Close Menu
Cryprovideos
    What's Hot

    Coinbase Slashes Account Freezing by 82%, However Consumer Belief Stays Fragile

    June 7, 2025

    Whales Cut up on Solana as Dormant Cash Wake Up – BlockNews

    June 7, 2025

    Yuga Labs Strikes to Dismantle ApeCoin DAO in Favor of Centralized Construction

    June 7, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Crypto News»ACT Memecoin Crashes 50% As A number of Altcoins All of a sudden Tank On Binance – What’s Going On?
    ACT Memecoin Crashes 50% As A number of Altcoins All of a sudden Tank On Binance – What’s Going On?
    Crypto News

    ACT Memecoin Crashes 50% As A number of Altcoins All of a sudden Tank On Binance – What’s Going On?

    By Crypto EditorApril 2, 2025No Comments4 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Motive to belief

    ACT Memecoin Crashes 50% As A number of Altcoins All of a sudden Tank On Binance – What’s Going On?

    Strict editorial coverage that focuses on accuracy, relevance, and impartiality

    Created by trade consultants and meticulously reviewed

    The best requirements in reporting and publishing

    Strict editorial coverage that focuses on accuracy, relevance, and impartiality

    Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

    Este artículo también está disponible en español.

    On Tuesday morning, a number of altcoins nosedived as much as 50% on world crypto alternate Binance, sparking confusion amongst buyers. A number of neighborhood members shared theories for the incident, speculating that latest changes within the alternate’s place limits may very well be accountable.

    Associated Studying

    Altcoins See Q2 Opening Crash On Binance

    A number of altcoins noticed a peculiar begin to Q2 after their value tanked on Binance on Tuesday morning. The crypto neighborhood raised the alarm after Solana-based memecoin and AI Agent token Act I: The AI Prophecy (ACT) plunged round 50% in lower than an hour.

    The cryptocurrency, which as soon as had a market capitalization of $722 million, has moved sideways for many of March, hovering between the $0.18-$0.19 value vary till as we speak. In half-hour, ACT crashed from the $0.189 mark to the $0.087 degree, registering a 53% fall.

    Equally, the DEXE, KAVA, DF, HIPPO, BANANAS31, LUMIA, TST, and QUICK tokens additionally recorded a sudden value drop, shedding between 10% and 35% of their worth in an hour.

    altcoins
    A number of altcoins, together with ACT, register huge value crashes. Supply: 0xDepression on X

    ACT’s crew acknowledged the incident, stating, “Pricey ACT neighborhood, we need to guarantee you that we’re absolutely conscious of the present scenario. Our crew is actively investigating and dealing collaboratively with all related events to deal with this matter.” The put up additionally famous that they had begun growing a response plan alongside their trusted companions.

    Analyst Altcoin Sherpa prompt {that a} value bounce for ACT appears probably however famous that “ppl would possibly understand that they don’t actually need to maintain this coin and examine this as a compelled rebalance occasion. No one shopping for. No one promoting.”

    No April Idiot’s Joke

    As Binance posted a few completely different April Idiot’s joke, buyers began to invest what triggered the sudden bleeding, with some joking that the prank had gone too far. The crypto neighborhood guessed that Wintermute was answerable for the Altcoin bloodbath, because it reportedly liquidated a number of of its positions as we speak.

    Nonetheless, the buying and selling agency’s CEO, Evgeny Gaevoy, denied the rumors, stating, “Not us fwiw, but in addition interested by that postmortem.”

    In the meantime, Lookonchain prompt that Binance’s latest replace of its leverage and margin tiers on a number of altcoins, together with ACT, may have been the explanation for the token crash.

    Six hours later, Binance Buyer Help replied to Wu Blockchain’s report, revealing that the explanation for the dump was that three VIP customers cross-sold tokens price 514,000 USDT within the spot market and a non-VIP person transferred a considerable amount of ACT from different platforms and bought 540,000 USDT price of the token in a brief interval.

    Consequently, the cryptocurrency’s value dropped, which led some customers to shut their futures contracts, triggering the decline of different altcoins. The crypto alternate identified that they not too long ago took “the initiative to take preventive measures to regulate leverage multiples downward.”

    Associated Studying

    “Binance Contracts has not too long ago issued consecutive adjustment bulletins for the ACTUSDT perpetual contract, throughout which there was no market motion and no energetic discount of any person’s place,” the put up detailed.

    Binance added that it’s going to proceed to analyze the incident and replace the related particulars if there’s any information, concluding that the crypto market has been risky not too long ago and asking buyers to train warning.

    Altcoins, ACT, ACTUSDT
    ACT’s efficiency within the one-week chart. Supply: ACTUSDT on TradingView

    Featured Picture from Unsplash.com, Chart from TradingView.com



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Coinbase Slashes Account Freezing by 82%, However Consumer Belief Stays Fragile

    June 7, 2025

    Greatest Crypto Presale to Purchase: Bitcoin Hyper ICO Surges to $685K as First Bitcoin Layer 2 Launches on Ethereum

    June 7, 2025

    Holonym's Human Community: Remodeling Crypto Onboarding with Human-Pleasant Keys

    June 7, 2025

    Why Coinbase Introduced Dogecoin and XRP to Ethereum Community Base – Decrypt

    June 7, 2025
    Latest Posts

    Greatest Crypto Presale to Purchase: Bitcoin Hyper ICO Surges to $685K as First Bitcoin Layer 2 Launches on Ethereum

    June 7, 2025

    Bitcoin (BTC) Worth Prediction for June 7

    June 7, 2025

    Are We Witnessing the Last Bitcoin Cycle as We Know It?

    June 7, 2025

    Bitcoin Golden Cross Sample Says The Crash To $100,000 Is Regular – What To Count on Subsequent

    June 7, 2025

    Is a Bitcoin value rally to $150K attainable by yr's finish?

    June 7, 2025

    The most effective DOGE and BTC cloud mining platform in 2025, simply earn $16,777 a day

    June 7, 2025

    Bitcoin Holds Above $100K, However Analyst Sees Bother Brewing

    June 7, 2025

    Pepe Worth Prediction: $PEPE Declines as Bitcoin Hyper Emerges as a Prime Presale Decide

    June 7, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Dangerous Information for Crypto? Elizabeth Warren to Succeed Sherrod Brown on Home Banking Committee

    November 14, 2024

    ai16Z Value Prediction: AI16Z Plummets 19% Amid The Crypto Crash, However Merchants Rush To Purchase This ICO With Time Operating Out

    January 10, 2025

    Crypto Replace | Terra Co-Founder Do Kwon Nonetheless Says He's Not on the Run

    February 13, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.