Coins: 10053 Exchanges: 946 Market Cap: $1,225,562,243,650 1.25% 24h Vol: $48,208,812,807.548 Dominance: BTC 46.65%, ETH 18.33%
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AnchorSwap price

AnchorSwap Price (ANCHOR)

$0.02725993

2.67%
Rank #1059

AnchorSwap Price Chart (ANCHOR/USD)

Last updated 22 Jun 2022, 09:10AM UTC. Currency in USD.

Markets
# Exchange Pair Price Spread Volume(24h) Trust
1 LATOKEN ANCHOR / USDT $0.00300067 0.01% $0

ANCHOR Price Statistics

$0
24H Range
$0
  • AnchorSwap Price Now $0
  • 24h Low / 24h High $0 / $0
  • Trading Volume $68,864
  • Market Cap Rank #1054
  • Market Cap $5,073,074
  • Volume / Market Cap 0.0136
  • All-Time High $0 -78.73%
    Dec 30, 2021
  • All-Time Low $0 151.19%
    Oct 11, 2021
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Welcome to AnchorSwap: The Future of Cryptocurrency


Introduction


AnchorSwap is a revolutionary cryptocurrency that aims to transform the way we conduct financial transactions. This cutting-edge digital currency brings simplicity, security, and efficiency to the world of online payments. With its unique features and user-friendly interface, AnchorSwap is set to revolutionize the cryptocurrency market.


The Concept Behind AnchorSwap


AnchorSwap is designed to provide users with a stable and predictable digital currency that can be used for a wide range of transactions. Unlike traditional cryptocurrencies that often experience extreme price volatility, AnchorSwap is anchored to real-world assets, ensuring price stability and making it a reliable medium of exchange. This stability is achieved through a smart contract-based mechanism that automatically adjusts the supply of AnchorSwap Tokens (AST) in response to market demand.


The Benefits of AnchorSwap


1. Price Stability: AnchorSwap's unique design ensures that the value of AST remains stable, making it ideal for day-to-day transactions and long-term investments.


2. Security: Built on a decentralized blockchain network, AnchorSwap provides enhanced security and privacy, protecting user information and funds from potential threats.


3. Efficiency: With AnchorSwap, transactions can be completed quickly and at a fraction of the cost associated with traditional banking systems. This makes it an attractive option for businesses and individuals alike.


How AnchorSwap Works


AnchorSwap operates on a decentralized network consisting of nodes that validate and record transactions on the blockchain. Transactions are verified and confirmed through complex cryptographic algorithms, ensuring transparency and immutability.


The supply of AST is dynamically adjusted based on market demand. When demand for AST exceeds its supply, more tokens are minted to meet the demand and stabilize the price. Conversely, when demand decreases, excess tokens are burned to prevent inflation.


Use Cases of AnchorSwap


AnchorSwap can be used in various scenarios, including:


- Retail purchases: Users can use AST to buy goods and services from participating merchants.


- Online remittances: AnchorSwap enables quick and cost-effective cross-border transactions, eliminating the need for intermediaries.


- Smart contracts: AST can be used as a medium of exchange within smart contracts, facilitating automated transactions.


Conclusion


With its stable price, enhanced security, and efficient transaction capabilities, AnchorSwap is poised to revolutionize the cryptocurrency world. Whether you're a business owner looking for a reliable payment solution or an individual seeking a secure and stable digital currency, AnchorSwap has something to offer. Join the future of cryptocurrency with AnchorSwap today!