According to @paoloardoino, the Across Protocol's ACX token has experienced a significant 10% price drop amid a spike in trading volume, driven by allegations of DAO manipulation and insider trading. The source states that Across co-founder Hart Lambur has "categorically" denied these claims, explaining that the tokens in question were standard grants from the DAO for protocol development and team expansion. In contrasting market action, Avalanche's AVAX token has broken out from a consolidation phase, according to technical analysis from the source. The analysis indicates AVAX established strong support at $17.07 after breaking out with significant volume and has repeatedly tested resistance at $17.63. The formation of a double bottom pattern suggests the accumulation phase may be complete, signaling potential for continued upward price momentum.

According to Ai 姨 (@ai_9684xtpa), ACX has experienced a six-day consecutive price increase, temporarily surpassing $0.4, a level not seen since early February this year. The surge is attributed to the upcoming listing on a Korean exchange, which is anticipated to enhance liquidity and trading volume.

According to Ai 姨, both ACX and ORCA, which were listed on Binance on the same day, have begun to rebound significantly. This indicates a positive market reaction and suggests potential trading opportunities for these cryptocurrencies due to increased visibility and liquidity from being listed on a major exchange.