Latest Alchemix news
DeFi loan platform Alchemix pauses alETH contract after bug
Alchemix, a protocol for providing loans that repay themselves over time, has paused one of its contracts due to a bug. The post DeFi loan platform Alchemix pauses alETH contract after bug appeared first on The Block.
Alchemix: a new (popular?) structure for DeFi lending
Quick Take Alchemix is a new lending protocol that allows users to borrow alUSD (a stablecoin) against DAI (and other stablecoins in the future) The alUSD supply has grown to 242 million and the protocol has a total of $882 million in locked collateral — driven heavily by ALCX incentives — since its February 2021 launch Alchemix is limited to only stablecoin denominated debt but offers users a new type of lending interaction without liquidations that some may prefer
- The highest Alchemix price prediction in 2021 is $566.35
- The lowest expected Alchemix price is $292.97
- Analysts' Alchemix price prediction ranges from $323.81 to $333.06
Alchemix is a DeFi lending platform built on the Ethereum blockchain. Loans on the platform repay themselves automatically over a certain period of time. Loans are backed up by synthetic tokens that make up your future yield value. Earned yield from your collateral is used for repaying your advance.
Read the latest Alchemix news
Alchemix Technical Analysis
- Cryptocurrency Name: Alchemix
- Ticker Symbol: ALCX
- ALCX Price: $384
- Market cap: $332,847,814
- All-time high: $2,066.20
- All-time low: $205.30
What is Alchemix?
Alchemix is a synthetic asset platform that lets users borrow instant loans while being rewarded with yields. Deposits made by community members are used as collateral. Alchemix uses its own stablecoin alUSD (collateral) and governance token ALCX. Newly created altokens provide DeFi protocols. The Alchemix platform focuses on yield instead of debt. The platform highlights a few important features:
- Transmutation Pool
- The Alchemix DAO Treasury
- Yield Farming
Alchemix Price Prediction: Analysts' Price Forecasts
Walletinvestor ALCX Price Prediction
Walletinvestor indicates that Alchemix has been in a strong bearish position recently, therefore it is not the best investment option at the moment. The ALCX price may fluctuate between $375.107 and $66.574 after one year (-82.252%). According to ALCX price prediction, the price could drop in the next few years.
Priceprediction.net ALCX Price Prediction
Priceprediction.net predicts a spike in ALCX price in the future. The expected price for December 2021 ranges between $292.97 and $333.06. In 2022 the ALCX price prediction shows a slight increase -- the price may hit the $555.36 mark. By 2024 the ALCX price is likely to surpass the $1000 level. The ALCX price prediction for 2025 shows steadily growing numbers. By 2030 the ALCX price could surpass $10,000 and hit a new all-time high of $11,902.86.
Gov.Capital ALCX Price Prediction
As of today, Gov.Capital data indicates that the ALCX price may go down to $0 next year. Thus the platform strongly recommends refraining from investing in ALCX or adding the coin to your portfolio. Gov.Capital makes predictions by comparing key variables such as volume, price, and market cycle changes of similar coins.
Digitalcoin ALCX Price Prediction
Based on the data gathered by Digitalcoin, the ALCX price will continue to increase in the future. ALCX has good growth potential. In 2021 the price may go up to $580.43. In 2022 it is going to increase up to $688.53. In 2024 ALXC could surpass the $1000 level. In 2025 the ALCX price is expected to reach $1,179.22. By 2028 the ALXC price may hit the $1,706.14 mark.
As far as we can tell, it is hard to predict whether the ALCX price will go up or down. Some experts base their ALCX price prediction on the previous positive patterns of the altcoin, while others suspect that there could be a sharp drop in value soon.
Check out the latest ARK price prediction from analysts
What is the expected ALXC price for 2021?
The altcoin could go up to $580.43 before the end of this year.
Is Alchemix a good investment?
Some experts believe that Alchemix is a good long-term investment, while others recommend refraining from investing in Alchemix at the moment.
What is ALCX?
Alchemix uses its own governance token $ALCX as part of its innovative DeFi protocol allowing investors to generate yield off of their collateral.
Is Alchemix audited?
Yes, Alchemix contracts have been Audited by CertiK.
Can you get liquidated on Alchemix?
No, there is no liquidation risk on Alchemix. Alchemix will not liquidate your deposits and once you've withdrawn your alUSD you can let your loan repay itself.
Where is Alchemix based?
The Alchemix HQ is based in Arizona.
Alchemix Price Prediction 2022
We have gathered the latest Alchemix price prediction results from some of the most reliable sources, namely Wallet Investor, Trading Beasts, and PricePrediction.net.
Trading Beasts has set the following targets for Alchemix in 2022: an average of $56.343, a maximum of $70.429, and a minimum of $47.892. Based on the provided data, purchasing Alchemix might be a good long-term investment.
Wallet Investor is prominent that Alchemix prices will fall, forecasting a potential bearish trend in 2022. According to the website algorithm, investors may be expecting an average of $3.353, with a potential maximum of $1.118, and a minimum of $2.235.
PricePrediction.net has come out with a negative price prediction for Alchemix: an average of $37.45, a maximum of $41.4, and a minimum of $36.3 is what holders could be anticipating in 2022.
Alchemix Price Prediction 2023
Similarly, Trading Beasts indicates an average of $74.959, a maximum of $93.699, and a minimum of $63.715 for Alchemix.
Based on the information provided by key indicators, PricePrediction.net believes that Alchemix prices could grow next year. The website forecasts the following prices for Alchemix: an average of $54.42, a maximum of $64.11, and a minimum of $52.92.
According to Wallet Investor, Alchemix prices are estimated to show negative downtrend signs in 2023, reaching an average of $7.335, with an expected maximum of $2.445, and a minimum of $4.89.
Alchemix Price Prediction 2024
Trading Beasts expects a continuous positive trend for Alchemix throughout 2024. The prices are likely to range between a maximum of $109.914 and a minimum of $74.742, with the average price reaching $87.931.
PricePrediction.net has set an average of $80.61, a maximum of $90.93 and a minimum of $78.44 for Alchemix in two years, therefore predicting value growth for the token.
As for 2024, Wallet Investor is bearish on Alchemix. Investors should watch out for a potential average of $6.638. The website also indicates a maximum of $2.213 and a minimum of $4.425 in two years.
Alchemix Price Prediction 2025
Trading Beasts is also indicating an increase in Alchemix prices, starting from the minimum of $83.273 and reaching as much as $122.461. The expected average price is $97.968.
Furthermore, PricePrediction.net is seemingly enthusiastic about Alchemix prices in 2024. The website forecasts that the price may go up to as much as $130.73. The expected average price is set at the $110.5 level, whereas the expected minimum price is $106.47.
In 2025 Wallet Investor views Alchemix negatively. According to the website algorithm, the expected average price is $5.156, with potential maximum and minimum prices reaching $3.437 and $1.719 respectively.
Alchemix Price Prediction 2030
Trading Beasts predicts that the bullish trend will remain strong for Alchemix in 2030. Investors could be expecting an average of $188.099. The maximum and minimum prices might hit $195.623 and $180.575 respectively.
Last but not least, based on the sentiment from PricePrediction.net, Alchemix prices will continue to grow in the long run, with the average price reaching the $729.59 level. The expected maximum price is $845.72 and the potential minimum is $704.72.
According to the long-term forecast from Wallet Investor, Alchemix has bad investment potential. The prices could reach $1.701 on average, whereas the maximum price could go up to as much as $1.906, and the minimum price could hit the $1.497 point.
Predicting crypto market is challenging. It is hard to forecast the exact price movement. Before you decide to invest in the cryptocurrency of your choice, we strongly recommend learning more about the coin itself and get familiar with the project's roadmap. Remember to always do your own research.
Is Alchemix a good investment?
According to the experts' forecasts, Alchemix will be a good investment.
Does Alchemix Have Potential?
The ALCX is already a quite popular cryptocurrency, gradually approaching the new highs on Coinmarketcap's market cap ranking. The project has developed strong partnerships with many giants of the cryptocurrency industry. Since Alchemix forecast is positive, It has potential.
How much will Alchemix be worth in 2022?
In 2022 the price of ALCX is expected to reach $41.4, based on the forecasting from various sources.
How much will Alchemix be worth in 2023?
In 2023 the price of ALCX is expected to reach $64.11, based on the forecasting from various sources.
How much will Alchemix be worth in 2024?
In 2024 the price of ALCX is expected to reach $90.93, based on the forecasting from various sources.
How much will Alchemix be worth in 2025?
In 2025 the price of ALCX is expected to reach $130.73, based on the forecasting from various sources.
How much will Alchemix be worth in 2030?
In 2030 the price of ALCX is expected to reach $845.72, based on the forecasting from various sources.