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Market

Market stats

Market cap

$1.4M

Volume (24h)

$157,027.23

Circulating supply

1.0B ACT

All time high

$1.39

Price change (1h)

+1.77%

Price change (24h)

+1.75%

Price change (7d)

+8.58%

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Achain is on the rise this week.

The price of Achain has risen by 8.58% in the past 7 days. The price increased by 1.75% in the last 24 hours. In just the past hour, the price grew by 1.77%. The current price is $0.0014 per ACT. Achain is 99.90% below the all time high of $1.39.

The current circulating supply is 999,999,997.991 ACT.

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About

What Is Achain? (ACT)

Achain is a platform based on blockchain that facilitates developers of all levels to issue tokens, create smart contracts, build decentralized applications(dapps) and blockchain systems. The platform aims to build a global blockchain network for information exchange and value transactions.

The platform was created to put safety, stability, and scalability in the first place to build an ecosystem where people are directly connected, trusted, collaborative, peer-to-peer-exchanged, and value-driven under social consensuses. Also, the forum works on the Delegated Proof-of-Stake (dPoS) consensus mechanism.

As per its whitepaper, the network seeks to resolve the following issues:

  • Security risks associated with smart contracts where users may lose their digital assets during hacker attacks.

  • Issues with co-operations and interconnections of different blockchain platforms of different fields of application.

  • Low transaction performance than the centralized systems, etc. As a result, the platform is a user-friendly, low-cost, and customizable blockchain network.

In addition, the network has a smart sandbox mechanism, wherein any released contracts should be test-run in the smart sandbox in the first place to be automatically tested in case of loopholes. Then the system determines by itself if the newly written contract qualifies to be uploaded to the platform.

Besides using the conventional principle of smart contract, which enables just data access within blockchain networks, Achain rebuilds it into one that allows data interaction between the blockchain system and outside networks.

The platform’s applications involve supply chain finance. It allows businesses to extend their payment terms to their suppliers while allowing their large and SME suppliers to get paid early. The network facilitates enterprises and financial institutions to rebuild a credit system to optimize the efficiency of supply chain finance.

ACT is the ecosystem’s native digital token. Holders get access to all basic blockchain services such as smart contract release, network dividing, etc.

History of Achain (ACT)

The platform was founded by Tony Cui in 2015. He is also the founder of Goopal. He started as an early investor in blockchain and is an industry veteran. 

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Reading List

News

CoinDesk • Jun 05, 23

Atomic Wallet Users Hacked for $35M Worth of Bitcoin, Ether, Tether and Other Tokens

Atomic Wallet said Monday that “less than 1%” of its monthly active users were impacted in the weekend breach.

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CoinDesk • Jun 05, 23

First Mover Asia: Why Did Bitcoin's Price Hold Above $27K Over the Weekend? Two Analysts Expect Continued Resilience

ALSO: The bitcoin options put/call ratio across exchanges has sunk to 0.47, suggesting that fewer investors are seeking downside protection against price declines than they had prior to the passage of a bill to raise the U.S. debt ceiling.

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Blockworks • Jun 04, 23

Uniswap Fee Feedback Vote Failed Because It Was ‘Structured Incorrectly’

In a Uniswap community poll, a split vote scenario was enough to hold back a proposed Uniswap V3 fee switch that had seen popular support.

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CoinDesk • Jun 02, 23

Crypto Lender Celsius’ $800M Ether Staking Shake-Up Stretches Ethereum Validator Queue to 44 Days

The embattled crypto lender’s ETH staking maneuver could potentially lengthen the waiting time to activate new validators in the Ethereum network to 44 days, one observer noted.

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CoinDesk • Jun 02, 23

Mercado Bitcoin, Brazil's Largest Crypto Exchange, Receives License as a Payment Institution

The company plans to offer financial services that combine the potential of crypto with traditional financial services.

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CoinDesk • Jun 02, 23

Marathon Digital Mined 77% More Bitcoin in May With the Help of Its Software

The miner's bitcoin production per unit of computing power was low in April.

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BeInCrypto • Jun 02, 23

Litecoin (LTC) Price Targets $100 Amidst Flat Market Conditions

The Litecoin (LTC) price broke out from a diagonal resistance line, accelerating its rate of increase and outperforming the crypto market. The Litecoin (LTC) price broke out from a diagonal resistance line, accelerating its rate of increase and outperforming the crypto market.

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FAQ

What is the current price of Achain?

We update our Achain to USD currency in real-time. Get the live price of Achain on Coinbase.

What is the market cap of Achain?

The current market cap of Achain is $1.35M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Achain?

The all-time high of Achain is $1.39. This all-time high is highest price paid for Achain since it was launched.

What is the 24 hour trading volume of Achain?

Over the last 24 hours, the trading volume of Achain is $157.03K.

What other assets are similar to Achain?

Assets that have a similar market cap to Achain include Polychain Monsters, OneArt, Xaurum, and many others. To see a full list, see our comparable market cap assets.

How many Achain are there?

The current circulating supply of Achain is 1 billion.

Can I buy Achain on Coinbase?

No, Achain is not currently available on Coinbase, but you can sign up to get the latest news on Achain and be notified when it gets added to our exchange.