-low carbon footprint blockchain and the first certified carbon neutral, meaning it’s eco-friendly.

WAX is also the world’s leading blockchain, processing 15 million transactions daily.

AMC CEO, Adam Aron has thrown hints of reaching out to GameStop to see how they could collaborate in the future.

No official news of a collaboration has been published yet but with both companies going into the crypto space, this could be exactly what shareholders have been waiting for.

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And if you can’t tell from my excitement in this video, the news of such collaboration would be bullish for both AMC and GameStop.

What do you think?

“Millions of Dollars Were Stuck in Limbo” (FTDs)

GameStop FTDs

According to Business Insider, Bloomberg reported that $359 million worth of GME stock were stuck in limbo earlier last year.

More than 1 million GameStop shares were publicly deemed ‘failure-to-deliver’.

FTDs have been a massive problem for retail investors holding both AMC and GameStop shares.

Failure-to-delivers occur when sellers don’t have the shares to settle trades.

So, if there aren’t enough shares to settle, where are short sellers borrowing so many shares from to short GME stock?

The answer may lie in naked shorting and OTC trading.

Shareholders suspect GameStop’s price moves after hours were based on some FTDs settling from December’s batch.

What are your thoughts?

Was GameStop’s price moves based on FTDs settling, or on the bullish news confirming more movement in the NFT Marketplace?

Leave a comment below.

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CEO Announces Second AMC NFT For All Shareholders

Second AMC NFT
Adam Aron Announces a second NFT for shareholders

AMC Entertainment just released their very first NFT for Spider-Man No Way Home.

The first 86,000 online buyers were able to claim this Spider-Man NFT.

This influx of online movie ticket buyers sparked the idea of a second NFT.

This time, however, will be for all shareholders.

Here’s how you can get yours.

franknez.com

Welcome to Franknez.com – if you missed the Spider-Man NFT like I did, great news is there’s another NFT coming.

Let’s get started!

Community, many of us have been holding AMC Entertainment stock all year.

It’s incredible to think at some point of this journey we would all be eligible for receiving an AMC NFT.

And although this is AMC’s second NFT, this will be the very first ever AMC shareholder NFT, not pertaining to a movie title.

This NFT is gold.

It will be a symbol of this historic time where the apes saved AMC.

Adam Aron Second NFT Announcement

Adam Aron took it to Twitter to announce the coming of this second AMC NFT.

The CEO stated, “Given AMC’s Spider-Man NFT success, our first ever NFT, I am thrilled to announce our second ever NFT!”

Adam Aron shared what the NFT looks like, and it looks pretty awesome if you ask me.

I love the fact that it looks like a medal and that it has a space background.

Do you like how this second AMC NFT looks?

Leave a comment below.

How Do You Get the Second AMC NFT?

AMC NFT investor connect
Investor Connect – AMC NFT NEWS

You can’t get this second AMC NFT unless you’re a shareholder.

If you’re not invested in the stock market you can read this step-by-step guide.

However, most of you are.

Create a profile on the AMC website for AMC Investor Connect.

Once you’ve created your profile, checkmark the setting confirming you’re an AMC shareholder.

AMC NFT for shareholders
AMC NFT for shareholders – AMC NFT News

Those who enroll by December 31st, 2021 will get this NFT for free.

The NFT will be distributed by the Worldwide Asset Exchange (WAX).

WAX is an energy-efficient, ultra-low carbon footprint blockchain and the first certified carbon neutral, meaning it’s eco-friendly.

WAX is also the world’s leading blockchain, processing 15 million transactions daily.

You’ll receive an email with the instructions to claim your NFT once they have begun to distribute them.

Can I Trade This AMC NFT?

This shareholder NFT will be tradable or sellable.

And if chosen to trade, AMC will be compensated a royalty.

Very, very smart on AMC’s part.

Would I trade this NFT?

Not a chance, it’s a stamp in history.

I imagine the value of this second NFT will soar in the future.

Especially after MOASS.

Don’t Bet Against AMC Entertainment

AMC Entertainment News

AMC is the largest movie exhibition company in the United States and in Europe with approximately 950 theatres and 10,500 screens across the globe.

The company has shifted to a more innovative business model and has attracted a diverse shareholder base worldwide.

AMC has introduced online streaming, the acceptance of cryptocurrencies, and now NFTs.

This is only the beginning of a new era for the century old movie theatre chain.

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Where Will AMC Be Next Year 2022?

AMC 2022
AMC 2022 Predictions

Where will AMC be in 2022?

There’s a pattern we’ve seen with AMC Entertainment all year.

Although the company was on the brink of bankruptcy entering 2021, AMC Entertainment has been beating every new quarter in 2021.

Will we see a similar pattern transition into 2022?

franknez.com

Welcome to Franknez.com – I can’t help but to think what will be of AMC next year. I want to discuss the possibilities.

Let’s get started!

2021 has been an incredible year for AMC Entertainment and investors alike.

More exciting and innovative plans have been announced recently and it’s incredible to think this is only the beginning.

While I can’t predict the future, I can certainly walk you through where AMC will be in 2022.

AMC & NFTs

AMC NFT
AMC First Ever NFT

Adam Aron just recently announced some rather exciting news regarding Spider-Man No Way Home and it’s first ever NFT release.

He announced during the Q3 earnings call that AMC Entertainment would be releasing NFTs exclusively for new movie titles.

And now they’re doing it.

In fact, 86,000 NFTs are being given away to the first investors who buy a premier ticket for Spider-Man No Way Home.

The NFT community just gained a new type of collectible.

I’m certain these movie title NFTs will gain serious value over the years, especially as limited-edition ones become available.

AMC Entertainment has an advantage here because of how they can leverage popular movies with NFTs.

This is only the beginning for AMC and NFT.

AMC NFTs will become bigger in 2022 as NFTs continue to reach mainstream media in general.

For more on NFTs and how they’re changing the world, bookmark this article.

Earnings & Debt

While AMC is still not out of debt, they’ve done an incredible job in working alongside their vendors to pay it down.

A common pattern we’ve seen with AMC Entertainment all year of 2021 is that not only has the debt decreased, but AMC’s revenue has steadily multiplied.

In Q1, AMC’s earnings were higher than 2020’s 4th quarter (given).

The company raised a record breaking $2 billion in liquidity and talks of bankruptcy were officially off the table by Q2.

Q3 proved to be an innovating period for AMC.

They announced the acceptance of cryptocurrency, a possible GameStop partnership, and many more news including an increase in revenue.

I expect to see AMC Entertainment continue to pay off its debt in 2022 while increasing company revenue through its several income streams.

Investors watching AMC’s fundamentals from the sideline might want to consider getting in on AMC now before they begin netting positive again.

Because ultimately that’s the path AMC is headed towards.

Short Squeeze Aftermath

AMC Apes
AMC Short Squeeze Aftermath

AMC’s short squeeze aftermath would have been one of the greatest victories for retail investors in all of history.

I’d like to think most retail investors will continue to have shares in AMC after a short squeeze.

Yahoo Finance, MarketWatch, InvestorPlace, Benzinga, would all have failed.

And hedge funds would have been brought to their knees.

But what if AMC has not squeezed by the start of 2022?

Then hedge funds are diving into the new year with losses, again.

See, retail investors didn’t hold AMC stock for a year so they could experience absolutely no results.

Short sellers will close their positions before retail investors sell their stock.

I’m curious to hear your thoughts.

What does a short squeeze aftermath look like to you?

Leave a detailed comment at the end of the article.

What About Share Price?

AMC Entertainment
AMC 2022 Share Price Prediction

AMC’s share price for 2022 will depend on a variety of scenarios.

The price will depend on whether AMC has more of a Tesla type of squeeze and hasn’t squeezed yet, (where it’s continuously growing) or whether the stock has already squeezed.

AMC’s share price could very well be hitting ATH’s throughout 2022, or be coming down from a short squeeze.

The share price for either scenario would be high enough for all current retail investors to have some rather significant gains.

As long as retail investors continue to support the company, one of these two scenarios are absolutely possible.

And with so much innovation happening with AMC Entertainment, it’s not difficult to see why a diverse number of investors wouldn’t buy the company stock.

I feel optimistic about AMC’s share price in 2022 and beyond.

Where Do You Think AMC Will Be In 2022?

Leave a comment below. Where do you picture AMC in 2022?

Is AMC establishing higher highs and higher lows?

Is it coming down from a short squeeze?

Or do you see other scenarios playing out?

And Lastly…

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