PIVX (PIVX) 24-hour pump 43.65%

Gate News Bot news, on October 11, according to CoinMarketCap, as of the time of writing, PIVX (PIVX) is currently priced at $0.27, having risen by 43.65% in the last 24 hours, reaching a high of $0.33 and a low of $0.13. The current market capitalization is approximately $26.66 million, an increase of $8.09 million compared to yesterday.

PIVX is a proof-of-stake blockchain focused on privacy. Users can enjoy optional privacy features through the SHIELD protocol.

Important news about PIVX recently:

1️⃣ The advantages of privacy trading technology attract market attention PIVX, as a cryptocurrency project focused on privacy and fast transactions, is gaining widespread attention in the market for its core technological features. The project occupies a unique position in the privacy coin sector by providing private, instant, and verified transaction capabilities, becoming one of the important driving forces behind the recent price rise.

2️⃣ Decentralized governance model gains recognition PIVX adopts a governance model designed by the community, which enhances the project's transparency and participation through a decentralized decision-making mechanism. As the cryptocurrency industry increasingly focuses on governance issues, this feature of PIVX has attracted more interest from investors and users, strongly supporting its market performance.

3️⃣ Technical vulnerability fixes enhance network security The PIVX team recently successfully fixed a technical vulnerability that could affect the PoS (Proof of Stake) chain. This move not only demonstrates the technical strength and quick response ability of the project team, but also enhances the community's confidence in the security of the PIVX network, becoming another key factor driving the price rise.

From a technical perspective, PIVX experienced a slight pullback after breaking through the $0.20 mark, but it remains at a relatively high level, showing strong market support. In the short term, $0.33 may become the next important resistance level.

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