What is ACH coin and why did ACH pump in February 2023? Even more, we’ll review the charts to consider will it go even higher from here?
Alchemy Pay (ACH token) is a payment solutions provider that seamlessly connects fiat and crypto economies.
While it is a layer 2 ERC20 token on the Ethereum blockchain – if the project is in a unique position to overcome long-standing barriers and drive mainstream adoption of crypto…
Well then, I want to have a bit of it!
The Pro Alert Signal was published on January 21, and is highlighted in the live view of our Best AltSeason Alert Signals Spreadsheet.
Now in just over a month of time, ACH is one of the top performing altcoins of 2023 so far!
Alchemy Pay’s native token, ACH, experienced a significant pump in February, leaving many investors wondering what the driving force behind this sudden surge in value was.
To understand this huge pump, let’s examine some factors that may have contributed to the token’s value increase.
One of the significant factors that propelled ACH’s price upward was Alchemy Pay’s unique position in the market has given it an edge over other payment solutions providers.
The company’s platform allows users to convert their fiat currency to cryptocurrency and make seamless transactions with merchants who accept cryptocurrency payments.
Current ACH/BTC Price Chart
This innovative interface between blockchain and fiat systems may be a solution has the potential to drive mainstream adoption of cryptocurrency by making it more accessible to the average consumer.
A Massive Trend Unfolds
To understand the significance of this demographic trend, it’s helpful to compare it to the adoption rates of other disruptive technologies. For instance, the radio took approximately 38 years to reach 50 million users, while television took only 13 years to achieve the same feat. In contrast, Bitcoin has reached the same milestone in just 12 years, highlighting the unprecedented speed at which cryptocurrency is being adopted.
But things may be about to accelerate even more!
The integration of crypto blockchain technology and DeFi protocols with existing software has the potential to significantly accelerate the cycle of adoption.
The cycle to reach 50 million users may now take just months.
By integrating these technologies into existing apps and software, users and business can seamlessly transition into the world of cryptocurrency without needing to change their behavior or download new apps.
The significant advantages of blockchain networks enable users and business to monetize their content and create new revenue streams without having to switch to a new platform.
No understanding of cryptocurrency technology will be required, as users are already familiar with the software and can easily integrate crypto-based features.
New DeFi protocols will enable users to access financial services that were previously unavailable to them, creating a network effect of crypto integration.
When to buy ACH Token
Select AltSeason market signals in early 2023 have been making some big gains in February like this 100+% result from our trade alert for the ACH/BTC pair.
If you’re interested in getting a little stake in the potential future of ACH token… before you purchase ACH tokens from a cryptocurrency exchange, such as Binance or BitGet – get familiar with the common cycle of altcoin seasons.
What Is AltSeason, Step By Step
Recalling that 80% of new traders lose money, we need to start better prepared than those people. We need a specific plan so we can identify in advance which altcoins are most likely to experience rapid price growth.
- Learn about Bitcoin Dominance and more:
AltSeason Explained, Step By Step - AND – before we START – we need to know and practice our protection plan over and over again so we use it like a habit.
ACH/BTC is one of the 300+ tokens that we cover in the 5 Star Rated Crypto SmartWatch model portfolio tracker.
A trading plan that you understand from entry to exit, is all you need to successfully make profit crypto trading the altcoin seasons.
Check out our powerful Altseason Tradingview Indicator and tips on how to teach yourself crypto trading.
Check out more details about Alchemy Pay and ACH token on CoinMarketcap.
In conclusion, the integration of crypto blockchain technology and Alchemy Pay’s native token, ACH, with existing software has the potential to significantly accelerate the cycle of adoption.
