ABBC

ABBC CoinABBC

Rank #156
Coin
On 12,825 watchlists

ABBC Coin Price (ABBC)

$0.2079
6.91%

0.000004247 BTC5.61%

0.0001356 ETH6.88%

Low:$0.1887
High:$0.21
24h
ABBC  ABBC Coin ABBCPrice: $0.2079 6.91%
Market Cap
$171,225,151
6.91%
Fully Diluted Market Cap
$311,880,095
6.91%
Volume
24h
$37,757,755
16.84%
Circulating Supply
823,514,327 ABBC
55%
Max Supply
1,500,000,000
Total Supply
1,500,000,000
 

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ABBC

ABBC Coin

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USD

United States Dollar

ABBC Price Statistics

ABBC Coin Price Today
ABBC Coin Price$0.2079
Price Change24h$0.01344
6.91%
24h Low / 24h High
$0.1887 /
$0.21
Trading Volume24h$37,757,755.19
16.84%
Market Dominance0.01%
Market Rank#156
ABBC Coin Market Cap
Market Cap$171,225,150.86
6.91%
Fully Diluted Market Cap$311,880,094.85
6.91%
ABBC Coin Price Yesterday
Yesterday's Low / High
$0.1932 /
$0.2168
Yesterday's Open / Close
$0.2135 /
$0.1952
Yesterday's Change

8.6%

Yesterday's Volume$44,807,607.13
ABBC Coin Price History
7d Low / 7d High
$0.1838 /
$0.2203
30d Low / 30d High
$0.1286 /
$0.2424
90d Low / 90d High
$0.1286 /
$0.3465
52 Week Low / 52 Week High
$0.06183 /
$0.7354
All Time High
Oct 25, 2018 (2 years ago)
$2.05
89.88%
All Time Low
Dec 06, 2018 (2 years ago)
$0.02935
608.39%
ABBC Coin ROI

43.35%

ABBC Coin Supply
Circulating Supply823,514,327 ABBC
Total Supply1,500,000,000 ABBC
Max Supply1,500,000,000 ABBC
 

About ABBC Coin

The live ABBC Coin price today is $0.207920 USD with a 24-hour trading volume of $37,757,755 USD. ABBC Coin is up 6.91% in the last 24 hours. The current CoinMarketCap ranking is #156, with a live market cap of $171,225,151 USD. It has a circulating supply of 823,514,327 ABBC coins and a max. supply of 1,500,000,000 ABBC coins.

The top exchanges for trading in ABBC Coin are currently BitZ, CoinTiger, CoinBene, ZBG, and RightBTC. You can find others listed on our crypto exchanges page.

What Is ABBC Coin (ABBC)?

ABBC is a blockchain platform that enables secure payment transactions, helping to facilitate retail adoption of cryptocurrencies and make shopping online with digital assets a safer, more enjoyable experience for end-users.

The platform offers three main products: a multi-platform wallet capable of supporting Bitcoin (BTC) and Ethereum (ETH), in addition to a variety of other native cryptocurrencies and ERC-20 tokens; an online shopping application that can be used to shop at over 50 online retailers with cryptocurrencies; and a cryptocurrency exchange platform that offers secure trading and low transaction fees.

The ABBC Coin was created to give holders the ability to govern the development of the ABBC platform by delegating voting power to chosen block producers (BPs) — who are then able to vote on governance proposals. These governance proposals can be on a range of topics but might include launching strategic partnerships, implementing new features or expanding ABBC's services to new regions. Beyond this, ABBC Coins were created as a reward system for online shoppers and can be staked for regular rewards.

ABBC is currently based on the EOSIO blockchain, which enables it to achieve up to 5,000 transactions per second (TPS) while remaining environmentally friendly due to its energy-efficient delegated proof-of-stake (DPoS) consensus mechanism.

ABBC Coin was initially known as Alibabacoin but changed its name in March 2019 following a dispute with Chinese multinational e-commerce giant Alibaba.

Who Are the Founders of ABBC Coin (ABBC)?

ABBC coin was co-founded by Jason Daniel Paul Philip, the platform’s current CEO, in combination with Hasan Abbas, its current CTO.

Jason Daniel Paul Philip is an experienced full-stack developer, and an expert in both Javascript and C#, as well as an accomplished blockchain developer, who also holds the role of M&A manager at TNC Group — a blockchain service solution provider. On the other hand, Hasan Abbas doesn’t have much of an online presence, and his background is unknown.

Arben Kane is ABBC’s global chief strategy officer and also both founder and CEO of Kontur, a global provider of SaaS-based critical event management solutions. G.W Lee is the CSO of ABBC Coin and Zeeshan Javeed leads the ABBC foundation technological development and solutions.

The entire team of ABBC has 23 members in its blockchain developer team, 15 individuals in its marketing team, four in its blockchain security team and three in its finance team.

What Makes ABBC Coin (ABBC) Unique?

The main mission of ABBC is to facilitate fast, efficient and secure online retail through the utilization of blockchain technology. Small to medium-size marketplaces can greatly benefit from the reduction in the payment processing fees and access to additional global markets offered by ABBC Coin, according to their team.

Although ABBC started out as a fork of Bitcoin (BTC), it transitioned to the EOSIO blockchain in August 2019. The central benefit of the EOSIO software is that the amount of bandwidth available is independent of the token price, making it suitable for scaling platforms like ABBC Coin.

Moreover, ABBC is focused on achieving full decentralization through community governance. In addition to the current team, holders of the ABBC Coin token have voting power which can be delegated so others can vote on their behalf. Block producers (BP) can vote on ABBC’s governance proposals, helping to shape the development and future of ABBC Coin.

Check out PumaPay (PMA), a popular crypto payment solution for merchants.

Take a look at EOS, the native asset to the EOSIO blockchain.

Get up to speed with popular crypto terms with the CoinMarketCap Crypto Glossary.

Read the latest market trends and insights at the CoinMarketCap Blog.

How Many ABBC Coins (ABBC) Are There in Circulation?

ABBC Coin has its total supply set at a maximum of 1,423,973,934 ABBC. As of writing, just under half of this is currently in circulation.

Unlike many blockchain projects, ABBC Coin has a relatively simple token distribution schedule, with 80% of tokens created during the token generation event (TGE) allocated to investors and 20% to the project authors and team. The exact information about how these tokens will be distributed, or under which conditions they will be used by the ABBC Foundation and team has not been made publicly available as of November 2020.

The project conducted an initial coin offering (ICO) in 2018, raising ~$3.5 million by selling ABBC Coins at a price of 0.00025 BTC per token—equivalent to roughly $1.60 each at the time of the sale.

How is the ABBC Coin (ABBC) Network Secured?

ABBC Coin was initially forked from Bitcoin, but later transitioned to the EOSIO blockchain. As a result, it now utilizes the EOSIO DPoS consensus algorithm to secure its network. This algorithm can validate transactions faster and more efficiently than its original proof-of-work (POW) consensus algorithm and also benefits from stake-weighted voting capabilities, enabling community-driven development and growth for ABBC Coin.

With ABBC Coin, any token holder can vote for block producers (BPs) who are tasked with achieving consensus with other BPs, helping to ensure the network remains secure and that only valid transactions are confirmed. By allowing the community to vote to add, change or remove block producers, ABBC gives token holders the opportunity to empower entities they believe will work in the best interests of the network.

Where Can You Buy ABBC Coin (ABBC)?

ABBC has been publicly trading since 2018 and is now listed on a wide variety of exchange platforms, including BitMax, Bithumb and Hotbit. As it stands, ABBC is only available to trade against Bitcoin (BTC), Ethereum (ETH) and Tether (USDT) — there are currently no fiat trading pairs available for ABBC Coin.

To purchase other cryptocurrencies with your debit or credit card, check out our simple guide — here.

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