The token of crypto payments company Alchemy Pay (ACH) has experienced a three-day rally, reaching its highest level since February 6. The rally coincided with a surge in trading volume, particularly on centralized exchanges like Binance, Bybit, and Coinbase. The increase in the token's price also corresponded with a sharp rise in futures open interest, indicating sustained demand in the futures market. The rally may be driven by speculation of potential partnerships and deals at the Consensus Hong Kong event, in which Alchemy Pay is participating. The company has established itself as a major player in the crypto payments industry, with partnerships involving Visa, Mastercard, Apple Pay, and Nuvei. The token's price is expected to continue rising, but there is a risk of a retreat if no significant announcements are made at the Consensus event.
Content Editor ( crypto.news )
- 2025-02-18
Here’s why Alchemy Pay’s ACH price is rising
