Doreypop

$ACA /USDT is currently trading at $0.0390, down 5.34% in the last 24 hours. The price has tested a low of $0.0384 and a high of $0.0412, showing a bearish trend with increased selling pressure.

If the support at $0.0384 holds, we could see a potential rebound. However, a breakdown below this level might lead to further declines. Resistance remains at $0.0412, which needs to be broken for a bullish recovery.
#Acala

The first round of Acala’s Meme & DApp Contest has concluded, with over 6 million ACA votes cast by 103 voters. The competition featured various projects contributing to the #Acala ecosystem. Here are the top 5 ranked projects:

🔹 1st Place – Boomerang (4.71M Votes)
A #memecoin launcher and permissionless AMM DEX on Acala EVM, enabling users to create and trade tokens.

🔹 2nd Place – DamnDAO (3.98M Votes)
A quantitative trading DAO that applies algorithmic strategies for crypto trading on Acala Swap.

🔹 3rd Place – NEMO (2.64M Votes)
An AI-driven digital fish developing its presence in Web3. NEMO is the first memecoin on Acala.

🔹 4th Place – PolkaLottery (708.5K Votes)
A cross-chain lottery platform with 107,642+ tickets sold and 29,233 $DOT in prizes. 5% of ticket sales are burned in ACA.

🔹 5th Place – AIWeb3Dao (LOVA) (544.5K Votes)
A project aimed at engagement and collaboration in Acala and Web3.

Other participants will receive ACA rewards based on voting thresholds. Additionally, 100,000 $ACA will be distributed to community members who participated in the voting process.

The contest resets every month, allowing projects to refine and compete again.

Boomerang, one of the projects from the first round of the #MEME & DApp contest, is a memecoin launcher and permissionless AMM DEX on @Acala If you’ve ever wanted to launch your own memecoin or token now’s your chance to test it out for free.

This is just testnet, so the tokens have no value but it’s a great way to experiment before they go live on #Acala mainnet. If you run into any issues while testing or have feedbacks, the team would love to hear it.
#TestnetLaunch

$ACA is trading at $0.0453 (-2.37%), struggling to break above resistance near $0.0456.

• Support: $0.0447 (Recent Low)
• Resistance: $0.0476 (24h High)
• Trend: Short-term downtrend, but consolidation forming.

With decreasing volatility and volume stabilizing, a breakout could be coming soon. Will bulls push it above $0.046 or will bears take control?

Liquidity incentives play a key role in strengthening #DeFi ecosystems, and @Acala is taking this into consideration. A new proposal suggests adding two incentivized trading pools on AcalaSwap:

🔹 $ACA - USDT – Expanding ACA’s market access
🔹 LDOT-USDT – Boosting liquidity for liquid DOT

If approved, this could enhance trading efficiency and deepen liquidity. Let’s see how it unfolds🚀

How time flies! The first round of the Acala #MEME & DApp Contest has ended, and voting is now live.
This is where the community gets to decide which memes brought the best laughs and which DApps showed the most innovation. Every vote counts, and even voters have a chance to win from the reward pool.

Voting is based on the amount of $ACA and will be open for 7 days.

You can see the projects that made it to this stage on the @Acala SubSquare.

The $ACA /USDT price has dropped 14.92%, now at $0.0462, near its 24-hour low of $0.0453. Earlier, the price was stable around $0.0840 before a big drop. Since then, it has been in a clear downtrend, making lower highs and lower lows.

Trading volume is high, showing strong selling pressure. If $0.0453 breaks, the price could drop further. A reversal is possible if buyers step in, but there's no clear sign of that yet.
#DeFi

Earlier I mentioned the long-awaited redemption process for aSEED holders is now live! With a major governance proposal passed.
The process, which recently went live on Karura, enables users to exchange aSEED for $DOT , $ACA , LDOT, or $USDC This move helps align aSEED’s value closer to its intended peg and provides more utility for holders.

If you’ve been holding aSEED, you can now access this redemption process on Karura. Always good to see the #AcalaNetwork governance in action, bringing more clarity and opportunities to the ecosystem.

Acala’s Monthly $ACA Burn Update 🔥

Acala’s treasury currently holds 25.12 million $ACA ($1.35M), playing a key role in network sustainability.

For February, over 380,000 $ACA was permanently removed from circulation as part of Acala’s regular burn mechanism. These burns help manage supply over time.

Looking ahead, the next burn is expected to take place in 22 days, with 251.2K $ACA scheduled to be burned.

#AcalaNetwork #TokenBurn #Blockchain

Boomerang will be landing on @Acala EVM+, and memes are making their way into #Polkadot

We’ve seen how Meme tokens evolve from simple internet jokes into full-blown communities that drive on-chain activity. Now, with Boomerang’s token launcher and built-in AMM DEX, anyone can create and trade tokens in seconds.

Memes aren’t just entertainment—they bring culture, liquidity, and engagement to blockchains. Some of the biggest projects today started as memes. Will Boomerang spark the next wave🤔 Time will tell.
#Memecoins🤑🤑 #aca

Stellaswap is upgrading its liquidity pools to V4, introducing improvements like lower fees and increased efficiency. The LDOT - $DOT pool is transitioning from V3 to V4, and liquidity providers should review the migration process.

Here are a few key points:
✅ The upgrade aims to optimize liquidity and trading efficiency.
✅ The LDOT-DOT pool is transitioning from V3 to V4—participants should check migration details.
✅ #AcalaNetwork developers are updating Stellaswap LP links on Euphrates for easy access.

If you’re a liquidity provider on Stellaswap, reviewing the upgrade details can help you stay informed about the transition.

#LiquidStaking #Polkadot

Today's money flow analysis for $ACA reveals a tight contest between buyers and sellers, with total buy volume reaching 19.58M and sell volume close behind at 19.44M. This results in a slight net inflow of 144,578.66 ACA, indicating a balanced market where neither side has a clear upper hand.

Looking at order sizes, large orders show a bullish sentiment, as buyers accumulated 3.24M ACA compared to 2.16M sold. This suggests that bigger players, possibly institutional investors, are confident in ACA's prospects. However, medium-sized orders tell a different story, with sellers offloading 4.49M ACA while buyers only picked up 3.87M, leading to a negative inflow of -611K ACA. Small orders, which saw the highest volume, also leaned slightly bearish, with 12.47M bought versus 12.80M sold, contributing to a -327K ACA inflow.

The presence of strong large buy orders hints at potential accumulation by whales, which could be a bullish indicator. Meanwhile, the selling pressure from medium and small orders suggests that.

#AcalaNetwork #Polkadot

$ACA /USDT Analysis
📉 Price: $0.0569 (-3.89%)
📊 High/Low: $0.0594 / $0.0567
📉 Recent Drop: $0.0455
📈 Recent Peak: $0.0840

Price is stuck between $0.056 - $0.060
Break above $0.060 = Possible move to $0.065+
Drop below $0.050 = Risk of falling to $0.045 or lower
Volume is low, meaning no strong trend yet.

A few months ago, @Acala partnered with Fufuture and to celebrate this partnership, they hosted a trading competition that ran for a month. Participants traded perpetual options on the Fufuture platform using $BTC - $ACA or $ETH - #ACA as the underlying assets, and the competition ended on January 5th.
The competition is now live again and will run until March 3rd. It features a competitive prize pool and is open to all traders.

The LOTY token is now live on @Acala DEX, and the pools are active. A portion of LOTY will be periodically burned with every lottery played. Additionally, playing PolkaLottery on #Acala contributes to $ACA burns, gradually reducing supply and supporting long-term sustainability.

Currently, PolkaLottery on Acala offers one of the most cost-efficient experiences compared to other #Polkadot Relay Chain.

The $ACA is on the move!
Up +7.66% today, breaking resistance and eyeing new highs. Will the momentum continue?
Let's see what happens this week 🔥

Some days back, I came across a proposal to register LOTY token on #AcalaNetwork that proposal has been passed and the Polkalottery's token, LOTY, is set to launch on @Acala this Monday, February 10th! The $DOT - LOTY & USDT-LOTY pools will introduce 1M LOTY and $68,369 in liquidity. Some exciting updates are also on the way.
#Polkadot

The aSEED Vault is now live for redemptions. Holders can redeem aSEED for treasury assets, with the current redemption rate set around 37 cents per token. The assets backing aSEED include KAR and staked LKSM, meaning that as the value of these underlying assets grows, the intrinsic value of each aSEED could also increase.

In addition, the proposal for staged KAR injections has been approved. This move is designed to strengthen aSEED’s collateral support, help stabilize its price, and potentially improve its market value over time. By periodically adding KAR to the vault, the ecosystem is working to maintain a robust asset base and create a more stable environment for aSEED holders.

Initially launched on Karura, #Acala sister chain and innovation testbed— this redemption mechanism is an important step in further integrating the networks. The learnings and refinements from Karura are expected to pave the way for a similar rollout on @Acala in the coming weeks, as the ecosystem continues to evolve.
#Polkadot

Few months ago, #Acala teased the possibility of a new token coming to Euphrates, dropping a hint: “It’s yellow 🟡.”

Fast forward to the latest Acala Buzz, and there’s an update though not the one many expected. The integration was initially projected to go live around this time, but complications with providers have caused a delay. There’s one key step left to clear before things can move forward.

The wait continues, but one thing is clear: Acala is still working to make it happen.
Bringing this to @Acala Euphrates adds more utility to it. I’m here to see what’s next for $ACA and $DOT

The $ACA /USDT is consolidating after a sharp price movement. Traders are watching closely for a potential breakout. Will the range hold, or is a move imminent?

♦️ Current Price - $0.0747
♦️ Range →$0.0710 - $0.0771
♦️24H High/Low: $0.0771 / $0.0726
♦️24H Volume: 36.84M ACA

How are you positioning yourself in this setup? 📈📉 #Crypto