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AMP Price Prediction 2024-2033: Is AMP a Good Investment?

AMP Price Prediction 2024-2033

Amp seeks to enable users to stake tokens without having to transfer them to a smart contract physically. This function seeks to make Amp suitable for any form of value exchange, including digital payments, traditional currency exchange, loan distributions, real estate transactions, and more.  Staking Amp seeks to improve overall utility by increasing in proportion to the number of users and transactions (e.g., customers, wallets, merchants) that join the network. As a result of technological innovations, Amp seeks to drive network economic growth through adoption and payment volume (i.e., productivity output).

How much is AMP worth?

Today’s live AMP price is $0.01054with a 24-hour trading volume of $36,432,851. Amp is up 2.81% in the last 24 hours. The current CoinMarketCap ranking is #278, with a live market cap of $444,886,511. It has a circulating supply of 42,227,702,186 AMP coins and a max. supply of 99,444,125,026 AMP coins.

AMP price analysis: Cryptocurrency upgrades to $0.01061 amidst upside

TL; DR Breakdown

  • AMP price analysis confirms an uptrend.
  • Coin value has increased up to $0.01061.
  • Strong support is being provided at $0.00615

The latest one-day and four-hour AMP price analysis for 28 March 2024 confirms signs of an increasing trend. Although the price movements have been fluctuating since the past week, currently the bulls seem to be on the lead. As the bullish momentum is on the rising end, the coin value has recovered up to $0.01061 high.

AMP price analysis 1-day chart: Bullish trend gains strength as AMP reaches $0.01061

The latest one-day AMP price analysis gives out a bullish prediction for the ongoing market trends. The bulls remained on the leading edge for the past 24-hours, as they seemed to have dodged the growing bearish resistance. Because of the uptrend today, AMP/USD value has climbed up to $0.01061 hill. On the opposite hand, the Moving Average (MA) value has dropped down to $0.01059 because of the earlier descent.

AMP/USD 1-day price chart. Source: TradingView

The volatility seems to be declining which is a bullish hint for the coming future. As the volatility is changing, the upper end of the Bollinger bands indicator has moved to $0.01434. Whereby, the lower end of the Bollinger bands indicator is present at $0.00615. The Relative Strength Index (RSI) indicator confirms the uptrend as its overall value has spiked up to 59.64.

AMP/USD 4-hour price chart: Cryptocurrency devalues to $0.01061 after downturn

The latest one-day AMP price analysis depicts a bearish scenario regarding the ongoing market events. The bears seem to be back on track as a downturn was observed during the last few hours. As the selling momentum remained intense in the past four hours of the day, AMP/USD value has declined to $0.01061 low. On the other side, the Moving Average (MA) value has dropped down to $0.01038 because of the continual bearish tide.

AMP/USD 4-hour price chart. Source: TradingView

The volatility is increasing which is a bearish signal for the coming hours. As the volatility is rising, the upper and lower values of the Bollinger bands indicator have changed. Currently, the upper end of the Bollinger bands indicator is at $0.01116, whereas the lower end of the Bollinger bands indicator is at $0.01010. The RSI graph displays a steep bearish slope as its overall value has been reduced to index 51.58.

What to expect from AMP price analysis next?

The latest one-day and four-hour AMP price analysis indicates signs of a growing uptrend. The bulls have secured a swift comeback during the day as AMP/USD value has stepped up to $0.01061 high. On the opposite hand, the four-hour price analysis remained relatively favorable for the cryptocurrency sellers.

Also Read:

Is AMP a Good Investment?

Amp (AMP) is designed to enhance the speed and security of transactions across various forms of value exchange, including digital payments, fiat currency exchanges, loan distributions, and real estate transactions. Its functionality allows users to stake tokens without physically transferring them to a smart contract, aiming to increase utility with the network’s growth in users and transactions. The AMP network’s technological innovations are expected to drive economic growth through adoption and increased payment volume. AMP’s potential to reduce transaction costs and complexity makes it particularly useful for scenarios requiring quick settlement times. 

Will functionality drive profitability? Our AMP price prediction section will examine the potential price trajectory of the token over the coming years.

AMP Price Predictions 2024-2033

Price Predictions By Cryptopolitan 

YearMinimum Price ($)Average Price ($)Maximum Price ($)
20240.00470.00480.0056
20250.00700.00730.0082
20260.00990.01020.0122
20270.01400.01440.0171
20280.01950.02020.0244
20290.02910.02990.0346
20300.04270.04390.0503
20310.05900.06070.0719
20320.08610.08910.1016
20330.12380.12820.1516

Amp Price Prediction 2024

For 2024, Amp’s price trajectory suggests a maximum price of $0.0056. The minimum price is expected to align at $0.0047, with the year’s average trading price estimated to be around $0.0048.

AMP Price Forecast for 2025

Our AMP price prediction for 2025 indicates a bullish trend for Amp, with the maximum price potentially reaching $0.0082. Conversely, the minimum price of the coin might stabilize at $0.0070, with an average trading price of $0.0073.

Amp (AMP) Price Prediction 2026

In 2026, based on current projections and technical analysis, Amp’s maximum price is anticipated to reach $0.0122. The minimum price could be around $0.0099, with an average trading price of $0.0102.

Amp Coin Price Prediction 2027

According to our Amp price prediction for 2027, the maximum price is expected to surge to $0.0171. The minimum price could be around $0.0140, with an average trading price of $0.0144.

Amp Price Prediction 2028

Our Amp price prediction for 2028 suggests a maximum price of $0.0244. The minimum price is projected to be $0.0195, with an average trading price of $0.0202.

Amp (AMP) Price Prediction 2029

For the year 2029, the maximum price of Amp is predicted to reach approximately $0.0346. The minimum price is expected to be $0.0291, with an average trading price of $0.0299.

Amp Price Forecast 2030

The AMP price forecast for 2030 suggests a maximum token price of $0.0503. The minimum price is projected at $0.0427, with an average trading price of $0.0439.

Amp (AMP) Price Prediction 2031

For 2031, the Amp price prediction suggests a maximum price of $0.0719. The minimum price for the year could be around $0.0590, with an average price of $0.0607.

Amp Price Prediction 2032

Our AMP price prediction for 2032 shows a potential maximum price of $0.1016. Additionally, it could trade at a minimum of $0.0861, and an average trading price of $0.0891.

Amp Price Prediction 2033

In 2033, the Amp market is expected to see its maximum price reach $0.1516. The minimum price is projected to hover around $0.1238, with the average trading price anticipated to be approximately $0.1282.

AMP Price Prediction By Wallet Investor

Wallet Investor’s analysis of Amp (AMP) offers a bearish forecast, suggesting a potential downturn in the cryptocurrency’s value. According to their projection, Amp could diminish to $0.000549, presenting a cautious view on its investment prospects in the forthcoming year.

AMP Crypto Price Prediction By Technewsleader

Technewsleader’s analysis projects a steady upward trajectory for the value of AMP in the forthcoming years. According to their forecast, AMP is expected to reach an approximate value of $0.0057 by 2024. The projection for 2025 indicates a trading range for AMP between $0.0068 and $0.0082, suggesting a continued positive momentum. By 2027, the analysis anticipates a significant increase in AMP’s value, potentially rising to $0.0176. The outlook becomes even more optimistic as we move towards 2030, with predictions suggesting a peak price of $0.0539. For the year 2033, Technewsleader’s forecast presents a notable surge in AMP’s price, expecting it to oscillate between $0.1449 and $0.1650.

AMP Price Prediction By DigitalCoinPrice

Digitalcoinprice projects a consistent growth in Amp’s (AMP) value, with an upward trend spanning the next decade. In 2024, Amp is expected to range between $0.00310 and $0.00762. The momentum continues with a gradual increase, reaching $0.00885 in 2025 and $0.0125 by 2026. By 2028, Amp’s price is forecasted to average at $0.0151, with a further rise anticipated in 2030 to a range of $0.0234 to $0.0258. Looking further ahead to 2033, Amp is predicted to achieve a maximum price of $0.0674, with its value expected to hover around $0.0651 to $0.0669, underscoring a positive outlook for its future market performance.

AMP Price Prediction By Wallet Investor

Wallet Investor’s projection for Amp (AMP) presents a bearish outlook, indicating a potential decline in the cryptocurrency’s value. Their forecast suggests that Amp might decrease to $0.000366, portraying a pessimistic perspective on its investment potential in the upcoming year. 

AMP Coin Price Prediction by Market Experts

AJ Five suggests a potential spike in AMP’s value to approximately $0.004 to $0.0045, followed by a gradual decrease. This kind of rapid fluctuation is characteristic of the crypto market and highlights the need for timely decision-making in cryptocurrency investments. The analysts forecast a more sustained increase in AMP’s value over the coming weeks. Over a much longer period, AJ Five anticipates a rally to the $0.01 mark in the second half of 2024.

AMP Overview

Popularity#278Market Cap$148,068,103
Price Change (24 hours) -0.59%Trading Volume (24 hours)$5,154,200
Price Change (7 days) -5.95%Circulating Supply42,227,702,186 AMP
All-time low (Nov, 2020)$0.0007946All-time high (June, 2021)$0.1211
Price from ATL+340.46%Price from ATH-97.11%

In traditional payment systems, transactions often suffer from slow speeds and security vulnerabilities, largely because they rely on intermediaries. While blockchain technology promised to address these issues, it has struggled to provide both speed and security at the same time. Usually, one has to be compromised to achieve the other. Amp cryptocurrency aims to resolve this dilemma entirely by offering a unique decentralized solution that delivers both speed and security.

The core goal Amp remains consistent: to secure transactions and associated data, making them both faster and more secure. Developed on the Ethereum blockchain and compliant with the ERC20 token standard, Amp offers users the flexibility to trade in either fiat currency or other digital assets.

Understanding Amp is closely tied to understanding its parent company, Flexa Network, which was co-founded in 2018 by Daniel C. McCabe, Machary Kilgore, Trevor Filter, and Tyler Spalding. Flexa serves as an open network that enables real-time cryptocurrency payments at both online and brick-and-mortar retailers.

image 88

Flexa introduced an app called SPEDN, which allows users to make payments using various cryptocurrencies like Bitcoin (BTC), Litecoin (LTC), and Ether (ETH). The app is accepted by over 40,000 merchants in the United States and Canada. Originally, the network used FlexaCoin (FXC) as its native token. However, to enhance security for merchants, Flexa transitioned from FXC to the newer Amp token.

AMP Price History

The concept for the AMP ecosystem was conceived in the first quarter of 2019, and the token was officially launched on September 11, 2020, with an initial price of $0.009. In its early months, AMP experienced a downward trend, hitting an all-time low of roughly $0.0007 on November 17 of the same year.

AMP ALL graph coinmarketcap 1
Source: coinmarketcap

However, the token reversed its fortunes entering 2021. It surpassed its launch price, reaching a notable high of about $0.046 on February 14, 2021. The momentum continued, and by April 18, AMP’s price peaked at $0.064. It set new records, reaching a high of $0.077 on May 7 and then $0.12 on June 16, following its listing on the prominent cryptocurrency exchange, Coinbase.

Despite these spikes, the overall trend for the rest of the year was bearish. By September 2021, AMP had fallen below the $0.05 mark, and by January 2022, it had declined further to $0.02. The bear market proved challenging, and by June of that year, AMP’s price had fallen below its initial launch price. On September 7, it hit a 52-week low of $0.0054.

In 2023, AMP attained a maximum price of $0.007 and a minimum price of about $0.001. At the time of writing (February 5, 2024), AMP is trading at $0.003498.

More About AMP

What is AMP?

AMP coin is a digital asset created by Flexa and Consensus to serve as collateral in cryptocurrency transactions, reducing the risk of fraud and default. It ensures transaction security, especially during delays or failures, by providing collateral that can be liquidated to guarantee payment to recipients. Integrated with the Flexa network, AMP facilitates secure crypto payments and conversions to fiat currency for merchants. While AMP holds potential in the growing crypto payment gateway market, it is subject to typical cryptocurrency market volatility and the impacts of an evolving regulatory landscape. 

AMP Crypto

AMP cryptocurrency is an Ethereum-based digital coin used as collateral to secure transactions and decentralize the risk of asset transfer in decentralized finance (DeFi). It is a new digital currency in the crypto market that provides an instant and versatile interface for verifiable collateralization via a system of collateral partitions and collateral managers. Third-party networks can instantly secure transactions for various assets using AMP crypto. 

AMP collateral partitions are designed to collateralize accounts, transactions, applications, and carry balances that are directly verifiable on the blockchain of Ethereum. AMP collateral managers are smart contracts that could be locked, released, and redirected to support value transfer activities.

This new ability to use any asset immediately upon transfer is a feature any asset can benefit from, whether digital or physical, cryptocurrency or Central Bank Digital Currency (CBDC)

AMPToken.org

The creators of AMP coin aim to remove the likelihood of fraud and reduce the cost of counterparties transactions. AMP users can stake AMP tokens to guarantee financial exchange such as digital payments, currency exchange, loan payments, and property sales regardless of the consensus mechanism. 

Co-founder Tyler Spalding said that the startup gradually leverages its wallet service while providing more centralized software solutions for merchant partners. Amp already works with companies that use its services, including Flexa, CoinGekco, Gemini, Sushi, Uniswap, and many others.

Furthermore, AMP token supports a vast range of use cases for collateral. Also, it introduces the concept of predefined partition strategies, which could enable unique capabilities like collateral models for staking without ever leaving their original address.

AMP Crypto real-world use cases

Collateral for payment networks

Flexa enables instant, fraud-free payments to merchants across its digital payment network. Apps that integrate Flexa stake Amp ensure all payments can be settled in real-time regardless of the asset or protocol used. Visit the Staking Guide for details on using AMP for global power payments.

Collateral for individuals

Users can assign AMP to a collateral manager and transfer another asset without requiring excessive transaction fees. The exchange counterparty can allow the underlying asset to be used immediately as AMP is sufficiently escrowed against the value of the transaction.

Collateral for DeFi platforms

Amp Price HistoryDeFi platforms are adding Amp to their products. This has further diversified AMP’s current and future uses and effectively increased its collateral quality. Explore the multitude of DeFi platforms already using Amp.

Conclusion

The AMP ecosystem has continued to draw investors who use the platform to explore opportunities its ecosystem presents, including Defi, the crypto market, and NFTs.

The network’s smart contracts offer a variety of built-in incentive models, including continuous compounding and micro-distributions. Amp could develop into a preferred network for transactions because of its distinctive offerings. The platform also boasts multiple partners that increase its ecosystem’s value; some include Poliniex, Bittrex, Crypto.com, and Yield. With AMP, users can provide collateral for both digital and physical assets. 

Amp network offers value not only in the blockchain space but also for real-world assets. You can buy AMP tokens on top-tier crypto markets like Binance, Coinbase, and Gemini. The AMP forecast shows that the token will hit higher highs in 2033, meaning it has a bright future and can be a good long-term investment.

However, adverse news and market crashes could derail AMP’s performance in the cryptocurrency market. The analysis is not investment advice; cryptocurrency markets are highly volatile. Therefore, you must do your own research before investing in crypto assets.

FAQs

Should I buy AMP?

Yes. Amp is a good investment with good returns. Analysts are however divided about Amp’s performance this year.

Where can I store my AMP tokens?

All Ethereum wallets can be used to store Amp since it's an ERC20 token. Read more about Ethereum wallets here: https://www.cryptopolitan.com/top-16-best-ethereum-wallets/

What's the price prediction for AMP in 10 years?

The AMP forecast shows that crypto coins will hit higher highs in 2033, meaning it has a bright future and can be a good long-term investment.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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Aamir Sheikh

Amir is a media, marketing and content professional working in the digital industry. A veteran in content production Amir is now an enthusiastic cryptocurrency proponent, analyst and writer.

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