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What is ABBC Coin (ABBC)?

ABBC Coin basic info

Name:ABBC Coin
Ticker:
Introduction:

What Is ABBC Coin?

ABBC Coin is a cryptocurrency that emerged as part of the ABBC blockchain ecosystem, initially created in 2017 by Jason Daniel Paul Philip. This blockchain platform was designed to enhance online retail experiences, particularly for small and medium-sized enterprises, as well as advertising platforms. ABBC Coin stands out for its full-stack ecosystem, which includes a blockchain explorer, mobile wallets for iOS and Android, a desktop app, and a web interface​​.

ABBC's blockchain facilitates up to 5000 transactions per second, supports instant transactions, and ensures immediate block propagation. This performance is achieved through its migration to EOSIO technology and adoption of the DPoS (Delegated Proof of Stake) consensus mechanism, which offers efficient and secure application operation independent of token price fluctuations​​.

Resources

Whitepaper: https://abbccoin.com/whitepaper.pdf

Official Website: https://abbccoin.com/

How Does ABBC Coin Work?

The ABBC blockchain operates on a DPoS consensus, reducing computational resources compared to proof-of-work systems and fostering community participation. This approach creates additional revenue opportunities for technology-savvy members. Block Producers (BPs) play a crucial role in this ecosystem. Twenty-one unique BPs are selected through automated voting, ensuring the smooth operation of the network​​.

To become a block producer, candidates must demonstrate the ability to run secure and reliable servers, operate a full node, and offer API endpoints. They are also expected to contribute to the community and uphold high standards of ethics and dispute resolution. This selection process underscores the platform's commitment to diversity, decentralization, and technological robustness​​.

ABBC's blockchain employs a unique liquid democracy voting system, allowing token holders who stake ABBC coins to vote for up to 30 block producer candidates. The rewards for block producers are distributed based on the percentage of votes received, ensuring an equitable system for both active and standby producers​​.

What Is ABBC Token?

ABBC is the main token of the ABBC ecosystem. Originally named Alibabacoin, ABBC Coin underwent a name change in March 2019 due to a legal conflict with the Chinese e-commerce conglomerate Alibaba. The token empowers its holders to influence the ABBC platform's evolution by assigning their voting rights to selected block producers. It has a total supply of 1.5 billion, with a circulating supply of over 1.47 billion tokens.

What Determines ABBC Coin’s Price?

The price of ABBC Coin, like any cryptocurrency, is influenced by a combination of market dynamics and technological factors unique to its blockchain ecosystem. One primary factor is the utility and adoption of the ABBC platform, particularly in online retail and advertising sectors. The more widely ABBC Coin is used for transactions within these industries, the higher its demand, potentially driving up its price. The platform's ability to handle up to 5000 transactions per second and provide instant transactions also plays a significant role in its appeal to users, impacting its valuation in the cryptocurrency market.

Market sentiment and broader trends in the cryptocurrency market also play a significant role. Investor perceptions of the potential growth of ABBC Coin, influenced by the blockchain's performance, security features, and adoption in its target markets, contribute to its price movements. Furthermore, macroeconomic factors such as regulatory changes, shifts in the global economy, and trends in the wider cryptocurrency market, including the performance of major coins like Bitcoin and Ethereum, can indirectly affect the price of ABBC Coin.

For those interested in investing or trading ABBC Coin, one might wonder: Where to buy ABBC? You can purchase ABBC on leading exchanges, such as Bitget, which offers a secure and user-friendly platform for cryptocurrency enthusiasts.

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Current price:
All-time high:$2.05
All-time low:$0.005399

ABBC supply and tokenomics

Circulating supply:1,223,225,000 ABBC
Total supply:1,225,109,278.96 ABBC
Max supply:1,225,109,279 ABBC
Market cap:$6.95M
Fully diluted market cap:$6.96M

Links

Buy ABBC Coin for $1Buy ABBC now

What is the development prospect and future value of ABBC?

The market value of ABBC currently stands at $6.95M, and its market ranking is #1221. The value of ABBC is not widely recognized by the market. When the bull market comes, the market value of ABBC may have great growth potential.

As a new type of currency with innovative technology and unique use cases, ABBC has broad market potential and significant room for development. The distinctiveness and appeal of ABBC may attract the interest of specific groups, thereby driving up its market value.

What will the price of ABBC be in 2025?
Based on ABBC's historical price performance prediction model, the price of ABBC is projected to reach $0.01234 in 2025.
What will the price of ABBC be in 2030?
In 2030, the ABBC price is expected to change by -10.00%. By the end of 2030, the ABBC price is projected to reach $0.01898, with a cumulative ROI of +243.60%.
Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of ABBC and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

Is ABBC worth investing or holding? How to buy ABBC from a crypto exchange?

If you want to buy ABBC, the following information may be helpful for your investment decisions:
In the last 7 days, the price of ABBC has fallen by -0.19%, leading to negative returns for most ABBC investors. The market is currently pessimistic about the price trend of ABBC.
It is important to note that the current price of ABBC has retreated by -99.72% from its all-time high. This coin is currently considered high-risk, and while its price may rebound in the future, there is significant uncertainty.
Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.
To decide whether ABBC is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.
Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in ABBC or any cryptocurrency comes with certain risks and uncertainties.
Regardless of your outlook on the development prospects and future trends of ABBC, if you want to buy or sell ABBC, you can consider Bitget for your trading needs. The best place to buy ABBC is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.
Investing in ABBC Coin has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy ABBC Coin. Here's a step-by-step guide on how to buy ABBC Coin on Bitget.

How to get ABBC Coin through other methods?

Using cash to buy ABBC Coin is not the only way to obtain ABBC Coin. If you have the time to spare, you can get ABBC Coin for free.
Learn how to earn ABBC Coin for free through the Learn2Earn promotion.
Earn free ABBC Coin by inviting friends to join Bitget's Assist2Earn promotion.
Receive free ABBC Coin airdrops by joining ongoing challenges and promotions.
All crypto airdrops and rewards can be converted to ABBC Coin through Bitget Convert, Bitget Swap, or spot trading.

What is ABBC Coin used for and how to use ABBC Coin?

The use case of ABBC Coin may expand as the crypto market and the project itself develop. Currently, you can use ABBC to achieve the following goals:
Arbitrage by trading ABBC: Since ABBC is a frequently traded cryptocurrency, the price of ABBC is always fluctuating. Earn more ABBC by buying low and selling high on the exchange. Bitget spot market provides a variety of ABBC trading pairs to fully meet your needs.
Earn by staking ABBC: You can also generate income through financial management methods such as staking ABBC or lending ABBC. Bitget Earn offers a variety of financial products designed to help you earn more income from your ABBC.
Send or pay ABBC: If you want to give ABBC to your friends, a charity, or a fundraiser, or you want to pay someone with ABBC, you can quickly and easily send ABBC to the recipient through their payment address.
You can also go to the official website of the ABBC Coin project to learn more about the use cases of ABBC. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

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