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What is Alephium (ALPH)?

Alephium basic info

Name:Alephium
Ticker:
Introduction:

What is Alephium (ALPH)?

Alephium (ALPH) is a blockchain platform designed to address the shortcomings of existing blockchain technologies while leveraging innovative solutions to pave the way for scalable and secure decentralized applications. It embodies the trifecta of scalability for developers, security for users, and decentralization for all.

How Alephium (ALPH) Works

1. Scalability through Sharding

Alephium's scalability is possible thanks to its novel sharding algorithm called BlockFlow. Sharding allows the network to partition data into smaller, more manageable subsets called shards, enabling parallel processing of transactions. This architecture significantly enhances throughput, with Alephium boasting up to 10,000 Transactions Per Second (TPS), a quantum leap from Bitcoin's 7 TPS.

2. Programmability Security

Alephium uses the Unspent Transaction Output (UTXO) model, similar to Bitcoin's, offering layer-1 scalability while maintaining a high level of programmability. This model ensures that token transfers among users are secure and efficient, with no need for additional approval transactions.

3. Energy Efficiency with POLW

Proof of Less Work (POLW) is Alephium's innovative consensus mechanism, which dynamically adjusts the work required to mine new blocks based on network conditions. This approach significantly reduces energy consumption, with Alephium consuming only a fraction of the energy compared to Bitcoin, while maintaining high levels of security.

4. Custom Virtual Machine (Alphred) Ralph Programming Language

Alephium introduces its own custom Virtual Machine (VM) called Alphred, coupled with the Ralph programming language. Alphred solves critical issues plaguing current smart contract platforms while simplifying the creation of efficient and secure smart contracts, particularly for DeFi applications.

5. Token Management

In Alephium, tokens are first-class citizens. True ownership based on the UTXO model ensures the security of tokens. This design enhances the security of token transfers among users while simplifying the process for wallets and dApps to interact with tokens, whether fungible or non-fungible.

Additionally, Alephium's unique sub-contract system and efficient transaction batching enhance the usability and scalability of NFTs on the platform.

ALPH Goes Live on Bitget

Trade ALPH, the native token of Alephium, on Bitget, and tap into the potential of this innovative blockchain platform. As Alephium continues to garner attention for its scalability, security, and efficiency, trading ALPH on Bitget provides an opportunity to participate in the growth of a transformative blockchain ecosystem, all while leveraging Bitget's reliable trading platform.

How to Trade ALPH on Bitget

Listing time: April 20, 2024

Step 1: Go to ALPHUSDT spot trading page

Step 2: Enter the amount and the type of order, then click Buy/Sell

For detailed instructions on how to spot trade in Bitget, please read The Uncensored Guide To Bitget Spot Trading.

Trade ALPH on Bitget now!

Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

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Current price:
All-time high:$3.86
All-time low:$0.04655

ALPH supply and tokenomics

Circulating supply:95,629,420 ALPH
Total supply:205,631,980.35 ALPH
Max supply:1,000,000,000 ALPH
Market cap:$142.80M
Fully diluted market cap:$1.49B

Links

Buy Alephium for $1Buy ALPH now

What is the development prospect and future value of ALPH?

The market value of ALPH currently stands at $142.80M, and its market ranking is #371. The value of ALPH is not widely recognized by the market. When the bull market comes, the market value of ALPH may have great growth potential.

As a new type of currency with innovative technology and unique use cases, ALPH has broad market potential and significant room for development. The distinctiveness and appeal of ALPH may attract the interest of specific groups, thereby driving up its market value.

What will the price of ALPH be in 2025?
Based on ALPH's historical price performance prediction model, the price of ALPH is projected to reach $2.07 in 2025.
What will the price of ALPH be in 2030?
In 2030, the ALPH price is expected to change by -20.00%. By the end of 2030, the ALPH price is projected to reach $3.79, with a cumulative ROI of +149.80%.
Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of ALPH and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

Is ALPH worth investing or holding? How to buy ALPH from a crypto exchange?

If you want to buy ALPH, the following information may be helpful for your investment decisions:
In the last 7 days, the price of ALPH has fallen by -34.16%, leading to negative returns for most ALPH investors. The market is currently pessimistic about the price trend of ALPH.
It is important to note that the current price of ALPH has retreated by -61.28% from its all-time high. This coin is currently considered medium-risk, and its price may rebound or continue to fall.
Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.
To decide whether ALPH is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.
Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in ALPH or any cryptocurrency comes with certain risks and uncertainties.
Regardless of your outlook on the development prospects and future trends of ALPH, if you want to buy or sell ALPH, you can consider Bitget for your trading needs. The best place to buy ALPH is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.
Investing in Alephium has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Alephium. Here's a step-by-step guide on how to buy Alephium on Bitget.

How to get Alephium through other methods?

Using cash to buy Alephium is not the only way to obtain Alephium. If you have the time to spare, you can get Alephium for free.
Learn how to earn Alephium for free through the Learn2Earn promotion.
Earn free Alephium by inviting friends to join Bitget's Assist2Earn promotion.
Receive free Alephium airdrops by joining ongoing challenges and promotions.
All crypto airdrops and rewards can be converted to Alephium through Bitget Convert, Bitget Swap, or spot trading.

What is Alephium used for and how to use Alephium?

The use case of Alephium may expand as the crypto market and the project itself develop. Currently, you can use ALPH to achieve the following goals:
Arbitrage by trading ALPH: Since ALPH is a frequently traded cryptocurrency, the price of ALPH is always fluctuating. Earn more ALPH by buying low and selling high on the exchange. Bitget spot market provides a variety of ALPH trading pairs to fully meet your needs.
Earn by staking ALPH: You can also generate income through financial management methods such as staking ALPH or lending ALPH. Bitget Earn offers a variety of financial products designed to help you earn more income from your ALPH.
Send or pay ALPH: If you want to give ALPH to your friends, a charity, or a fundraiser, or you want to pay someone with ALPH, you can quickly and easily send ALPH to the recipient through their payment address.
You can also go to the official website of the Alephium project to learn more about the use cases of ALPH. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

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