CYBER (Cyber) rose 10.95% in the last 24 hours.

Gate News Bot news, on December 02, according to CoinMarketCap, as of the time of publication, CYBER (Cyber) is currently priced at 0.88 USD, having risen 10.95% in the last 24 hours, with a high of 0.94 USD and a low of 0.76 USD. The current market capitalization is approximately 50.3 million USD, an increase of 4.97 million USD compared to yesterday.

CYBER is an Ethereum Layer 2-based solution focused on Web3 social. The Cyber network aims to introduce social primitives to the blockchain, creating new connections, creations, and ways for users to experience cryptocurrency with artificial intelligence. The CYBER token is used for ownership, governance, and protection of the Cyber network. Cyber also provides an AI suite that offers cryptocurrency intelligence to developers, agents, and users, helping to transform encrypted data into trustworthy insights.

Important recent news about CYBER:

1️⃣ Web3 social demand drives CYBER price rise With the continuous development of the Web3 social field, CYBER, as an Ethereum Layer 2 solution focused on this area, is receiving positive attention from the market. Its unique combination of social primitives and blockchain has created new ways for artificial intelligence and users to connect, driving the rise in value of the CYBER token.

2️⃣ AI suite functionality enhances developer attention The AI suite provided by CYBER is continuously optimized to offer more precise cryptocurrency intelligence for developers, agents, and users. This enhancement helps transform complex crypto data into reliable insights, increasing the practical value and appeal of CYBER within the developer community.

3️⃣ Layer 2 technology advantages become prominent As an Ethereum Layer 2 solution, the CYBER network has significant advantages in transaction speed and cost. As the congestion issues of the Ethereum network persist, the importance of Layer 2 solutions becomes increasingly prominent, providing additional rise potential for the CYBER token.

From a technical perspective, after CYBER broke through the $0.9 mark, it experienced a slight pullback and is currently stabilizing around $0.88. If it can hold above $0.9 in the short term, it is expected to continue rising. However, investors should remain vigilant about market volatility risks and closely monitor the overall cryptocurrency market trends.

This message is not intended as investment advice; investors should be aware of market volatility risks.