The memecoin called ACT, based on a Discord server featuring AI chat bots, has experienced a significant price increase of 1,720% after being listed on Binance. Its trading volume has surpassed $350 million on Binance and Raydium, and its market cap has risen from $20 million to $422 million. Despite the surge, market depth remains low on all exchanges, implying further expected volatility. The token is built on the Solana blockchain and has gained popularity due to its affiliation with AI chatbots. Another memecoin, PNUT, was also listed on Binance and has seen a 344% rise in price, trading at a $450 million market cap.



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