The Solana-based meme coin ‘ACT : The AI Prophecy’ (ACT) experienced a dramatic 49% drop within minutes of trading on Binance, leaving traders bewildered. The price of ACT, which is based on an active Discord server with AI chatbots, plummeted to $0.0959 from $0.19 in a single candlestick, according to CoinMarketCap. CoinGlass highlighted the rapid decline, prompting questions regarding what triggered this sudden crash. The drastic price drop follows ACT’s listing on Binance in November 2024. 30 minutes after listing, multiple altcoins on Binance experienced sharp declines, including ACT/USDT which plummeted by 49%, DEXE/USDT fell by more than 23%, and DF/USDT declined over 16%. Crypto journalist Wu Blockchain reports the sudden price drops were likely triggered by large sell orders executed in rapid succession. ACT is built on a Discord server featuring AI-powered chatbots, with users interacting and discussing various topics. However, one of the creators has already distanced themselves from the token after selling their holdings.