The AMP team also mentioned that вЂњAMP tokens used as collateral are generally released when consensus for a particular transfer is achieved, making them available to collateralize another transfer.вЂќ Because of this, in any event, where the consensus is not achieved for the transfer, the losses will be covered by the liquidated AMP.ДЄt the moment, AMP is listed in many prominent exchanges. As blockchain confirmation is a process that can take potentially a very long time, AmpвЂ™s value proposition proves useful. With this, AMP insures the value of any transfer while it remains unconfirmed. At press time, the token has a market capitalization of $3,529,299,131.ДЄMP dubs itself as a вЂњdigital collateral token.вЂќ According to their website, AMP is вЂњdesigned to facilitate fast and efficient value transfer.вЂќ They underscored that AMP can especially be applied to use cases that prioritize security and irreversibility.

On June 11, 2021, the token shot up by 20 percent, taking the rank 31 spot in coin information site CoinMarketCap. At the time of writing, AMP is now rank 31 in coin information website CoinMarketCapДЄMP token recently hit a new ATH a few days ago.

The token now has a market capitalization of $3,529,299,131.AMP recently shot up by 20% and reached a new all-time high on June 11, 2021.

Amp coin coinmarketcap