In the best-case scenario, I will certainly limit my price prediction to $0.20 but will be a random guess. It’s going to be very hard for AMP to aim for $0.50. If the token has to hit $1, it will have to at least surpass Cardano ADA market cap and break the resistance zone of $0.06. The technicals and the total market cap complete the puzzle. Taking a look at the price chart, it’s pretty clear that the coin lacks volatility which is an essential requirement for bigger price moves. It briefly hit $0.10 and later fell back to $0.04. The coin has a pretty stable ride in the recent bull run and market crash.
It is there to support the whole ecosystem and make it trustworthy for the users. AMP is not the native currency of Flexa network. AMP is a collateral token that acts as a security for the merchant if the transaction doesn’t go as planned. Let’s make things clear before I give any price estimates. Before understanding AMP, it is important to take a look at the Flexa network and its features.
McCabe, Trevor Filter, Tyler Spalding and Zachary Kilgore in 2018. In order to spur the adoption rate and mitigate the uncertainty surrounding cryptocurrencies, we have AMP that brings the solution to the table.īefore you get confused, AMP and AMPL are two different projectsĪMP project is the creation of New York based Flexa network Inc. However, they’re lacking in mass adoption because of the reasons shared above. Crypto transactions are picking up the pace by challenging the traditional payment methods including cash to cash transfer.
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