Amp has made significant gains of around 66% over the past two weeks.
Amp offers „Assets like BTC with instant, verifiable security for any real-world application.“
The project has experienced a significant 1,495% increase in trading liquidity over the past 24 hours, leading to a trend for the project on CoinMarketCap as more and more traders become interested in buying the coin.
In addition, AMP was able to increase its ranking on CoinMarketCap to 41st place, which shows the strength of its market capitalization, which currently stands at over $3 million.
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Is AMP worth buying at the moment?
AMP’s use case provides additional liquidity for traders looking to secure other assets such as Bitcoin, Tezos, Alogrand, Dash, Litecoin, US Dollar Coin and many more.
Due to the massive increase in trading volume, analysts will closely monitor the coin to see how it could develop further.
AMP also allows users to stake their coins to earn rewards. Sometimes these rewards can be greater than the interest rates currently offered by banks, so this is worth considering if you own assets that you plan to sell at a later date in the future.
Users can then send their staked coins as collateralized transfers across pools, reducing the risk of interrupted or attacked transaction attempts.
