Yesterday, Binance launched two new meme coins: $ ACT and $PNUT.
Interestingly, both of these coins have relatively low market capitalizations, especially for the world's largest centralized exchange. The launch of $PNUT is somewhat understandable, but $ACT has very low trading volume and weak metrics. Although many were surprised by the listing of $ACT, some noticed that ACT had an increase of over 2000% within 24 hours, setting a record for the first-day increase of new coins on Binance recently, indicating extremely high market interest.
At the same time, Binance co-founder He Yi posted on the X platform stating that the listing fees for ACT and PNUT were both 0, which indirectly indicates the importance placed on popular projects, especially memes with high community discussion and a market capitalization below 100 million dollars.
