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Acala Token

Acala Token priceACA

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ACA
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1 ACA = 0.1124 USD
Last updated 2024-04-25 14:50:15(UTC-0)

Acala Token price live data summary

The live price of Acala Token is $0.1124 per (ACA / USD) today with a current market cap of $108.14M USD. The 24-hour trading volume is $5.13M USD. ACA to USD price is updated in real time. Acala Token is -5.00% in the last 24 hours. It has a circulating supply of 962,500,000 .

What is the highest price of ACA?

ACA has an all-time high (ATH) of $3.1, recorded on 2022-01-25.

What is the lowest price of ACA?

ACA has an all-time low (ATL) of $0.03107, recorded on 2023-06-12.

Acala Token price performance in USD

24h7d30d90d1yAll-time
-5.00%-0.09%-41.84%+32.71%+36.62%--

Acala Token price history in USD

TimeLowHigh
24h$0.1103$0.1190
7d$0.09872$0.1257
30d$0.09138$0.2029
90d$0.07736$0.2359
1y$0.03107$0.2359
All-time$0.03107(2023-06-12, 318 days ago )$3.1(2022-01-25, 2 years ago )

Acala Token market information

Market cap
$108,139,095.62
-5.00%
Fully diluted market cap
$112,352,307.48
-5.00%
Volume (24h)
$5,126,136.26
-9.74%
Market rankings
Circulation rate
+96.00%
24h volume / market cap
0.0474
Circulating supply
962,500,000 ACA
Total supply / Max supply
1,000,000,000 ACA
-- ACA

Acala Token ratings

Average ratings from the community
4.6
100 ratings
This content is for informational purposes only.

Acala Token Social Data

In the last 24 hours, the social media sentiment score for Acala Token was 3, and the social media sentiment towards Acala Token price trend was Bullish. The overall Acala Token social media score was 0, which ranks 1226 among all cryptocurrencies.

According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,318,607 times, with Acala Token being mentioned with a frequency ratio of 0%, ranking 1226 among all cryptocurrencies.

In the last 24 hours, there were a total of 8 unique users discussing Acala Token, with a total of Acala Token mentions of 0. However, compared to the previous 24-hour period, the number of unique users decrease by 38%, and the total number of mentions has decrease by 0%.

On Twitter, there were a total of 0 tweets mentioning Acala Token in the last 24 hours. Among them, 0% are bullish on Acala Token, 0% are bearish on Acala Token, and 100% are neutral on Acala Token.

On Reddit, there were 5 posts mentioning Acala Token in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 17% . Additionally, there were 0 comments mentioning Acala Token. Compared to the previous 24-hour period, the number of mentions decrease by 0%.

Visão geral das redes sociais

Average sentiment(24h)
3
Social score(24h)
0(#1226)
Social contributors(24h)
8
-38%
Social mentions(24h)
0(#1226)
0%
Social dominance(24h)
0%
Twitter
Tweets(24h)
0
0%
Twitter sentiment(24h)
Bullish
0%
Neutral
100%
Bearish
0%
Reddit
Reddit score(24h)
2
Reddit posts(24h)
5
-17%
Reddit comments(24h)
0
0%

About Acala Token(ACA)

What Is Acala?

Acala is a cross-chain DeFi network and liquidity hub within the Polkadot ecosystem. Designed as a decentralized finance powerhouse, Acala stands out as a multi-functional platform, offering a range of financial services and applications. Acala's infrastructure includes a stablecoin network, a decentralized exchange (DEX), and a liquidity staking protocol, making it a comprehensive solution for DeFi on Polkadot.

The platform is not only a parachain on Polkadot but also serves as an application layer, providing a suite of financial products. These include a decentralized exchange, staking liquidity through Liquid DOT (LDOT), and an algorithmic stablecoin, aUSD. Acala's unique position allows it to facilitate seamless value transfers across various blockchains connected by Polkadot, enhancing the overall efficiency and utility of the DeFi ecosystem.

Resources

Official Documents: https://wiki.acala.network/

Official Website: https://acala.network/

How Does Acala Work?

Acala operates by leveraging the advanced capabilities of the Polkadot network, particularly its parachain model. Parachains are individual blockchains that run in parallel within the Polkadot ecosystem, each with its own specific features and use cases. Acala, as a parachain, benefits from Polkadot's shared security and interoperability features, enabling it to offer robust and versatile DeFi services.

One of the key components of Acala is its decentralized exchange (DEX), which operates on an automated market maker (AMM) model. This DEX allows users to trade various assets, including Polkadot's native token (DOT), Acala's own ACA token, and other cross-chain assets. Furthermore, Acala's DEX supports the staking of DOT tokens for LDOT, which can be used for various purposes like investment, lending, or as collateral for the Acala Dollar (aUSD).

Acala's stablecoin network is another critical aspect of its functionality. The Acala Dollar (aUSD) is a decentralized, algorithmic stablecoin native to the Polkadot network. It plays a vital role in maintaining price stability and providing a reliable medium of exchange within the DeFi ecosystem. Users can mint aUSD by collateralizing assets, and it can be used across various DeFi applications, enhancing liquidity and facilitating smooth financial operations.

What Is ACA Token?

ACA is the native utility token of the Acala network. It has a max supply of 1,600,000,000 tokens. This token serves multiple purposes within the ecosystem, including paying transaction fees, participating in governance, and acting as a contingency solution for sudden price drops in collateral assets. ACA token holders have the power to vote on network upgrades and decisions, playing a crucial role in the decentralized governance of Acala.

Transaction fees on the Acala network can be paid using ACA, as well as a variety of other tokens, thanks to Acala's flexible fee structure. This flexibility is part of Acala's broader strategy to make DeFi more accessible and user-friendly, reducing the barriers to entry for users and developers alike. The ACA token thus not only facilitates the smooth operation of the network but also empowers its users to shape its future.

What Determines Acala’s Price?

The price of Acala token (ACA), like any cryptocurrency, is influenced by a complex interplay of various factors, pivotal in the volatile and dynamic world of blockchain and digital assets. One of the primary determinants is market demand and supply, a fundamental economic principle that applies to cryptocurrencies as well. Demand for ACA is driven by its utility within the Acala network, particularly its role in transaction fees, governance, and as a stability mechanism for its collateral assets. As Acala's DeFi services, such as its DEX, stablecoin network, and liquidity staking protocols, gain traction within the Polkadot ecosystem, the demand for ACA naturally increases, potentially driving up its price. Conversely, an oversupply or reduced demand can lead to a price decrease.

Another significant factor influencing Acala's price is the overall performance and adoption rate of the Polkadot network. Given that Acala is a key parachain within Polkadot, developments, upgrades, and the general health of the Polkadot ecosystem can have a direct impact on ACA's value. Investor sentiment towards Polkadot, driven by its scalability, interoperability, and security features, can reflect in the demand for ACA. Additionally, broader market trends in the cryptocurrency sector, including regulatory changes, technological advancements, and shifts in investor sentiment, play a crucial role. For instance, a bullish trend in the DeFi sector or positive regulatory news can lead to increased interest in DeFi tokens like ACA, impacting its price.

For those interested in investing or trading Acala token, one might wonder: Where to buy ACA? You can purchase ACA on leading exchanges, such as Bitget, which offers a secure and user-friendly platform for cryptocurrency enthusiasts.

How to buy Acala Token (ACA)

Buying Acala Token on Bitget is fast and simple.
You just have to create an account, complete identity verification, deposit funds, and your trading journey is all set!
For more information, refer to How to buy Acala Token (ACA) .

Trade ACA perpetual futures

After having successfully signed up on Bitget and purchased USDT or ACA tokens, you can start trading derivatives, including ACA futures and margin trading to increase your income.

The current price of ACA is $0.1124, with a 24h price change of -5.00%. Traders can profit by either going long or short onACA futures.

Join ACA copy trading by following elite traders.

After signing up on Bitget and successfully buying USDT or ACA tokens, you can also start copy trading by following elite traders.

Acala Token news

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People are also inquiring about the price of Acala Token.

What is the current price of Acala Token?

We update our Acala Token to USD price in real time. Get the live Price of Acala Token on Bitget.

What is the 24 hour trading volume of Acala Token?

Over the last 24 hours, the trading volume of Acala Token is $5.13M.

What is the all-time high of Acala Token?

The all-time high of Acala Token is $3.1. This all-time high is highest price for Acala Token since it was launched.

Can I buy Acala Token on Bitget?

Yes, Acala Token is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy Acala guide.

Can I get a steady income from investing in Acala Token?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Acala Token with the lowest fee?

We're pleased to announce that strategic trading platform is now available on the Bitget exchange. Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders.
Cryptocurrency investments, including buying Acala Token online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Acala Token, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Acala Token purchase. This page and any information included are not an endorsement of any particular cryptocurrency.

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