On September 23, AMP (Amp) governance went live and the first proposal discussed was to establish an Amp Community Grant program (from @FlexaHQ). These new tools will give the Amp community a new way to make their voice heard and influence the future of Amp.
Starting September 7, anyone can provide collateral for Lightning payments on the @FlexaHQ network by staking Flexa Capacity’s Lightning transformer at http://app.flexa.network. AMP/Flexa makes other cryptocurrencies spendable, potentially anywhere. By connecting layer 2 scaling solutions to payment networks like@FlexaHQ, merchants can gain access to more consumers and more wallet apps than ever before.
AMP has very few direct competitors so we don’t need to disparage other coins or other investments. Once everyone gets comfortable with crypto, they will want to figure out how to spend it easily. That’s where AMP comes in. AMP makes payment processing fees the smallest, as well as making the payment process the fastest among its kind.
What is AMP?
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 a wide variety of 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.
The startup plans on gradually decentralizing its wallet service while providing more centralized software solutions for merchant partners, co-founder Tyler Spalding said. Amp already works with companies that make use of its services, among which are 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 through which tokens can be staked without ever leaving their original address.
Collateral for payment networks
Flexa enables instant, fraud-free payments to merchants across its digital payment network. Apps that integrate Flexa stake Amp to 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 to power global 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
DeFi platforms are adding Amp to their products. This has further diversified the current and future uses for Amp, and effectively increases its collateral quality. Explore the multitude of DeFi platforms already using Amp.
Amp to USD price chart from CoinMarketCap
The current AMP day price is $0.044572 with a 24-hour trading volume of $30,188,921. AMP is up 0.19% in the last 24 hours. The current CoinMarketCap ranking is #59, with a live market cap of $1,882,193,490 USD. It has a circulating supply of 42,227,702,186 AMP coins and a maximum supply of 92,547,638,199 AMP coins.
Amp price analysis from PricePrediction
According to PricePrediction, AMP has shown a good increase of 2.42% in its trading volume and market cap in the last 24 hours. However, it has continued to face a hard time getting on board with other crypto coins. In the previous seven days, AMP has experienced a price decline of around -10.15%. Although AMP has a solid fundamental, we don’t think it would be a profitable asset in the short term.
The coin price decreased by -29.541% in one month, eliminating a whopping average sum of $0.019 from its current value. The fall in the coin price means the coin is in a dip. It is a good buy opportunity for quick investment. The 90 days price change is around 0.98% and the price circulated from a minimum average value of $0.044 to a maximum average value of $0.050 in the past 90 days. In the Last four months, AMP has shown a growing trend. Thus, we think that similar parts of the market were quite popular at that period.
According to the latest data collected, the trading volume of AMP has increased in 4 months. The trading volume constitutes a vital role in its price. The coin is up by 37.20%, with a maximum average value of $0.025. The minimum average value was around $0.023 in the past four months.
Amp price forecasts from CoinPriceForecast
AMP Price Prediction 2021
AMP price started in 2021 at $0.0094. Today, AMP traded at $0.0444, so the price increased by 381% from the beginning of the year. According to coinpriceforecast, the forecasted AMP price at the end of 2021 is $0.1226 and the year to year change is +1204%. In the first half of 2022, the AMP price will rise to $0.2242; in the second half, the price would lose $0.0127 and close the year at $0.2115, which is +364% to the current price.
AMP Prediction 2023-2027
These five years would bring a significant increase: AMP price would move from $0.2115 to $0.7048, which is up 233%. AMP will start 2023 at $0.2115, then soar to $0.2546 within the first six months of the year and finish 2023 at $0.3408. That means AMP will appreciate by +649%.
AMP Prediction 2028-2032
In this period, the AMP price would rise from $0.7048 to $1.1276, which is +60%. AMP will start 2028 at $0.7048, then fell to $0.7735 within the first half of the year, and finish 2028 at $0.6614. this means AMP will appreciate by +1,354% from its current price.
Amp price prediction from Longforecast
AMP forecast for September- December 2021
The Longforecast projected price for the month of September is $0.032. The maximum price is $0.046, and the minimum price is $0.032. The average AMP price for the month is $0.037. AMP price forecast at the end of the month is $0.036, the change for September is 12.5%. The projected price for October is $0.036. The maximum price is $0.057, and the min price is $0.028. The average for the month is $0.038. AMP price forecast at the end of the month is $0.030; the change for October is -16.7%.
The projected price for the month of November is $0.030. The maximum price is $0.037, and the minimum price is $0.030. The average for the month is $0.033. At the end of the month, the AMP price forecast is $0.035, the change for November is 16.7%. The projected price for December is $0.035. The maximum price is $0.044, and the minimum price is $0.035. The average for the month is $0.039. AMP price forecast at the end of the month is $0.041, the change for December is 17.1%
AMP token price to USD predictions for February 2022
Based on the graph above, the projected price for January is 0.048 Dollars. The maximum price is $0.048, the minimum price is $0.041. The average for the month is $0.045. At the end of the month, the AMP price projection is $0.044, change for February is -8.3%. The projected price for the month of February is 0.044 Dollars. The maximum price is $0.048, and the minimum price is $0.042. The average for the month is $0.045. At the end of the month, the AMP price projection is $0.045, the change for March is 2.3%.
The projected price for the month of March is 0.045 Dollars. The maximum price is $0.056, and the minimum price is $0.045. The average for the month is $0.050. At the end of the month, the AMP price projection is $0.052, the change for April is 15.6%. The projected price for April is 0.052 Dollars. The maximum price is $0.054, and the minimum price is $0.047. The average for the month is $0.051. AMP price projection at the end of the month $0.050, change for May -3.8%.
The projected price for the month of June is 0.050 Dollars. The maximum price is $0.059, while the minimum price is $0.050. The average for the month is $0.054. At the end of the month, the AMP price projection is $0.055, the change for June is 10.0%. The projected price of the month is 0.055 Dollars. The maximum price is $0.068, while the minimum price is $0.055. The average for the month is $0.061. AMP price projection at the end of the month is $0.064, a change of 16.4%.
The projected price for August is 0.064 Dollars. The maximum price is $0.064, while the minimum price is $0.050. The average for the month is $0.058. AMP price projection at the end of the month is $0.054, a change of -15.6%. Amp projected price for September is 0.054 Dollars. The maximum price is $0.054, while the minimum price is $0.046. The average for the month is $0.051. AMP price projection at the end of the month $0.049, change for September -9.3%.
Based on the graph above, the projected price for January is 0.045 Dollars. The maximum price is $0.054, and the minimum price is $0.045. AMP price forecast at the end of the month is $0.050, a change of 56.3%. Amp projected price for February is 0.050 Dollars. Maximum price $0.050, minimum price $0.040. AMP price forecast at the end of the month is $0.043, a change of 34.4%.
The projected price for March is 0.043 Dollars. The maximum price is $0.044, and the minimum price is $0.038. AMP price forecast at the end of the month is $0.041, a change of 28.1%. The projected price for April is 0.041 Dollars. The maximum price is $0.042, and the minimum price is $0.036. AMP price forecast at the end of the month is $0.039, a change of 21.9%.
Amp price prediction from DigitalCoinPrice 2021-2028
According to the AMP prediction on Digitalcoinprice, the price of AMP will start in the year 2021 above $0.0669134411 and will rise to $0.0800055129 in 2022. The coin will begin in 2023 at $0.0958945473 and rise to $0.1194197029 in the following year. The previous year’s increase will transcend into 2025 as AMP is projected to be sold at$o.1379859026. The coin will further increase in 2026 and will be sold at $0.1624158906. AMP is projected to reach its all-time high in 2028 at $0.2033727198.
AMP price prediction for January- March 2025
AMP price predictions chart for 2025 from Digitalcoinprice
Based on the graph above, the average price of AMP in January is 0.1280299612 and the price change for the month is 181.64%. The average AMP price in February is 0.13111514947 and the price change for the month is 188.43%. The average value in March is 0.1165148230 and the price change for the month is 156.31%.
The average value in April 2025 is 0.1280299612 and the price change for the month is 221.01%.
The AMP coin price prediction from WalletInvestor suggests the price could climb to $0.0854 by the end of the year, then double to $0.1640 by the end of 2022. It predicts the price will reach $0.4002 by the end of 2025.
The AMP crypto forecast from DigitalCoinPrice puts the price at an average of $0.0798 in 2021, rising to $0.0954 in 2022 and $0.1143 in 2023. By 2025, it predicts the price could average $0.1645, up from $0.1424 in 2024. In 2028, the coin is expected to average $
AMP forecast from PricePrediction projects that the coin will reach an average price of $0.3000 by 2025, from $0.0600 in 2021, and surpass the $1 mark later in the decade to reach an average of $1.9300 in 2030.
It’s important to keep in mind that the cryptocurrency market remains highly volatile. Like Bitcoin price prediction or Ethereum price prediction, it is difficult to accurately predict an AMP coin’s price, even within a few hours, and even harder to give long-term estimates. We recommend constant research and consideration of the latest market trends, news, technical and fundamental analyses on the crypto coin before making any investment decisions. And never invest more than you can afford to lose.
What will be AMP’s worth in 2021?
According to Longforecast, the AMP price forecast at the end of 2021 is $0.041.
Does AMP have a future?
In terms of price, AMP has an outstanding potential to reach new heights. It is forecast that AMP’s price will increase in value. With expert analysis from Digitalcoinprice projects, AMP is projected to reach its all-time high in 2028 at $0.2033727198.
Is AMP coin worth buying in 2030?
AMP’s value is expected to continue to expand, as shortage tends to encourage price rise. Please note, there is some risk to any investment. Just invest in what you can accomplish before coming to any conclusions and conduct the maximum research possible.
Is AMP token a good investment?
AMP is a good investment in 2021 and could be a profitable investment in the long run. However, a crypto investor needs to take extra care when trading in cryptocurrencies, as these are highly volatile.
Will AMP coins reach $0.1 in 2021?
Yes, AMP may reach $0.1 in the years to come but not now. To do that, AMP must increase its market capitalization and continue to burn its tokens.
How to buy an AMP coin?
AMP tokens can be bought on the Coinbase crypto exchange.
Will AMP price rise above Dogecoin price in 2012?
Dogecoin‘s current value is pegged at $0.2017, while AMP’s value is $04434. At the current value, Dogecoin has a higher value than the AMP coin. However, AMP is promising and may equal the value of Dogecoin in the long run. But at the moment, Dogecoin has a higher value.
What’s the difference between AMP (Synereo) and BAT (Basic Attention Token)?
AMP Synereo token has a real-world value that incentivizes users to reward content creators for content discovery and bringing the content to new audiences. Basic Attention Token (BAT) is a blockchain-based system built on Ethereum for tracking media consumers’ time and attention on websites. While AMP incentivizes users, BAT tracks users and efficiently distributes advertising money between advertisers, publishers, and readers of online marketing content and ads.
Is it true that after a 90% Loss, you would need 900% gain to get back to break even?
Many people don’t get it when they say it dropped 20% yesterday and fully recovered the next day with a 20% gain. No, it’s not. The market is asymmetric. After a 20% loss, you need a 25% gain to get breakeven. It gets exponentially worse after a 50% loss.
50% loss needs 100% gain.
70% loss needs 233% gain.
90% loss needs 900% gain.