The Alongside Crypto Market Index (AMKT) is designed to track the performance of a basket of cryptocurrencies, functioning similarly to a traditional stock market index. Its primary purpose is to provide investors with diversified exposure to the crypto market or a specific segment of it, without requiring them to purchase each underlying asset individually. This can simplify portfolio management and offer a broader market perspective.
As an index token, AMKT's value is derived from the collective performance of its constituent assets. Its methodology likely involves specific criteria for asset selection, weighting mechanisms (e.g., market capitalization-weighted, equal-weighted), and rebalancing schedules. Understanding these underlying mechanics is crucial for investors to assess how well AMKT represents its target market and how its value might evolve.
For investors seeking broad market exposure or a benchmark for their crypto portfolio, AMKT could serve as a foundational asset. Its utility lies in offering a single, tradable token that encapsulates the performance of multiple digital assets, potentially reducing the complexity and transaction costs associated with managing a diversified crypto portfolio.
Trading the Alongside Crypto Market Index (AMKT) requires careful consideration of its unique characteristics as an index token, especially given its relatively low market capitalization and trading volume. With a 24-hour trading volume of $17.057, AMKT exhibits very low liquidity. This means that large buy or sell orders could significantly impact its price, leading to higher price volatility and potentially wider bid-ask spreads. Traders should be aware that executing substantial trades might be challenging without causing significant slippage.
The low market cap of $27.973K suggests that AMKT is a micro-cap asset within the crypto space. Assets in this category are often more susceptible to market sentiment shifts and can experience rapid price swings. While this can present opportunities for agile traders, it also carries elevated risk. Investors should conduct thorough due diligence, focusing on the index's underlying methodology, the quality of its constituent assets, and the transparency of its management.
For an index token, its price action is inherently linked to the performance of its underlying assets. Traders should monitor the broader crypto market trends and the specific sectors or assets that AMKT tracks. Understanding the rebalancing schedule and any changes to the index's composition can also provide valuable insights into its future price movements. Given the current liquidity profile, AMKT may be more suitable for long-term holders seeking diversified exposure rather than active day traders.
Understanding the liquidity structure of an asset like AMKT is vital for assessing its market health and tradability. Liquidity refers to how easily an asset can be bought or sold without significantly affecting its price. For an index token, liquidity is influenced by both the liquidity of the token itself on exchanges and the liquidity of its underlying assets. A robust liquidity structure ensures efficient price discovery and reduces the risk of market manipulation.
The distribution of AMKT across various holders and platforms can indicate its decentralization and potential for price stability. A highly concentrated supply, for instance, could lead to increased volatility if large holders decide to sell. Conversely, a broad distribution among many participants often suggests a more resilient market. For index tokens, the mechanism for creation and redemption (e.g., through authorized participants) also plays a critical role in maintaining its peg to the underlying index value and ensuring sufficient liquidity.
The Alongside Crypto Market Index (AMKT) functions as a tokenized representation of a diversified portfolio of cryptocurrencies. Its design aims to offer investors a straightforward way to gain exposure to the broader crypto market or a specific segment, without the complexities of managing individual assets. This approach is particularly appealing to those seeking diversification and reduced idiosyncratic risk associated with single-asset investments.
The core value proposition of AMKT lies in its index methodology. While specific details are not publicly confirmed, a typical crypto index would define criteria for selecting constituent assets (e.g., market capitalization, liquidity, regulatory compliance), weighting schemes (e.g., market-cap weighted, equal-weighted, or fundamental weighting), and a rebalancing schedule. These parameters dictate how the index tracks its target market and how its composition evolves over time. Regular rebalancing ensures the index remains representative and adheres to its stated objectives.
For investors, AMKT provides a passive investment vehicle. Instead of actively trading multiple cryptocurrencies, they can hold AMKT to mirror the performance of the underlying index. This can lead to lower management overhead and potentially reduced transaction fees compared to building and maintaining a similar portfolio manually. However, investors should thoroughly research the index's methodology to ensure it aligns with their investment goals and risk tolerance.
Alongside Crypto Market Index (AMKT) is a token designed to track the performance of a diversified basket of cryptocurrencies. It offers investors a simplified way to gain broad exposure to the crypto market or a specific sector, acting as a single tradable asset that reflects the collective value of its underlying components. AMKT aims to provide a benchmark and an investment vehicle for those seeking passive, diversified crypto exposure.
The specific network and contract address for Alongside Crypto Market Index (AMKT) are not publicly confirmed. Typically, an index token would be deployed on a major blockchain network such as Ethereum (ERC-20), Binance Smart Chain (BEP-20), or Polygon. The contract address is a unique identifier on that blockchain, essential for verifying the token's authenticity, tracking its supply, and interacting with it via wallets and decentralized applications.
For investors, verifying the correct contract address is a critical security step to avoid interacting with fraudulent tokens. It is always recommended to obtain this information from official project websites or reputable data aggregators. Without this detail, it is challenging to assess the token's technical infrastructure, audit its smart contract, or understand its interoperability within the broader decentralized finance (DeFi) ecosystem.
Crypto assets typically cluster into a few behavior regimes: large-cap “macro” assets, protocol/utility assets, and narrative-driven meme/community assets. When fundamentals are unclear, the safest assumption is that price is primarily narrative and liquidity driven.
Liquidity drives volatility: shallow order books amplify every trade. That means charts can look “strong” while being structurally fragile. A trend that survives rising volume is more credible than a trend that survives only on thin prints.
Reflexivity: in crypto, price often creates the story that brings new buyers, which pushes price higher—until it doesn’t. Your job is to identify what would break the story (exchange delisting, contract risk, whale distribution, regulatory pressure, or simply attention moving elsewhere).
Practical approach: treat this as a probability game. You’re not trying to predict; you’re trying to avoid bad risk/reward. If you cannot verify supply, contract, and credible venues, you should assume tail risk is high.
AMKT is a tokenized crypto market index designed to provide diversified exposure to a basket of cryptocurrencies. Its value reflects the aggregated performance of its underlying assets, offering a simplified investment vehicle for broad market participation.
AMKT's price is determined by the collective performance of the cryptocurrencies it tracks, weighted according to its specific index methodology. Market supply and demand dynamics on exchanges also play a role, especially given its current liquidity profile.
Key risks include market volatility inherent in cryptocurrencies, potential for low liquidity leading to price slippage, concentration risk if the index is not sufficiently diversified, and operational risks related to the index's management and smart contract security. Its low market cap also suggests higher susceptibility to market manipulation.
AMKT is available on various cryptocurrency exchanges. For the most up-to-date information on where to trade, it is recommended to check reputable crypto data aggregators or the official project website. Given its low volume, liquidity may vary significantly across platforms.
The specific tokenomics for Alongside Crypto Market Index (AMKT) are not publicly confirmed, but general principles for index tokens can be inferred. Tokenomics typically describe the supply, distribution, and utility of a token. For an index token, the circulating supply (currently 2.5 thousand AMKT) is often dynamic, influenced by creation and redemption mechanisms. These mechanisms allow authorized participants to mint new tokens by depositing the underlying assets or redeem tokens for the underlying assets, helping to keep the token's price aligned with its net asset value (NAV).
Key aspects to investigate for AMKT's tokenomics would include the total supply cap (if any), the initial distribution strategy, and any locking or vesting schedules for team, advisors, or early investors. Understanding how the supply can expand or contract is crucial for assessing potential inflationary or deflationary pressures. Furthermore, any utility beyond simple price tracking, such as staking rewards, governance rights, or fee structures, would significantly impact its long-term value proposition. Without these details, it is challenging to fully evaluate the token's economic model and its sustainability.
When evaluating Alongside Crypto Market Index (AMKT), it's useful to consider comparable assets, particularly those with similar market capitalization or functional characteristics. The provided comparable assets include Canadian Inuit Dog, Moonsama, and Germany Rabbit Token. These assets are noted for having a similar market cap to AMKT, which is a critical factor for understanding their liquidity, volatility, and overall market maturity.
Assets with comparable market caps often share similar risk profiles, including higher susceptibility to price swings due to lower liquidity and smaller trading volumes. While the listed comparables appear to be meme coins or niche tokens, AMKT's nature as an index token sets it apart functionally. A more direct comparison for AMKT would ideally involve other crypto index tokens or tokenized baskets, which share its goal of providing diversified market exposure. However, in the absence of such direct functional comparables within the provided data, comparing by market cap highlights the general market segment AMKT currently occupies.
Investors should analyze the specific use case, underlying technology, and community support of any comparable asset. For AMKT, the focus should be on its index methodology and the quality of its underlying assets, which are more relevant than the characteristics of unrelated tokens with similar market caps.
The provided data for Alongside Crypto Market Index (AMKT) includes its current price ($260.15), 24-hour change (0.21%), market capitalization ($27.973K), 24-hour trading volume ($17.057), all-time high ($363.29), and circulating supply (2.5 thousand AMKT). These numerical values offer a snapshot of the asset's current market status.
However, several critical pieces of information are missing. These include the exact date of the price snapshot, the asset's market rank, the specific blockchain network it operates on, its contract address, and detailed tokenomics (e.g., total supply, distribution schedule, utility beyond index tracking). Furthermore, the methodology of the index itself, including its constituent assets, weighting, and rebalancing frequency, is not provided.
The absence of this information significantly limits confidence in a comprehensive analysis. Without network details, it's impossible to verify smart contract security or assess its integration within the broader DeFi ecosystem. Lack of detailed tokenomics hinders an understanding of its long-term supply dynamics and potential inflationary pressures. The limited trading volume and market cap also suggest potential liquidity risks and susceptibility to price manipulation.
To improve confidence, the next steps for verification should include: 1) Identifying the official project website for AMKT to access its whitepaper and detailed index methodology. 2) Confirming the blockchain network and contract address. 3) Seeking audited smart contract reports. 4) Investigating the team behind the index and their experience. 5) Analyzing the liquidity across various exchanges to assess true tradability.
Use this tool to estimate the value of AMKT based on current prices. Enter the amount of AMKT you hold or wish to purchase to see its approximate USD value.
Alongside Crypto Market Index (AMKT) is a tokenized index designed to offer diversified exposure to the cryptocurrency market. With a current price of $260.15 and a 24-hour change of 0.21%, it represents a small-cap asset with a market capitalization of $27.973K and very low trading volume ($17.057). Its all-time high is $363.29, and its circulating supply is 2.5 thousand AMKT. As an index, its value is derived from the performance of its underlying assets, aiming to simplify crypto portfolio management. However, its low liquidity and market cap present significant trading risks, including potential price volatility and slippage. Investors should conduct thorough due diligence on its index methodology and operational transparency.
Assets that have a similar market capitalization to Alongside Crypto Market Index (AMKT) include Canadian Inuit Dog, Moonsama, and Germany Rabbit Token. While these assets share a similar market cap, their fundamental nature and use cases may differ significantly from AMKT, which functions as a crypto market index. For investors seeking functionally similar assets, other crypto index tokens or diversified crypto baskets would be more relevant comparables, though specific details for such assets are not provided in the current context.