Today’s Anchor Protocol (ANC live price) is below $2, with a 24-hour trading volume close to $66 million. Anchor Protocol (ANC) has increased 9.37% in 24 hours.
Look no farther than this short guide for the details around the protocol, if it’s worth buying, and where to buy Anchor Protocol if you choose.
Top spots to purchase ANC now
KuCoin, a global cryptocurrency exchange, allows users to trade digital assets and cryptocurrencies. KuCoin was founded in September 2017. It is one of the most well-known crypto exchanges. There are over 5,000,000 registered users across 200+ countries. According to Alexa traffic ranking, KuCoin’s monthly unique visit ranks the top 5 globally.
KuCoin ANC today
What is Anchor Protocol?
It’s a Terra-based lending and borrowing platform. It is built on an over-collateralized architecture, which allows users to lend, borrow, and earn interest with digital assets.
It allows for quick withdrawals and pays depositors an extremely low-volatility rate of 19.5%, which is one of the highest stablecoins. It allows borrowers to make deposits if they pledge liquid-staked PoS asset security.
It uses a liquidation process to ensure protection of depositors’ principal. As long as the obligations they secure are sufficiently collateralized, deposits are safe.
The Anchor liquidation protocol’s goal is to keep deposits safe by paying off debts that are in danger of failing to meet collateral requirements.
Do I need to buy ANC now?
Anchor Protocol is a profitable investment. Anchor Protocol can be profitable.
ANC price prediction
Anchor is under the watchful eye of Gov Capital. They expect its price to drop from $1.95 right now to $0.152 within a year. It is also considered a poor investment by Wallet Investor.
Bullish price prediction is on the other side. They expect a minimum level to be $3.72 in 2023 and $5.36 in 2024. The average trading price of $5.51 makes it possible for it to reach $6.31. The price of 1 ANC in 2025 is expected to be at least $7.66.
Anchor Protocol for social media
Anchor is a cryptocurrency having a price $ 1.90 and a marketcap $ 423,719.375. Anchor Protocol’s price has risen 12.93% in 24 hours. It is ranked 139 among all cryptocurrencies with daily volumes of $ 61 234,836. #Anchor #ANC $ANC https://t.co/NTBmtu6GgJ pic.twitter.com/kakkJdW4Fo
— cryptoprx.com (@CryptoPRx1) February 14, 2022