Alchemix (ALCX) has been making significant noise in the market. Its dynamic price shifts have roused fear and greed among investors. The DeFi lender recently approved an ALCX token buyback plan, a move often seen as a way of invigorating confidence in the market. However, Binance's decision to remove ALCX from its BUSD trading pairs has provoked mixed reactions. Despite this, the potential of Alchemix's self-paying loans and its DeFi 2.0 approach has generated a lot of interest. Amidst all this, allegations of insider trading have sent shockwaves through the ALCX market. Notwithstanding the controversy, ALCX remains a key player in the thriving DeFi ecosystem. The potential of the ALCX token is undisputed, notwithstanding a recent suspension of trading on 41 non-USD pairs by Coinbase. Professional assessments of Alchemix seem to agree, with a $4.9 million fund raise spearheaded by CMS, Alameda and e-Girl Capital. Alchemix offers a unique financial service that allows its users to borrow against future earnings, thus the brand's growth potential cannot be denied.
ALCX Coin News Analytics from Sat, 27 Feb 2021 07:33:39 GMT to Wed, 17 Jan 2024 08:00:00 GMT -
Rating 6
- Innovation 4
- Information 8
- Rumor -3
