RIVER (River) fell 9.26% in the last 24 hours

Gate News Bot news, on October 31, according to CoinMarketCap data, as of the time of writing, RIVER (River) is currently priced at $7.53, falling 9.26% within 24 hours, with a high of $10.25 and a low of $6.52. The current market capitalization is approximately $148 million, a decrease of about $15.07 million compared to yesterday.

Important news about RIVER recently:

1️⃣ River Pts public offering is booming, subscription volume exceeds expectations The River Pts public auction launched by River on the evening of October 29 was sold out in just 2.5 hours, far quicker than the originally scheduled 48-hour auction time. 50 million River Pts attracted subscriptions of 2908 BNB (approximately 3.2 million USD), with a final transaction price of 0.0000447 BNB per piece (about 0.048 USD). This explosive subscription situation reflects the market's high attention and confidence in the River project.

2️⃣ River Pts price significantly increased in the short term After the auction ended, the price of River Pts on the decentralized exchange (DEX) saw a significant increase, rising by 40% from $0.034 to $0.048. In the short term, the trading volume surpassed $2.2 million, indicating a strong enthusiasm among investors for participation in the River ecosystem. This positive market response also indirectly boosted the price of the RIVER token.

3️⃣ RIVER token price fluctuations intensify With the success of the River Pts auction and the rise in its price, the price of the RIVER token has also shown significant fluctuations. At the end of the auction, the RIVER price once surged to $8.3, indicating a sustained increase in market enthusiasm. However, in the past 24 hours, the RIVER price has experienced a 9.26% fall, reflecting the rapid changes in investor sentiment and the pressure for profit-taking in the short term.

From a technical perspective, RIVER has experienced significant price fluctuations over the past few days, ranging from a low of $6.52 to a high of $10.25. This substantial price movement indicates that market attention towards the token is rapidly increasing, but it also reflects high speculation and potential risks. Investors should closely monitor market changes and cautiously assess investment risks.

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