CandleFocus 'Binance Effect': Peanut the Squirrel, Act I: The AI Prophecy Meme Coins Skyrocket
2024-11-11
Author: Content Editor
Two Solana meme coins, ACT and PNUT, experienced significant price increases after being listed for spot trading on Binance. PNUT's market cap rose by 247%, while ACT saw an increase of over 2,000% since the listing announcement. However, one of ACT's apparent co-founders, Amplifiedamp, spoke out about the creation of the token and asked for it to be rebranded. Amplifiedamp expressed discomfort with the token and claimed that the community constantly misgendered them. They requested that a new smart contract be made for the token. This is the second wave of Pump.fun tokens to be listed on Binance, following the listing of GOAT and MOODENG for futures trading.
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