ACE Token Drops 2.48% After Token Unlocks and Perpetual Removal, Trading Volume Hits 16.45M ACE

ACEUSDT has experienced a 2.48% decrease over the past 24 hours, with the current Binance price at $0.118. This decline is likely attributed to a combination of factors, including recent token unlocks that raised circulating supply to nearly 96 million ACE, removal of perpetual futures contracts from major exchanges, and lower trading volumes as reported by CoinGecko and other platforms. The recent community engagement event by Fusionist may have supported trading activity, but overall market sentiment remains mixed, with traders focusing on accumulation zones and past volatility risks. ACEUSDT continues to see active trading, with 24-hour volume on Binance Futures reaching 16.45 million ACE (2.02 million USDT) and a market capitalization near $11.29 million.