CryptoInMENA
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Sharp decline in alternative currency prices on Binance.
📌 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.
❌ 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.
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