Inactive
gen
xac General Attention Currency
$ 0.03073
0.0518 BTC
180 satoshies
Market Cap
-
24 Hour Trading Vol
1.6906 $
Circulating Supply
-
Total Supply
150,00 MLN.
Max Supply
-
Fully Diluted Valuation
-
Coin Information
This coin is no longer being updated and is inactive. Its information may be updated in the future, but it is not currently active.
Last updated 27 June, 2023
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General Attention Currency Price Statistics
0.03073 $
1.6906 $
#31576
11.53 $
-99.73%
0.01371 $
124.17%
About Coin
The 2016 economic report “On the Value of Virtual Currencies” commissioned by the Bank of Canada, found three contributing components dictating a cryptocurrency’s exchange rate:
The actual use of virtual currency to execute real payments.
The decision of forward-looking investors to buy virtual currency (thereby effectively regulating its supply).
The elements that jointly drive future consumer adoption and merchant acceptance of virtual currency.
XAC Attention Addresses
Attention Addresses are linked to AMARK consumer data and have specific rules enforced by the XAC protocol. There are two key functions of attention addresses:
XAC-LOCK
XAC-Lock is a feature that encourages continued consumer engagement with AMARK. The XAC sent to Attention Addresses is initially locked and becomes available after a maturation period. The XAC attention awards paid to consumers continually matures into availability as new XAC is earned from ongoing attention marketing. This process encourages engagement with AMARK as attention wallets will rarely have a zero XAC balance, giving consumers a consistent flow of value to spend within the ecosystem.
XAC-BURN
XAC-Burn is enforced at the protocol level. All transfers to Attention Addresses require 5% of the XAC transferred to be burned. The XAC -Burn feature is designed to align interests between merchants and consumers in the AMARK ecosystem. Anytime merchants use the AMARK platform for marketing, they are supporting the value of the XAC currency as protocol rules enforces a 5% burn. As such, merchants are effectively scaling the supply of XAC to match the demand from the ecosystem. This supply-side scaling mechanism will offset new coins introduced through block rewards and pressure the price of XAC to an equilibrium reflective of demand from the ecosystem.
What is the highest value General Attention Currency (XAC) has ever reached?
General Attention Currency (XAC) reached its peak price at 11.53 $ on 02 January 2026, approximately a few seconds ago ago. Presently, the current price is -99.73% lower than this all-time high.
What is the historical minimum price for General Attention Currency (XAC)?
The minimum price reached for General Attention Currency (XAC) was 0.01371 $, documented on 02 January 2026, more than a few seconds ago. In comparison, the current price is 124.17%, it above this historical low.
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