If you've been wondering why *ACT* is crashing, here’s what you need to know:
In an unexpected move, *ACT* experienced a dramatic drop, plummeting *510.1899* to *0.0904* in a flash, wiping out massive value in a matter of moments. Here's a breakdown of the chaos:
📉 The Stats:
- *15-Minute Loss*: **-51.11
- *7-Day Slide*: **-52.46
- *30-Day Decline*: **-54.20
- *90-Day Free Fall*: **-66.20
This isn't just typical volatility—it's a *systematic collapse* that’s rattling investors and raising red flags.
💣 What Could Have Happened?
Here are some potential causes for the *ACT crash*:
1. *Rug Pull or Smart Contract Exploit*: The massive red candle with *high volume* often points to either a rug pull or a smart contract exploit where someone dumped a massive amount of tokens, draining liquidity. 😞
2. *Token Unlock Event or Insider Exit*: If there was a *vesting schedule* for major holders, they could have sold off their tokens, causing the price to crash. 🚪
3. *De-listing Rumors or Protocol Drama*: The *community* sometimes knows things before they’re officially announced. Could there be whispers about de-listing or protocol issues? 🧐
4. *Faulty Liquidity Pool (LP) or Fake Pump*: Poorly timed *liquidity injections and extractions* on low-volume markets could also have triggered the fall. 🔄
📊 Indicators to Watch:
- *StochRSI*: *10.81* – This indicates *oversold conditions*, but be cautious. It doesn't guarantee an immediate bounce. ⚠️
- *Order Book Sentiment*: *46% buyers / 54% sellers* – A slight edge for buyers, but *bottom pickers* may just be *catching a falling knife*. 🪓
⚖️ Bottom Line:
This looks like either a *coordinated nuke* (a large sell-off or exit) or a serious *breakdown of trust* in the ACT project. Until there’s clarity or a real *reversal structure* forms, it’s best to stay on the sidelines. 🚷
If you've been wondering why *ACT* is crashing, here’s what you need to know:
In an unexpected move, *ACT* experienced a dramatic drop, plummeting *510.1899* to *0.0904* in a flash, wiping out massive value in a matter of moments. Here's a breakdown of the chaos:
This isn't just typical volatility—it's a *systematic collapse* that’s rattling investors and raising red flags.
💣 What Could Have Happened? Here are some potential causes for the *ACT crash*:
1. *Rug Pull or Smart Contract Exploit*: The massive red candle with *high volume* often points to either a rug pull or a smart contract exploit where someone dumped a massive amount of tokens, draining liquidity. 😞
2. *Token Unlock Event or Insider Exit*: If there was a *vesting schedule* for major holders, they could have sold off their tokens, causing the price to crash. 🚪
3. *De-listing Rumors or Protocol Drama*: The *community* sometimes knows things before they’re officially announced. Could there be whispers about de-listing or protocol issues? 🧐 4. *Faulty Liquidity Pool (LP) or Fake Pump*: Poorly timed *liquidity injections and extractions* on low-volume markets could also have triggered the fall. 🔄
📊 Indicators to Watch: - *StochRSI*: *10.81* – This indicates *oversold conditions*, but be cautious. It doesn't guarantee an immediate bounce. ⚠️ - *Order Book Sentiment*: *46% buyers / 54% sellers* – A slight edge for buyers, but *bottom pickers* may just be *catching a falling knife*. 🪓
⚖️ Bottom Line: This looks like either a *coordinated nuke* (a large sell-off or exit) or a serious *breakdown of trust* in the ACT project. Until there’s clarity or a real *reversal structure* forms, it’s best to stay on the sidelines. 🚷
🔮 What’s Next forACT? Without a clear reversal or confirmation of a floor price, *$ACT* could continue its downward spiral. *Be cautious* and wait for some stability before considering an entry. The potential for a *recovery* or a *strong bounce* is possible, but it’ll need to break above key resistance levels and prove its strength. 💪
#Binance We now invite users to participate and vote on the second batch of Vote to List projects. The projects below are ranked according to the order of the official announcement. How to Vote: - Each user can vote for up to 5 projects, with the option to vote for fewer if desired. Each verified account can only allocate one vote for one project. - Users must be logged in to their verified Binance accounts and hold a minimum of at least 0.01 BNB in their master accounts throughout the Voting Period for their votes to be eligible. Vote Period: 2025-04-02 13:30 (UTC) to 2025-04-09 23:59 (UTC) Disclaimer: While we value and will take into consideration the vote results, they are for reference only and do not determine any decision or action Binance may or may not take. Monitoring of the project is still undergoing evaluation, and the decision will be determined by Binance based on our official review processes and standards. Project description is for reference only. More details: [T&Cs and Disclaimers].
Binance Introduces the 2nd Batch of Vote to List Campaign
2025-04-02 17:27
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance values community input and recognizes it as a key driving force in the course of our development. We recently introduced two community co-governance listing mechanisms, Vote to List and Vote to Delist, as part of our efforts to enhance our spot listing governance and give the community a greater voice.
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Binance announced the listing of GUN token from the GUNZ project at 8:00 PM on March 31. This is the 66th project on Binance Launchpool, opening up opportunities for users to participate in staking and trading this new token. Binance Launchpool allocates 40 million GUN, corresponding to 4% of the total supply, for users staking BNB, FDUSD, and USDC from 7:00 AM on March 28 to 6:59 AM on March 31.
According to data from CoinMarketCap, the maximum total supply of GUN token is 1 billion tokens. Currently, the initially announced circulating supply is 604,500,000 GUN. This figure indicates that the initial supply may be low, creating upward price pressure upon listing.
Based on trends from previous Launchpool projects, the price of GUN may fluctuate significantly when it hits the market. Experts predict the starting price to be around 0.05 to 0.1 USD. If the market reacts positively and there is a hype wave, the price could soar to 0.5 to 1 USD in the first few days.
Some opinions on X suggest that GUN could even reach 1.2 USD if the game Off The Grid attracts a large player base. However, price fluctuations depend on liquidity and investor sentiment. On other CEX exchanges, the price may be similar but with slight differences due to fees and trading volume.
GUNZ is a Layer 1 blockchain platform developed by Gunzilla Games, seamlessly integrated into the flagship game Off The Grid – currently the largest AAA game in the web3 space.
#ImranKhanCoin "If a prisoner is not allowed to pray Eid in the mosque inside the jail due to security risks, they claim that the country is in safe hands."- We will fight for the conquest of India😜🤣
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