About AMP

Global investment bank TD Cowen has predicted a slowdown in the advancement of cryptocurrency legislation, even as presidential candidates Donald Trump and Kamala Harris try to court supporters of the asset class through their election campaigns. What Happened: In a note released on Monday, TD Cowen stated that definitive legislation is unlikely to progress before the end of 2024, according to a report by The Block.

Story Highlights The current price on AMP coin is . AMP price could reach a high of $0.00493 by the end of 2024. With a potential surge, the price of Amp could reach a maximum of $0.01524 by 2030. The dimension of DeFis welcomed a new stout project to its league in the year 2020.

AMP has formed an ascending channel with higher highs and lower lows since 5th August.

As the crypto market has displayed a bullish start to the year, the Amp price displayed a surge of approximately 550% during the first quarter. However, with the market losing momentum, this altcoin followed in its footsteps by recording a similar price action.

Key Takeaways Amp seeks to enable users to stake tokens without having to transfer them to a smart contract physically. This function makes Amp suitable for any form of value exchange, including digital payments, traditional currency exchange, loan distributions, real estate transactions, and more.

While not all cryptocurrencies are equally risky, these are three cryptos to avoid as the SEC and CFTC crack down on exchanges this year.