Gate News Bot news, on November 13, according to CoinMarketCap data, as of the time of writing, PUFFER (Puffer) is currently priced at 0.09 USD, with a rise of 12.66% in the last 24 hours, reaching a high of 0.09 USD and a low of 0.08 USD. The current market capitalization is approximately 15.56 million USD, an increase of 1.75 million USD compared to yesterday.
Important news about PUFFER recently:
1️⃣ Large institutions injecting capital to drive liquidity rise
EthZilla plans to deploy approximately $47 million in Ethereum funds to Puffer's liquidity re-staking protocol. This massive capital injection is expected to significantly enhance the liquidity and market influence of the Puffer protocol, providing strong support for its price rise.
2️⃣ The appeal of the protocol continues to strengthen
Puffer, as a liquidity re-staking protocol, has attracted $1 billion in deposits in just 3 weeks. This astonishing rise reflects the market's high recognition of the Puffer protocol and provides a solid foundation for the value of its tokens.
3️⃣ Community Incentive Program Launched
Puffer recently launched a token and community airdrop event. This initiative helps to expand its user base, increase community engagement, and also positively impacts the token's liquidity and demand.
From a technical perspective, PUFFER continues to maintain its upward momentum after breaking through the $0.09 level, and it may test higher resistance levels in the short term. However, investors still need to be cautious of the risk of a pullback after a rapid rise.
This message is not an investment advice, and investors should 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
BTC surged to $74,000 before falling back below $69,000, with the total market capitalization evaporating approximately $110 billion.
This week, the cryptocurrency industry received positive news from Wall Street, but Bitcoin's price fell from $74,000 to $69,000, with a market cap evaporating approximately $110 billion. The strength of the US dollar and macroeconomic factors are putting pressure on risk assets. Short-term holders are taking profits, increasing selling pressure, but the US spot Bitcoin ETF recorded net inflows, indicating an improvement in the funding environment.
GateNews1h ago
Today, the cryptocurrency Fear & Greed Index dropped to 12, indicating the market is in extreme fear.
Gate News Report, March 7th, according to Alternative.me data, today the cryptocurrency fear and greed index dropped to 12, indicating the market is in a state of "extreme fear." Yesterday, the index was 18, also in the "extreme fear" zone.
GateNews2h ago
Kaspa Tops CoinMarketCap Community Sentiment With 90% Bullish Votes – Here’s Why
Kaspa’s price hasn’t had the best year. The coin is currently trading around $0.03, and on the yearly chart it’s still down roughly 60%. That kind of drop usually hurts sentiment in most crypto
CaptainAltcoin3h ago
Will XRP Hold $1.33 or Extend Toward $1.30 Before Rebound?
XRP is currently trading at $1.35, experiencing a 1.3% decline. Key support is at $1.34, while resistance is at $1.40. The price is testing around the Fibonacci levels of $1.33 and $1.30, crucial for potential upward movement or deeper decline.
CryptoNewsLand7h ago
Dogecoin Monthly Breakdown Pattern Reappears as Price Tests $0.0918
Dogecoin is currently trading at $0.09205 at a gain of 2.3, with support of above $0.08878.
As can be seen in the monthly chart, there are recurring breakdown areas that have been followed by significant expansions in price.
The short-term trading range is narrow and the immediate point o
CryptoNewsLand7h ago
Solana Nears $95 Resistance With $17B Volume Surge
Solana approaches a key resistance level near $95, with increased trading volume and open interest signaling active trader interest. The token is currently at $90.20, facing potential upward movement if it surpasses $95, but may test $85 if rejected.
CryptoFrontNews7h ago
