The AMP token is a collateral token offering verifiable assurance for any real world applications.
More so, AMP assists users to decentralize risk with smart contract features for collateral.
Also, The AMP platform permits users to stake their coins to earn rewards, then assists collateralize a variety of assets. Furthermore, AMP’s open source code is for anyone to deploy their very own custom collateral manager to interface with the AMP network.
Currently, AMP is spiking up and this is in relation to Binance announcing the token’s listing on their platform.
Of course, this is a common result for a coin’s price to pump after a Binance listing announcement.
Currently, AMP is trading at $0.072, indicating a 46% increase in the past 24 hours. More so, its 24 hour trading volume is at $87 million, with greater percentage from Coinbase exchange but is now picking up on Binance.US.
Lastly, it has a market cap of $3 billion.
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