A low-cap altcoin is having an incredible week, surging 5,900% in just seven days on the heels of two key catalysts.
Alchemy Pay (ACH) skyrocketed from a low of $0.003 to a high of $0.18 in seven days, representing just under 6,000% gains for holders who were able to ride the rally from trough to peak.
[adinserter block="1"]Alchemy Pay is a hybrid crypto and fiat payment gateway that operates in 65 countries. Users have the option to receive payments in their preferred local currency regardless of the sender’s payment method and currency.
The project also powers crypto and fiat transactions for businesses, merchant networks and financial institutions.
The coin previously surged by roughly 70% in 24 hours following the news that it had been listed on crypto exchange Coinbase Pro last week.
Another top crypto exchange, Binance, is partnering with Alchemy Pay to streamline client and merchant payment services across fiat and digital currency systems. The partnership aims to build a payment bridge on Binance Pay, the exchange’s user-to-user cryptocurrency payment feature on the Binance app.
At time of writing, ACH hosts over $685 million in 24-hour trading volume and has a current valuation of $168.12 million. The crypto asset has retraced since posting its seven-day high, and is now trading at $0.09.
Follow us on X, Facebook and TelegramDon't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
[adinserter block="1"]
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured Image: Shutterstock/Art Furnace
