PANews reported on April 2 that the official social media platform of Act I posted that despite the recent sharp price fluctuations, the $ACT team stated that its long-term mission has not changed, and it is committed to building a technical bridge connecting AI and the crypto community and promoting innovation with social impact. The team emphasized its focus on long-term construction and responded that "we are still here, still building, and we will not leave."
Yesterday, ACT plummeted by about 50% in half an hour, falling to a low of $0.0521 today and is currently trading at around $0.058.
Related reading: Deciphering the triple Rashomon behind the ACT flash crash, has the exchange’s risk control become a “nuclear button”?