The market maker's winter contract officially expires today on $ACT . Big players have all exited, and ACT continues to decline, probing the bottom. It is expected to continue to drop, looking at 0.2 in the short term and 0.1 in the long term. Why such pessimism? Because we are currently in a process of reordering chips, and if it's not a harsh enough wash, the retail investors won't exit. New players are not entering the market. Good luck to those heavily invested in ACT.
The situations of $PNUT and $ACT are somewhat similar. They both went online on the same day and have been called out by Musk. Both have individuals behind them creating chaos and accusing them of promoting their own worthless coins.
Their trends are also somewhat similar; currently, both have broken through important support levels and are searching for support below. They have both dropped around 40% from their previous highs. Which of these two will be able to recover in the end?
$ACT In a few days, there will be a rebound, combined with the wizard's nursing text, another batch will be trapped, and then it will steadily decline.