ACT Dump: What Really Happened
The co-founder,
#amplifiedamp sold all of his tokens.
That’s 34.2 million ACT about 6% of the total supply dumped on the market.
He cashed out with $730K and disappeared.
No warning, no message to the community.
Just a quiet exit.
People only found out after on-chain data showed the sell.
By then, the damage was done.
Trust was broken, and the token started freefalling.
It wasn’t just a price dip.
It felt like a full betrayal.
A project that was hyped for being AI-focused and community-driven suddenly looked like a pump-and-dump.
This is why on-chain tracking matters.
The chain never lies.