Acet (ACT) is a unique type of cryptocurrency that seeks to address the issue of token oversupply, a prevalent issue in the digital asset space. It operates on the principle of 'Zero Initial Supply', meaning that no tokens are pre-issued or pre-minted at the start of the project. Instead, the supply of ACT tokens is determined solely by the demand of token builders, striving to ensure a balance between supply and demand. ACT is a Decentralized Fans Financial Token (DeFansFi Token), a new asset class that combines the concepts of Fans Tokens and Decentralized Finance (DeFi). It is designed to allow individuals and business sectors to participate in the growing digital economy.

ACT operates on a blockchain network known for its fast transaction times and low fee structure. The first ACT token is created when a token builder stakes a certain amount of assets in a Smart Contract, receiving ACT as a staking reward. The conditions and rewards for staking vary by each contract. ACT tokens can be traded on Decentralized Exchanges (DEXs) on a blockchain network or BEP-20 system, providing easy accessibility for users worldwide. To prevent inflation and maintain market equilibrium, a burning mechanism is applied to decrease the supply of ACT tokens.

ACT tokens can be used in a variety of ways. Token holders and businesses that accept ACT can transact with the token. ACT can also be staked to receive rewards, with the amount determined by the conditions of the staking contract. Additionally, ACT tokens can be used to provide liquidity on Decentralized Exchanges (DEXs), allowing users to receive specific tokens as a reward. These tokens can then be converted into other currencies, such as fiat currencies. ACT seeks to be a globally-used digital token in the growing digital economy.

ACT was initiated by Acme Traderist, an experienced trader in the world financial market. The project was launched with the concept of 'Zero Initial Supply', a unique approach in the cryptocurrency space. This concept was designed to tackle the issue of token oversupply, a common problem in many DeFi platforms. ACT is a Decentralized Fans Financial Token (DeFansFi Token), a new type of asset that combines the concepts of Fans Tokens and Decentralized Finance (DeFi). The project seeks to allow individuals and business sectors to participate in the growing digital economy through the use of ACT tokens.

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

The current market cap of Acet is CA$6.606M. A high market cap implies that the asset is highly valued by the market.

The all-time high of Acet is CA$2.41. This all-time high is highest price paid for Acet since it was launched.

Over the last 24 hours, the trading volume of Acet is CA$3.734K.

Assets that have a similar market cap to Acet include Crown by Third Time Games, Devve, Taiwan Semiconductor Manufacturing Tokenized Stock (Ondo), and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Acet is 1.3 billion.