This article will analyze the ACE coin according to www.coinmarketcap.com data. First, we will discuss the ACE coin and its projects and make technical and graphic analyses. The information and comments contained herein are not investment advice. Please do not invest based on this information.
What is ACE Coin?
Sean and Angela Kim founded ACENT. Besides having nine years of IT experience, Sean is the founder of the hong kong DECENTERNET Association. Sean is the developer of OCEAN and ODIN technologies. Sean Kim is sitting in the CEO seat of the project. ACENT is a blockchain project that delivers the speed needed to handle heavy data loads and a triple-A gamified web 3.0 experience optimized for meta-application deployment. The native token of the ACENT project, which creates pioneering models and products as end users widely adopt blockchain technology, is the ACE coin. ACE coin is a cryptocurrency used as the local currency for the economic activities of ACENT products and links the ecosystem with the sub-tokens of other platforms.
What are the Projects of ACE?
ACENT aims to provide user-centered internet technology services by creating a token economy that combines a blockchain-based web 3.0 browser and tokens. It gained capabilities to directly respond to its target using a token economy that combines a web 3.0 browser and token.
Creating pioneering models and products for the widespread adoption of blockchain technology, ACENT offers a unique product ecosystem with a token economy model that distinguishes it from its competitors. While protecting the privacy of internet users with the ACENT browser, its portal opens to the world of Web 3.0 and manages to eliminate the problems of using decentralized applications and blockchain-related services.
ACE Coin Advantages
– It simplifies deployment and development processes by solving the scalability problem for decentralized web applications.
– Its unique architecture eliminates the problems in developing industrial-grade decentralized applications.
– Metaverse, digital wallet, web 3.0 browser, etc. It has tools and applications developed for popular blockchain technologies.
– Acent browser ensures user privacy and is censorship resistant.
– ACE token users can earn passive income with the reward system.
– Various uses in the ecosystem area support the ACE token.
ACE coin disadvantages
– The ACE token is listed on a limited number of cryptocurrency exchanges.
– The maximum ACE supply of 2 billion units is inflationary.
– It has strong competitors in some areas of activity (metaverse).
– The ACE token poses a high risk for investment due to the extreme price volatility..
Features that make the ACE project unique
– It provides the speed needed to handle heavy data loads and deliver a triple
-A gamified web experience optimized for meta-application delivery.
– AGENT; Acent web 3.0 browser serves blockchain adoption by offering innovative technologies such as agency mainnet, metal wallet, liberty metasearch engine, DAPStore, and your earth meta-universe.
ACE coin 2023 review
When we look at the ACE coin comments, we see that it is a very new project, and if they can realize the projects they want to do, they can change many things in the cryptocurrency exchange. If they can set up their metaverse universe as they wish and direct investors and users to their platforms, we can see the price of the ace coin at very high levels in the future.
ACE Coin Technical Analysis
ACE Token hit its highest level of $0.90 in May 2021. Two years later, in May 2023, it reached its lowest at $0.0030. Its current price is at $0.0044, the 50-day moving average.
Technically, a falling channel has been formed on a weekly basis. The upward break of the track is about $0.0070. For a breakout, the first horizontal resistance point is $0.021.
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