$ACE Current price $0.268. The price has sharply retraced over 98% from its historical high of $15.659 in December 2023. As a Web3 gaming platform token with an integrated AAA gaming experience, its price is currently in a phase of market reassessment of its underlying value and long-term potential in the gaming ecosystem.
Trade settings
Key buy range: $0.240 - $0.280
Target 1: $0.350
Target 2: $0.450
Target 3: $0.600
Stop loss: below $0.200
Core bullish logic
1. AAA game quality and ecological positioning: Fusionist is a AAA-level Web3 game built with Unity and HDRP technology, providing high-fidelity graphics and an immersive experience, possessing differentiated product strength in the blockchain gaming sector. Its token ACE is the core utility token for the game and the entire Endurance blockchain ecosystem, used for payments, governance, asset purchases, and staking.
2. Strong institutional backing and exchange support: The project has received investments from top institutions such as Binance Labs and Animoca Brands, and was simultaneously launched on both Binance and OKX exchanges, indicating a high level of market attention.
3. Technical rebound potential after a deep decline: The price has dropped over 98% from its historical high, reaching an absolute historical low. When the overall GameFi sector rebounds, it may exhibit significant price elasticity.
Core risk warnings
1. Extreme token concentration and unlocking sell pressure: Token holdings are highly concentrated, with the top five addresses controlling about 77.38% of the supply. Additionally, the total token supply is 147 million, with a current circulation of approximately 84.11 million (accounting for 57.22%), and a large number of tokens remain locked, with future linear unlocking continuing until 2027, creating long-term sell pressure.
2. Extremely high price volatility and speculative risk: As a gaming token, its price volatility is significant, having dropped over 87% in the past year. The market capitalization and trading volume are relatively small, making it susceptible to market sentiment and speculative funds.
3. Early-stage project market competition challenges: The success of Web3 games heavily relies on mass player adoption and retention, and the project still faces intense market competition and uncertainties in its own execution.
Market simulation
If the price holds in the range of $0.240 - $0.280 with significant growth in game users, ecosystem content updates, or an overall improvement in GameFi market sentiment, it may trigger a rebound from the oversold condition, with the primary target being $0.350. Conversely, if the market continues to be sluggish or experiences a sell-off due to unlocking, and the price falls below the $0.200 support level, the downward trend may persist.