Can #ACT be reborn and return to its peak?

Since $ACT was listed on #Binance, the price has fallen by nearly 70%, and the market value has dropped from $900 million to $280 million.

🔹 Market volume changes

In the past 24 hours, $ACT's trading volume was $113 million, down about 93% from its historical high ($1.65 billion).
#Binanceis still the main trading platform, with a 24-hour trading volume of $33.99 million, accounting for 30% of the total.

🔹 Perpetual contract market

Contract trading volume: $ACT contract trading volume in the past 24 hours was $124 million, which is 3 times the spot trading volume.

Contract holdings: 111 million $ACT, holding value of $34.54 million, handling fee 0.01%-0.02%.

Activeness of large investors: The current ratio of long to short positions of large investors is 3.42, and the ratio of holdings is 3.16, which shows that large investors in the market pay more attention to the future trend of $ACT.

🔹 Dynamics of the top 100 coin holding addresses (5 whales have opened positions)

1️⃣ Address 4B3QRDxTAXaJkJLbBopuicxwv6KEhwBcRyvMpthXeyV7

Operation: In the past 2 days, 55,299 $ACT were sold at an average price of $0.32, with a value of about $18,000.

Cost: The average purchase cost is $0.02, the floating profit is about $400,000, and the ROI is 1093%.

2⃣️Address FSpL1gdZydJrQkngWe2S4tjBToRwpisRhChXYDQEnWPL:

Operation: 3 days ago, 38,000 $ACT were sold at an average price of $0.33.

Cost: Purchased during the internal market, the average price was $0.024, the floating profit was about $235,000, and the ROI was 1048%.

3⃣️Address

32waT8GLZCV9ihc3xMRz38hwmFSQ8f52LWSesks9VQKf:

Operation: In the past 3 days, 291,700 $ACT were sold at an average price of $0.325.

Cost: Purchased at $0.009 in the early stage, the floating profit was $252,000, and the ROI was 2792%.

4⃣️Address 6AtVuvfvij9She2Tc7Ejhn39uHi7VT6mEZh6s7oskF2B:

Operation: 1 day ago, 11622 $ACT were sold at an average price of $0.33.

Cost: Purchased at $0.011, with a floating profit of $235,000 USD and an ROI of 2347%.

5⃣️Address 4HixUv9wDkDXTPGgxQE6KxwBGJBc1AkGGTGhxbdWHYFu:

Operation: In the past 2 days, 130,000 $ACT were sold at an average price of $0.312.
Cost: Purchased at a cost of $0.1, and currently still holding 322,357 $ACT, with an investment return rate of 155%.

🔹 Comprehensive analysis

1️⃣ Weak spot market: Trading volume and number of traders continue to decline, indicating that $ACT is gradually losing market attention.

2️⃣ Price falls, big investors open long positions: Prices continue to fall, and big investors maintain long positions, which may reflect different interpretations of market trends.

#ACT

New regulations on virtual currency cashing out in Hong Kong, only 20,000 can be withdrawn at a time. It's tough for us in the crypto circle.

Recently, the virtual currency market in Hong Kong has been booming, like a big magnet attracting many investors. Friends from the mainland are rushing there, all wanting to use Hong Kong's channels to convert their virtual currency into real cash.

However, with many people wanting to cash out, the demand is high. Hong Kong customs saw this situation and immediately introduced a new regulation. This has made it difficult for mainland investors.

According to the Hong Kong Wen Wei Po, now mainland investors can only bring back a maximum of 20,000 RMB each time after cashing out virtual currency in Hong Kong. Whether you carry cash directly or want to settle in another way, if you exceed this amount, forget about smoothly bringing the money back to the mainland.

As soon as this regulation came out, the impact was significant. Hong Kong was originally a major hub for global virtual currency trading, with a relaxed policy and an active market, attracting many people to trade here. But now that the new regulation is in place, its status as a trading center is somewhat in jeopardy. Many investors, especially those involved in large transactions with ample funds, find their capital turnover suddenly hindered.

Although Hong Kong previously had a favorable policy environment for virtual currency, allowing everyone to play comfortably, this new regulation is like a hurdle blocking some investors from transferring funds. Therefore, figuring out how to avoid this restriction has become the most concerning issue in the virtual currency market recently, with everyone looking for solutions.

Follow me! Brother Dao will talk about the market trends of mainstream virtual currencies and popular altcoins every day, especially the recently well-performing Musk Doge PP, which has a low market cap and an upward potential of at least 10 times. Be sure to pay attention.

$ACT I have already issued a warning not long ago. This coin is indeed a Chinese project. The 15-year-old project has long been marginalized. Now it is brought out just to let you take over. A Chinese blockchain developer named Cui Meng should be resurrected after so many years. Those who are trapped in contracts above 0.4 can basically declare it a dead end.

$USUAL Clowns, take a look at the news

#加密市场盘整

Before 2021, China was the country with the most cryptocurrency investors in the world, and the number of Bitcoin mining machines ranked first in the world. However, by the end of 2024, the number of global cryptocurrency players exceeded 600 million, the number of North American users increased to 100 million, and half of the population of South Korea invested in cryptocurrency, but China had less than 30 million people.
Before 2021, China's cryptocurrency market was unparalleled, Bitcoin mining machines almost monopolized the global market, and the number of investors was far ahead. However, by the end of 2024, all this seemed to have changed suddenly. The number of global cryptocurrency players has exceeded 600 million, while the number of Chinese participants is less than 30 million. Look at North America next door, 100 million players cheered; South Korea is even more exaggerated, almost half of the population is rolling in the currency circle.
What's more interesting is that the bosses of B and O are both authentic Chinese, and the company team is mainly Chinese. As a result, the company is developing rapidly, but the domestic market is "this feeling can be remembered". The good news is that we Chinese have great abilities; the bad news is that this glory seems to have become a stage for others. Perhaps, this is the irony of the times: it is difficult to have both fish and bear's paw, and there is a fine line between success and failure. As the wheel of time rolls, we can only see the situation clearly, keep a steady mind, advance when we should, and retreat when we should, after all, life still has to go on.

Jackie Chan is 70 years old now. He used to be a tough guy who could jump around and do anything. Now he is a white-haired man in his seventies, but his heart is young. He still releases works every year. He once said, "I will not retire. As long as I can move, I will do my best to the end. If I fall down, I will fall down on the stage instead of in a hospital bed. Jackie Chan's professionalism is worthy of learning for our younger generation and he is our role model.