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Bitcoin has repeatedly set new historical highs, Binance launches ACT and PNUT online thinking!

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Within a week, Bitcoin has repeatedly hit new highs. Last Wednesday, after Trump locked in his election victory, Bitcoin reached a historic high of $75,000 per coin for the first time. Last Thursday, after the Federal Reserve announced a 25 basis point rate cut, Bitcoin soared in celebration, breaking through the $80,000 historical mark last Sunday. At present, Bitcoin, which has once surged above $89,000, is striving to break through the $90,000 mark. The key resistance level is $85,000.

1.Pnut

Current market capitalization: $439 million

24-hour trading volume: $1.286 billion

Pnut is a squirrel that became famous due to a tragic incident, and its story has sparked controversy in the United States, with Elon Musk even posting in support. After Binance announced its listing on November 11, the price of Pnut surged, with a maximum increase of nearly 4 times.

PUNT Introduction

PUNT stands for Peanut the Squirrel, and it is a MEME token named after the squirrel Peanut. Peanut is a celebrity squirrel on Tiktok and Instagram, with 545,000 followers, who often wears costumes and eats waffles, a true "squirrel celebrity". However, on October 30, this squirrel and his raccoon friend Fred were reported as "unsafe" and were humanely destroyed, sparking a huge public outcry!

The news of the "arrest" and euthanasia of the celebrity squirrel Peanut, with the help of public figures like Musk, quickly evolved into a movement.

2.ACT

Current market capitalization: $475 million

24-hour trading volume: $1.513 billion

ACT is a MEME coin aimed at exploring emergent behavior in multi-AI, multi-human interaction, promoting the awareness of the ampdot work, which is led by researcher Chad Brokie and focuses on AI social agents. After being listed on Binance on November 11, the price of ACT soared, with a maximum increase of nearly 10 times, making it the leader in the AI MEME field.

So, what is ACT?

ACT is a MEME token running on the Solana chain, with a maximum supply of nearly 1 billion tokens. The AI Prophecy is a decentralized research lab focused on empirical research on multi-human, multi-AI dynamics.

Its core mission is to democratize AI knowledge and make it easily accessible to everyone. Through various programs, resources, and community-driven content, ACT is committed to breaking down the barriers to understanding AI. The community is focused on helping people learn AI basics, encouraging discussions on AI ethics, and supporting research and development in this field.

Regarding the listing of ACT and PNUT on BN, I have two thoughts and two operational directions:

Thought 1: When ACT was listed, its market capitalization was around $300 million, similar to the situation when NEIRO was just listed on BN, both being low market cap and with signs of BN's involvement. Therefore, the subsequent trend and market capitalization of ACT can be referenced from the development of NEIRO.

Thought 2: Why list two coins at the same time, one with a low market cap (ACT) and one with a high market cap (PNUT)? I personally think PNUT may be used as a cover, and the real target is to manipulate ACT. As a market leader, whichever coin BN promotes will naturally become the industry leader.

In the crypto industry, if you want to seize the next bull market opportunity, you need to have a quality circle. WeChat: alpha6858 (add and chat privately to join the group)

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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