Alchemy Pay
About Alchemy Pay
The price of Alchemy Pay (ACHP) is $0.01797888 today, as of Sep 16 08:25 p.m., with a 24-hour trading volume of $16.35M. Over the last 24 hours, the price has decreased by -4.73%. Alchemy Pay currently has a circulating supply of 4.94B and a market cap of $88.88M.
ACH, the utility token that powers the Alchemy Pay network, sits " at the heart of the world's first hybrid crypto-fiat gatewayhttps://alchemypay.org/Tokenomics.html," the project’s website says. The platform offers a " crypto fiat interchangehttps://alchemypay.org/Payment.html" with other payment providers, including SolPay, WeChat Pay, PayPay, UnionPay, Alipay, Rakuten Pay, Visa, MasterCard, online developers, e-commerce platforms and shops and gateway providers.
The ACH token reached its all-time high price of 19.9 cents in July 2021 and has been mostly on a downslope ever since. Its market capitalization has never cracked $500 million.
The token is built using the Ethereum blockchain's ERC-20 standard, with the total supply capped at 10 billion.
Some 38% of the tokens went to stakeholders, including to the founding team, advisers and business partners. The other 62% was set aside as rewards for enterprises and consumers. Many of those tokens are being unlocked in equal portions every month. That process, which started seven months after the first tokens were released, is supposed to last 60 months.