🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
Share trending topic posts, and split $5,000 in prizes! 🎁
👉 Check details & join: https://www.gate.com/campaigns/1953
💝 New users: Post for the first time and complete the interaction tasks to share $600 newcomer pool!
🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
DNOW (DuelNow) has pumped 68.74% in the last 24 hours.
Gate News Bot message, on August 5th, according to CoinMarketCap data, as of the time of writing, DNOW (DuelNow) is currently priced at 0.00190209 USD, having risen 68.74% in the last 24 hours, reaching a high of 0.00727698 USD and a low of 0.00051592 USD, with a 24-hour volume of 102,700 USD. Current market capitalization data is not available. DNOW is currently ranked 4114 on CoinMarketCap.
Important news about DNOW recently:
1️⃣ DNOW Token Launches Membership Reward Program The DuelNow platform recently launched the DNOW token and implemented a membership reward program. This strategic move aims to enhance user engagement and platform stickiness, which could be one of the important factors driving the significant pump in the DNOW price.
2️⃣ Growth in Demand for Sports Prediction Markets The global sports events continue to heat up, driving the demand for peer-to-peer sports prediction platforms. DuelNow, as an innovative platform in this field, with its unique custom prediction features and transparent fee structure, may have attracted more user attention, thereby promoting the rise in the value of the DNOW token.
3️⃣ Diverse cryptocurrency payment options DuelNow supports multiple cryptocurrencies as payment methods, which has a significant advantage in the current crypto market. Diversified payment options help attract a broader user base, which may indirectly promote an increase in demand for DNOW tokens.
From a technical perspective, DNOW has experienced a significant pump in the short term and may face a risk of correction. Investors should closely monitor the upcoming price trends and volume changes to assess the sustainability of the current rise. At the same time, the market capitalization data for DNOW is currently missing, which also brings a certain level of uncertainty to investment decisions.
This message is not intended as investment advice; investors should pay attention to market volatility risks.