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
Is Bitcoin mispricing a prolonged Iran war? Ex-hedge fund manager weighs in
James Lavish warns Bitcoin holders that continued conflict in Iran could trigger inflation and market downturns. While Bitcoin may face further declines, he sees potential long-term opportunities. He discusses the impact of global economic pressures on investments.
Cointelegraph9m ago
10x Research: Tether’s USDT issuance on Ethereum surpasses Tron—ETH could become the main beneficiary of stablecoin growth
10x Research noted that over the past five years, Ethereum (ETH) has performed lackluster, with its price trading around $2,000, mainly due to weak on-chain activity leading to insufficient demand. After falling 57% from its 2025 peak, ETH’s current valuation remains low, while capital accumulation is still ongoing; USDT’s issuance has surpassed Tron, sparking discussion that ETH could become a leading beneficiary of stablecoin growth. Analysts are now re-evaluating ETH’s potential turning point.
GateNews24m ago
Bitcoin Holds Steady Near $67K Amid Bullish and Geopolitical Tension
This weekend, Bitcoin ($BTC) has shown a steady performance in line with a blend of technical and geopolitical outlook. In this respect, Bitcoin ($BTC) is changing hands at $67K with significant support levels at $64K and $65K and notable resistance at $74K. As per the data from CRYPTO Damus, the
BlockChainReporter37m ago
XRP Trading Volume Drops by 50% as the Altcoin Records Six Consecutive Red Monthly Closes
XRP trading volume drops by 50%, feeding bearish expectations.
The altcoin records six consecutive red monthly closes.
Could this be the longest coil for XRP before the biggest launch?
The crypto community is disheartened to see the
CryptoNewsLand3h ago
VanEck Research Head: BTC derivatives protection demand hits the 99th percentile, releasing a contrarian long setup signal
VanEck research chief Matthew Sigel noted that protective demand in the Bitcoin derivatives market has reached a historical high, suggesting the market may be suitable for establishing long positions. At the same time, he warned that high spending in the AI sector without returns could put pressure on the market.
GateNews3h ago
Bitcoin’s ‘no direction’ action may lead to heavier breakout: Analyst
Bitcoin's prolonged consolidation below $70,000 may indicate a potential rally, despite mixed analyst sentiment. While some predict a breakout, others warn of deeper bearish trends. Current trading is stagnant, with Bitcoin at $66,890.
Cointelegraph4h ago
