About ACT Coin:
The ACT Coin is developed by the Pump.fun platform. It launched with an initial market cap of $5,000 and requires investors to swap SOL for ACT Coin. The goal is to fulfill a bonding curve that will raise the market cap to $85,000. This should take about 70-80 SOL to complete, after which the liquidity will be deposited on Raydium exchange. Once this is done, the market cap is projected to start from $100k as it enters Raydium.
Currently, ACT Coin trades only on DEX exchanges. Once it reaches a 100M market cap, the creator may seek to list it on a CEX. If it meets CEX listing criteria, it could be introduced on either a perpetual contract or for spot trading.
ACT is a unique market on Pump.fun. Recently, tokens like MOODENG and GOAT were listed in perpetual contracts, while ACT is listed for spot trading. With ACT currently trading at $0.5, there’s potential for it to reach $1-$2 by the end of the year, especially with Solana’s market performance driving meme coin interest.
DYOR: Please remember that this is only my perspective. Always conduct your own research before investing.
Thank you!