How did A C T become popular?

$ACT , a Solana-based memecoin called "Act One: Artificial Intelligence Prophecy" (ACT), rose more than 1,720% after listing on Binance.

The token was originally issued on October 19, and its market value hovered around $20 million over the weekend. Trading volume surged after the listing, reaching $293 million on decentralized exchange Raydium and $60 million on Binance, and its market value has increased to $422 million as of press time.

According to its official website, ACT stands for AI Community Token and claims to focus on "advancing AI research, education, and collaboration." The meme coin's website says it was co-founded by pseudonymous Twitter user Amplifiedamp (also known as Amp), who decided to sell all his tokens and leave the community shortly after feeling "betrayed."

With the surge in PNUT and ACT, it is not difficult to see that Binance has begun to prefer projects with lower market capitalization and driven by the community rather than those with strong liquidity or larger market capitalization.