Will Alchemy Pay Reach $1?

Alchemy Pay delivers two major benefits offering customers the flexibility to pay with either cryptocurrency or fiat currency and allowing merchants to receive payments in their local currency. This reduces the complexities and costs associated with cross-border transactions. Its ecosystem includes partners in merchant payment, developer community, user payment, and transaction service networks, addressing various issues in POS, payment apps, card payments, and crypto transactions. The platform aims to build a decentralized payment infrastructure based on trust and community consensus.

The Alchemy Pay cryptocurrency (ACH) facilitates transactions within the network and operates on the Ethereum blockchain. It allows merchants to access the network and offers a loyalty and rewards program to incentivize customer engagement. ACH token holders can participate in network governance through staking, which helps maintain the system’s security and efficiency. Additionally, staking tokens may provide holders with rewards or interest, enhancing the token’s utility within the ecosystem.

Alchemy-Pay Price Performance So Far

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Last 7 Days	+17.5%
Last 1 Month	-22.4%
Last 12 Months	-22.9%
Quality Of Investment	Poor

Alchemy Pay Analysis and Update

Alchemy Pay $ACH has struggled to climb back to its all-time high of $0.1975 which it managed to reach back in 2021. ACH is over 80% below its all-time high. The market cap is just over $200M (As of March 21st). An overall reversal in the ACH market trend could likely take its market cap to $1B. Alchemy Pay (ACH) is a moderately whale-dominated asset, with whales holding 62.55% of the supply, while others account for 37.45%. The majority of addresses (88.46%) hold between $0 and $1K worth of ACH, followed by 11.07% holding between $1K and $100K, and a small 0.47% owning over $100K, indicating a concentration of large holdings among a few entities. In terms of holders, ACH has over 55K holders, with the top 100 holding approximately 84% of the total supply.

• March 21st: Alchemy Pay has acquired an Electronic Financial Business registration in South Korea after investing in a local e-finance platform. Alchemy Pay invested an undisclosed amount into EZPG Co. In doing so, Alchemy Pay acquired EZPG’s Electronic Financial Business registration, which is governed by the country’s Electronic Financial Transactions Act.

Alchemy Pay – Buy or Sell Poll

• Feb 1st: -10%
• March 21st: +3%

Will Alchemy Pay Reach $1? Analysis

Yes, Alchemy Pay can reach $1 if 50% of the Tokens are destroyed.

To reach $1, ACH will need to rise 44x.
At $1, the target market cap will be approximately $8.85 billion.
If ACH were to rise at the pace of 25%, it will take approximately 18 years to reach $1.

Let us evaluate this data

• Quality of Investment– Poor
• Time and Growth required to reach $1– Not Feasible
• Market Cap at $1– Feasible

Considering the Quality of Investment, growth required, and time required, Alchemy Pay has a moderate chance of reaching $1.

Will Alchemy Pay Reach $10?

Yes, Alchemy Pay can reach $10 if 75% of the Tokens are destroyed.

To reach $10, ACH will need to rise 444x.
At $10, the target market cap will be approximately $88.52 billion.
If ACH were to rise at the pace of 25%, it will take approximately 28 years to reach $10.

Let us evaluate this data

• Quality of Investment– Poor
• Time and Growth required to reach $10– Not Feasible
• Market Cap at $10– Not Feasible

Considering the Quality of Investment, growth required, and time required, Alchemy Pay has little chance of reaching $10.

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Will Alchemy Pay Reach $1000?

To reach $1000, ACH will need to rise 44,444x.
At $1000, the target market cap will be approximately $8.85 trillion.
If ACH were to rise at the pace of 25%, it will take approximately 48 years to reach $1000.

Let us evaluate this data

• Quality of Investment– Poor
• Time and Growth required to reach $1000– Not Feasible
• Market Cap at $1000– Not Feasible

Considering the Quality of Investment, growth required, and time required, Alchemy Pay has no chance of reaching $1000.

Note: Please consult a registered investment advisor to guide your financial decisions.