In the dynamic world of cryptocurrencies, Amon (AMN) is making waves with its innovative approach to everyday transactions. Operating on the Ethereum platform, Amon is not just another digital token; it’s a solution designed to simplify and optimize the way we use cryptocurrencies in our daily lives. Despite a circulating supply currently set at zero, Amon's sophisticated AI-powered wallet and card have caught the attention of crypto enthusiasts. Over the last 24 hours, Amon has experienced a price uptick of 3.23%, reflecting growing interest in its potential. Dive into the unique features and benefits of Amon and discover how it aims to redefine convenience and efficiency in the crypto space.

What is Amon (AMN)?

Amon (AMN) is a cryptocurrency that operates on the Ethereum platform. With a total supply of 1,209,963,685.36 tokens, Amon is designed to facilitate seamless and practical use of cryptocurrencies in everyday transactions. The token serves as a utility token within the Amon ecosystem, providing several key value propositions to its users.

Key Features of Amon

1. Automated Best Currency Selection: Amon's intelligent system analyzes historical data to determine the best-performing cryptocurrency in the wallet at the time of purchase, automatically converting it for the user. This eliminates the need for users to manually track and convert their cryptocurrencies, making transactions more convenient and efficient.

2. Ethical Token Utility: Amon has introduced an ethical token utility to support charities, allowing users to contribute to charitable causes using their AMN tokens.

3. Multi-Currency Wallet: Amon offers a powerful multi-currency crypto wallet, providing users with a secure and user-friendly platform to manage their cryptocurrencies.

4. Artificial Intelligence: The Amon card and wallet utilize state-of-the-art artificial intelligence to provide the best value to the crypto holder in everyday transactions, ensuring optimal use of cryptocurrencies.

Market Data and Performance

Coin Statistics

• Current Price: $0.0001
• Market Cap: $0.00
• 24h Price Change: 3.45%
• 7d Price Change: 4.96%
• 30d Price Change: 30.26%
• 24h High: $0.0001
• 24h Low: $0.0001
• All-Time High: $0.1224 (2018-05-04T20:54:25.000Z)
• All-Time Low: $0.0000 (2022-10-02T10:01:00.000Z)
• Circulating Supply: 0.00
• Total Supply: 1,209,963,685.36

Purpose and Utility of the Amon Crypto Token

Solving Practical Cryptocurrency Usage

The Amon crypto token (AMN) is the native currency of the Amon AI-powered crypto wallet and card, which aims to enable seamless and practical use of cryptocurrencies in everyday life. The token serves as a utility token, providing several key value propositions:

1. Automated Best Currency Selection: Amon's intelligent system analyzes historical data to determine the best-performing cryptocurrency in the wallet at the time of purchase, automatically converting it for the user. This eliminates the need for users to manually track and convert their cryptocurrencies, making transactions more convenient and efficient.

2. Ethical Token Utility: Amon has introduced an ethical token utility to support charities, allowing users to contribute to charitable causes using their AMN tokens.

3. Multi-Currency Wallet: Amon offers a powerful multi-currency crypto wallet, providing users with a secure and user-friendly platform to manage their cryptocurrencies.

4. Artificial Intelligence: The Amon card and wallet utilize state-of-the-art artificial intelligence to provide the best value to the crypto holder in everyday transactions, ensuring optimal use of cryptocurrencies.

Unique Features and Benefits

The Amon crypto token (AMN) is a utility token that serves as a key component of the Amon Wallet, a multi-currency wallet designed to help users manage their crypto assets effortlessly. The token is used to enhance the user experience for Amon Wallet services, with users receiving AMN tokens as rewards for purchases made through the Amon Card and as cashback for exchange transactions through the Amon Wallet.

One unique feature of the Amon Wallet is its integration with the Amon Debit Card, which allows users to spend their cryptocurrencies in real life. The card is based on artificial intelligence, which analyzes historical data to determine which crypto to use at the time of purchase, optimizing profit for the user. The Amon Wallet supports three purchasing methods, including the option to be assisted by Amon’s Array Intelligent System (AAIS) algorithm, which decides on the most convenient cryptocurrency to use at the moment of purchase.

The Amon Wallet currently supports nine digital currencies, including Bitcoin, Ethereum, Litecoin, USD Coin, Ripple, Dai, Bitcoin Cash, Dash, and Qash, with plans to add more in the future. The wallet also offers weekly interest payments with an interest rate of up to 15%, cashback and rewards programs paid by way of Amon’s native token (AMN), and secure custody through partnerships with SEC (USA) regulated crypto custody service providers like BitGo.

Tokenomics and Distribution Model

Total Token Supply

The Amon crypto token, also known as AMO, has a total token supply of 50.00 billion tokens. The tokenomics and distribution model of Amon is as follows:

• Private Round: 20% of the total token supply, with 10.4% unlocked and 9.6% locked.
• Ecosystem Rewards: 20% of the total token supply, with 3.55% unlocked and 16.4% locked.
• Treasury: 20% of the total token supply, with 3.20% unlocked and 16.8% locked.
• Advisory: 10% of the total token supply, with 3.08% unlocked and 6.92% locked.
• Marketing: 10% of the total token supply, with 5.20% unlocked and 4.80% locked.
• Venture: 10% of the total token supply, with 5.20% unlocked and 4.80% locked.
• Liquidity (Unallocated): 5.00% of the total token supply, with no tokens unlocked or locked.
• Liquidity (Allocated): 5.00% of the total token supply, with 5.00% unlocked and no tokens locked.

Controlling Inflation

The Amon crypto token has mechanisms in place to control inflation, such as token burning or staking rewards. However, the specific details of these mechanisms are not explicitly stated in the provided sources. The concept of tokenomics, which refers to the study of the incentives and economic structures of blockchain-based systems, is mentioned as a critical aspect of controlling inflation in cryptocurrencies.

The Team Behind Amon

Core Team Members

The Amon crypto token