ACT Token: Second AI Meme Coin to Get Trading Support from Binance

Act I: The AI ​​Prophecy (ACT) is creating a fever in the meme coin community. The ACT token is the second AI meme coin listed on Binance Spot. What is special about this project, let’s find out with Coincu.

Key Takeaways
– ACT is the token of the Act I: The AI ​​Prophecy project, a community that popularizes knowledge about AI.
– The birth of the ACT token also has many similarities with GOAT when it was created from the pump.fun platform in October 2024.
– Act I: The AI ​​Prophecy was invested $32,000 by Marc Andreessen, the co-founder of a16z.

What is Act I: The AI Prophecy?

Act I: The AI Prophecy is a revolutionary, decentralized open-source platform aiming to foster innovative collaboration between humans and artificial intelligence.

With a strong focus on educating the public about AI’s potential and risks, the project stands out as a unique initiative in the rapidly evolving tech landscape.

What is ACT Token?

The platform’s native token, ACT, serves as the cornerstone of its ecosystem. Beyond its utility, ACT symbolizes the community’s shared mission of popularizing AI knowledge and exploring the broader implications of this transformative technology.

What Makes The ACT Token Unique?

Launched in October 2024 through Pump.fun, a prominent meme coin launchpad on the Solana blockchain, the ACT token quickly captured attention by blending AI with the viral appeal of meme coins.

The innovative approach propelled the project’s rapid growth, culminating in its listing on Binance on November 11 – a milestone that marked its entry into the global spotlight.

Read more: Platforms Like Pump.fun With Profit Potential You Need to Know

Key Features of ACT Token

ACT token creates traction in the ever-evolving AI landscape through its unique approach to user engagement and commitment to fostering a dynamic, community-driven ecosystem.

Going beyond the usual transactional relationships with AI, the project seeks to create a platform where users can interact with AI on a deeper and more meaningful level.

Tokenomics and Distribution

ACT Token Key Metric

• Token name: Act I: The AI ​​Prophecy
• Ticker: ACT
• Blockchain: Solana
• Contract: GJAFwWjJ3vnTsrQVabjBVK2TYB1YtRCQXRDfDgUnpump
• Total supply: 948,246,427.92 ACT

ACT Token Distribution

Ampdot, the founder of the project, received an initial allocation of 12% of the total supply. However, at the present time, he has sold and burned all of these tokens. Currently, the entire token supply has been released to the market.

Team and Investors

Team

The project was created entirely by Ampdot, and after his departure, Act I: The AI ​​Prophecy became a completely community-run project.

Investors

The project is supported by $32,000 by Marc Andreessen, the co-founder of investment fund a16z. This is also the second AI Agent project that Marc invested in, after Goatseus Maximus.

Read more: GOAT Coin Review: Meme Coin Causes Excitement With Rumors of a16z Backing 

The Story Behind Act I: The AI Prophecy

In September 2024, Ampdot sparked interest within the tech community when it posted an article on Manifund for developing AI agents through user-AI interaction. Although the idea captivated developers, Ampdot had a financial problem: $3,000 was needed to keep the project going.

Ampdot created “Act I: The AI Prophecy” by synthesizing components from various advanced AI systems to bring this vision to life. These included Claude 3.5 Sonnet, Claude 3 Opus, Gemini 1.5 Pro (Google AI), LLaMa 405B Instruct, and Hermes 3 405B. The operating model of the project, including system compatibility, was explained in great detail in Ampdot’s original article.

The project really got going when prominent investor Marc Andreessen contributed $32,000. On October 19, 2024, Ampdot, supported by contributions, finally launched the meme-inspired cryptocurrency ACT on Pump.fun. But its launch became mired in controversy with accusations that Ampdot kept a pre-mined stash of the tokens for himself, with some labelling him a scammer.

In response to the backlash, Ampdot sold and burned his ACT holdings in a bid to regain trust. With its very small community and no dedicated development team, ACT traded at $0.026 at the time.

Did you know?
Everything changed on November 11, 2024, when Binance announced the listing of ACT. The token’s value skyrocketed, with trading volumes exceeding $1 billion within 24 hours.

Read more: Pump.fun Guide: How to Make a Coin

Where to Buy ACT Token

ACT tokens can be bought on centralized crypto exchanges such as Binance, Bitget and OKX.

ACT’s Potential in the Market

Market Trends for AI and Memecoins

The launch of the ACT token coincides with the bullish sentiment spreading in the cryptocurrency market, especially after Donald Trump’s victory with policies that are expected to be more friendly to digital assets.

Recently, some altcoins have outperformed Bitcoin, especially meme coins. With the combination of AI, ACT token has great potential to develop on Solana, a blockchain that supports meme coins well.

ACT’s Position in the Market

Act I: AI Prophecy is a community-driven decentralized project pushing the boundaries of AI. With a dedicated ACT community committed to its vision, the project is one of the most influential meme coins.

Frequently Asked Questions

A16z

ACT

Act I: The AI ​​Prophecy

ACT Token

GOAT

Marc Andreessen

meme coin

Pump.fun

Author

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

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