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Saturday, 02/06/2021 8:03:53 PM

Saturday, February 06, 2021 8:03:53 PM

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When Agora reached 99 during two peaks today (Friday Feb 5, 2021), for a new all-time-high, I thought there would be a retreat before the psychological resistance at 100 and that breaking it wouldn't happen until next week. Then, suddenly, after hours this evening it slams through the 100 ceiling and jumps 5 points to all-time-high of 104. There is no saying how fast and how high this is going to go, but it sure shows signs that all retreats are minor and short-lived.
Did anyone realize that Zuck joined Clubhouse Thursday night and gave a presentation? Mark Zuckerberg's Clubhouse premier last night could have been the catalyst for Agora's dramatic jump this morning. Gaining recognition is the fact that Twilio made it big by straddling the shoulders of stalwarts such as WhatsApp and Uber and, therefore, as Agora is the next Twilio, Agora's foot on the shoulder of Clubhouse gives it a future giant's shoulder to stand on and therefore this anticipatory giant leap in Agora's stock this week. Add to it that in February itself 250 million is being invested in Agora by private placement and that Agora is buying Easemob for cash (messaging interface). Everyone, including institutions, want to get in earlier rather than later. Each day lost is one day too late and several dollars in stock price too late. Clubhouse is predicted to become a social media monster in the likes of WhatsApp, SnapChat, & Twitter, and its going to carry agora along with it. In the mean time, several new clients will join Agora from the publicity its getting.

Here's the link to Zuck's involvement with Clubhouse:

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