Active Health Foods Inc. (OTCMKTS:AHFD) (“CoinChamp”) shares lost 13% and are down 50% in a week.
Trading Data
On Thursday, AHFD stock slumped 13.33% at $0.0013 with more than 316.78 million shares, compared to its average volume of 196.32 million shares. The stock has moved within a range of $0.0013 – 0.0017 after opening the trade at $0.0017.
Announces Financing Measures to Drive the 2022 Live Launch of Universal Plug-and-Play NFT Platform
The Los Angeles company, which owns development stage crypto operations and non-fungible token markets, has announced the launch of a plan to fund the creation of its industry-leading plug-and-play common functional non-fungible token platform vision. CoinChamp will use the proceed to quickly create an industry-leading functional NFT platform that focuses on ease of use and NFT marketplace democratization. As per the November 16 releases, the company and MEV LLC entered a Statement of Work to carry the initial stages of developing the platform.
CoinChamp CEO Glen Bonilla said that they have an aggressive timeframe for creating and deploying the primary tech that underpins their NFT platform vision. Already the company has established a vision and development team. Bonilla said that they would ensure they move quickly and maintain a high functionality standard.So in the coming weeks, AHFD is worth watching.
Key Quote
“We have an aggressive timeframe for development and deployment of core technology underpinning our NFT platform vision,” noted Glen Bonilla, President and CEO of CoinChamp. “As recently discussed, we have already established our development team and vision. This round will ensure we are able to move fast and maintain a high standard of functionality in creating the most user-friendly universal plug-and-play tool in the NFT space. By the time we launch, we want anyone and everyone to be able to participate in the NFT marketplace without prior experience, expertise, or training with just a few clicks.”
Technical Data
AHFD stock is trading below the 20-Day and 50-Day Moving averages of $0.0022 and $0.0019 respectively. However, the stock is trading above the 200-Day moving average of $0.0009. The stock is up 833% in the past 3-month.
