fbpx
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA
Thursday, March 30, 2023
Online Crypto College
CREATE FREE ACCOUNT
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Regulation
    • Trading
  • Learn Crypto For Free
  • Login
No Result
View All Result
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Regulation
    • Trading
  • Learn Crypto For Free
  • Login
No Result
View All Result
Online Crypto College
No Result
View All Result

AMP Down by 8.64% in a Week; Can It Be Retracted?

June 8, 2022
in Crypto News
Reading Time: 2 mins read
A A
AMP Down by 8.64% in a Week; Can It Be Retracted?
ShareShareShareShareShare

Related articles

Ripple: XRP gains ground over Bitcoin & Ethereum as the asset takes over Korea’s major crypto exchange

Ripple: XRP gains ground over Bitcoin & Ethereum as the asset takes over Korea’s major crypto exchange

March 29, 2023
Space ID purchase shows Avorak AI may add ARB liquidity

Space ID purchase shows Avorak AI may add ARB liquidity

March 29, 2023

Blockchain was developed for added utility and convenience over complications. AMP-enabled payment firms like Flexa and others utilize the new age technologies to solve many problems. AMP is just a digital network that connects to all hardware and software points of sale online using Flexa.

It’s just a web that allows payments to go to merchants. Wallets can connect to Flexa and pay with the assets listed on its payment mode. AMP brings its collateral mechanism to allow all the wallets to participate in the network itself. 

Credit card processing today witnesses huge fraudulent activities but using AMP payments wallets can verify digital assets and their genuineness cost-effectively. Decentralizing verification across these different types of technologies will turn payment systems to be much more effective.

In such a scenario, AMP showcases a strong presence and growth potential. Despite its huge market loss, it carries a market capitalization of $479,239,312, with 46% of AMP tokens in circulation currently valued at $0.0114.

AMP has plunged a decimal place marking a significant decline in its valuation, raising severe eyebrows about its sustainability and continued growth to market real-time profits. There has been some support near its fresh low levels. Still, AMP value is just a means to project the value of digital collateralization, which requires a spike in digital transactions using unliquidated assets.

The significant decline in April and May has been a testament to decreasing transactions on digital assets using collateralized methods. Traders should not move ahead with a lot of caution during such a volatile period, and must read detailed AMP price predictions and identify futuristic potential.

AMP token has no real-time usage other than collateralization. Hence, two factors, directly and indirectly, affect its price trend. The first would be the time required for a transaction to complete, while the second would be the number of digital collateralization ongoing.

The rise in transactions and a decline in collateralization completion time can be the only way to make progress in AMP’s price. AMP has been sustaining the onslaught for a month, halting the decline. However, it may be difficult to hold this level for a long time. Either the price would elevate to $0.03 or tumble down below the recent lows of $0.0092.

RSI indicates barely any movement in buying sentiment, which is confirmed by its relatively lower transaction volumes and price trend. Hence, buyers should wait for positive indications to rise before acquiring this coin because it is trading at a discounted value to its fresh highs.

Credit: Source link

ShareTweetSendPinShare
Previous Post

Cardano Metaverse Project Cardalonia Releases Staking Platform, Set To Release Playable Avatars On The Cardano Blockchain

Next Post

Citadel Securities, Virtu Financial team up to create crypto ecosystem

Related Posts

Ripple: XRP gains ground over Bitcoin & Ethereum as the asset takes over Korea’s major crypto exchange

Ripple: XRP gains ground over Bitcoin & Ethereum as the asset takes over Korea’s major crypto exchange

March 29, 2023

Source: Travis Wolfe - Shutterstock Currently, XRP bulls are acting on the 200 weekly moving average (MA), which has served...

Space ID purchase shows Avorak AI may add ARB liquidity

Space ID purchase shows Avorak AI may add ARB liquidity

March 29, 2023

As new cryptos emerge with new solutions that address the existing shortcomings in the cryptocurrency arena, a widespread reception indicates...

WiFi Map Plans to Shake up…

WiFi Map Plans to Shake up…

March 29, 2023

The last few years have seen many companies make forays into the exciting new world of Web3, drawn to its...

Cardano Holds Firm Against Key Resistance at $0.38! ADA Price to Make a Massive Surge Soon

Cardano Holds Firm Against Key Resistance at $0.38! ADA Price to Make a Massive Surge Soon

March 29, 2023

In the last few days, investor interest in Cardano (ADA) price has surged as its competitor’s zkEVM went live on...

Cardano Massive Upswing On Horizon – ADA Price To Surge Above $0.75 In Coming Weeks

Cardano Massive Upswing On Horizon – ADA Price To Surge Above $0.75 In Coming Weeks

March 29, 2023

The seventh largest digital asset by market capitalization, Cardano (ADA), is on the cusp of massive returns if the momentum...

Load More
Next Post
Citadel Securities, Virtu Financial team up to create crypto ecosystem

Citadel Securities, Virtu Financial team up to create crypto ecosystem

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Bitcoin Stuck Up in a Range-Top Reasons Why BTC Price May Suffer a Pullback

Bitcoin Stuck Up in a Range-Top Reasons Why BTC Price May Suffer a Pullback

March 27, 2023
USDT dominance exceeds 60% – fundamentals for stablecoins declining at rapid rates

USDT dominance exceeds 60% – fundamentals for stablecoins declining at rapid rates

March 23, 2023
Investors Try to Parse Powell and Yellen’s Next Moves on Banks – The New York Times

Investors Try to Parse Powell and Yellen’s Next Moves on Banks – The New York Times

March 23, 2023
XRP Hits 5-Month High As Other Cryptos Consolidate

XRP Hits 5-Month High As Other Cryptos Consolidate

March 28, 2023
Bitcoin Ordinals and IPFS leveraged by AI community to resist Facebook takedowns

Bitcoin Ordinals and IPFS leveraged by AI community to resist Facebook takedowns

March 29, 2023

About Us

We provide the latest crypto news, trading tools, and up-to-date education to students and traders all over the world.

ENROLL FOR FREE

Latest Crypto Headlines

  • EU Proposes Cap on Anonymous Crypto Transfers
  • Bitcoin price briefly hits $29K despite regulatory crackdowns – Cointelegraph
  • EU Lawmakers Vote to Impose €1,000 Limit on Unidentified Crypto Transactions – Regulation Bitcoin News
  • Binance’s reputation at risk as CFTC allegations raise concerns
  • Bank of Russia Delays CBDC Pilot Rollout
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Regulation
    • Trading
  • Learn Crypto For Free
  • Login
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2022 - OnlineCryptoCollege.com - All rights reserved!

No Result
View All Result
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Regulation
    • Trading
  • Learn Crypto For Free
  • Login

© 2018 JNews by Jegtheme.

  • bitcoinBitcoin(BTC)$28,340.005.75%
  • ethereumEthereum(ETH)$1,809.545.23%
  • USDEXUSDEX(USDEX)$1.07-0.53%
  • tetherTether(USDT)$1.00-0.10%
  • binancecoinBNB(BNB)$317.222.73%
  • usd-coinUSD Coin(USDC)$1.00-0.19%
  • rippleXRP(XRP)$0.5717.10%
  • cardanoCardano(ADA)$0.38728911.15%
  • staked-etherLido Staked Ether(STETH)$1,806.105.10%
  • dogecoinDogecoin(DOGE)$0.0759735.08%
  • matic-networkPolygon(MATIC)$1.148.68%
  • solanaSolana(SOL)$21.157.08%
  • binance-usdBinance USD(BUSD)$1.000.01%
  • polkadotPolkadot(DOT)$6.246.59%
  • litecoinLitecoin(LTC)$91.796.38%
  • shiba-inuShiba Inu(SHIB)$0.0000114.04%
  • tronTRON(TRX)$0.0646791.17%
  • avalanche-2Avalanche(AVAX)$17.264.84%
  • daiDai(DAI)$1.00-0.25%
  • uniswapUniswap(UNI)$5.995.14%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$28,296.005.32%
  • chainlinkChainlink(LINK)$7.256.69%
  • cosmosCosmos Hub(ATOM)$11.283.51%
  • leo-tokenLEO Token(LEO)$3.400.69%
  • ToncoinToncoin(TON)$2.123.49%
  • ethereum-classicEthereum Classic(ETC)$20.845.37%
  • moneroMonero(XMR)$157.912.53%
  • stellarStellar(XLM)$0.10560413.34%
  • okbOKB(OKB)$43.261.11%
  • Aerarium FiAerarium Fi(AERA)$7.15-13.10%
  • bitcoin-cashBitcoin Cash(BCH)$123.693.32%
  • filecoinFilecoin(FIL)$5.768.02%
  • AptosAptos(APT)$11.666.87%
  • lido-daoLido DAO(LDO)$2.4318.12%
  • true-usdTrueUSD(TUSD)$1.00-0.24%
  • hedera-hashgraphHedera(HBAR)$0.0610223.57%
  • quant-networkQuant(QNT)$121.842.24%
  • crypto-com-chainCronos(CRO)$0.0684353.07%
  • nearNEAR Protocol(NEAR)$1.946.05%
  • vechainVeChain(VET)$0.0231646.61%
  • ArbitrumArbitrum(ARB)$1.2510.36%
  • algorandAlgorand(ALGO)$0.2167969.11%
  • apecoinApeCoin(APE)$4.172.49%
  • internet-computerInternet Computer(ICP)$5.026.25%
  • blockstackStacks(STX)$1.0218.29%
  • the-graphThe Graph(GRT)$0.14743812.86%
  • fantomFantom(FTM)$0.46085314.95%
  • eosEOS(EOS)$1.155.04%
  • the-sandboxThe Sandbox(SAND)$0.647.40%
  • decentralandDecentraland(MANA)$0.607.36%