I vaguely feel that among the 80 altcoins in my holdings, ACA will be the first to reach a hundred times return. Let's analyze it: lowest price 0.0309u, counting from the lowest point 150 times, highest price reaching 4.635u, current price 0.1035, still 44 times profit, market cap reaching 5.3 billion u, this does not constitute investment advice.
In line with the principle of not missing the last wave of bullish market, it is recommended to clear positions around 4u, at the latest by November 25, welcome to return at that time to dig up.
Token introduction: ACA is the governance token of Acala. Acala is a decentralized, scalable, Ethereum-compatible Layer 1 smart contract platform optimized for DeFi, powering the aUSD ecosystem, aiming to become the financial center of the Polkadot ecosystem. With Acala EVM+, it supports developers to enjoy the advantages of Ethereum and the full functionality of Substrate while using the aUSD ecosystem.
Sector: Layer 1 and Layer 2 networks, DeFi, Dot ecosystem Launch date: 2022.1.25 Total: 1.15 billion Circulation: 1.14 billion Circulating market cap: approximately 120 million u Circulating market cap ranking: 398 Listed exchanges: 35
Official community situation: Twitter: 254,000 followers, tweets daily tg: 19,371 people, average 1,500 online daily
Token distribution and unlocking situation: Incentive plan: 34% Founding team: 20.25% Early supporters: 18.33% Supporters: 11.66% Reserve: 10.76% Ecological development: 5% Unlocking situation: 24.11.29 unlocks 1.125 million tokens 24.12.29 unlocks 1.125 million tokens, no further unlocks thereafter
Project CEO profile: Bryan Chen is the co-founder and CTO of Acala Network Work experience Karura Co-founder and CTO Laminar Co-founder and CTO
Bette Chen is the co-founder of Acala Work experience Laminar Co-founder
Project financing situation: 2020-03-27 $1.4 million Investment institutions: HashKey Capital, Hypersphere Ventures, SNZ Holding, P2P Capital, KR1, Digital Renaissance, Web3 Capital, Goodmore Capital
2020-08-27 $7 million Investment institutions: Pantera Capital*, 1confirmation, Arrington Capital, ParaFi Capital, CoinFund, DCG, Spartan Group, Zee Prime Capital, CMS Holdings, Polychain, Hypersphere Ventures, SNZ Holding, Divergence Ventures, Altonomy, KR1
2021-04-02 Amount undisclosed Investment institutions: Coinbase Ventures
Important project event information: 2022-02-12 Polkadot ecological project Acala launches decentralized multi-collateral stablecoin aUSD 2022-03-24 Acala joins 9 parallel chain teams to launch a $250 million aUSD ecosystem fund 2023-10-30 Acala 2.0 update: ACA staking function is online, with 4.2 million DOT staked via Euphrates.