$ACA

ACA
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Project fundamentals: ACA is the native utility and governance token of the Acala Network, a Polkadot-based DeFi hub with a DEX, liquid staking, and stablecoin functionality — used for fees, staking, and governance. �
Price action: The token has been in a bearish trend recently, significantly underperforming broader crypto markets, with ongoing downtrend pressure and oversold technicals.
Risks: Exchange warnings (e.g., Binance’s “Monitoring Tag”) and low liquidity increase sell pressure and uncertainty.
Long-term view: Bullish scenarios depend on Polkadot ecosystem growth and DeFi adoption; many models still see bearish sentiment or sideways trading in the near term.