Technical analysis by SLAZOJANYC about Symbol ANKR: Buy recommendation (2/20/2022)

Ankr a tiny crypto operation. Its coin trades for pennies ($0.07). It has a $600 million market cap. But unlike a lot of tiny crypto operations, Ankr trades on the Coinbase (NASDAQ: COIN) platform. So it's easy to make small investments in Ankr if you want to. And there's a reason the people who run Coinbase wanted to add Ankr's coin. Venture capitalists and other intelligent investors are backing the coin, and management is very, very smart. Ankr was founded by Chandler Song, whose first job was working for AWS (Amazon Web Services). While doing that job, he got the idea of using peer-to-peer networks (blockchain) to power cloud networks. One of his bosses, Stanley Wu, was one of the engineers who designed the AWS platform in 2007. Those two men quit Amazon and co-founded Ankr.