$ACH

What affects the price of Alchemy Pay?

There are a number of variables in the cryptocurrency market that can affect the price of Alchemy Pay up or down. The main force behind the market value of Alchemy Pay assets is supply and demand. Whether the demand for more ACH increases or decreases largely depends on the increasing adoption.

Furthermore, important events such as protocol updates or hard forks can play a major role in the price of Alchemy Pay.

Another important factor to consider is the activity of whales. Large holders of Alchemy Pay can greatly influence the price of the coin as a large sell order can cause the price to drop significantly. Additionally, never underestimate the power of large institutions and political organizations adopting the value of Alchemy Pay.