The DATI Bull Trend May Be Just Getting Started

Date : May 19, 2019

New Opportunity:  Digital Asset Monetary Network Inc. (OTCMKTS:DATI)

 

 

We last put this stock on your radar back in April, when it was trading at $0.15/share. Since then, it has tripled, but there is still a ton of potential room to run, and the stock has now consolidated for a couple weeks and could be ready to resume it upward charge.

 

The big idea here is a Public Accelerator-Incubator model that holds an equity portfolio of rapidly growing technology solutions.

 

The demand for early-stage funding of new business innovations is skyrocketing right now, and the world is finding new ways to provide it. The crowdfunding and accelerator-incubator model is emerging as one of the more promising financial innovations of the new century. And DATI is running at the forefront.

 

The chart is also extremely promising, as we will discover below.

 

 

Symbol:  DATI

Company:  Digital Asset Monetary Network Inc.

Quote:  http://finance.yahoo.com/q?s=DATI

Latest News:  http://finance.yahoo.com/q/h?s=DATI+Headlines

 

Website: https://digitalamn.com/

Who is DATI

Digital Asset Monetary Network Inc. (OTCMKTS:DATI) is the first company to utilize the Public Accelerator-Incubator (PAI) model, with the intent to follow the global success of accelerators and incubators around the world, adding niche opportunities to both the microcap and startup communities. As a PAI, Digital Asset Monetary Network will develop and acquire innovations that solve problems through digital platforms and other electronic applications.

 

Located in the heart of the financial district of downtown Chicago, truCrowd, one of DATI’s major holdings, is a FINRA member equity crowdfunding portal operating under Regulation Crowdfunding (Title III of JOBS ACT); connecting startups and emerging businesses with non-accredited and accredited investors.

Built on the belief that not all businesses and investors are alike, the company notes in its materials that it takes pride in “delivering a personalized and professional funding experience through industry-leading technology.”

The TruCrowd platform has already been ranked in the top ten for crowdfunding resources.

Recent Catalysts

NEW YORK, May 22, 2019 (GLOBE NEWSWIRE) — Digital Asset Monetary Network, Inc. or “DigitalAMN” (OTCMKTS: DATI), a Public Accelerator-Incubator (“PAI”), announced today, that DigitalAMN has entered into a strategic alliance with First Bitcoin Capital, LLC (“FBC”) through its parent corporation, to help strengthen the PAI’s ‘Accelerate’ phase of DigitalAMN’s business model; specifically, in the area of crowdfunding cannabis, blockchain and cryptocurrency related startups.

DigitalAMN and FBC entered into a Services and Equity Exchange Agreement which increases DigitalAMN’s crypto portfolio assets with 1 Billion BIT tokens [a thinly traded digital currency listed on CoinMarketCap.com] and adds Dr. Greg Rubin, CEO of First Bitcoin Capital, LLC, to DigitalAMN’s team as a business consultant for cannabis, cryptocurrency and blockchain related endeavors. FBC’s network of investors, social capital, and business associations will be integrated into the ‘Accelerate’ phase of DigitalAMN’s business model which should expand DigitalAMN’s investor and userbase.

“We consider FBC to be a digital asset pioneer, with its CEO being well versed with both blockchain and cannabis related projects,” stated Ajene Watson, CEO of DigitalAMN. “Many of our candidates for the PAI program operate within these industries, making this engagement particularly valuable to our ‘Accelerate’ phase of the PAI model; which includes referring client-companies to the cannabis and blockchain focused equity crowdfunding portals – Fundanna and CryptoLaunch

Management believes the blockchain and crypto markets to still be in their infancy.  As Ana Berman pointed out in her CoinTelegraph piece, Tom Lee, the co-founder of Fundstrat Global Advisors, noted that “by the end of 2019, we expect [crypto] prices to be staging a visible recovery.”  Similarly, Nick Kovacovich in a Forbes article, suggests that cannabis too is a ‘budding’ sector, highlighting various trends like federal legalization efforts by Rep. Earl Blumenauer’s (D-OR). With cannabis and blockchain being at the forefront of hot investment topics today, management believes FBC could lend its expertise and offer its vast network the ability to participate in DigitalAMN’s platform and portfolio of fast-growth, high-valued startups, when they are affordable and accessible to all investors.

“We generally strive to be ‘first’ when pursuing any venture,” stated Dr. Greg Rubin, CEO of First Bitcoin Capital, LLC. “Considering DigitalAMN’s relationship with the Reg CF portal owner and operator, TruCrowd, Inc., I am excited to be part of the team assisting with the development of the ‘first’ cannabis and blockchain/crypto focused equity crowdfunding portals. I believe we are well positioned to add value to DigitalAMN and its ‘Accelerate’ phase – helping to both cultivate TruCrowd’s investor base and refer viable investment opportunities to its funding portals, while strengthening DATI’s digital asset portfolio.”

Watson concluded, “The ‘Accelerate’ phase of our model is a crucial element in the PAI. Here, we introduce well curated companies to the market. It is equally important, however, that a robust savvy audience is ‘at the ready’, to participate in the high-value, fast-growth companies we bring to market. FBC can help build this audience – specifically in the cannabis and blockchain space, while adding value by advising on various joint ventures and other business deals, which could be invaluable to our growth.”

Technical Analysis

Shares of DATI had been in a vicious downtrend into the end of last year. However, so far, 2019 has been a story of strong basing and technical support. The downtrend line has been broken, and we have the potential now for constructive action.

DATI shares have been on the move since our last report, more than tripling in price in just about 6 weeks. But, given the very subdued RSI reading, there could be plenty more upside to go.

 

One of the most important features of the current DATI chart is the simultaneous increase in both price and volume. This is key because more buyers are coming in even as the price of each share is going on. That represents the kickstart of an exponential growth in total money chasing the stock higher.

 

In addition, the stock now has the support of both major moving averages now trailing underneath shares – which is the technical definition of a bull market.

The chart is also fundamentally rooted in the concept that emerged from the company’s comparative analysis. The slide in shares last year may well represent a disconnect in the market, as pricing for DATI shares may not be properly accounting for changes in the value of its underlying holdings, such as TruCrowd.

About DATI

DATI (Digital Asset Monetary Network Inc.) is the first company to utilize the Public Accelerator-Incubator (PAI) model, with the intent to follow the global success of accelerators and incubators around the world, adding niche opportunities to both the microcap and startup communities. As a PAI, Digital Asset Monetary Network will develop and acquire innovations that solve problems through digital platforms and other electronic applications.

 

Located in the heart of the financial district of downtown Chicago, truCrowd, one of DATI’s major holdings, is a FINRA member equity crowdfunding portal operating under Regulation Crowdfunding (Title III of JOBS ACT); connecting startups and emerging businesses with non-accredited and accredited investors.

 

Built on the belief that not all businesses and investors are alike, the company prides itself on delivering a personalized and professional funding experience through industry-leading technology.

 

Key Points:

  • DATI is a major holder of equity in TruCrowd, which now has growing traction and strong penetration into the cannabis and crypto markets.
  • DATI believes the TruCrowd project could eventually be worth more than $100M down the road.
  • DATI is making real money, with trailing revs already coming in the door.
  • DATI is coming off an RSI trough under 40, pointing to a massively oversold stock now heading back the other way.
  • DATI just recorded a MACD Bullish breakout, suggesting a technical change in trend.

DATI shares have been seeing increasing volume if shares traded in step with an increasing price per share, which is a very promising dynamic

Conclusion

 

DATI is showing a ton of promise both in terms of growing traction in operations and in terms of technical behavior. The crowdfunding space is a huge open blue sky looking ahead for many years. And right now, DATI is on the scent of some pretty big things.

 

That’s exactly why we’ve been seeing an exponential increase of capital gunning for exposure here. And why that may well continue.

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