The world’s largest crypto alternate 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 vital curiosity much like different top Solana meme coins within the crypto neighborhood after itemizing on the crypto alternate.
Binance Lists AI Prophecy and Peanut the Squirrel Tokens
According to Binance official announcement, the alternate will open spot buying and selling for ACT and PNUT beginning November 11. Users can commerce these cash in ACT/USDT and PNUT/USDT pairs. Withdrawals might be open from November 12, including liquidity choices for each tokens. This sparked an enormous leap in ACT and PNUT value.
Both ACT and PNUT listed with Binance Seed Tag utilized, indicating they arrive with increased volatility and threat. 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 alternate.
However, customers in sure areas, together with the United States, Canada, and the Netherlands, might be restricted from buying and selling ACT and PNUT. These limitations comply with compliance efforts to fulfill regional rules and guarantee consumer security.
Listing Sparks Concerns in Crypto Market
Experts resembling Leonidas warned that Binance has changed into a “pump and dump” engine that’s knowingly harming retail buyers and creating an unhealthy meme coin market. Whales and large buyers often buy and promote these tokens after a number of hours and week trapping small buyers, some crypto individuals claimed.
ACT value is presently 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% during the last day, indicating sturdy market curiosity.
Meanwhile, 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 enhance in ACT value aligns with the continuing meme coin season. The pattern not too long ago noticed Dogecoin rise to the sixth position, surpassing XRP and USDC.
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