According to a featured article on CryptoComLearn, Alchemy Pay (ACH) has exhibited remarkable performance in July. The ACH token surged 43% in 24 hours on July 20, making it the biggest gainer in the cryptocurrency market. Over the following two weeks, ACH entered the top 10 most searched tokens on almost every crypto site, including CoinGecko and CoinMarketCap. The token garnered so much interest that Binance now supports it for margin trading — an unusual move for a project of Alchemy Pay's size.
Listings on Top Exchanges and Staking
Part of the reason for the impressive price action is the token's recent listings on Binance US, Crypto.com (website and app), KuCoin, and Kraken. As it became available across the world's largest exchanges, ACH could also be staked on Binance and KuCoin, offering generous yields to long-term investors. Alchemy Pay's online community has doubled in less than 12 months to approximately 200,000 members, highlighting the project's momentum.
Strategic Partnerships
Alchemy Pay has partnered with many of crypto's biggest layer-1 chains, including Avalanche, Polygon, VeChain, Algorand, and Binance. However, the market downturn since November last year had suppressed the price. With these partnerships strengthening, ACH is poised to outperform the broader market on green days. Additionally, Alchemy Pay integrated with Binance Pay and Crypto.com Pay to become one of the payment partners facilitating real-world crypto payments — both in-store and online.
Fiat-Crypto Ramp Solutions
There is also excitement surrounding Alchemy Pay's crypto ramp payment solutions, which are now being widely integrated into Web3 and crypto platforms. These plugins provide a simple way to buy crypto using debit/credit cards, local mobile wallets, and bank transfers, onboarding users into blockchain gaming, NFTs, metaverses, SocialFi, and DeFi. Off-ramping facilities allow fund remittance to any Mastercard or Visa card worldwide and to bank accounts in over 50 local currencies.
Multi-Chain Token Availability
ACH is available as an ERC20 token on Ethereum and, since January, as a BEP20 token on Binance Smart Chain (now BNB Smart Chain).
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