Current Market Snapshot
The Alchemy Pay (ACH) token is currently trading at $0.018349**, reflecting a notable 24-hour increase of **+4.46%**. The trading activity over the past day has reached a volume of **$12.01 million, indicating robust market participation. The token's price fluctuated between a high of $0.018595** and a low of **$0.017458 during this period.
With a circulating supply of 1.83 billion coins, Alchemy Pay's market capitalization stands at approximately $33.58 million, ranking it within the top 200 cryptocurrencies globally.
What is Alchemy Pay (ACH)?
Founded in Singapore in 2018, Alchemy Pay operates as a pioneering payment solutions provider. Its core mission is to bridge the gap between traditional fiat currencies and the burgeoning cryptocurrency economy. The platform serves a diverse global audience, including consumers, merchants, developers, and financial institutions.
By enabling both online and offline merchants to accept a wide array of payment methods, including digital and traditional currencies, Alchemy Pay simplifies entry into the blockchain ecosystem. Its services enhance the accessibility of Web3 technologies for a broader audience.
Key Features and Global Reach
The network boasts an impressive operational footprint, supporting transactions in over 70 countries through more than 300 different payment channels. Through strategic partnerships with major industry players like Binance, Shopify, NIUM, and QFPay, Alchemy Pay has established touchpoints with a vast network of over 2 million merchants worldwide.
The ACH token is the native ERC-20 utility token of the ecosystem, built on the Ethereum blockchain. It plays a central role in facilitating operations and incentives within the Alchemy Pay network.
Detailed Tokenomics and Historical Data
Understanding the supply dynamics of a cryptocurrency is crucial for any assessment. Alchemy Pay has a defined maximum supply of 10,000,000,000 (10 billion) ACH tokens. The currently circulating supply is 1,830,400,000 ACH.
The token has experienced significant market cycles since its inception. Its all-time high price stands at $0.21234740**, a milestone that highlights its potential for substantial value appreciation. Conversely, its all-time low was recorded at **$0.00132507. These figures illustrate the volatile yet opportunistic nature of the digital asset market. 👉 Explore more strategies for analyzing market cycles
How to Analyze the ACH Price Chart
For investors and traders, chart analysis is a fundamental skill. Here’s what to look for when examining the ACH price chart:
- Trend Identification: Determine the overall direction of the price movement—is it in an upward (bullish), downward (bearish), or sideways (consolidation) trend?
- Support and Resistance Levels: Identify key price points where the token has historically had difficulty falling below (support) or rising above (resistance).
- Trading Volume: Confirm the strength of a price trend by observing its accompanying trading volume. High volume during an upward move adds credibility to the trend.
- Technical Indicators: Utilize common indicators like Moving Averages, Relative Strength Index (RSI), and MACD to gauge momentum and potential reversal points.
Staying informed with the latest project developments, partnership announcements, and broader cryptocurrency market news is equally important, as these factors can have an immediate impact on price.
Frequently Asked Questions
What is the primary use case for the ACH token?
The ACH token is used within the Alchemy Pay ecosystem to facilitate transactions, pay for services, and participate in network governance. It is designed to be the fuel for a seamless bridge between crypto and fiat payments, providing utility and value to its holders.
Where can I buy and sell Alchemy Pay (ACH)?
ACH is listed on numerous major cryptocurrency exchanges. You can typically trade it against other cryptocurrencies like Bitcoin (BTC) or Ethereum (ETH), and sometimes against stablecoins like USDT or fiat currencies on certain platforms.
What factors could influence the future price of ACH?
The price is influenced by a combination of broader crypto market trends, the adoption rate of Alchemy Pay's payment solutions, new merchant and enterprise partnerships, overall developments in the regulatory landscape for crypto payments, and updates to the protocol itself. 👉 View real-time tools for tracking these factors
Is Alchemy Pay a mineable cryptocurrency?
No, ACH is not mineable. It is an ERC-20 utility token that was issued on the Ethereum blockchain. Its supply is predetermined and fixed.
How does Alchemy Pay differ from other payment crypto projects?
Alchemy Pay distinguishes itself through its extensive focus on hybrid solutions, creating a seamless gateway for millions of existing merchants to accept crypto without abandoning traditional fiat systems. Its vast network of established partnerships provides a significant real-world use case and adoption advantage.
What does the future hold for Alchemy Pay?
The project continues to focus on expanding its global reach, integrating with more payment gateways, and enhancing its technology to make crypto-fiat transactions even more efficient. Its success is tied to the widespread adoption of cryptocurrencies for everyday payments.