Amp Price

$0.007702 -1.628%

Market cap$769,025,061.83

Volume (24h)$28,237,906.23

Highest price (24h)$0.00802

Circulating supply99,669,423,804.166 AMP

About

Why track AMP price?

Amp has garnered significant attention as a digital collateral token, designed to decentralize risk in any form of value transfer - be it digital or physical.
Understanding its price is crucial for several reasons. Some of them are given below:

Decentralized Collateral: As Amp acts as collateral for payments that are pending confirmation, the AMP value directly influences the assurance level for those transactions.
Adoption: The more services that integrate Amp, the higher the demand. Tracking its price can give an indication of its adoption rate and market confidence in its utility.
Staking Opportunities: Amp offers staking opportunities. Knowing its value can help users decide when to stake or unstake their tokens.
Market Dynamics: Like any other cryptocurrency, the Amp worth is susceptible to market volatility. Tracking can help in making informed investment decisions.

Check the Amp price now to get started.

What info is displayed on the AMP price chart?

Paybis’s AMP price USD chart furnishes users with:

Live AMP price
Current Market Cap of AMP
24hr Volume of AMP
The highest price of AMP in the last 24 hours
Circulating supply of AMP
Price of Amp in 50+ fiat currencies

Such detailed data facilitates a thorough grasp of the AMP token's market performance.

Amp price history

A brief overview of Amp price history since its inception:

2020: The AMP token was launched in September 2020. The price started at a fraction of a cent and remained relatively stable until February 2021.
2021: In February 2021, the price of AMP started to rise, reaching a high of $0.037 in March. The price then consolidated for a few months before breaking out again in June, reaching an all-time high of $0.1211 on June 16. The price then crashed to $0.041 in July and has been mostly trading in the $0.04 to $0.08 range since then.
2022: The price of AMP has been on a steady decline in 2022. It ended the year around the price of $0.003. This can be largely attributed to the bearish sentiment in the market.

Amp price today

Amp’s role in addressing payment failure points in DeFi makes it a token of interest. On Paybis, users can effortlessly view the current AMP price.
Moreover, with the filter option, a customized view is just a click away. Interested in making a quick purchase?
Lock the Amp price today when you proceed to buy it for 15 minutes with the buy option on Paybis.

Analyzing Amp price trends

To make strategic decisions regarding Amp, understanding its price drivers is essential. Regulatory changes, DeFi adoption, partnerships, and global economic conditions can all influence its value. Paybis’s real-time AMP price chart ensures users can monitor immediate price shifts and discern longer-term trajectories effortlessly.

How will AMP price change in the future?

The future price of AMP is uncertain, given the myriad of factors influencing it.
However, as long as decentralized systems and DeFi continue to grow, and Amp has a chance to remain a crucial part of this ecosystem, it might witness positive trends.
As always, potential investors should research diligently or seek expert advice.

What is Amp?

AMP is a collateral token that is used to secure transactions on the Flexa network. The Flexa network is a payment network that allows merchants to accept cryptocurrencies as payment. AMP tokens are staked by users to guarantee the success of a transaction. If a transaction fails, the AMP tokens are liquidated to cover the loss. This ensures that merchants always receive payment, even if the transaction fails.
AMP is an ERC-20 token, which means it is built on the Ethereum blockchain. It has a total supply of 100 billion tokens. The AMP token is not mineable, but it can be purchased on cryptocurrency exchanges.
The AMP token is still a relatively new project, but it has the potential to be a major player in the cryptocurrency payments space. The Flexa network is already being used by a number of merchants.
If you purchase AMP, you can be a part of this network.

Who invented Amp?

Amp was a result of collaborative efforts, designed to enhance decentralized systems and streamline value transfers. Flexa and ConsenSys played major roles in its conceptualization and development.

How Amp works

Amp provides a straightforward mechanism:

Collateralization: Tokens can be staked to guarantee any form of financial exchange. This could be a payment, loan, or any other form of value transfer.
Partition Strategy: Amp can be partitioned to collateralize any account, application, or even transaction, and has inbuilt consensus to confirm validity.
Decentralization: Amp ensures decentralization by allowing various apps or networks to use the token to ensure value transfer.

FAQ

What's the current value of Amp?

Check the Paybis AMP price tracker for the most recent valuation. The Amp price is updated in real-time on Paybis.

Who are the top holders of AMP?

Large exchanges and prominent DeFi participants usually hold a significant portion of AMP. The Flexa team owns more than 22% of the AMP tokens.

How many people own AMP?

Precise numbers change, but analytics tools can provide insights into wallet distributions and holdings. There are at least 1 million unique wallet addresses that own AMP - but an individual can own more than one wallet.