Acet Information

Acet is gaining attention for its innovative approach to decentralized finance, focusing on enhancing user experience and transaction efficiency. With a robust ecosystem and an active development community, Acet aims to bridge the gap between traditional finance and blockchain technology. As the market evolves, Acet’s unique features could position it as a strong player in the competitive landscape of cryptocurrencies.

Acet

$0.05

  • Current Price $ : 0.053255 $
  • Price Change 24h : -0.0017075625803318 $
  • Price Change % 24h : -3.10676 %
  • Market Cap : 108636049
  • Market Cap Change % 24h : -10.11892 %

Overview of Acet (ACT)

Acet (symbol: ACT) is a cryptocurrency that has been gaining traction within the decentralized finance (DeFi) space. Currently priced at around $0.038, Acet is positioned as a utility token intended for various applications within the Acet ecosystem. The project aims to create a robust financial platform that empowers users through innovative blockchain technology.

Historical Performance

Acet has experienced significant price fluctuations since its inception. The coin reached its all-time high (ATH) of $1.90 on November 3, 2021, which reflects a staggering 97.95% decrease from its current price. The all-time low (ATL) was recorded at $0.00242311 on July 9, 2024, marking an impressive increase of approximately 1507.51% since then. These dramatic shifts highlight both the volatility inherent in the cryptocurrency market and the potential for substantial gains.

Market Analysis

With a market cap of approximately $85 million, Acet is positioned within a modest range compared to larger cryptocurrencies. The total supply of Acet is set at 2.24 billion coins, with a circulating supply of about 2.18 billion ACT. The trading volumes indicate a growing interest, with recent 24-hour volume reported at around $626,437, suggesting an active trading environment for investors.

Advantages of Acet

One of the key advantages of Acet lies in its focus on creating a user-friendly platform that combines various DeFi services. The adaptability and utility of its token can draw users who are looking for seamless financial solutions. Additionally, given its impressive recovery from the ATL, Acet demonstrates resilience and potential for long-term growth. The growing community and increasing market interest serve as supporting factors for its future potential.

Challenges and Risks

However, the journey for Acet is not without challenges. The significant drop from its ATH raises concerns regarding market sentiment and confidence. Investors should also consider the regulatory landscape, as changing regulations can impact the entire DeFi sector. Furthermore, competition from other cryptocurrencies that offer similar functionalities could pose a threat to Acet's market share.

Future Outlook

Looking forward, the future of Acet could be promising if the team continues to innovate and expand its ecosystem. Strategic partnerships and expansions into new markets may enhance its utility and adoption. If Acet manages to regain investor confidence and attract new users, it could very well see another price rally in the coming years. In conclusion, while Acet presents both opportunities and challenges, its unique positioning within the DeFi landscape and substantial recovery from the all-time low suggest a coin worth monitoring for potential investment.

from price
$0

General Information

Title
Acet
Symbol
act
Whitepaper
-
Website
Community
-
Last Updated
2024-11-14 23:50

Price Data

Current Price $
0.053255 $
High 24h
0.055722 $
Low 24h
0.04701825 $
Price Change 24h
-0.0017075625803318 $
Price Change % 24h
-3.10676 %

Market Data

Market Cap
108636049
Total Volume
962630
Market Cap Change 24h
-12230377.354067
Market Cap Change % 24h
-10.11892 %
Return on Investment (ROI)
-

Supply and Availability

Circulating Supply
2182567333.3306
Total Supply
2237418323.5006
Max Supply
-

Historical Data

All Time High (ATH)
1.9
ATH Change %
-97.43546 %
ATH Date
2021-11-03 04:25
All Time Low (ATL)
0.00242311
ATL Change %
1910.2029 %
ATL Date
2024-07-09 14:49