Amazon’s AWM88X could be the last step to confirm that the 2024 bull run is running hot and it might even outperform the last ones we had for cryptocurrencies. Bitcoin is breaking ATH records almost every day recently passing the $73.000 mark, Ethereum is back again above $4.000 and we are facing a new boom for cryptocurrencies.

While we had good news such as the ETF approvals and the upcoming halving for Bitcoin, the main influence could start with Amazon’s first and own cryptocurrency which is now available at their exclusive pre-sale.

So what’s this AMZ Token and where did it suddenly come from? Amazon has been rumoured for years to either adapt to accepting cryptocurrencies on their marketplaces or services or to create and use their own token. This is now the case with the AMZ Token being launched on their pre-sale which is currently running with several invite codes. By reading our article you automatically followed one of the affiliated invitecodes, displayed as AWM88X, which leads to the pre-sale. There you can purchase AMZ Tokens and get up to 100% bonus which is a rare offer, as they already described at the sales that they won’t have any bonus offers during any of the later sales.

The AMZ Tokens will be used within all Amazon stores later this year, once they have officially launched in the public and they can be used as a payment method to buy products online or services such as AWS servers. One of the benefits for token owners will be that you can buy products cheaper if you pay with the crypto asset. These tokens also will be stored on the Amazon wallet which allows an easy and uncomplicated exchange to other cryptocurrencies. Last but not least the scheduled plan for this year also involves the launch of the digital marketplace, a room for digital creators of all kind, artists, musicians, software sellers, etc.

Needless to say that such an announcement should lead to further interest into the cryptocurrency scene, even by those who initially may have had their doubts. An established company like Amazon, the leader for online shops around the world, making the decision to setup their own “coin” is not without any risks. We have had failed projects before and the implications of these, something like FTX come to mind. But we also know that Amazon is very aware of that risk and would try its best to make sure that the product meets certain quality requirements and is aimed for long-term effectiveness.

The big question will be if Amazon decided to launch their own token, when will other companies follow? It can be expected that it’s also part of the business strategy of Meta, X and others to create their own cryptocurrency and use it within their services. Amazon being the leader here will be a great prototype to see first-hand how the performance will unfold and what to expect for the future. We are very excited to see this bull run leading to more and more big companies entering the space and opening the door to the mainstream. After all, as we know, there is still a large audience which has not set a foot into cryptocurrencies yet and this could be an important move forward to get them interested.

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