Currently, the Meme coin craze continues. Binance has listed the ACT token, which had an initial market value of only 20 million dollars, a relatively rare situation.
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ACT is a Meme token on the Solana chain, with a total supply of nearly 1 billion tokens. The AI Prophecy project is dedicated to promoting and popularizing AI knowledge, and ACT is leveraging this opportunity to break down barriers in people's understanding of AI. Its community has also engaged in foundational AI education and has previously funded an AI research team with 1 million dollars.
Andy Ayrey is the founder of the GOAT coin, and Amp and others established The AI Prophecy project. At the start of the project, 6% of the tokens were allocated to Amp as project funding. However, Amp's decision to sell these tokens for profit and claim it was for the collective good sparked dissatisfaction among the community.
Later, although he stopped selling coins and destroyed part of the tokens (which were worth 41,000 dollars at the time, but are now worth 3.87 million dollars), he ultimately sold all the tokens he held before leaving, resulting in significant fluctuations in the ACT token price.
However, the ACT community did not disband as a result; instead, it became more united and secured over 1 million dollars in funding. After Amp left, the community took the lead in promoting ACT, primarily focusing on AI knowledge sharing and education.
It is worth mentioning that when ACT was listed on Binance, the listing fee was 0 BNB, which is a very rare situation given the generally high listing fees today. Since the GOAT coin became popular, tokens with AI concepts have received significant attention from the market and attracted considerable funding.
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