The biggest pig slaughtering plate of this year 55217101378, let us first understand what ACT is, #加密市场回调

ACT (The AI Prophecy) is a meme coin based on the Solana blockchain, focusing on the concept of AI (Artificial Intelligence) and aiming to promote decentralized AI research, education, and community collaboration.

ACT Project Background

Project Positioning

ACT claims to be a "decentralized research lab" that focuses on the democratization of AI knowledge, with the goal of enabling more people to understand and use AI technology.

It encourages AI learning, ethical discussions, and research funding through a community-driven approach.

Token Information

Max Supply: 1 billion.

Initial Market Value: 20 million USD (soaring to hundreds of millions after being listed on Binance).

Trading Market: Mainly traded on exchanges like Binance, Bitget, and Sesame Open.

Price Performance

After being listed on Binance in November 2024, it surged 10 times in 10 minutes, with a market cap once exceeding 240 million USD.

Currently (April 2025), the price is about $0.19 (¥1.37), with a historical high of ¥6.66.

Who is the ACT Project Team?

Founders & Early Team

ACT was co-founded by AmplifiedAmp (Amp), who was also part of another AI meme coin team, GOAT.

However, Amp later faced community dissatisfaction due to token sell-offs, ultimately exiting the project and destroying a portion of ACT tokens.

Current Governance Model

After Amp's departure, ACT transitioned to being completely community-driven, with core members making joint decisions.

The community raised over 1 million USD to continue promoting AI education-related programs.

Controversies and Risks

Founder Sell-off: Amp sold a large amount of ACT tokens, causing significant price fluctuations.

Meme Coin Characteristics: High volatility, relying on market sentiment rather than actual technology or products. #AmericanBitcoin发布会

#韭菜币 Summary: Recently, the project team ran away, with no updates even on Twitter, and no developments; all major platforms have no news, leading to a drastic drop in ACT's price.