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Flexa AMP cryptocurrency hits new highs on Coinbase listing — Up 1,700% in 2021

June 17, 2021. Summarized by summa-bot.

Compression ratio: 47.5%. 1 min read.

Altcoin AMP from crypto payment firm Flexa has hit new record highs thanks to Coinbase.

The in-house token of cryptocurrency payments app Flexa, AMP, has hit new all-time highs after being listed on major exchange Coinbase.

Flexa, which describes itself as the “first ever digital currency payment option for brick-and-mortar retail,” aims to offer a blanket solution for cryptocurrency acceptance and spending.

When the latter announced that it would expand its payment features to all Facebook and Google merchants this week, AMP cemented its ongoing bull run, jumping 25% in the past 24 hours alone as exchange Coinbase launched trading.

In late May, U. S. food and retail chain Sheetz confirmed that it would begin accepting Bitcoin (BTC) payments using Flexa’s services.

“Since launching Flexa just over two years ago as the first ever digital currency payment option for brick-and-mortar retail, we’ve scaled to support more than 41,000 merchant locations across the US,” Tyler Spalding, co-founder and CEO of Flexa, commented last month.

Overall, the picture for alts was mixed on the day, amid a cool-off for Bitcoin and larger market cap tokens including Ethereum (ETH).

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by summa-bot

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