It was a great day in the markets for investors in Debt Equity International (OTCMKTS:DEQI) as the stock went on a remarkable rally and ended up with gains of as much as 50% for the day on Monday.
Trading Data
On Monday, DEQI stock gained 50.98% to $0.0077 with 46.56K shares, compared to volume of 13.47K shares. The stock moved within a range of $0.0042 – 0.0077 after opening trade at $0.0042.
Direct Equity International Announces Expansion into New Sectors including Social Media, Web3, and Augmented Reality
The digital marketing company came into focus yesterday after it made an announcement with regards to the fact that it was contemplating the possibility of developing and marketing products for some new categories. The categories include virtual real estate, social media and augmented reality. The company noted that it was looking to get into the fast growing social media industry by way of a unique solution to the tough task of moderating the space.
The company noted that it was contemplating the creation of a decentralized franchise model which is going to be made up of a range of sub-sections. The social media users can choose to create their own sub-sections or opt in or opt out of some. Each of those sub-sections are going to have separate sets of rules.
The company wants to create a moderated marketplace and it is going to give the users the option to choose the level of moderation that they are comfortable with.
Technical Data
DEQI stock is trading above the 20-Day and 50-Day Moving averages of $0.0066 and $0.0060 respectively. Moreover, the stock is trading above the 200-Day moving average of $0.0070.
