The live price of Amp (AMP) today is 0.004939 USD, and with the current circulating supply of Amp at 42,227,702,186 AMP, its market capitalization stands at 208,543,128 USD. In the last 24 hours AMP price has moved ? USD or 0.00% while ? USD worth of AMP has been traded on various exchanges. The current valuation of AMP puts it at #269 in cryptocurrency rankings based on market capitalization.
Learn more about the Amp blockchain network and how it works or follow the price of its native cryptocurrency AMP and the broader market with our unique COIN360 cryptocurrency heatmap.
Amp (AMP) is a digital collateral token designed to facilitate fast and efficient value transfer, especially for use cases that prioritize security and irreversibility. As a project built on Ethereum, Amp offers a straightforward but versatile interface for verifiable collateralization through a system of collateral partitions and collateral managers. This unique aspect of Amp provides increased transparency and flexibility in asset transfer.
Amp operates on the Ethereum blockchain, utilizing its Proof-of-Stake (PoS) consensus mechanism. This mechanism allows for faster transaction times and increased scalability compared to traditional Proof-of-Work systems.
Amp is built on the Ethereum blockchain, leveraging its smart contract capabilities to create a system where collateral can be quickly and irreversibly secured and released.
Amp's partition strategy allows for vast scalability, enabling it to support a wide range of use cases.
By using collateral to secure transactions, Amp reduces the risk of asset transfer, providing enhanced security.
While Amp operates on a public blockchain, its design ensures that transaction details are only accessible to the parties involved.
Amp's decentralized nature ensures that no single entity has control over the network, promoting fairness and open access.
Amp is developed by Flexa, a team dedicated to bringing seamless digital asset spending to the mainstream. The project operates under a decentralized governance model.
Amp's primary use case is to secure transactions and decentralize the risk of asset transfer, potentially impacting industries such as finance and supply chain.
Amp can be purchased on various cryptocurrency exchanges, including Coinbase and Gemini.
Amp can be stored in any wallet that supports ERC-20 tokens, such as Metamask or Ledger.
Amp has partnered with various companies in the crypto space, including ConsenSys and Chainlink.
Amp's future plans include expanding its partnerships and further developing its protocol to support a wider range of assets.
Like all cryptocurrencies, Amp faces potential risks and challenges, including regulatory changes and market volatility.
Amp has a strong community of supporters and developers who contribute to its ongoing development and promotion.
Amp is committed to complying with all relevant regulations and works closely with legal experts to ensure its operations are lawful.
In conclusion, Amp is a unique and innovative project that aims to revolutionize asset transfer by providing a secure, scalable, and decentralized solution. Its strong development team, robust technology, and growing community make it a promising player in the crypto space.