AMP Price Prediction 2023-2030. Will AMP Reach $1, $10?
Latest AMP Crypto Price
Article Coverage: Performance in the last 12 months, AMP Price Prediction Today, Is AMP Crypto a Good Investment, AMP Statistics, Latest AMP Video, Will AMP Reach $1, 50 Cents and $10? AMP Price Prediction 2023, 2025 and 2030.
Performance in the last 12 Months, June 9th
- Last 5 days: -14.4%, Underperformer*
- Last 1 month: -28.3%, Underperformer
- Last 6 months: -33.2%, Underperformer
- Last 1 year: -80.2%, Underperformer
*Vs Bitcoin, the leading payment cryptocurrency
AMP Latest News
- Ampera Foundation, a permissionless collateral protocol on Ethereum, recently attended crypto events in LA and Chicago. They connected with the local crypto community at LATechWeek meetup and the Ethereum Chicago meetup at the I’m Not Art gallery space.
- Ampera announced the Ampera Foundation, a completely impendent, not-for-profit organization dedicated to the development, growth, and improvement of the Amp ecosystem. It received the initial donation from Flexa, in $AMP.
AMP Coin Price Prediction for the Next 6 Hours
AMP Crypto Price for the Next few Hours will be in the range of 0.00180 and 0.00210
AMP Technical Analysis (June 9th, 2023)
- The moving averages indicate a strong sell signal with 0 buy and 12 sell indicators.
- Short-term moving averages, such as MA5, MA10, and MA20, are all suggesting a sell trend.
- Long-term moving averages, including MA50, MA100, and MA200, are also indicating a sell trend.
- Technical Indicators:
- RSI (14) is currently at 35.773, indicating a neutral signal. It suggests that the market is showing neither bullish nor bearish momentum.
- STOCHRSI (14) has a value of 84.507, indicating a neutral condition. It suggests that the market is in a neutral phase.
- MACD (12,26) is at -0.00007, indicating a buy signal. The MACD line is below the signal line, suggesting upward momentum.
- ADX (14) has a value of 34.586, indicating a neutral signal. It suggests that the market is not strongly trending.
- Williams %R is at -82.608, indicating an oversold condition. It suggests that the market is in heavily oversold territory.
- CCI (20) has a value of -64.066, indicating a neutral signal.
Thus, the overall trend for AMP appears to be Bearish.
AMP Coin Price Prediction Today
The Outlook Table is updated once in 12 hours at 9 EST and 1 GMT. Prediction remains table for 3-6 hours.
|Overall Outlook||Partially Bearish|
|1. Market's Wisdom||Partially Bearish|
|1a. Market Data||Neutral|
|1b. Technical Recommendation||Sell|
|2. Crowd's Wisdom||Neutral|
|2a. Social Media Buzz||Steady|
|2b. Social Media Sentiment||Neutral|
AMP Latest Video
AMP Price Prediction: Is AMP Crypto A Good Investment?
AMP crypto solves a simple problem. It acts as collateral during the period it takes to complete any crypto-based financial transaction. Unlike Credit Cards where payments are almost instant, crypto transactions can take minutes to hours depending on blockchain capacity and fees. AMP resolves the insecurity during the period the transaction gets confirmed.
AMP crypto is a collateral token that uses the staking method to offer securing of any type of asset users want to transfer, such as digital payments, fiat currency, loan distributions, and proceeds from property sales.
Flexa’s payment authorization is only made possible because of AMP tokens. On the Flexa network, users can stake AMP to provide collateral that guarantees payments to the merchants. In simple words, AMP crypto is used to reward those who provide collateral with AMP tokens for each payment transaction.
Is AMP Crypto A Good Investment: Advantages of AMP
Not just crypto, AMP can secure any type of asset users want to transfer, such as digital payments, fiat currency, loan distributions, and proceeds from property sales. The ecosystem of AMP is expanding. Its collateral services are used by crypto.com, Flexa, coinbase, Sushi, Uniswap, Gemini, etc.
One of the biggest advantages of investing in AMP is that it has a fixed supply that is around 100B. Currently, the circulating supply is around 42% of the total supply. With supply being fixed, no new AMP tokens will be created in the future, therefore, AMP token supply is sure to decrease, and in the future, if demand increases there are chances of demand outperforming supply which will, in turn, lead to AMP’s price rise.
AMP’s price deterioration began in June 2021 much before the rest of the Crypto market crashed. It may have to do with two factors. The strong competitors in this space
- Lightning Network
While Flexa (owner of AMP) has performed well, it hasn’t scaled up at the pace that would justify the super-high market cap of AMP in 2021. Further, it has multiple challenges ranging from strong competition and delisting in many exchanges in the US.
SEC categorized AMP as security leading to Binance delisting it from the US
The following four are the primary use cases of AMP crypto:
- AMP crypto can be used to trade with other cryptocurrencies or fiat currencies.
- AMP tokens are used to collateralize payments on Flexa Network.
- Users can stake AMP tokens to earn rewards.
- AMP tokens can be to participate in the governance of the platform by taking part in the voting mechanisms.
AMP Crypto Price Prediction: Evaluation of AMP Crypto
We evaluate the future of Tokens and Blockchains on 7 primary criteria – Use Cases, Differentiation, Execution, Leadership, Community, Macroeconomics, and Other factors like Burn. Here is how we have rated AMP Crypto
- Use Cases
- AMP Crypto has a good use case given the problem with payments using cryptocurrency. However, the Use case is very narrow and many consumers do not have the insecurity of payments not going through. We rate this 7/10
- Differentiating factors
- Unfortunately for AMP Crypto, it isn’t substantially differentiated from its lead competitors even if its method of execution is different. We rate this 4/10
- AMP Crypto has done a pretty good job of execution so far, we rate it 7/10
- Organization Leadership
- AMP Crypto leadership has been average given how the price has moved lower over the last few months and the leadership has literally not been able to do too much about it. We rate the leadership 4/10
- Strong Community
- AMP has not built or nurtured a strong community, we rate it 3/10
- FavorableMacroeconomic Conditions
- Numerous parallel crises at the moment could jeopardize an AMP move higher – The rise in crude prices, likely rise in inflation, and worsening of the economic crisis in Europe and China. There isn’t much that traders or investors can do about this. We rate it 4/10
- There is no active Burn program we are aware of. We rate this 1/10
- AMP Total Score-30/70
- Ethereum Total Score-47/70
AMP Crypto Price Prediction: Key Performance Metrics
Check out the AMP and Flexa data on Dune
- Total Number of Holders: 95,685
- Flexa Capacity TVL: $77.8 Million (TRENDING Lower)
- AMP Staked on Flexa has FALLEN from 23 $AMP to 21 $AMP in the last 30 days
Will AMP Reach $1 and by when Can AMP Reach $1?
To reach $1, AMP will have to rise 183 times. At $1, AMP’s Market cap would be $42 Billion. If AMP were to rise at the rate of 25%, it would take AMP 24 years to reach $1
Looking at all the data, it looks difficult for AMP to reach $1. AMP will need to burn about 75% of the Tokens to reach $1
AMP Crypto Price Prediction: Will AMP Reach 50 Cents?
While $1 looks very difficult, 50 Cents is moderately feasible. However, a burn of about 50% would make it very easy for AMP to reach 50 cents.
AMP price prediction: Will AMP Token reach $10?
AMP Price has been going down and currently, the price of 1 AMP is less than $0.10. Currently, there are over 42B AMP tokens. Now if there is no change in the number of AMP tokens, it will take 13 years for AMP to reach $10.
But if there is a 50% burn of AMP coins and the surge is 50% per year, by 2029 AMP Price will be over $10.
AMP Price Prediction: Can AMP Reach $1,000?
Considering the current market price of AMP, it seems highly unlikely for AMP to reach $1000. Here is the mathematical analysis for the same:
AMP token must grow by 303,030 times to reach a price level of $1,000.
Furthermore, it reached its all-time high price of $0.11 in June 2021, growing by 3.66 times in just one month (i.e., from the lowest price of $0.03 in May 2021).
Therefore, it will need a minimum of 82,795 months (more than 6,899 years) to reach a price point of $1,000.
Thus, we cannot expect AMP to reach $1,000 ever.
AMP Price Prediction 2023, 2025 and 2030
- AMP Price Prediction 2023 is $0.0062
- AMP Price Prediction 2025 is $0.0116
- AMP Price Prediction 2030 is $0.052
- AMP Crypto Price Prediction 2023 is $0.00243
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Will AMP Crypto Explode?
AMP crypto has lost more than 90% of its value in the past year. But AMP crypto is not the only cryptocurrency that is struggling, almost all the cryptos are trading lower this year.
However, for AMP to explode it will depend on the market condition as well as some positive news regarding AMP. As far as the data is concerned, inflation is expected to remain hot this year as well and CPI Index is also increasing. But, there is a slower increase in the CPI Index compared to the previous month, which might be a good thing for the crypto industry.
Thus, the price of AMP crypto will be certainly impacted by the market conditions of liquidity and inflation. Therefore, AMP might show some positive growth only if the economic conditions of the market ease up.
How high will AMP go?
The AMP crypto is currently priced at $0.0034 and is expected to reach as high as $0.02 by the end of 2025, meaning that AMP is expected to increase by 83% by then.
However, the major driving factors for AMP’s price will be the macroeconomic (including inflation) and liquidity conditions of the market. AMP crypto can be expected to rise once the market conditions turn out to be in the favor of cryptocurrencies.
Where Can I buy AMP crypto?
AMP cryptocurrency can be purchased on numerous CEXs and DEXs, such as Binance, Coinbase, KuCoin, Bittrex, Huobi, Gate.io, Uniswap, and Sushiswap.
Will AMP go up?
AMP’s future price is highly dependent on the macro and micro economic factors including liquidity, inflation and CPI Index.
Its price can be expected to go up if inflation and liquidity ease up, though, a slow increase in CPI Index is already turning out to be in AMP’s favor because its price has increased by almost 15% in the last 7 days.
How To Buy AMP Crypto?
The following are the steps to buy AMP crypto from a crypto exchange such as Binance, Coinbase, KuCoin, UniSwap etc:
- The first step is to create an account on the chosen exchange (such as Binance, Coinbase etc).
- The second step is to select the way you want to purchase AMP crypto i.e., using fiat or other cryptocurrencies.
- The third step requires trading the AMP from the website (of the crypto exchange chosen earlier).
- The last step includes the storage of AMP crypto either on the crypto exchange or crypto wallet.
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Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.