ANC Price Analysis April 2022

ANC is a token of platform Anchor Protocol. Its current price is around $2.75 by writing, with a low of $1.27, and has a market cap of 760 million dollars.

What is Anchor Protocol?

Anchor Network is a decentralized savings protocol that offers low-volatile yields with Terra tokens. In addition, the Anchor Network is powered by an ever-changing stream of staking rewards from primary Proof of Stake blockchains so that users can expect consistent earnings.

Its SDK can be integrated with just ten lines of code, and it will work with any service that handles balances. Anchor Savings Capital offers a complete suite of financial services to anyone in the world, with an emphasis on ease. They do not require a minimum deposit, have no account freezes, and have few signup requirements.

What is ANC?

ANC is the token of the Anchor Protocol platform, which is around $2.75 by the time of writing, with a low of $1.27. Its current ranking is #98 according to CoinMarketCap, with a market cap of 760 million dollars.

ANC reached a high of $6.42, with a low of $1.27. ANC is a native token of the platform Anchor Protocol that offers savings, lending, and borrowing built on the Terra Blockchain.

ANC Coin Market Analysis 

ANC has a max supply of 1,000,000,000 coins worth around $2.75 with a market volume of 86 million dollars, whereas the market capitalization is 760 million dollars at writing. 

ANC Price Prediction

ANC is one of the top-performing cryptocurrencies in 2022. As a result, experts believe that ANC could be an excellent long-term investment.

On the 1D timeframe, $ANC/USDT is trading in a downtrend, and its price action is facing out the resistance level whereas marked as the Horizontal Support Key Level.

Anc April 2022 Charts
ANC April 2022 Charts

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Pratyaksh