Amp (AMP) Trading 7.9% Higher This Week

Amp (AMP) traded 0.9% higher against the U.S. dollar during the 1 day period ending at 17:00 PM Eastern on January 25th. One Amp token can now be bought for approximately $0.0049 or 0.00000021 BTC on popular cryptocurrency exchanges. Over the last seven days, Amp has traded 7.9% higher against the U.S. dollar. Amp has a market cap of $179.28 million and approximately $8.89 million worth of Amp was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over the last day:

  • Aidi Finance (BSC) (AIDI) traded up 0.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded up 3.5% against the dollar and now trades at $0.0613 or 0.00000260 BTC.
  • CareCoin (CARES) traded 3.5% higher against the dollar and now trades at $0.0761 or 0.00000323 BTC.
  • OmniaVerse (OMNIA) traded up 11.5% against the dollar and now trades at $0.0022 or 0.00000009 BTC.
  • Kitty Inu (KITTY) traded 3.5% higher against the dollar and now trades at $94.16 or 0.00399440 BTC.
  • Lunar (LNR) traded down 3.9% against the dollar and now trades at $0.0280 or 0.00000119 BTC.
  • Hokkaidu Inu (HOKK) traded 4.3% higher against the dollar and now trades at $0.0006 or 0.00000002 BTC.
  • QANplatform (QANX) traded 3.5% higher against the dollar and now trades at $6,609.34 or 0.28037725 BTC.
  • 2G Carbon Coin (2GCC) traded 0.1% lower against the dollar and now trades at $135.45 or 0.00574597 BTC.
  • Lego Coin (LEGO) traded down 2% against the dollar and now trades at $0.0406 or 0.00000173 BTC.

About Amp

Amp was first traded on September 8th, 2020. Amp’s total supply is 99,213,408,535 tokens and its circulating supply is 36,271,610,691 tokens. Amp’s official website is amptoken.org. Amp’s official Twitter account is @amptoken and its Facebook page is accessible here. The official message board for Amp is medium.com/amptoken. The Reddit community for Amp is https://reddit.com/r/amptoken and the currency’s Github account can be viewed here.

According to CryptoCompare, “Amp is the evolution of Flexacoin ($FXC). Amp is a digital collateral token designed to facilitate fast and efficient value transfer, especially for use cases that prioritize security and irreversibility.As collateral, Amp insures the value of any transfer while it remains unconfirmed—a process which can take anywhere from seconds to hours to days. Amp tokens used as collateral are generally released when consensus for a particular transfer is achieved, making them available to collateralize another transfer. In the event that consensus is not achieved for the transfer, the Amp collateral can instead be liquidated to cover losses.Flexa uses Amp to secure transactions and build networks that accrue value both securely and transparently.At the core of the Amp collateral model is the concept of the collateral partition. Collateral partitions represent subsets of Amp tokens that provide collateral for particular purposes, and are distinguished on the Ethereum blockchain with unique partition addresses. Each collateral partition can be endowed with its own set of rules regarding transfer hooks and privileges, and can also implement a predefined partition strategy in order to enable special capabilities (e.g., collateral models in which tokens are staked without ever leaving their original address).On Tuesday, September 8, 2020, Flexacoin ($FXC) became available to migrate to Amp ($AMP). See the official announcement.Discord”

Buying and Selling Amp

It is usually not possible to purchase alternative cryptocurrencies such as Amp directly using US dollars. Investors seeking to trade Amp should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Amp using one of the exchanges listed above.

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