Alchemy Pay Faces Market Challenges Amid Price Drop
Alchemy Pay’s recent price plunge prompts concerns about its future, even as it announces significant partnerships. As cryptocurrency markets fluctuate, the company’s efforts to expand and integrate new payment options come at a critical time.
The price of Alchemy Pay (ACH) took a hit of 8% within the last 24 hours, following the announcement of a key partnership with World Liberty Financial, which has connections to former President Trump. This downturn is indicative of profit-taking after recent gains linked to the expansion of the cryptocurrency payment network in Australia.
As the major cryptocurrencies experience a slowdown amid ongoing market uncertainty, the question arises: Can the integration with World Liberty Financial provide the boost ACH needs?
Key Partnership with World Liberty Financial
On May 26, Alchemy Pay announced a significant step in its expansion efforts in Australia, revealing the integration of PayID, a local interbank payment service.
The news prompted a brief uptick in ACH’s price; however, it has since declined from early May when bearish forces pushed values above $0.030. Alchemy Pay has recently unveiled several key integrations as part of its initiative to enhance its on/off-ramp solutions.
In addition to support for crypto exchange XT.COM, Alchemy Pay has integrated a non-custodial stablecoin wallet based on the Celo blockchain, called MiniPay. This development allows MiniPay users to access stablecoins including USDT, USDC, and cUSD with their local fiat currencies.
The most recent addition to their offerings is the partnership with World Liberty Financial, a DeFi project associated with Donald Trump’s family. The partnership enables Alchemy to support USD1, a dollar-pegged stablecoin launched earlier this year.
“Users worldwide can now purchase 1 USD using their preferred payment method, including Visa, Mastercard, Apple Pay, Google Pay, mobile wallets, and regional bank transfers,” noted the platform in a blog post.
Will the Integration of USD1 Boost ACH Prices?
According to CoinGecko, ACH has been fluctuating around $0.022, significantly lower than its peak of $0.030 on May 11, 2025. Over the past 24 hours, the token has dropped by 8% and 17% in the last week.
Daily transaction volume has surged by more than 40%, hovering around $30 million at the time of this writing.
Technical analysis indicates that ACH’s price may continue to face declines. Last month’s selloff has bolstered bearish positions, causing prices to collapse from a descending wedge. Key indicators, such as the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) on the 4-hour chart, suggest an advantage for sellers, indicating further downward potential as the market continues its bearish trend.
However, with the RSI nearing oversold territory, a reversal may lead to potential gains, targeting a return to the $0.03 mark.
