ACU surges 75% in 24 hours: From obscurity to exchange favorite, what is the driving force behind it

According to the latest market data, ACU (Acurast) surged by 75.91% in the past 24 hours, currently trading at $0.13, with a high of $0.18. The 24-hour trading volume reached $63.1 million. This newly launched coin on January 20th completed its transition from cold start to market hotspot within two days. Behind this rapid rise is not only speculative enthusiasm but also reflects the significant role of exchange ecosystem empowerment in promoting new tokens.

The Three Driving Forces Behind the Rise

Trading ecosystem enhancement leads to liquidity explosion

Gate’s support for ACU far exceeds that of ordinary new tokens. The platform not only launched spot trading but also quickly introduced derivatives such as perpetual contracts, leveraged lending, and unified account lending, supporting 1-20x leverage trading. Additionally, it offers diversified tools like trading bots, copy trading, and dollar-cost averaging. This comprehensive trading ecosystem allows investors with different risk preferences to find ways to participate, directly boosting market liquidity and trading activity.

Flash exchange platform lowers entry and exit barriers

Launched on January 20th, Gate’s flash exchange feature is another acceleration point. Users can exchange over 2,200 cryptocurrencies for ACU with one click, with zero fees. Although this feature seems simple, it significantly reduces user entry and exit costs and operational complexity, facilitating rapid expansion of the user base.

Financial products enhance asset stickiness

The launch of YuBiBao financial management, and both current and fixed-term collateralized lending, provides holders with passive income channels. For long-term optimistic investors, such products can increase holding willingness and reduce selling pressure.

Fundamental Aspects Worth Noting

Acurast, the project behind ACU, is a DePIN (Decentralized Physical Infrastructure) project that aims to build a decentralized computing network using idle smartphones worldwide. This sector has gained widespread attention in 2024. The project itself has strong funding—approximately $16.5 million in total, with notable investors including Gavin Wood, Tezos Foundation, and other reputable institutions.

Regarding token distribution, the total supply is 1 billion tokens, with an initial circulation of about 21.5%. Community, team, and treasury each account for 24%, with a relatively reasonable long-term lock-up design. Based on the public offering price of $0.09, the current price of $0.13 indicates about a 44% increase.

True Reflection of Market Performance

The high trading volume and rapid market cap growth indicate this is not a false boom but genuine capital inflow. However, it’s important to note that new tokens tend to be highly volatile; rapid rises and quick corrections are normal.

Future Directions to Watch

From an ecosystem perspective, ACU’s infrastructure at the exchange level is already quite solid. The next key factor is the project’s real-world application—whether the decentralized computing network can truly attract developers and users, which will determine the token’s long-term value. Additionally, attention should be paid to the team and investor unlock schedules, as large unlocks could exert downward pressure on the price.

Summary

ACU’s rapid rise results from multiple factors resonating: the improvement of the exchange ecosystem, increased liquidity, project funding support, and the hotness of the DePIN sector. However, the high volatility characteristic of new tokens will not change; future trends depend on project application progress and market sentiment sustainability. From an exchange perspective, Gate’s ecosystem model built for ACU is noteworthy and could serve as a reference for future new token launches.