The ACT coin will announce new project developments on January 7, including a top-notch technology development team, a new CTO leadership, ACT DAO investments, ACT framework, public code repository, a brand new funding/grant process, and integration with leading AI teams. These developments are considered important catalysts for the ACT coin to initiate a new upward trend.
The market performance of the ACT coin is highly volatile. Although it once soared from a market value of $20 million to $200 million, it has recently experienced several crashes, and its current market value is approximately $300 million, with a price around $0.285. Many investors believe that the ACT coin is oversold and is expected to rebound in the short term. However, some analysts also warn investors to be cautious of the downside risks of the ACT coin, especially after breaking below the critical resistance level of $0.37.
Investor attitudes towards the ACT coin are mixed. Some investors believe the ACT coin has strong dual concepts of AI and MEME, holding great potential and suitable for long-term holding. Others express concerns, believing that the ACT coin is highly volatile and needs close monitoring of market dynamics. Overall, most investors remain optimistic about the future development of the ACT coin, especially with the support of Binance.
Compared to other similar MEME coins, such as PNUT and NEIRO, the ACT coin has performed relatively well. These coins experienced significant increases after being listed on Binance but subsequently faced varying degrees of pullback. In contrast, the ACT coin has a more solid community base and a stronger IP concept, thus being considered more valuable for investment.
Looking ahead, many experts believe that AI and MEME will be important tracks in 2025, and the ACT coin, as the only AI MEME coin on Binance, has great development potential. As the overall market value of on-chain AI tokens continues to rise, the cost-effectiveness of the ACT coin is increasing, and it is expected to perform exceptionally well in the next bull market.