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Think of Amp as crowdsourced collateral i.e. security to decentralise payment risk. Amp is used for value transfer, the token offers verifiable assurances for quick and secure transactions. As an Amp holder you can stake Amp tokens which will be used to guarantee payment transactions in different currencies.
Amp partners with several services, including CoinGecko, Gemini, Sushi and Uniswap. Created by Flexa, Amp is also the native token for the Flexa payment platform.
Flexa is a payment network that allows users to spend Bitcoin and other cryptocurrencies at retailers such as Nordstrom, Barnes & Nobles and Lowe’s. Flexa payment is accepted in over 40,000 stores in the US and Canada. Using Flexa, you can make instant and fraud-proof payment to retailers without the need to disclose sensitive personal information. As a Flexa user your spending limit is capped at $US250 per week which resets to zero every Friday. Amp is the token that makes Flexa’s instant payments possible.
Amp (AMP) is the 75th largest cryptocurrency in the world by market cap, valued at $1,354,328,202. The current price of Amp is $0.02818158, which is -2.536% lower than yesterday. Prices have ranged between $0.03001216 and $0.02807299 over the past 24 hours. All prices are listed in US dollars and accurate as of January 24, 2022 08:01 UTC.
| Coin symbol | AMP |
|---|---|
| Coin Marketcap | US$1,354,328,202 |
| Total AMP supply | 99,443,186,967 |
| Circulating AMP | 48,013,928,909 |
| Current price | US$0.02818158 |
| All time high | US$0.120813 |
| Partnerships | ConsenSys, Gemini |
| Industry | Collateral token |
| Token uses | Value transfer |
| Network | Ethereum |
Historical prices compared with the price of US$0.02818158.
| 1 hour | -1.08% |
|---|---|
| 24 hours | -2.54% |
| 7 days | -31.88% |
| 14 days | -34.31% |
| 30 days | -43.18% |
|---|---|
| 60 days | -52.99% |
| 200 days | -50.84% |
| 1 year | 338.02% |
Disclaimer: Cryptocurrencies, including Amp, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of AMP is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Amp or any other cryptocurrency discussed.