Alchemy Pay Price Surge
- Alchemy Pay price surged by more than 10% today.
- The ACH token has been on a price rally since last week.
Even though the overall crypto market is continuing its underperformance, some cryptocurrencies are experiencing price surges. One of the notable cryptocurrencies among them is Alchemy Pay’s ACH token. Its price increased by more than 40% this week after dropping from its previous highs recorded at the beginning of February.
Current Pricing
ACH Token is trading at $0.03613 at press time, with over a 10% rise today. The staggering increase in its 24-hour trading volume of around 50% is the major driving force behind its current price surge. Its market capitalization increased by around 9% and is currently above the $315 million mark.
Price Performance
ACH token price witnessed monthly, weekly, and daily price rises of 10%, 40%, and 62% respectively. While the broader crypto market is struggling to reach its previous gains, Alchemy Pay’s price is on a relentless price rally.
Digital Currency Exchange Provider in Australia
Despite the slowdown in the bull run narrative, crypto projects that are building real value are showing significant growth. Alchemy Pay recently obtained Digital Currency Exchange Provider approval in Australia, thus receiving the green light for offering seamless fiat-to-crypto payment services in this market.
Open Interest Rate
Alchemy Pay is also leading with its Open Interest rate. According to CoinGlass data, its OI rate skyrocketed by the end of January 2025. After dropping last week, it again rose to $67.58 million. The increase in trading volume, combined with the rise in Open Interest rates, are boosting the market price of the ACH token.
Price surges of specific crypto tokens amidst a dull market environment reflect the project’s commitment to thrive and provide real-time value to users. Alchemy Pay’s ACH price could witness further increases when the anticipated bull run returns.
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