On June 16, 2021, AMP crypto clocked an all-time high of US$ 0.120813 apiece. The AMP token has a total supply of 99.4 billion tokens and a circulating supply of 48 billion tokens. The AMP crypto has several use cases like collateralization and has a variety of collateral models through which tokens can be staked without leaving their original address.
The digital asset is designed to decentralize risk in a transaction via reduction of the assurance cost from existing counterpart networks.Īlso Read: EverGrow crypto set to explode in 2022? Know price predictionĪMP saw high interest from crypto enthusiasts as the world's largest cryptocurrency exchange Binance announced that it will list AMP. AMP crypto is instant and secure and if an ETH or BTC fails due to longer transaction times during peak hours, the AMP token can act as collateral and be liquidated to cover losses.įormerly known as Flexacoin, the AMP crypto was launched in September 2020 and it has gained investors' attention ever since then. It is an Ethereum-based token and was created to collateralize payments on the Flexa Network, a leader of pure-digital payments. What is AMP crypto and why is it soaring?
In the last 24 hours, the AMP token soared 21.2 per cent and was trading at US$ 0.06383 per token. In this article, we will explore the Amp (AMP) cryptocurrency, as its one-day volume skyrocketed by over 1000 per cent to $280,512,029, according to CoinMarketCap data. However, one cryptocurrency is skyrocketing amid a bearish market.
At the time of writing, Bitcoin was down by about two per cent and Ether was trading 1.5 per cent lower at US$ 4,137.14 per token.ĪMP crypto skyrockets in bearish market. The overall cryptocurrency market seems to have entered a bearish zone as the prices of almost all the major cryptocurrencies are declining.