0G (0G) 24-hour pump 35.09%

Gate News Bot news, on November 3rd, according to CoinMarketCap, as of the time of writing, 0G (0G) is currently priced at $1.44, with a rise of 35.09% in the last 24 hours, reaching a high of $1.70 and a low of $0.94, with a 24-hour volume of $175 million. The current market capitalization is approximately $307 million, an increase of $79.7 million compared to yesterday.

0G Foundation is the manager of decentralized AI as a public good. It supports the world's first AI Layer 1 designed specifically for transparency, verifiability, and scalability. The mission of 0G Foundation is to hold AI accountable to the public, ensuring transparency, fairness, and alignment with human needs. The 0G ecosystem is expanding at a faster rate than any AI blockchain, rapidly adopting in infrastructure, research, and partnerships.

0G Recent Important News:

1️⃣ Large investors add 0G long positions A well-known cryptocurrency investment address has opened a new 0G long position in the past 5 hours. This investor has previously successfully predicted and participated in the rise of other tokens, and the new 0G position may indicate a positive outlook on the project.

2️⃣ The long position size in 0G reached $525,000 This investor's 0G long position uses 3x leverage, with a total scale reaching $525,000. The size of this position reflects the investor's strong confidence in the future trend of 0G.

3️⃣ Short-term position floating loss of 20% Despite opening new positions, the investor's 0G long position is currently at a 20% floating loss. This situation aligns with the recent price fluctuations of 0G and also reflects the high volatility characteristics of the cryptocurrency market.

From a technical perspective, 0G has seen a significant rise in the past 24 hours, with an increase of 35.09%, which may be related to the entry of large investors. However, considering the short-term floating losses of new positions, investors should closely monitor the subsequent price trends of 0G and the potential risks of a pullback.

This message is not intended as investment advice; investors should be aware of market volatility risks.