DYOR using the example of Alchemy Pay (ACH)

DYOR on the Example of ALCHEMY PAY (ACH)

We present one of the options for analyzing altcoins for investments, which will allow you to minimize your losses and risks.

1) Technology and Market Segment

Product:

Alchemy pay (ACH) – a decentralized blockchain platform that serves as a payment system. The restrictions imposed on cryptocurrencies in the financial sector are addressed by ACH, providing fast and secure transactions.

Today, the project supports over 170 countries. Additionally, there are over 50 exchange options and 300 payment channels, supporting all cryptocurrency pairs.

Industry – Payment and Blockchain Service (Fig. 1)

Fig. 1 - "ACH Industry"

2) Stakeholders

Through mass wallet analysis by ArbitrageScanner, 10 wallets holding ~ 958M ACH or almost 10% of the maximum issuance have been identified.

Fig. 2 - "ACH Holders according to mass wallet analysis by ArbitrageScanner"

In Fig. 2, we see that a small number of wallets control a significant amount of coins. Moreover, if we analyze the recent transactions, for example, of the third and fourth wallets, we will find that the coins were withdrawn from exchanges, with the same date and time - Fig. 3.

Fig. 3 - "Comparison of transactions from two wallets by ArbitrageScanner"