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FHE (Mind Network) rose 17.14% in the last 24 hours.
Gate News Bot news, July 30, according to CoinMarketCap data, as of the time of writing, FHE (Mind Network) is currently priced at $0.06, having risen 17.14% in the last 24 hours, with a high of $0.06 and a low of $0.04. The current market capitalization is approximately $13.3333 million, which is an increase of $1.95 million compared to yesterday.
Mind Network is a project focused on Fully Homomorphic Encryption (FHE) technology, dedicated to building a fully encrypted infrastructure for Web3. The project aims to enable computation on encrypted data using FHE technology, ensuring privacy and security. Mind Network offers various products, including AgenticWorld, FHE Bridge, and MindSDKs, providing privacy protection solutions for developers and users.
Important news about FHE recently:
1️⃣ Fully Homomorphic Encryption Technology Gains Attention With data privacy and security issues becoming increasingly prominent, fully homomorphic encryption technology is receiving more and more attention. As a project focused on FHE technology, Mind Network is in a favorable position in this trend, likely to attract more investors and user interest.
2️⃣ The overall cryptocurrency market is warming up Recently, the cryptocurrency market has shown an overall warming trend, with the rise in prices of mainstream coins like Bitcoin driving positive sentiment across the market. As an emerging privacy protection project, FHE (Mind Network) has also benefited, experiencing a significant rise.
3️⃣ Institutional Investors' Recommendations for Allocating to Crypto Assets Renowned investor Ray Dalio suggested allocating 15% of long-term assets to assets like Bitcoin and gold. This viewpoint may enhance market confidence in crypto assets, indirectly driving up the prices of cryptocurrencies including FHE.
From a technical perspective, FHE has broken through the 0.06 dollar mark, demonstrating strong pump momentum. However, considering the high volatility of the market, investors still need to remain cautious and pay attention to the project's long-term development prospects and actual application progress.
This message does not constitute investment advice; investors should be aware of market volatility risks.