Home > web3.0 > body text

What is the total amount of ACH issued? An article introducing the ACH coin project

王林
Release: 2024-07-26 15:05:01
Original
472 people have browsed it

The total issuance of ACH tokens is 100,000,000,000 ACH, which is used for transaction fees, governance, staking and incentives, and is distributed to the team, investors, community and ecosystem.

What is the total amount of ACH issued? An article introducing the ACH coin project

Total ACH issuance

As of July 2023, the total issuance of ACH tokens is 100,000,000,000 ACH.

ACH Coin Project Introduction

Background

ACH is a utility token based on the Ethereum blockchain, created by the AllianceBlock protocol. AllianceBlock aims to promote interoperability between blockchains by connecting multiple blockchains into a single ecosystem.

Uses of ACH

ACH tokens have multiple uses within the AllianceBlock ecosystem, including:

  • Transaction Fees: Use ACH tokens to pay transaction fees on the AllianceBlock network.
  • Governance: ACH holders can participate in AllianceBlock’s governance process and vote on the future development of the protocol.
  • Staking: ACH holders can earn rewards by staking their tokens on the network.
  • Incentives: ACH is used to reward validators and developers on the AllianceBlock network.

ACH Distribution

The total supply of ACH tokens will be distributed as follows:

  • 35%: Team and Advisors
  • 25%: Seed Investors
  • 20%: Private Equity Investors
  • 20%: Community and Ecosystem

Market Performance of ACH

The ACH token has been underperforming in the cryptocurrency market since its launch in September 2021. As of July 2023, the token’s price is well below its initial issuance price. However, ACH remains an important part of the AllianceBlock ecosystem, and its future development is worthy of attention.

Alchemy Pay (ACH) Latest Price Change Analysis

Current Price: 0.02489 USD
24 Hour Trading Volume: 13.44 Million USD
Market Cap: 197 Million USD

Latest Changes:

The price of Alchemy Pay has increased by approximately 4.54% in the past 24 hours.

Price Moving Factors:

This price increase may be driven by the following factors:

  • General optimism about the cryptocurrency market
  • The announcement of new features and partnerships within the ACH ecosystem

Future trend analysis:

ACH’s future price trend is still uncertain. However, current market sentiment and drivers suggest continued gains are likely in the short term.

Recommendation:

Investors should carefully assess their risk tolerance and conduct their own research before investing in any asset. For investors looking for exposure, ACH may be worth considering.

Short-term trend forecast:

In the short term, ACH price is expected to continue to fluctuate, but may remain at current levels or rise slightly.

Indicator:

  • Circulation volume: 7928448718.0871
  • Maximum supply: 10 billion
  • Total supply: 7928448718.0871
  • Circulation market capitalization: 197 million US dollars

The above is the detailed content of What is the total amount of ACH issued? An article introducing the ACH coin project. For more information, please follow other related articles on the PHP Chinese website!

source:php.cn
Statement of this Website
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn
Popular Tutorials
More>
Latest Downloads
More>
Web Effects
Website Source Code
Website Materials
Front End Template