Amp (AMP) Trading Down 7% This Week

Amp (AMP) traded 3.4% higher against the US dollar during the 24-hour period ending at 18:00 PM Eastern on November 5th. Amp has a market capitalization of $128.63 million and approximately $12.48 million worth of Amp was traded on exchanges in the last day. One Amp token can now be purchased for about $0.0035 or 0.00000005 BTC on cryptocurrency exchanges. During the last week, Amp has traded 7% lower against the US dollar.

Here is how similar cryptocurrencies have performed during the last day:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 2.3% against the dollar and now trades at $69,277.64 or 0.99802688 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 2.2% higher against the dollar and now trades at $69,226.34 or 0.99728780 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Amp Token Profile

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

According to CryptoCompare, “Amp is a digital collateral token created as an evolution of Flexacoin. It is designed to enable fast and secure value transfer with a focus on irreversibility. Amp is used as collateral to ensure the value of transfers during the confirmation process, which can take seconds to days. If consensus is not reached, the Amp collateral can be liquidated to cover losses. Collateral partitions are subsets of Amp tokens used for specific purposes, each with unique addresses and customizable rules and strategies. Amp is used by Flexa to build secure and transparent networks that accrue value.”

Amp Token Trading

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

AMP/USD price chart by TradingView