Price
$0.0896
12/9/2022, 7:31:38 PM
diamondHands

Buy Alpha Finance Lab with Coinbase Wallet

Alpha Finance Lab can be traded using Coinbase Wallet, your key to the world of crypto.

Market

Market stats

Market cap

$67.3M

Volume (24h)

$4.7M

Circulating supply

750.0M ALPHA

All time high

$2.92

Price change (1h)

-0.09%

Price change (24h)

+1.53%

Price change (7d)

-1.96%

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Alpha Finance Lab is on the decline this week.

The price of Alpha Finance Lab has fallen by 1.96% in the past 7 days. The price increased by 1.53% in the last 24 hours. In just the past hour, the price shrunk by 0.09%. The current price is $0.0896 per ALPHA. Alpha Finance Lab is 96.93% below the all time high of $2.92.

The current circulating supply is 750,000,000 ALPHA.

About

What Is Alpha Finance Lab (ALPHA)?

Alpha Finance Lab (ALPHA) is a cross-chain decentralized protocol which plans to drive DeFi and cross-chain liquidity. The platform is also a blend of specific digital trading tools that seeks to focus on increasing returns and minimizing risks for users. The protocol is built on the Binance Smart Chain, seeking to focus on building the Alpha universe to reduce downside risks for users within the ecosystem. 

Cross-chain is the ability of two independent blockchains to communicate with one another. Alpha Products are built after in-depth research of the problems and evaluating market gaps to propose a suitable solution. As per the whitepaper, there is a restriction in demand for DeFi for several reasons. First, Ethereum’s composable nature gave rise to multiple DeFi products, including lending, token derivative assets that mimic the value of other assets. While these DeFi products interoperate within the Ethereum ecosystem, the unaddressed demand for DeFi on other blockchain platforms continues to grow at a rapid pace. Thus, the current need for DeFi is restricted by scalability issues. Alpha Finance Lab aims to focus on strengthening the DeFi space, making the products more user-friendly, and bringing more people to DeFi. 

To onboard the general population to DeFi, the platform launched Alpha Lending. Users seek to earn yield on their digital assets by supplying them (assets) to the protocol. Additionally, to seek to reduce risks for users, the platform launched the Alpha launchpad. Alpha launchpad focuses on upgrading the talent and strengthening key building blocks in DeFi. The protocols released through Alpha platform seek to benefit users by providing them with a share of their protocol fees. 

ALPHA is the governance token created to integrate the whole Alpha ecosystem. The token aims to be a core utility token across a portfolio of Alpha products, including staking and reward sharing. The token also facilitates users to access the long-term Web3 community. Web3 is a concept for a new iteration of the World Wide Web that incorporates blockchain technology. 

History of Alpha Finance Lab (ALPHA)

Tascha Punyaneramitdee and Nipun Pitimanaaree lead Alpha Finance Lab. Punyaneramitdee is the cofounder and project lead at Alpha Finance Lab. Pitimanaaree is the lead blockchain engineer and had worked at OZT Robotics as the chief research officer before joining Alpha Finance Lab. Alpha Finance Lab was founded in 2020, and the token has a maximum total supply of 65,000,000 tokens.

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FAQ

What is the current price of Alpha Finance Lab?

The price of 1 Alpha Finance Lab currently costs $0.0896.

What is the market cap of Alpha Finance Lab?

The current market cap of Alpha Finance Lab is $67.26M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Alpha Finance Lab?

The all-time high of Alpha Finance Lab is $2.92. This all-time high is highest price paid for Alpha Finance Lab since it was launched.

What is the 24 hour trading volume of Alpha Finance Lab?

Over the last 24 hours, the trading volume of Alpha Finance Lab is $4.71M.

What other assets are similar to Alpha Finance Lab?

Assets that have a similar market cap to Alpha Finance Lab include WazirX, Fetch.ai, CertiK, and many others. To see a full list, see our comparable market cap assets.

How many Alpha Finance Lab are there?

The current circulating supply of Alpha Finance Lab is 750 million.