Bitcoin
BTC$70 747.30

1.83%

Ethereum
ETH$3 562.88

1.62%

Tether
USDT$1.000047

0.04%

Binance Coin
BNB$583.45

1.48%

Solana
SOL$189.52

1.65%

XRP
XRP$0.624522

2.04%

Flexa AMP cryptocurrency hits new highs on Coinbase listing Up 1,700% in 2021


18 Jun 2021

#Amp

The payment system's in-house token passes $0.11 as partner Shopify plans to reach out to Facebook and Google merchants. The in-house token of cryptocurrency payments app Flexa, AMP, has hit new all-time highs after being listed on major exchange Coinbase.

Data from Cointelegraph Markets Pro and TradingView showed AMP/USD reaching $0.11 per coin for the first time on June 17.

AMP nears $0.12 as best-performing altcoin

Flexa, which describes itself as the “first ever digital currency payment option for brick-and-mortar retail,” aims to offer a blanket solution for cryptocurrency acceptance and spending. Its previous infrastructure token, Flexacoin (FXC), was converted to AMP late last year as part of an overhaul.

The replacement appeared to fare better than the original almost instantly, rising throughout 2021 from a starting value of just $0.006 — year-to-date gains of around 1,700%.

Flexa has already partnered with Canadian multinational e-commerce company Shopify. When the latter announced that it would expand its payment features to all Facebook and Google merchants this week, AMP cemented its ongoing bull run, jumping 25% in the past 24 hours alone as exchange Coinbase launched trading. In late May, U.S. food and retail chain Sheetz confirmed that it would begin accepting Bitcoin (BTC) payments using Flexa’s services.

“Since launching Flexa just over two years ago as the first ever digital currency payment option for brick-and-mortar retail, we’ve scaled to support more than 41,000 merchant locations across the US,” Tyler Spalding, co-founder and CEO of Flexa, commented last month.

Glimmers of hope in flat crypto landscape

AMP thus topped the chart of high-flying altcoins on Thursday, its daily returns double those of the next largest riser, XinFin Network (XDC). Overall, the picture for alts was mixed on the day, amid a cool-off for Bitcoin and larger market cap tokens including Ethereum (ETH).

In commentary, Cointelegraph contributor Rakesh Upadhyay said that it was a question of patience for most traders. “Given that there are large amounts of funds ready to flow into cryptocurrencies, another massive fall is unlikely,” he summarized. “However, that does not mean a new bull market will start in a hurry. Most major cryptocurrencies may enter a bottoming formation before starting the next trending move.”

The overall crypto market cap stood at $1.632 trillion, with Bitcoin’s share at 45.1%.


Related

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 77.2% 42 $70 747.30 1.83% 8.06% $1 391 385 474 184 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 73.6% 49 $3 562.88 1.62% 2.11% $427 802 048 122 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 91.6% 1 $1.000047 0.04% 0.01% $104 459 077 369 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 60% 81 $583.45 1.48% 5.45% $87 246 653 153 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 61.6% 88 $189.52 1.65% 5.62% $84 203 450 543 SOL 7 days price change
6 XRP (XRP) XRP XRP predictions 82.4% 28 $0.624522 2.04% -2.50% $34 276 432 402 XRP 7 days price change
7 USD Coin (USDC) USDC USD Coin predictions 95.2% 2 $0.999973 -0.02% -0.02% $32 393 119 264 USDC 7 days price change
8 Dogecoin (DOGE) DOGE Dogecoin predictions 69.6% 66 $0.220042 15.62% 41.73% $31 610 806 562 DOGE 7 days price change
9 Cardano (ADA) ADA Cardano predictions 66.8% 65 $0.650620 0.32% 2.92% $23 150 642 891 ADA 7 days price change
10 Avalanche (AVAX) AVAX Avalanche predictions 58.4% 87 $54.59 0.84% 1.21% $20 601 976 384 AVAX 7 days price change
11 SHIBA INU (SHIB) SHIB SHIBA INU predictions 58% 94 $0.000032 6.08% 17.58% $18 854 404 148 SHIB 7 days price change
12 Toncoin (TON) TON Toncoin predictions 59.2% 87 $4.90 -1.21% 20.72% $17 017 490 377 TON 7 days price change
13 Polkadot (DOT) DOT Polkadot predictions 72% 49 $9.52 0.74% 3.75% $13 582 255 065 DOT 7 days price change
14 Chainlink (LINK) LINK Chainlink predictions 78% 42 $19.16 -0.71% 3.91% $11 248 559 422 LINK 7 days price change
15 Bitcoin Cash (BCH) BCH Bitcoin Cash predictions 70% 59 $569.28 5.35% 37.33% $11 204 606 590 BCH 7 days price change

Be the first to receive Cryptocurrency Price Predictions and Forecasts daily

Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.

© 2015-2024 Crypto-Rating.com

The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.