The cryptocurrency AMP has seen a significant rally, with its price rising 62% in the last 24 hours. This surge has been driven by whales accumulating the altcoin, as indicated by on-chain metrics. AMP reached a high of $0.0133, marking a jump of over 330% from its lowest point this year. Its market cap also surpassed $1 billion for the first time in 29 months. The rally in AMP coincided with a surge in daily trading volume and increased retail interest. The three primary catalysts behind this rally are the broader rally in the altcoin market, the integration of AMP with the Zcash wallet app 'Zashi' by Flexa, and a surge in whale activity. Technical analysis indicators also suggest that the rally has momentum and could continue. Analysts project that AMP could potentially climb to $0.07048—a potential increase of over 470% from its current price.



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