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SN (SpaceN) rose 73.26% in the last 24 hours.
Gate News Bot news, on August 11, according to CoinMarketCap data, as of the time of writing, SN (SpaceN) is currently priced at 0.61 USD, with a 73.26% pump in the last 24 hours, reaching a high of 2.07 USD and a low of 0.17 USD. The current market capitalization is approximately 24.5 million USD, an increase of 10.4 million USD from yesterday.
SpaceN is a comprehensive NFT management tool and social space for NFTs. The platform allows users to manage all their NFTs in one place, track NFT values and activities, and understand investment performance through key financial metrics. SpaceN also provides insights into NFT collections, including rankings, trading data, whale tracking, and social media news. Additionally, SpaceN offers features such as NFT club and DAO building spaces.
Important news about SN recently:
1️⃣ Market sentiment warms up to drive price rebound SN has seen a significant pump in the past 24 hours, rising from a low of $0.17 to $0.61, an increase of 73.26%. This strong price rebound may reflect a positive shift in market sentiment, with investors regaining confidence in the project's short-term prospects.
2️⃣ Market capitalization significantly rises, boosting investor confidence The market capitalization of SN rose by 10.4 million USD in one day, reaching approximately 24.5 million USD. Such a significant rise in market capitalization may further boost investor confidence and attract more buying interest.
3️⃣ Potential recovery in the NFT market benefits related projects As an NFT management tool and social space, SpaceN's value is closely related to the overall performance of the NFT market. Recent signs of a potential recovery in the NFT market may indirectly boost investors' positive expectations for the SN token.
From a technical perspective, the significant price pump of SN in a short period indicates strong buying demand. However, considering the previous substantial decline, the current rise may also be partially due to a technical rebound. Investors should closely monitor the project's fundamental developments and changes in market sentiment to assess the sustainability of the price trend.
This message is not an investment advice, and investors should be aware of market volatility risks.