So, here we are, in the wild world of altcoins, where Alchemy Pay (ACH) is strutting its stuff like itâs the star of a rom-com. With Bitcoin trying to kick off the 2024/2025 bull cycle like a toddler on a sugar high, ACH is signaling a bullish breakout thatâs practically screaming, âInvest in me!â
Now, letâs talk numbers, shall we? Bitcoin is currently playing hard to get at BTC $102,696, with a 24h volatility: 0.8% and a market cap thatâs just shy of $2.04 T. Meanwhile, ACH is hanging out at ACH $0.0313, with a 24h volatility: 4.2% and a market cap of $154.64 M. Itâs like the underdog in a sports movie, ready to take the championship!
On Tuesday, January 28, ACH decided to throw a party, registering a whopping 114% surge in daily average trading volume, reaching about $766 million. Talk about a glow-up! But wait, it did retrace around 20% in the last 24 hours, which is just typical drama for a cryptocurrency, isnât it?
In a plot twist worthy of a soap opera, ACH has closed above the 50 Moving Average (MA) for the first time since the dawn of 2025. And the daily Relative Strength Index (RSI) is teasing above the 70% level, like itâs trying to get your attention at a bar. Itâs retested the crucial resistance level around $0.044 for the first time since March 2024, and itâs on the brink of a breakout that could make your head spin faster than a reality TV show reunion.
And letâs not forget about TOTAL3, which is like the cool kid in school that excludes Bitcoin and Ethereumâs market cap. Itâs retested the 2021 ATH of about $1.15 trillion, while Bitcoin dominance is forming a macro reversal pattern. Itâs all very exciting, isnât it?
Top Reasons to Bet on Alchemy Pay (ACH) Token Ahead
First off, the mainstream adoption of digital assets is like a tidal wave, and Alchemy Pay is right there with its surfboard. With over 3 million users from 173 countries, ACH is making payments easier than ordering a latte at your local cafĂ©. Theyâve got all the big names on board, like Visa and Mastercard, and theyâre not stopping there!
Alchemy Pay has been adopted by top-tier Web3 projects, including OKX, Bitget, DODO, and Bitrue. By the end of 2024, theyâll have integrated services with over 200 payment channels, including Apple Pay, Google Pay, and even Kakaopay. Itâs like a digital payment buffet, and everyoneâs invited!
In a bid to ensure theyâre not just a flash in the pan, Alchemy Pay secured 7 new operating licenses in 2024, wrapping up the year with a total of 12 licenses across multiple regions. Theyâre basically the overachievers of the crypto world, getting money transmitter licenses from places like New Hampshire and Wyoming. Who knew licensing could be so thrilling?
And just when you thought it couldnât get any better, Alchemy Pay announced it received official registration with the Australian Transaction Reports and Analysis Centre (AUSTRAC). Theyâre now authorized to operate as a digital currency exchange provider in Australia. Crikey!
With the Alchemy Pay network growing faster than a cat meme going viral, the mainstream adoption of the ACH token is set to skyrocket. Plus, itâs an ERC20 token, which means itâs used to pay for transaction fees and incentivize network users. Itâs like the Swiss Army knife of cryptocurrencies!
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2025-01-28 18:08