What is Alchemix USD?

Alchemix is a DeFi protocol that allows for the creation of synthetic tokens that represent the future yield of a deposit. It enables users to retrieve near instant tokenized value against temporary* deposits of stablecoins.

How does alchemix make money?

Alchemix relies on platform participants to contribute to its liquidity pools and staking pools in order to facilitate its lending mechanism. These pools also present an opportunity for users to generate further yield on their synthetic assets like alUSD.

What does alchemix crypto do?

Alchemix (ALCX): DeFi Lending with Autopay. Alchemix is an Ethereum-based decentralized finance (DeFi) lending platform upon which loans automatically pay themselves back over time.

Is ALCX crypto a good investment?

Is Alchemix a good investment? Alchemix proved to be one of the most talked about coins in the crypto space this past year. With this in mind, it is wise to say that ALCX is a good choice of investment.

Who owns Alchemix crypto?

Scoopy Trooples

Is Alchemix a good buy?

According to our technical indicators, the current sentiment is Neutral while the Fear & Greed Index is showing 45 (Fear). Alchemix recorded 19/30 (63%) green days with 4.71% price volatility over the last 30 days. Based on our Alchemix forecast, it’s now a good time to buy Alchemix.

Why has alchemix dropped?

Alchemix Drops on Failed Insider Trading Yield tokenization protocol Alchemix dropped over 15% on Monday following the fallout from a case of suspected insider trading. At 12 pm EST, Coinbase announced through a blog post that it would be listing the crypto payment gateway Alchemy Pay (ACH) on Coinbase Pro.

What is the future of a ALCX?

There is a slight bearish sentiment in the crypto market. The long term sentiment, however, remains bullish and ALCX could hit $321.24 in 2024. The total circulating supply of Alchemix as of writing this article was $1698188.75 and the marketcap of ALCX remains at $36,704,917.

Alchemix Crypto Review – Initial Look and Testing Out Alchemix.Fi | ALCX, alUSD

How much will alchemix cost in 2030?

According to the Alchemix Price Prediction model above, ALCX’s price in February 2030 would be $1148.49.

What is ALCX all time high?

Alchemix Price Summaries Alchemix’s price today is US$21.32, with a 24-hour trading volume of $11.14 M. ALCX is -1.83% in the last 24 hours. It is currently -10.06% from its 7-day all-time high of $23.70, and 11.84% from its 7-day all-time low of $19.06.

Is alchemix built on Ethereum?

Alchemix is a DeFi application built on the Ethereum network that provides instant loans that can repay themselves over time.

How many ALCX coins are there?

ALCX has a circulating supply of 1.70M coins and a max supply of 2.42M ALCX.

Who is the CEO of Alchemix coin?

Here’s Alchemix founder Scoopy Trouples on how that works.

Why did Alchemix go up?

Alchemix price history At this time, the cryptocurrency market was going through a notable sustained, boom , as Covid stimulus cheques found their way from American investors into the crypto sphere. The ALCX token was able to cash in on the growing market and its price shot up quickly, topping $1,000 in early March.

What is the all time high for alchemix?

The current price is $21.38 per ALCX. Alchemix is 99.81% below the all time high of $11,060.63. The current circulating supply is 1,696,449.725 ALCX.