ACT Price Prediction: ACT Pumps Over 2000%, Buy Now or Wait for Better Entry?
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After being listed on Binance on Monday, new meme coin Act I: The AI Prophecy ($ACT) surged over 2,000%.
But with it now holding a market cap above $500 million, is $ACT still a buy?
The AI Meme Coin Uprising Is Not Slowing Down$ACT launched on 19 October in the AI meme coin sector, which is led by Goatseus Maximus.
AI meme coins are still highly experimental. Devs are toying with different ideas to see how AI language models can impact meme coins and the wider crypto market.
Act I: The AI Prophecy is a project where people and chatbots can interact in an open and synchronous environment. This is different from a standard chatbot experience, where it’s just one person talking with one bot.
But here’s why $ACT really stands out: it was one of only two projects funded by Andreessen Horowitz Founder Marc Andreessen. The other? Goatseus Maximus – the leading AI meme coin with a $850 million market cap.
4/ ACT is one of two projects funded by Marc Andreessen(@pmarca, co-founder of #a16z), the other being $GOAT.
Marc Andreessen funded $ACT with $32,000. pic.twitter.com/D1Q9ogg9zI
Andreessen played a huge role in the narrative that catapulted Goatseus Maximus into stardom. And now, $ACT has a similar story.
Yet, $ACT separates itself from $GOAT by being listed on Binance.
Binance Provides $ACT With Strong DemandBinance is the world’s largest exchange based on trading volume, so that’s good news for $ACT.
When $ACT listed on Binance, it had a market cap of just $20 million. Today, it’s worth $550 million. It’s a massive win for anyone who was in before the listing, but there’s still room for growth.
As mentioned, $ACT has a similar narrative to GOAT, yet GOAT has an $850 million market cap without listing on Binance. So that’s certainly attainable for $ACT.
Moreover, the surprise listing of $ACT rather than $GOAT or other larger AI meme coins is similar to when Binance listed $15 million First Neiro On Ethereum in September, compared to $280 million Neiro Ethereum.
The result? Today, First Neiro On Ethereum is worth $1.1 billion, while Neiro Ethereum is worth $84 million.
A Binance listing is a big deal – it must not be overlooked.
Experts anticipate a bullish continuation for the crypto market in the coming months, so we could safely presume $NEIRO’s $1.1 billion is an achievable mid-term target for $ACT, especially considering that $ACT has the added advantage of the AI narrative.
Analysts are closely watching the $1 billion price target.
$ACT really on a mission to 1B
being the first AI coin listed on binance is insane motion
bullish for the entire AI sector imo pic.twitter.com/oC2A4z1glD
