HomeLatest NewsAMP Price Surges 25% Amid Broader Adoption – What’s its price doing?

AMP Price Surges 25% Amid Broader Adoption – What’s its price doing?

AMP price has already provided year-to-date gains of about 1,700%, but recent developments could boost its price further.

Amp provides a platform for collateralising asset transfers through a system of collateral partitions and collateral managers. Its cryptocurrency AMP can be staked to a partition to guarantee any form of value exchange and effectively decentralise the risk of asset transfer.

AMP is seeing a lot of investor interest at the moment and is currently the ninth most-visited coin on CoinMarketCap. After dipping to a low of under $0.03 in May, AMP price hit an all time high of $0.12 yesterday, having surged 25% in the last 24 hours and 110% in the last week.

Where can I buy AMP?

Binance

Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.

Buy AMP with Binance today

LonghornFX

LonghornFX is a true ECN STP broker dedicated to delivering a superior trading experience to traders no matter their level of experience. Their services are based on transparency, innovation and efficiency, ensuring an unparalleled trading experience for all.

Buy AMP with LonghornFX today

Why AMP could be a good price right now

AMP is used to facilitate instant payments by payment network Flexa, which is already integrated with a wide range of stores. One of Flexa’s partners is Shopify, which is currently rolling out its payment features to all Google and Facebook merchants, a move that will potentially buoy AMP price further.

AMP also received a Coinbase listing last week, introducing the coin to a large audience of new investors, as seen in its trading volume which is up 81% in the last 24 hours. The price of AMP has seen an increase of 1,700% so far this year, and with these latest developments, there could still be plenty of room for growth.

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