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What Is the Alchemy Pay price prediction today
AT A GLANCE
- In 2024, Alchemy Pay price is expected to reach $0.05535206838750279, according to some experts
- 2025 promises to be turbulent, with prices ranging from $0.01743541342858554 to $0.06359030123250946, with WalletInvestor predicting a breakthrough leading to a price rise to $0.06359030123250946
- By 2030, ACH price can hit $0.05535206838750279
Alchemy Pay fundamental analysis
Alchemy token (ACH) is an official token on the Alchemy Pay network — a project aiming to bridge the traditional fiat and cryptocurrency payments, providing a wide variety of payment options for customers and keeping it easy for merchants to accept those transactions. Alchemy Pay was founded in Singapore in 2018.
Traditional electronic payment systems, while convenient, have some shortcomings. For example, it’s expensive to send money across borders, and for unbanked residents, it’s nearly impossible. The existing system is not always convenient for large companies, too, as they have to manage payments for each regional branch according to its own set of rules. Blockchain technology and the associated cryptocurrency usage may solve those problems, but they are not adopted widely enough, especially by merchants. So, Alchemy Pay was developed to serve as a gateway between those two means of payment. It can be embedded into apps, POS (point-of-sale) terminals, web forms, etc., and works with a wide variety of currencies, so the customer can choose the most convenient way to pay, crypto or fiat, and the merchant will receive it as local currency.
ACH tokens are issued to incentivize Alchemy Pay’s users: both customers and merchants receive a percentage of the transaction as a cashback deposited in ACH. The project’s team is planning continuous development of profitable and robust tokenomics for its users.
Alchemy Pay live price chart
Alchemy Pay token performed very well in 2021, more than doubling its price in 12 months. It started last spring at the level of $0.0065 and was steadily growing till the beginning of April. It went for a moderate market correction after and was pulled off to $0.0079 on April 24 and from there continued to recover going along with the bullish trends of the crypto market.
The token was quite stable till mid-May, only surging once to $0.013 on May 10. During the summer when most of the major cryptocurrencies were in the downtrend, the ACH token also went bearish. During the next 2,5 months, it was trading on the lowest level since its launch not going beyond $0.0022, and reached its all-time low of $0.0013 on July 20.
But at the end of July, the situation changed drastically and the asset suddenly skyrocketed to $0.15 on July 30. It was caused by its listing on Coinbase Pro that attracted a lot of attention to the project. The hype continued for the following weeks, making ACH crypto hit the all-time high of $0.1975 on August 6.
Even though this sudden growth was followed by a series of corrections, the token stabilized its positions around $0.06-$0.07 by the middle of October, showing a massive improvement compared to the previous months.
When the bullish wave of the market started to calm down, the ACH token started to gain value again. Coin’s price reached $0.1 on November 3, then went down to the resistance level of $0.08 and stayed there until a bigger correction in the second part of the month. By the end of November Alchemy Pay coin price went back to $0.1, but then started to decline.
From the middle of December and till mid-Jan coin sustained around $0.06, but later was hit by the bearish trends of the market and lost half of its price in a matter of days. Till the beginning of February ACH couldn’t break above $0.4.
During the past month, Alchemy Pay coin was showing bullish signals and recovered its value. Currently, it is trading for $0.045 and despite the slight decline of its chart, the overall analysts' outlook for the long-term price change is positive.
Alchemy Pay technical analysis
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Alchemy Pay price prediction
Alchemy Pay price predictions summary
Alchemy Pay price prediction for 2024
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Alchemy Pay price prediction for 2030
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