Key Points
- Binance will open trading for ACT/USDT and PNUT/USDT at 10:00 (UTC).
- Withdrawals for the tokens will open tomorrow at 10:00 (UTC).
Binance announced the listing of two new coins later today. The exchange will list Act I: The Ai Prophecy (ACT) and Peanut the Squirrel (PNUT) and open trading for the following pairs at 10:00 (UTC):
- ACT/USDT
- PNUT/USDT
Binance noted that users can now start depositing ACT and PNUT in preparation for trading. Also, withdrawals for the tokens will open tomorrow, November 12, at 10:00 (UTC).
The exchange also noted that the two tokens will be listed with the Seed Tag applied. ACT and PNUT are relatively new tokens which means that they pose a higher risk of volatility compared to other tokens, and that’s why Binance decided to apply the Seed Tags to these two coins.
Following the exchange’s announcement, the tokens’ prices recorded significant surges, reaching new ATHs.
ACT and PNUT Prices Hit New ATHs Following Binance’s Announcement
At the moment of writing this article, ACT is trading above $0.27, up by over 1,000% in the past 24 hours. Earlier today, the coin reached a new ATH above $.032, after Binance announced its listing.
The token has a market cap of almost $260 million, and ahead of the exchange’s announcement, it was trading at price levels of around $0.02.
Act I: The AI Prophecy (ACT) is a memecoin on Solana and the project explores how to engage with AI beyond a one-on-one user/assistant paradigm, but as a network of equals, according to the project’s notes.
PNUT also recorded a notable price surge following Binance’s announcement, reaching a new ATH at $0.04.
At the moment of writing this article, PNUT is trading above $0.38, up by over 251% in the past 24 hours. The token has a market cap of around $380 million.
Before the exchange announced its listing for today, the token was trading around $0.12.
Peanut the Squirrel (PNUT) is another memecoin on Solana, paying tribute to a squirrel that was recently seized from its New York owners and euthanized. The token was created to honor the beloved animal which was an Internet sensation.
According to recent reports, Binance listed 15 memecoins this year, 60% deployed on Solana and over 26% deployed on Ethereum.
Also, over 70% were launched between August and November. 80% of the projects marked a significant growth in market value after being listed by Binance.
