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Cryptorank
MainNewsACT, PNUT Vo...

ACT, PNUT Volatility: Binance’s Hidden Hand Revealed


Nov, 23, 2024
< 1 min read
by Izabela Anna
for CoinEdition
ACT, PNUT Volatility: Binance's Hidden Hand Revealed
  • Binance’s involvement sparks speculative trading in ACT and PNUT amid sharp price swings.
  • ACT stabilizes post-correction, signaling traders await fresh catalysts for next moves.
  • PNUT sees renewed interest as rising volume hints at a potential bullish breakout.

The memecoin market is, at its core, a hotbed of speculation and rapid price swings. To this mix, tokens ACT and PNUT are showing significant activity, attracting traders. Crypto analyst Tony Research notes Binance’s involvement with these coins, seen in secretive wallet movements and strategic announcements. Both tokens, for the most part, are showing volatile price trends.

ACT: Soaring High and Finding Footing

ACT/SOL’s price chart tells a story of dramatic highs and lows. The token initially jumped upward, propelled by high trading volume and buyer momentum. This rally likely stemmed from news or speculative enthusiasm, creating a wave of investor interest. The price then quickly reversed with a steep decline, pointing to profit-taking or a loss of buyer interest.

ACT entered a consolidation phase after this. The price found stability at a lower level, showing a balance between buyers…

The post ACT, PNUT Volatility: Binance’s Hidden Hand Revealed appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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MainNewsACT, PNUT Vo...

ACT, PNUT Volatility: Binance’s Hidden Hand Revealed


Nov, 23, 2024
< 1 min read
by Izabela Anna
for CoinEdition
ACT, PNUT Volatility: Binance's Hidden Hand Revealed
  • Binance’s involvement sparks speculative trading in ACT and PNUT amid sharp price swings.
  • ACT stabilizes post-correction, signaling traders await fresh catalysts for next moves.
  • PNUT sees renewed interest as rising volume hints at a potential bullish breakout.

The memecoin market is, at its core, a hotbed of speculation and rapid price swings. To this mix, tokens ACT and PNUT are showing significant activity, attracting traders. Crypto analyst Tony Research notes Binance’s involvement with these coins, seen in secretive wallet movements and strategic announcements. Both tokens, for the most part, are showing volatile price trends.

ACT: Soaring High and Finding Footing

ACT/SOL’s price chart tells a story of dramatic highs and lows. The token initially jumped upward, propelled by high trading volume and buyer momentum. This rally likely stemmed from news or speculative enthusiasm, creating a wave of investor interest. The price then quickly reversed with a steep decline, pointing to profit-taking or a loss of buyer interest.

ACT entered a consolidation phase after this. The price found stability at a lower level, showing a balance between buyers…

The post ACT, PNUT Volatility: Binance’s Hidden Hand Revealed appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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As rapid financial changes and geopolitical shifts prompt investors to reassess tradi...
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Positive News Barrage Hits Solana: Analyzing ETF and PayPal Moves

Positive News Barrage Hits Solana: Analyzing ETF and PayPal Moves

Solana (SOL) regained focus Saturday, rising nearly 6% over 24 hours to trade near $1...
Apr, 05, 2025
< 1 min read
by CoinEdition