WLTH (Common Wealth) has pumped 43.23% in the last 24 hours.

Gate News Bot news, July 31, according to CoinMarketCap data, as of the time of writing, WLTH (Common Wealth) is currently at 0.01 USD, having pumped 43.23% in the last 24 hours, reaching a high of 0.01 USD and a low of 0.00 USD. The current market capitalization is approximately 5.72 million USD, an increase of 1.73 million USD from yesterday.

Common Wealth is a platform focused on early-stage Web3 project investments. The platform offers various investment products, including tokenized equity, investment funds, and cryptocurrency portfolios. Common Wealth aims to provide retail investors with institutional-level investment opportunities, with a minimum investment amount of just $40. The platform also offers an automatically rebalanced cryptocurrency portfolio to simplify the investment process. WLTH is the native token of the Common Wealth platform, used for platform governance and rewards.

Recent important news about WLTH:

1️⃣ Launch tokenized fractional ownership project The Common Wealth platform recently launched a tokenized fractional ownership project for Hadron Energy. This innovative initiative allows more ordinary investors to participate in private market investments, which is expected to attract more users to the platform, thereby driving up the demand for WLTH tokens.

2️⃣ Lower investment thresholds attract more retail investors The Common Wealth platform has lowered the investment threshold to $40, significantly reducing the barrier for ordinary investors to participate in early Web3 projects. This initiative is expected to bring more user growth, thereby enhancing the use cases and value of the WLTH token.

3️⃣ Automated Rebalancing Portfolio Feature Under Attention The platform's automatic rebalancing cryptocurrency portfolio feature has been favored by investors. This feature simplifies the investment process and helps attract more new users who are unfamiliar with the crypto market, indirectly driving the demand rise for WLTH tokens.

From a technical perspective, the price of the WLTH token has broken through previous resistance levels, showing a strong rise in the short term. However, considering the high volatility of the cryptocurrency market, investors should remain cautious about potential pullback risks.

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