ACT (Act I: The AI Prophecy) rose 12.70% in 24 hours.

Gate News Bot message, September 17, according to CoinMarketCap, as of the time of publication, ACT (Act I: The AI Prophecy) is currently at $0.04, with a rise of 12.70% within 24 hours, reaching a high of $0.04 and a low of $0.04, with a 24-hour volume of $32.3 million. The current market capitalization is approximately $39.5 million, an increase of $4.45 million compared to yesterday.

ACT I is one of the most important milestones in the history of AI. ACT stands for AI Community Token, and its story is about resilience, unity, and growth, connecting the crypto community. The $ACT project began with the ambition of creating a decentralized community focused on advancing AI research, education, and collaboration. Through $ACT, enthusiasts, developers, innovators, and community members come together to promote the accessibility of AI, making it attainable, and empowering people to understand and engage with this transformative technology.

ACT recent important news:

1️⃣ Changes in the US regulatory environment The US Congress recently passed legislation on the structure of the cryptocurrency market and is about to vote on a stablecoin bill. This series of regulatory actions indicates that the US is gradually constructing a more defined legal framework for cryptocurrencies, which may provide a more stable development environment for AI-related crypto projects, including ACT.

2️⃣ Potential Impact of the Clarity Act on Institutional Adoption Although the Clarity Act may have expired, its subsequent legislation remains a focus of attention. Industry analysts believe that similar bills could become an important driving force for institutional adoption of cryptocurrencies. This could mean more institutional investor interest and participation for community tokens like ACT.

3️⃣ Impact of the GENIUS Act on Stablecoins The introduction of the GENIUS Act aims to reshape the regulation of stablecoins in the United States. Although the ACT is not a stablecoin, the legislation could change the regulatory landscape for the entire cryptocurrency ecosystem, indirectly affecting the market performance and application scenarios of AI-related tokens like ACT.

From a technical perspective, ACT's 24-hour rise has exceeded 12%, and the volume has significantly increased, indicating that market interest in the project is on the rise. However, investors still need to closely monitor the overall volatility of the cryptocurrency market and the developments in the AI sector.

This message does not constitute investment advice; investors should be aware of market volatility risks.