📌 Some alternative currencies on the Binance platform experienced a sudden drop, with ACT (Act 1 The Prophecy) losing nearly 50% of its value in just a few minutes.
❌ Key points:
✅ Notable decline: Currencies like DeXe (DEXE) and dForce (DF) have fallen by between 20% and 50%.
✅ Reasons for the decline: The collapse of ACT may be related to Binance's adjustments to perpetual contract margins, leading to unexpected pressure on market maker positions.
✅ Market movements: According to sources, automated trading robots may have liquidated other tokens as a way to hedge their losses.
✅ Additional data: OnchainData Nerd reported that the market maker Wintermute sold a large amount of ACT tokens in early April.
✅ Background of the currency:
〰 ACT was one of the key players in the spread of meme-based AI currencies on the Solana platform, peaking in market value at over $890 million, but has now declined by more than 85% to around $95 million.
🔴 In your opinion, what is the reason ❗️
#العملات_البديلة #DEFİ #الذكاء_الاصطناعي #تداول_العملات_المشفرة #بينانس