Alchemix is a DeFi lending protocol that recently raised $4.9M and offers loans that repay themselves through the yield earned from the deposit. By depositing funds, users can take out a loan of up to 50% of the deposit’s value, which earns interest over time and automatically pays off the loan. This feature allows users to take an advance on their future earnings, without having to sell their crypto. Additionally, users can stake their loan in the Alchemix ecosystem to earn additional yield. Alchemix also allows users to pay off their loan anytime using their collateral.
Alchemix Current Price
Current price of Alchemix (ALCX) is 20.9, %6.44 down d/d. Current market cap of ALCX is $35.961.117, ranked 475th according to Coinmarketcap. 24H trading volume is $3.347.589.
Alchemix Price Prediction for 2023
Indicators suggest that the cryptocurrency market is poised for a new era, with expectations that ALCX’s value will rise significantly in the long run as there is optimism about increased attention. ALCX’s price is predicted to reach an average of $31.32 with a minimum value of $30.41 by the end of 2023, while the maximum trading price is anticipated to be around $35.36.
Alchemix Price Prediction for 2025
The value of Alchemix is expected to increase due to the efforts of its developers and community investors, resulting in a bullish price prediction for 2025. Analysts predict that ALCX could reach a maximum price of $77.25 by the end of 2025, and the future growth of Alchemix is highly optimistic. Depending on the market, the predicted average price of ALCX is expected to be between $65.55 and $67.39 in 2025. The maximum price range for ALCX in 2025 is between $65.55 and $77.25.
ALCX Price Prediction for 2030
Alchemix has significant potential for growth, particularly if new collaborations and innovations increase its user base and adoption. With increased investment in Alchemix, the price could rise even higher, potentially reaching a maximum value of $501.49 by 2030. If the market experiences a downturn, there may be a slight turnaround for Alchemix. The projected average trading price for Alchemix in 2030 is $432.18, with a low of $420.09 and a high of $501.19.