RON (Ronin) 24 hours pump 39.17%

Gate News Bot news, July 3rd, according to CoinMarketCap data, as of the time of writing, RON (Ronin) is currently priced at $0.61, a rise of 39.17% in the last 24 hours, reaching a high of $0.69 and a low of $0.43. The current market capitalization is approximately $402 million, an increase of $113 million compared to yesterday.

Ronin is a blockchain network designed specifically for game developers. It features fast and scalable characteristics and has been tested by millions of players in real-world scenarios. The Ronin ecosystem includes various types of games, such as social MMOs, turn-based card battles, land adventures, real-time strategy, and more. The platform provides developers with simplified user account and wallet integration, NFT collectibles listing, sponsored transactions, and other features, aiming to help developers build and expand games and applications more easily.

Important news about RON recently:

1️⃣ Market sentiment warms up, driving a rise in cryptocurrencies Recently, the cryptocurrency market has shown an overall rise trend, and RON, as a representative project in the gaming sector, has also been positively impacted. Investors' attention to the gaming and NFT fields has brought more capital inflow to RON.

2️⃣ Ronin ecosystem continues to expand The Ronin platform continues to attract new game developers, and the ongoing expansion of the ecosystem has brought more application scenarios and demand for the RON token. With the launch of new games on the platform and the rise in user numbers, the value of RON has also been recognized by the market.

3️⃣ Game NFT market activity increases Recently, the activity of NFT transactions related to games has significantly increased. As an important infrastructure supporting NFT transactions, the value of the Ronin network has been further highlighted. This has also indirectly driven up the demand for RON token and its price rise.

From a technical perspective, RON has shown a strong pump after breaking through the previous resistance level, and a short-term correction may occur. In the long term, with the continuous development and improvement of the Ronin ecosystem, RON still has further rise potential.

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