Anchor Protocol Price, News and Analysis (ANC)

Anchor Protocol logo
-0.28 (-5.94%)
(As of 04/13/2021 05:57 AM ET)
1-Hour Price Change -0.34%
1-Day Price Change -5.94%
7-Day Price Change -4.66%
1-Day Volume$7.18 million
Market Cap$250.19 million
BTC Price0.00007569 BTC
Circulating Supply52.48 million
Total Supply1.00 billion
Maximum Supply1.00 billion

About Anchor Protocol (ANC)

Currency Details

Name Anchor Protocol
Market Capitalization$250.19 million
Coin or TokenCoin
Proof TypePoW
Genesis DateUnknown

Official Links

Official WebsiteN/A
Official Website (Alt)N/A
BitcoinTalk AnnouncementN/A
Twitter Account@anchor_protocol
Facebook PageN/A
Github AccountN/A

Community Discussion

Reddit CommunityN/A
Telegram GroupN/A
Discord GroupN/A
Message BoardN/A
Message Board (Alt)N/A

Research Tools

Blockchain ExplorerN/A
Blockchain Explorer (Alt)N/A

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Anchor Protocol (ANC) Frequently Asked Questions

What is Anchor Protocol?

The Anchor Token (ANC) is Anchor Protocol's governance token. ANC tokens can be deposited to create new governance polls, which can be voted on by users that have staked ANC. ANC is designed to capture a portion of Anchor's yield, allowing its value to scale linearly with Anchor's assets under management (AUM). Anchor distributes protocol fees to ANC stakers pro-rata to their stake, benefitting stakers as adoption of Anchor increases -- stakers of ANC are incentivized to propose, discuss, and vote for proposals that further merit the protocol. ANC is also used as incentives to bootstrap borrow demand and initial deposit rate stability. The protocol distributes ANC tokens every block to stablecoin borrowers, proportional to the amount borrowed. (Description provided by CryptoCompare)

How do I buy Anchor Protocol?

It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Anchor Protocol.

Where can I get Anchor Protocol wallet?

Anchor Protocol produces its own wallet software that is available for download on its website, which allows you to store Anchor Protocol on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

What is the value of Anchor Protocol?

One Anchor Protocol (ANC) is currently worth $4.77 on major cryptocurrency exchanges. You can also exchange one Anchor Protocol for 0.00007569 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Anchor Protocol in U.S. dollars is $250.19 million.

What hashing algorithm does Anchor Protocol use?

Anchor Protocol is a proof of work (PoW) coin that uses the PoS algorithm.

How do I mine Anchor Protocol?

Anchor Protocol can be mined using specialized mining software. XMR Stak is a commonly-used mining tool that works for CPU mining and GPU mining with both Nvidia and AMD graphics cards. CCMiner is another popular mining tool for computers with NVIDIA graphics cards. In addition to having mining software, you will need a Anchor Protocol and access to a mining pool that pools your effort with other miners and a wallet to store the Anchor Protocol that you earn from mining. Most cryptocurrencies have multiple publicly-available mining pools that can be found with a simple Google search.

What coins are similar to Anchor Protocol?

The following coins use the same hashing algorithm (PoS) as Anchor Protocol: WINk, MAPS, Kleros, Razor Network, Wagerr, Validity, Dev Protocol, Particl, Phore, Team Finance, MojoCoin, Bitradio, TEAM (TokenStars), Zealium and Bitvolt.

MarketBeat Community Rating for Anchor Protocol (ANC)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  2 (Vote Outperform)
Underperform Votes:  3 (Vote Underperform)
Total Votes:  5
MarketBeat's community ratings are surveys of what our community members think about Anchor Protocol and other cryptocurrencies. Vote "Outperform" if you believe the stock will outperform other cryptocurrencies over the long term. Vote "Underperform" if you believe the stock will underperform other cryptocurrencies over the long term. You may vote once every thirty days.


Anchor Protocol (ANC) Price Chart for Tuesday, April, 13, 2021

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Google Trends

Anchor Protocol (ANC) Search Trends

There is a correlation between price appreciation and public interest in cryptocurrencies, such as Anchor Protocol. Many cryptocurrency investors use Google Trends, which measures the volume of web searches for a particular topic over time, as a tool to gauge whether public interest is increasing or decreasing for a particular cryptocurrency. The chart below shows how search volume has changed for the phrase "Anchor Protocol Coin" over the last 90 days.

Anchor Protocol (ANC) Website Traffic

Anchor Protocol (ANC) Social Media Trends


Anchor Protocol (ANC) News Headlines

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Social Media Mentions

This page was last updated on 4/13/2021 by Staff
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