Alchemy Pay (ACH): Can It Rise to $1? This is the Analysis and Prediction

Bittime - Although Alchemy Pay Not included in the top 30 cryptocurrencies by market capitalization, the project nevertheless shows interesting investment potential. The future of ACH and Alchemy Pay will depend largely on the development of the network and whether its fundamental value is strong enough to overcome the challenges faced by all cryptocurrencies, such as volatility, regulation and intense competition.

Alchemy Pay (ACH) Price Prediction

These price predictions are not intended to be investment advice, but the analyst hopes this analysis can help you decide whether ACH is worth adding to your portfolio.

If you are looking for other ways to diversify your portfolio, please check out our list of top cryptocurrencies to invest in in 2023.

Read too What is Alchemy Pay (ACH)? Fiat and Crypto Global Economic Bridge

Alchemy Pay Price Prediction for Today, Tomorrow and the Next 30 Days

Alchemy Pay Historical Analysis

Based on the latest data, the current price of Alchemy Pay is $0.03, and ACH is ranked 263rd in the cryptocurrency ecosystem. Alchemy Pay circulation supply reaches $241,224,610.42, with a market capitalization of $7,686,340,282 BUT.

In the last 24 hours, this cryptocurrency has increased by $0.00050. Over the last seven days, ACH showed a good upward trend with an increase of 23.14%. Alchemy Pay is showing very strong potential recently, and this could be a good opportunity to invest.

ACH to IDR price via Market Bittime

In the past month, ACH prices increased by 12.39%, adding to the average $0.0039 at the current value. This sudden growth shows that this coin could become a solid asset if this positive trend continues.

Fundamental Analyst Alchemy Pay

In the world of crypto assets, fundamental analysis is rarely done. Most cryptocurrency prices are determined by extreme volatility and general trends in the market. However, the fundamental value of an asset can influence its average price — while this may not be of interest to day traders, it can be useful for long-term investors.

To analyze the fundamental value of ACH coin, let's take a closer look at what Alchemy Pay is. A utility token is only as good as the project it serves.

Read too How to Buy Alchemy Pay (ACH)

What is Alchemy Pay?

Alchemy Pay is a hybrid cryptocurrency payments platform that aims to be a bridge between the crypto and fiat worlds. The platform offers crypto and fiat payment gateways for C2B and B2B transactions, both online and offline. In short, Alchemy Pay allows investors to use their crypto coins for shopping both online and offline.

Alchemy Pay partnerships with Binance, Shopify and Gemini

Alchemy Pay has established impressive partnerships, operating in more than 70 countries and working with platforms such as Binance, Shopify and Gemini. However, it is worth noting that the crypto payment gateway market is quite saturated and competitive.

Alchemy Pay offers some features that many similar platforms don't, but the question is: Is it enough? 

The Importance of Marketing and PR in the Crypto Industry

In the crypto industry, marketing and PR are often more important than platform functionality, and many innovative projects fail simply due to lack of luck.

Nonetheless, analysts believe that Alchemy Pay has the potential to be successful. They are taking significant steps to promote mass adoption, not only by partnering with crypto companies but also with banks, merchant networks, and payment channels like PayPal. Additionally, Alchemy Pay's social media accounts appear to be well managed, indicating that they are not lacking when it comes to marketing.

ACH Token Fundamental Value

As an ERC-20 token, ACH is the native utility token of the Alchemy Pay network used to facilitate all operations on the platform. ACH tokens are assigned, collateralized, and paid out as fees for all transactions on the network.

The Alchemy Pay cryptocurrency has real value and is used to run a successful project, which continues to announce interesting partnerships. 

Read too Is Alchemy Pay (ACH) a Good Investment? Following are the predictions and developments

Because of this, many experts consider ACH to be an undervalued asset and believe that its fundamental value is higher than its current price of $0.04.

You can buy Alchemy Pay or exchange ACH with good rates and low fees on the Bittime exchange platform.

Alchemy Pay Price Projection

Alchemy Pay (ACH) Price After Coinbase Listing

The most striking thing about Alchemy Pay's price is how it has continued to decline since the spike caused by its listing on Coinbase. This could be a worrying sign: most cryptocurrencies that have real value tend to rise in their average prices over time.

In addition, the maximum and minimum prices that ACH can achieve also show a decrease. This suggests that instead of a correction, we may be witnessing a decline in interest from ACH investors.

Big News and Its Impact on Alchemy Pay

Big news can turn things around and change the current bearish trend. However, the news would have to be truly significant to not only cause a spike but also to initiate an increase in the average price of Alchemy Pay. 

At the moment, analysts don't think that's likely to happen anytime soon.

Although the average price of Alchemy Pay coins may experience a decline throughout the year, we may see a reversal of the bullish trend in December. ACH can even reach a maximum value of up to $0.08.

Can Alchemy Pay Hit $1?

If the average ACH price continues to decline at its current rate, we likely won't see the price of Alchemy Pay rise to $1 anytime soon — or even ever.

FAQ tentang Alchemy Pay (ACH)

1. What affects the price of Alchemy Pay (ACH)?

Alchemy Pay's price is influenced by various factors, including network development, the fundamental value of the project, as well as general cryptocurrency market conditions, such as volatility and competition. Additionally, strategic partnerships and technology adoption can also contribute to price changes.

2. Does Alchemy Pay have the potential to reach $1?

Currently, if the downward trend in ACH prices continues, it is unlikely that Alchemy Pay will reach $1 anytime soon. However, if the project manages to overcome the challenges and attract more users and investors, there is a possibility for price growth in the future.

3. What makes Alchemy Pay different from other crypto payment platforms?

Alchemy Pay serves as a bridge between the cryptocurrency and fiat worlds, offering a payment gateway for C2B and B2B transactions. With extensive partnerships in over 70 countries and support from major platforms such as Binance and Shopify, Alchemy Pay has the advantage of promoting mass adoption, despite the competitive crypto payments market.

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Also, visit the Bittime Blog for interesting updates and educational information about the crypto world. Find reliable articles about Web3, blockchain technology, and digital asset investment tips designed to enrich your crypto knowledge.

Reference

Steve Taylor, Alchemy Pay (ACH) Price Prediction, Accessed January 28, 2025

Author: IN