Today, Alchemy Pay's native token, $ACH, experienced a significant surge in its value, marking one of the most notable increases in the cryptocurrency market for the day. The token's price saw an impressive rise of approximately 80% within the last 24 hours, pushing its price to around $0.038. This spike in value was paralleled by an extraordinary increase in trading volume, which exceeded $900 million on platforms like Binance, where $ACH perpetual contracts were particularly active.
The daily trading volume of $ACH has not only highlighted the token's current market enthusiasm but also underscored its liquidity, suggesting strong market interest and investor confidence. Despite this surge, Alchemy Pay's market cap remains relatively modest at around $180.37 million, making it rank 66 among tradable assets on Coinbase. This market cap, when compared to other cryptocurrencies with similar functionalities but higher market caps, positions $ACH as potentially undervalued.
Alchemy Pay is designed to bridge the gap between fiat and cryptocurrency economies, providing payment solutions that allow for seamless transactions across different financial ecosystems. Its infrastructure supports both online and offline merchants to accept payments in various cryptocurrencies, which is a unique selling point when compared to peers like Ripple (XRP) or Stellar Lumens (XLM), which focus more on cross-border transactions or banking solutions.
The undervaluation of $ACH becomes particularly evident when considering its utility and the extensive network of partnerships Alchemy Pay has established. The platform's alliances include major players like Binance, Shopify, and Visa, extending its reach across over 70 countries with 300 payment channels. This infrastructure is significantly more developed than many similar cryptocurrencies which have a narrower scope or less robust integration with existing financial systems.
Posts on X underline the sentiment that $ACH is one of the most undervalued payment solutions in the crypto space, with users noting its small market cap relative to its potential and actual use-case scenarios. The recent price explosion following its listing on new exchanges and regulatory approvals, such as becoming a Digital Currency Exchange Provider in Australia by AUSTRAC, further fuels the narrative of $ACH being at the start of a significant growth trajectory.
Today's massive increase in $ACH's price and trading volume not only signifies a bullish market sentiment but also highlights how Alchemy Pay might be undervalued compared to its peers, given its operational scale, licensing, and strategic partnerships. This could be an indicator for investors looking at long-term gains in the crypto payment solutions sector.
Crypto investors need to stop buying useless vaporware projects and start looking at real companies that are advancing real blockchain projects like $ACH but what do I know, I'm just a ninja, lol!
.@OnyxDAO is thrilled to announce the resolution of an unrelated XCN issue with @HTX_Global and @justinsuntron for a matter from 2022. OIP-51 will be deployed to grant HTX market support for $XCN
It was confirmed that the recent statements made did not relate to any recent matter and the price appreciation of $XCN which is in thanks to our community.
@HTX_Global and @justinsuntron will be involved in $XCN staking and governance with this proposal.
‼️BRAD GARLINGHOUSE, CEO OF RIPPLE SAYS THEY BEEN INVITED TO USE XRP IN REAL ESTATE, INSURANCE, AND TRADE FINANCE‼️
THIS IS THE REASON XRP CO-FOUNDER BRITTO SAID XRP WAS DESIGNED FOR $10,000 AND TO SUPPORT BILLIONS OF PEOPLE!
XRP WILL BECOME THE STANDARD!
#XRP#crypto#btc
Side note: 1000 XRP giveaway coming all you have to do is FOLLOW, RT, Comment your thoughts
‼️BREAKING‼️
A NUMBER OF EXCHANGES EXPECTED TO DELIST TETHER DECEMBER 13th!! COINBASE EXPECTED TO BE AMONG THE FIRST AS RIPPLE ANNOUNCES APPROVAL OF RLUSD BY NEW YORK!!
XRP EXPECTED TO SUPPLY TO SHRINK AS A RESULT OF BURNS WHICH WILL OCCUR WITH EVERY RLUSD TRANSACTION!
#xrp #crypto #rlusd #bitcoin
Side note: 1000 XRP giveaway all you have to do is follow, RT, comment your thoughts
Fishkoin ($KOIN) is not just a memecoin, but a Memecoin Store of Value (MSOV).
4 Reasons Why:👇💪
1. Deflationary Supply and Burning Mechanism: The continuous burning of KOIN tokens on every DEX buy and sell transaction creates scarcity over time, which could potentially increase the token’s value as the supply decreases. This deflationary model is often appealing to investors looking for long-term price appreciation.
2. Bitcoin Rewards for Holders: This adds an interesting layer of passive income for investors, as they receive $BTC as a reward through the reflection income model. A portion of the buy and sell taxes is distributed as Bitcoin rewards, making it an attractive feature for holders.
3. 53% of Total Supply are Burned: The large portion of the total supply being burned suggests that the token’s creators aim to create scarcity, which could potentially drive up the value of the remaining supply if demand increases.
4. Infinity Burning: 100% of the generated income from the Balance Sheet Wallet will be used to buy back and burn $KOIN, ensuring continuous deflation.
#KOIN #BTC
One suggestion that I have for all of us in the Cardano community is to let the comments and opinions of the past go and embrace a full reset of all ecosystems. As many of you know, I've been a bit prickly towards other communities and have apologized to BTC, XRP, Solana, and others.
We need to accept that a lot of influencers and leaders in other ecosystems have returned that favor and said some pretty terrible and untrue things about Cardano. Now, they are taking a second look at our ecosystem and technology. We ought to embrace them and forget the past.
2025 is about unity and progress. We have a window to make crypto mainstream and grow our markets to the tens of trillions of dollars of value, thereby entering every home and government alike. We can not allow petty tribalism to squander this opportunity
Anyone surprised by $ALGO move has not been paying attention.
From #Algorand having the best tokenomics, to having the largest and most versatile real-world-adoption, to having best team, to having best tech that is fit-for-purpose.
I tweeted about all aspects mentioned above extensively.
The best part is that this is just beginning.
NFA/DYOR and enjoy the ride..