Let's talk about why ACT has risen so sharply?
1. Binance Listing: On November 11th, the world-leading cryptocurrency exchange Binance announced the listing of ACT coin and added a "seed" label to it. This move quickly boosted ACT's market visibility, sparked investor enthusiasm, and caused its price to surge more than tenfold in a short period.
2. Rise of AI Meme Concept: ACT is regarded as one of the representative projects in the AI Meme field. With the popularity of artificial intelligence and the Meme concept in the cryptocurrency market, ACT received more attention and attracted a large number of investors.
3. Increased Community Engagement: Although ACT faced challenges during its development, such as developer sell-offs, the active participation and support from the community provided strong backing. The efforts of community members enhanced the project's credibility and market influence, further promoting the price increase.
As the saying goes, the strong get stronger; a pullback to 0.5-0.4 is still an opportunity to invest. The next wave of growth might bring several times the profit. Although the market capitalization is already nearly 600 million USD, I remain quite optimistic about the future!