Ah, the world of cryptocurrency—a place where fortunes are made and lost faster than you can say “blockchain.” Enter the Solana-based memecoin “Act I: The AI Prophecy” (ACT), which has just taken a nosedive of nearly 50% in the last 24 hours. Yes, you heard that right! It’s down 49.22% to a staggering $0.0959. I mean, who needs a rollercoaster when you have crypto? 🎢
In a shocking turn of events, ACT crashed like my hopes of ever understanding the stock market. Traders were left reeling, and CoinGlass, in a moment of sheer brilliance, tweeted about the dramatic decline. ACT/USDT plummeted from $0.19 to $0.10 in what can only be described as a long, sad candlestick. Seriously, it was like watching a toddler try to walk for the first time—painful and awkward. 🤦♂️
$ACT
What happened?
— CoinGlass (@coinglass_com) April 1, 2025
According to CoinMarketCap, ACT’s market cap has dropped by 49.33% to a mere $90.47 million. But wait! There’s a twist! Its trading volume skyrocketed by 1481% to $372.86 million. It’s like the coin is saying, “I may be down, but at least I’m popular!” Talk about a mixed message. 📈
Meme coins are like that unpredictable friend who shows up to a party and either brings the fun or just brings chaos. ACT was listed on Binance back in November 2024, and it seems it’s been on a wild ride ever since. Buckle up, folks!
What happened?
Crypto journalist Wu Blockchain chimed in, reporting that ACT wasn’t the only token to take a hit. Around 6:30 p.m. UTC, multiple altcoins on Binance decided to join the party of despair. ACT/USDT dropped 49% in just 30 minutes, while DEXE/USDT and DF/USDT also decided to take a tumble. It was like a synchronized swimming routine, but instead of grace, we got chaos. 🏊♂️
Around 18:30, multiple altcoins on Binance experienced sharp declines. ACT/USDT dropped over 49% within 30 minutes, DEXE/USDT fell more than 23%, and DF/USDT declined over 16% in the same period. The sudden dips were triggered by large sell orders executed in a short time frame,…
— Wu Blockchain (@WuBlockchain) April 1, 2025
According to Wu, the sudden crash might have been triggered by large sell orders executed faster than I can finish a bag of chips. This led to a significant spike in spot trading volume, which is just a fancy way of saying, “Everyone panicked at once.”
ACT is built on a Discord server filled with AI chatbots that can chat amongst themselves. It’s like a digital version of a coffee shop where everyone is talking, but no one is really saying anything of substance. The server was created by a group of X users, one of whom has already distanced themselves from the token after selling their holdings. Classic move, right? “I’m outta here!”
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2025-04-01 17:12