Amp (AMP) Trading 7.9% Higher This Week

Amp (AMP) traded up 0.9% against the U.S. dollar during the 24-hour period ending at 17:00 PM E.T. on January 25th. Amp has a market capitalization of $179.28 million and $8.89 million worth of Amp was traded on exchanges in the last 24 hours. One Amp token can now be purchased for $0.0049 or 0.00000021 BTC on major cryptocurrency exchanges. During the last week, Amp has traded 7.9% higher against the U.S. dollar.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

  • Aidi Finance (BSC) (AIDI) traded 0.2% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded 3.5% higher against the dollar and now trades at $0.0613 or 0.00000260 BTC.
  • CareCoin (CARES) traded up 3.5% 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 up 3.5% 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 up 3.5% against the dollar and now trades at $6,609.34 or 0.28037725 BTC.
  • 2G Carbon Coin (2GCC) traded down 0.1% against the dollar and now trades at $135.45 or 0.00574597 BTC.
  • Lego Coin (LEGO) traded 2% lower against the dollar and now trades at $0.0406 or 0.00000173 BTC.

Amp Token Profile

Amp launched on September 8th, 2020. Amp’s total supply is 99,213,408,535 tokens and its circulating supply is 36,271,610,691 tokens. The official website for Amp is amptoken.org. Amp’s official Twitter account is @amptoken and its Facebook page is accessible here. Amp’s official message board 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”

Amp Token Trading

It is usually not possible to buy alternative cryptocurrencies such as Amp directly using U.S. dollars. Investors seeking to acquire Amp should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Amp using one of the aforementioned exchanges.

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