The world’s largest crypto change Binance on Monday introduced the itemizing of two new meme cash: ACT I: The AI Prophecy (ACT) and Peanut the Squirrel (PNUT). The information has led to main value spikes for each tokens, with ACT value up over 1,300% and PNUT value rising by 250%.
ACT and PNUT gaining important curiosity much like different top Solana meme coins within the crypto group after itemizing on the crypto change.
Binance Lists AI Prophecy and Peanut the Squirrel Tokens
In line with Binance official announcement, the change will open spot buying and selling for ACT and PNUT beginning November 11. Customers can commerce these cash in ACT/USDT and PNUT/USDT pairs. Withdrawals will probably be open from November 12, including liquidity choices for each tokens. This sparked a large soar in ACT and PNUT value.
Each ACT and PNUT listed with Binance Seed Tag utilized, indicating they arrive with greater volatility and danger. ACT I: The AI Prophecy coin provides an AI-themed twist to the meme coin house. Peanut the Squirrel joins ACT as one other playful addition for speculative merchants on the change.
Nevertheless, customers in sure areas, together with the US, Canada, and the Netherlands, will probably be restricted from buying and selling ACT and PNUT. These limitations observe compliance efforts to fulfill regional laws and guarantee person security.
Itemizing Sparks Issues in Crypto Market
Consultants corresponding to Leonidas warned that Binance has was a “pump and dump” engine that’s knowingly harming retail traders and creating an unhealthy meme coin market. Whales and large traders often buy and promote these tokens after a number of hours and week trapping small traders, some crypto individuals claimed.
ACT value is at present buying and selling at $0.35, up 1,300% within the final 24 hours, with a excessive of $0.36 and a low of $0.019. The token’s buying and selling quantity elevated virtually 4000% over the past day, indicating robust market curiosity.
In the meantime, PNUT value trades at $0.37, marking a 250% achieve within the final 24 hours. The 24-hour excessive and low are $0.42 and $0.091, respectively. The 24-hour quantity stands at $306 million, additional showcasing the token’s rising reputation.
The rise in ACT value aligns with the continuing meme coin season. The development not too long ago noticed Dogecoin rise to the sixth position, surpassing XRP and USDC.
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