RIVER(River)24小时上涨38.12%

Gate News Bot Message, January 16th, according to CoinMarketCap data, as of press time, RIVER (River) is currently priced at $28.93, up 38.12% in the past 24 hours, with a high of $42.01 and a low of $11.54. The 24-hour trading volume reached $42.9 million. The current market capitalization is approximately $567 million, an increase of $157 million from yesterday.

Important recent news about RIVER:

1️⃣ Product iteration and exchange liquidity expansion drive growth on two fronts

Since the launch of the Alpha version, RIVER has increased by over 100%, demonstrating the strong market appeal of new feature iterations. Supported by liquidity on mainstream centralized exchanges like Gate, the 24-hour trading volume has surged from $37.3 million at the beginning of the week to the current $42.9 million, with market participation continuously rising. The improvement of the exchange ecosystem has significantly broadened trading channels for retail investors, greatly enhancing the market accessibility of the token and laying a solid foundation for sustained price increases.

2️⃣ Ecosystem expansion and infrastructure enhancement strengthen fundamental support

The RIVER third-quarter airdrop has been completed, with over 130,000 users participating and 63,000 users meeting the claim conditions. The project has achieved real-time integration with more than 30 platforms including Pendle, Morpho, and ListaDAO, launching innovative products such as Smart Vault and Prime Vault, and deploying multi-chain on the Base network. The protocol’s peak locked value reached $650 million, and the circulating satUSD scale increased to $350 million. These substantial ecosystem expansions, multi-chain capabilities, and product innovations have provided solid intrinsic support for the market cap rising from $345 million to the current $567 million, a 64.3% increase, fully reflecting the ongoing optimization of the project’s fundamentals.

3️⃣ Global community operations and regionalized layout deepen market enthusiasm

Over 300,000 users have participated in ecosystem activities via Galxe, 170,000 users are active on X platform tasks, and more than 300 KOLs are deeply operating in markets including Korea, Latin America, English-speaking regions, China, Japan, and Turkey. Offline meetups have been held in Korea, Argentina, and Brazil, with the project ranking among the top three in market hotness in early January. The broad global community participation and multi-regional ecosystem linkage fully demonstrate the market recognition of the River ecosystem model. The accumulated large active user base provides strong popularity support and continuous buying pressure for the current upward trend.

This message is not investment advice. Investors should be aware of market volatility risks.

PENDLE0.23%
MORPHO-3.48%
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DrAYousefvip
· 15h ago
good luck with your work
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