{"id":520700,"date":"2023-02-23T12:17:26","date_gmt":"2023-02-23T12:17:26","guid":{"rendered":"https:\/\/wncen.com\/?p=520700"},"modified":"2023-02-23T12:21:23","modified_gmt":"2023-02-23T12:21:23","slug":"this-little-known-altcoin-shoots-up-180-in-single-week-after-disclosing-series-of-updates","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/this-little-known-altcoin-shoots-up-180-in-single-week-after-disclosing-series-of-updates\/","title":{"rendered":"This Little-Known Altcoin Shoots Up 180% In Single Week After Series Of Updates"},"content":{"rendered":"

The price of little-known altcoin Alchemy Pay (ACH)<\/a> continues to defy expectations as it grows into one of the best-performing cryptocurrencies. ACH was trading at $0.0498 at the time of writing, an increase of 181% in the previous week, data from Coingecko shows.<\/p>\n

Currently, the price of one coin is higher than it has been since April of 2022. It has been one of the best tokens, having increased by more than 400% from its December low.<\/p>\n

Related Reading: As Chainlink Adoption Grows, Will It Strengthen LINK Price?<\/a><\/div>\n

\"\"<\/h2>\n

Alchemy: Bullish Momentum For The Altcoin<\/strong><\/h2>\n

ACH has quadrupled in price in less than a week. ACH saw a 200% gain from its seven-day low of $0.0160 to its current price. Since then, the asset has retraced and is trading at $0.0498.<\/a><\/p>\n

The market capitalization and trading volume of the Alchemy Pay coin have increased by 63.40% and 202.02%, respectively, over the past 24 hours, based on the latest data.<\/p>\n

ACH is the native cryptocurrency of the Alchemy Pay platform, which is a global cryptocurrency payment gateway that allows merchants to accept payments in various cryptocurrencies, including Bitcoin, Ethereum, and Litecoin.<\/p>\n

The altcoin serves as a utility token that powers the platform’s payment network, enabling instant and secure cross-border transactions without the need for traditional financial intermediaries.<\/p>\n

\"\"Image: Currency.com<\/pre>\n
On FOMO And Major Integrations<\/strong><\/h2>\n
Alchemy’s native coin is surging mostly due to bullish sentiment and the fact that many investors have adopted FOMO, or fear of missing out. FOMO has strengthened once Visa, the world’s largest financial services corporation, recognized it as a payment provider.<\/p>\n
Alchemy, the industry’s premier fiat-to-cryptocurrency payment gateway, has partnered with other companies, not just Visa. On Monday, the company announced its support for Google Pay, enabling Android phone users to buy cryptocurrencies directly with credit cards.<\/p>\n
The increase in ACH price is related to Alchemy’s decision to broaden its mobile wallet market reach by adding support for Google Pay,<\/a> according to a release made on February 20.<\/p>\n
Alchemy Pay had previously added support for Apple Pay, so the addition of Google Pay will let iOS and Android customers to acquire cryptocurrency via the app using their credit cards.<\/p>\n
Alchemy is also forming a cooperation with Binance, the largest cryptocurrency exchange by trading volume in the world. Binance has announced the implementation of perpetual contracts with up to 20x leverage on the ACH platform.<\/p>\n
The profitability of cryptocurrencies such as Bitcoin and Ethereum has resulted in industry influx. Yet as regulatory concerns persist, companies like Coinbase and Binance have witnessed billions in inflows this year.<\/p>\n
<\/p>\n
Crypto total market cap at $1 trillion on the daily chart | Chart: TradingView.com<\/a><\/pre>\n
Related Reading: As Chainlink Adoption Grows, Will It Strengthen LINK Price?<\/a><\/div>\n
Crypto Adoption Grows<\/strong><\/h3>\n
Consensus holds that Alchemy Pay will profit as more people begin or continue to pay with cryptocurrencies, as the number of crypto holders grows. In addition, it will profit as demand for its on-ramp services recovers strongly.<\/p>\n
Meanwhile, Alchemy stated that it will transition from a centralized authority to a committee-based approach.<\/p>\n
\u201cAs of January 1st, 2023, Alchemy Pay has transitioned from a centralized management system to a committee-based management system. Following a successful trial period, this change is now official and is hereby announced,” Alchemy said.<\/strong><\/p><\/blockquote>\n
-Featured image from Coinlib<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"
The price of little-known altcoin Alchemy Pay (ACH) continues to defy expectations as it grows into one of the best-performing cryptocurrencies. ACH was trading at $0.0498 at the time of writing, an increase of 181% in the previous week, data from Coingecko shows. Currently, the price of one coin is higher than it has been since April of 2022. It has been one of the best tokens, having increased by more than 400% from its December low. Related Reading: As Chainlink Adoption Grows, Will It Strengthen LINK Price? Alchemy: Bullish Momentum For The Altcoin ACH has quadrupled in price in less than a week. ACH saw a 200% gain from its seven-day low of $0.0160 to its current price. Since then, the asset has retraced and is trading at $0.0498. The market capitalization and trading volume of the Alchemy Pay coin have increased by 63.40% and 202.02%, respectively, over the past 24 hours, based on the latest data. ACH is the native cryptocurrency of the Alchemy Pay platform, which is a global cryptocurrency payment gateway that allows merchants to accept payments in various cryptocurrencies, including Bitcoin, Ethereum, and Litecoin. The altcoin serves as a utility token that powers the platform’s payment network, enabling instant and secure cross-border transactions without the need for traditional financial intermediaries. Image: Currency.com On FOMO And Major Integrations Alchemy’s native coin is surging mostly due to bullish sentiment and the fact that many investors have adopted FOMO, or fear of missing out. FOMO has strengthened once Visa, the world’s largest financial services corporation, recognized it as a payment provider. Alchemy, the industry’s premier fiat-to-cryptocurrency payment gateway, has partnered with other companies, not just Visa. On Monday, the company announced its support for Google Pay, enabling Android phone users to buy cryptocurrencies directly with credit cards. The increase in ACH price is related to Alchemy’s decision to broaden its mobile wallet market reach by adding support for Google Pay, according to a release made on February 20. Alchemy Pay had previously added support for Apple Pay, so the addition of Google Pay will let iOS and Android customers to acquire cryptocurrency via the app using their credit cards. Alchemy is also forming a cooperation with Binance, the largest cryptocurrency exchange by trading volume in the world. Binance has announced the implementation of perpetual contracts with up to 20x leverage on the ACH platform. The profitability of cryptocurrencies such as Bitcoin and Ethereum has resulted in industry influx. Yet as regulatory concerns persist, companies like Coinbase and Binance have witnessed billions in inflows this year. Crypto total market cap at $1 trillion on the daily chart | Chart: TradingView.com Related Reading: As Chainlink Adoption Grows, Will It Strengthen LINK Price? Crypto Adoption Grows Consensus holds that Alchemy Pay will profit as more people begin or continue to pay with cryptocurrencies, as the number of crypto holders grows. In addition, it will profit as demand for its on-ramp services recovers strongly. Meanwhile, Alchemy stated that it will transition from a centralized authority to a committee-based approach. \u201cAs of January 1st, 2023, Alchemy Pay has transitioned from a centralized management system to a committee-based management system. Following a successful trial period, this change is now official and is hereby announced,” Alchemy said. -Featured image from Coinlib<\/p>\n","protected":false},"author":557,"featured_media":520722,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[61,87900,134,6664],"class_list":["post-520700","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-ach","tag-alchemy-pay","tag-altcoin","tag-crypto"],"acf":[],"yoast_head":"\nThis Little-Known Altcoin Shoots Up 180% In Single Week<\/title>\n<meta name=\"description\" content=\"The price of little-known altcoin Alchemy Pay (ACH) continues to defy expectations as it grows into one of the best-performing cryptocurrencies. 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/wncen.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"This Little-Known Altcoin Shoots Up 180% In Single Week After Series Of Updates","url":"http:\/\/wncen.com\/news\/this-little-known-altcoin-shoots-up-180-in-single-week-after-disclosing-series-of-updates\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/this-little-known-altcoin-shoots-up-180-in-single-week-after-disclosing-series-of-updates\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/02\/a-44.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/02\/a-44.png?fit=721%2C409"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["ach","alchemy pay","altcoin","crypto"],"dateCreated":"2023-02-23T12:17:26Z","datePublished":"2023-02-23T12:17:26Z","dateModified":"2023-02-23T12:21:23Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"This Little-Known Altcoin Shoots Up 180% In Single Week After Series Of Updates\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/this-little-known-altcoin-shoots-up-180-in-single-week-after-disclosing-series-of-updates\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/this-little-known-altcoin-shoots-up-180-in-single-week-after-disclosing-series-of-updates\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/02\\\/a-44.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/02\\\/a-44.png?fit=721%2C409\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"ach\",\"alchemy pay\",\"altcoin\",\"crypto\"],\"dateCreated\":\"2023-02-23T12:17:26Z\",\"datePublished\":\"2023-02-23T12:17:26Z\",\"dateModified\":\"2023-02-23T12:21:23Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/02\/a-44.png?fit=721%2C409","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/520700"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=520700"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/520700\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/520722"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=520700"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=520700"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=520700"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}