Memecoins have always been a hot topic. The AI trend is the latest sensation right now. What happens when we combine the hottest trend in history with the current trending topic?
Let’s explore the ACT token – the fusion of memecoin and AI.
ACT Token
ACT Token is the primary asset of the project “Act I: The AI Prophecy,” a community dedicated to disseminating knowledge about artificial intelligence. The project’s mission is to facilitate public access to AI information, ensuring that people understand its potential and risks. Through community-driven initiatives, ACT is committed to bringing AI education closer to everyone.
The project was launched on Pump.fun, the leading Memecoin launchpad on Solana. Following the explosive rise of GOAT, ACT quickly gained prominence within the Memecoin and AI integration space, achieving significant growth before its listing on Binance.
The Team
ACT was originally co-founded by AmplifiedAmp (Amp), who pledged to create a decentralized, community-driven ecosystem. Amp received 6% of the total ACT supply as development funding.
However, instead of contributing to the project, Amp sold this allocation for personal gain, imposing significant pressure on the community to maintain the token’s value. What appeared to be a potentially disastrous action for the ACT community instead strengthened their unity and resolve, distinguishing them from other Memecoins.
Tokenomics
ACT was launched in October 2024 through the Pump.fun platform, with the majority of the issued tokens being purchased by Memecoin investors.
Potential and Challenges
Potential
This project aligns with the Memecoin x AI trend, a narrative that is expected to have significant growth potential in the future, combining the two hottest keywords today.
Challenges
ACT faced considerable controversy when listed on Binance. Some community members questioned, “Why not GOAT—the project leading the Memecoin x AI trend?”
The background of ACT is straightforward. The project handed over governance to the community after the development team sold a portion of the tokens—a common practice in the meme coin space. However, the reasons behind Binance’s decision to list ACT continue to attract substantial interest and discussion.
Why Did Binance List ACT?
With the decision to list a meme token like ACT, many in the crypto community have raised questions about the quality of future projects that will be listed on Binance. Given the plethora of meme tokens out there, why did Binance choose ACT?
Here are a few of our insights:
- Market Demand: The surge in popularity of meme coins combined with AI themes has created a strong market demand for innovative tokens like ACT. This trend highlights a new frontier in the cryptocurrency space where creativity meets technology.
- Price Surge: Upon its listing, ACT experienced a remarkable price surge, capturing the attention of traders and investors. This impressive performance further validated Binance’s decision to support the token.
- Community Support: ACT boasts a dedicated and active community. The strong backing from its supporters likely played a crucial role in Binance’s decision to list the token, as community engagement is a vital indicator of a project’s potential success.
- Strategic Expansion: By listing ACT, Binance has strategically expanded its offerings, particularly in the meme coin and AI sectors. This move allows the platform to cater to a broader audience and stay at the forefront of emerging trends in the crypto market.
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