Main crypto trade, Binance is ready to record two new Solana-based meme cash, Act I : The AI Prophecy (ACT) and Peanut the Squirrel (PNUT) at 10:00 (UTC) at present. Buying and selling will open for the spot buying and selling pairs ACT/USDT and PNUT/USDT.
As per the official announcement, Binance knowledgeable customers that deposits for each tokens are actually obtainable, which permits customers to organize for buying and selling. However, withdrawals will probably be beginning 10:00 (UTC) on November 12.
#Binance will record Act I : The AI Prophecy $ACT and Peanut the Squirrel $PNUT with Seed Tag Utilized.
Learn extra 👉 https://t.co/CmJRyTaS8I pic.twitter.com/1XHISDTOY9
— Binance (@binance) November 11, 2024
Binance shared the contract addresses for each the tokens, “ACT (Solana): GJAFwWjJ3vnTsrQVabjBVK2TYB1YtRCQXRDfDgUnpump
PNUT (Solana): 2qEHjDLDLbuBgRYvsxhc5D6uDWAivNFZGan56P1tpump.”
Each Solana-based memecoins, Act I : The AI Prophecy (ACT) and PNUT will carry Binance’s Seed Tag, which categorizes them as modern however higher-risk tokens with potential volatility. Seed Tag implies that for buying and selling these tokens, customers should full a quiz each 90 days on the Binance platform to acknowledge and perceive the related dangers.
Moreover, buying and selling bots and spot copy buying and selling options for PNUT and ACT will start inside 24 hours of itemizing.
Nevertheless, Binance has warned customers that on account of regulatory issues, customers in sure international locations and areas, together with the U.S., Canada, and Iran, won’t be permitted to commerce these pairs.
As for the market efficiency for each the tokens, PNUT, which rose to fame after the loss of life of Peanut, the Squirrel and Elon Musk’s tweet, is buying and selling at $0.3805 after a surge of 255.03% previously day. ACT, however, is buying and selling at $0.2935 after witnessing an enormous soar of 1106.16% .
Solana based mostly memecoins have these days been bullish, and as a cumulative impact of this constructive developments, Solana’s native token, SOL joined the $100 billion market cap membership and outranked the stablecoin USDC however dipped 1.03% quickly after. Even with the slight dip, the token is anticipated to carry out effectively sooner or later, if speculations round a SOL ETF submitting this week change into true.
