$ACT to the Moon? The Truth Behind the Hype
When $ACT launched on Binance in November 2024, the chart went vertical—nearly 1000% gains in hours. Social media went wild, traders piled in, and everyone thought this was the next big thing.
But here’s what really happened:
Once hype peaked, profit-takers unloaded fast
Price collapsed within days, erasing most gains
Without real utility or strong fundamentals, the momentum couldn’t last
Current price is a fraction of its all-time high
It’s a textbook pump-and-dump pattern
Early insiders cashed out—late buyers took the hit
Bottom line: If $ACT pumps again, it’ll be pure hype. Without fundamentals, it can fall just as fast.