GEMXX Corporation (OTCMKTS:GEMZ) Stock Jumps 10% After The News
GEMXX Corporation (OTCMKTS:GEMZ) was up 10% after the company announced that further to the launch of the Ammolite backed Cryptocurrency (AMML)at the end of November, it has entered a collaboration with Core State Holdings Corp to develop a targeted website and strategic marketing strategy for awareness for the cryptocurrency.
Market Stats
On Tuesday, GEMZ stock ended flat at $1.03 with 21 shares, compared to its average volume of 660 shares. The stock has moved within a range of $1.0300 – 1.0300 after opening trading at $1.03.
Gemxx Corporation Expands Awareness Of Ammolite-Backed Cryptocurrency Token
Marketing efforts are targeting brand exposure expansion, increasing usage of the AMML token, and amplifying the company’s public and investment community awareness. So far, GEMXX is encouraged by the robust interest the GEMXX token has received from the GEMZ community and the public.
Additionally, Core State Holdings has finalized the creation of an algorithm and mechanism allowing BTC ETH, Litecoin, XRP, and more than 100 other cryptos to be exchanged for AMML. Finally, early next year, GEMXX is planning to implement a FIAT currency to Crypto functionality that will allow users to buy AMML using 52 fiat currencies, including EUR, USD, and CAD.So in the coming months, GEMZ is worth watching.
Key Quote
“By owning the Ammolite token, users can take part in the company’s vision, and they are able to use the token for transactions or long-term storage” says Jay Maull, GEMXX President and CEO.
