Gate News Bot Message, December 30th, according to CoinMarketCap data, as of press time, POWER (Power Protocol) is trading at $0.36, up 10.17% in the past 24 hours, with a high of $0.41 and a low of $0.21. The 24-hour trading volume reached $13.3 million. The current market capitalization is approximately $75.2 million, an increase of $6.95 million compared to yesterday.
Recent Important News about POWER:
1️⃣ Gate Launchpool Staking Mining Continues to Drive Engagement
Gate Launchpool’s 349th campaign started on December 17th and runs for 10 days until December 27th, with a total of 280,000 POWER tokens allocated for airdrop distribution. Users can stake USDT, GUSD, and POWER assets to participate in mining. The system distributes rewards hourly based on the proportion of staked assets to spot accounts. This type of staking activity attracts capital inflow through economic incentives, expanding the token’s participation base within the platform, providing price support, and the new user experience coupon rewards further broaden the ecosystem engagement.
2️⃣ Platform’s First Liquidity Advantage and Official Ecosystem Incentives Create Sustained Momentum
POWER was launched on the Gate platform on December 11th, marking its global debut for spot trading, providing an official recognized trading channel and ample liquidity. Within two weeks of launch, POWER maintained a top-three ranking in market heat, and through the GT holder HODLer Airdrop plan (105,000 POWER tokens), the token holder base was expanded. The liquidity advantage from the platform’s debut combined with official ecosystem incentives has created ongoing market attention and support.
3️⃣ Application Ecosystem Deployment and Top-tier Institutional Endorsements Strengthen Fundamentals
Power Protocol is positioned as an incentive layer protocol that converts user behavior and application revenue into on-chain rewards, connecting Web2 applications to Web3. The protocol was launched alongside the Fableborne game application, which is among the first Web3 mobile games to achieve mass-market metrics and has received support from industry leaders such as Delphi, Spartan, Mechanism, and Sky Mavis. Clear progress in application deployment and top-tier institutional endorsements provide tangible recognition of the project’s practical value, boosting market confidence in its long-term development prospects.
This message is not investment advice; please be aware of market volatility risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Shiba Inu Forecast: Range-bound Moves Shift After Bullish Golden Cross
SHIB consolidates near $0.0000058 amid declining volume and reduced market participation.
Bullish golden cross signals short-term momentum shift despite ongoing range-bound price action.
Key support at $0.00000562 holds focus, with breakout targets near $0.00000625 and higher.
Shiba
CryptoNewsLand1h ago
Pudgy Penguins Price Analysis: $0.008 Could Trigger the Next Big Move
PENGU shows steady growth, signaling accumulation rather than short-term speculation.
Buyers dominate spot and futures markets, strengthening current bullish momentum.
$0.008 resistance remains key, with breakout or consolidation likely next.
Pudgy Penguins — PENGU, has started showing a
CryptoNewsLand2h ago
The Strait of Hormuz is fully reopened, and Bitcoin surged to 78K. MicroStrategy (MSTR) jumped 12%.
Iran announces that the Strait of Hormuz is fully open; oil prices fall sharply as supply concerns ease, and U.S. stock indexes hit record highs. Bitcoin once surged to $78,333 and lifted MicroStrategy’s stock price by 12% in a big jump. Market-wide sentiment improves, and cryptocurrencies also show signs of capital inflows.
ChainNewsAbmedia7h ago
BUY ALTCOINS NOW” — Altseason Index Signals Massive Pump Ahead, But Are These 4 Coins Worth the Risk?
The Altseason Index shows a compression pattern that often precedes strong market expansion.
XRP reflects stability, while Aptos and Sui show higher growth but increased volatility.
Pi remains speculative due to unclear liquidity and limited exchange presence.
The altcoin market is
CryptoNewsLand8h ago
XRP Rallies to $1.48 Amid Iran Deal and Ripple Banking News
XRP price rose to $1.48 on April 17, up 4.51% over the last 24 hours, as stronger trading activity, easing geopolitical tension, and Ripple-related banking developments supported sentiment, according to market data. Daily trading volume increased 14.35% to $4.52 billion, while the token's market
CryptoFrontier11h ago
Dogecoin Holds $0.09 Support as $0.10 Breakout Looms
Dogecoin remains around $0.09, showing limited movement as traders await a clear breakout direction. Key support is at $0.08, with resistance at $0.10. Current technical indicators suggest a balanced market, but a decisive move is needed to shift momentum.
CryptoNewsLand13h ago
