ART (LiveArt) rose 28.75% in the last 24 hours.

Gate News Bot news, September 15, according to CoinMarketCap data, as of the time of publication, ART (LiveArt) is reported at 0.04 USD, with a rise of 28.75% in the last 24 hours, reaching a high of 0.04 USD and a low of 0.02 USD, with a 24-hour volume of 16.5 million USD.

LiveArt is a platform focused on transforming iconic physical assets into fully crypto-functional assets. It allows users to buy, trade, lend, and exchange high-quality assets, including artworks, watches, and luxury collectibles. LiveArt aims to bring the $100 trillion physical asset market into the crypto space, providing users with trading and DeFi functionalities for investment-grade physical assets.

Important news about ART recently:

1️⃣ Gate platform adds ART high-yield financial products Gate Yu Bi Bao platform launched a 7-day fixed-term financial product for ART tokens, offering an annualized return of up to 500%. The total quota for this product is 1.7 million ART tokens, utilizing a first-come, first-served subscription mechanism. This high-yield investment option may attract a large number of investors' attention and stimulate the demand for ART tokens.

2️⃣ Gate fully expands ART trading functions Gate launched the perpetual contract trading for ART on September 9th from 20:10 to 22:10( UTC+8, supporting 1-20x leverage. At the same time, the platform has gradually opened up features such as unified account lending, isolated margin trading, spare coin investment, and mortgage lending. The addition of these new features has greatly enhanced the liquidity and trading depth of ART, providing support for its price rise.

3️⃣ The scale and influence of the LiveArt project continue to expand LiveArt, as a RWA protocol focused on on-chain physical assets, has been deployed on 17 public chains, connecting over 13 million wallets, with asset pipeline scale exceeding 200 million dollars. The continuous development of the project and the expansion of its influence provide a solid foundation for the value of the ART token.

From a technical perspective, the price of ART has seen a significant pump in the short term and may face some retracement pressure. However, considering the ongoing development of the project and the continuous launch of new features, the medium to long-term trend is still worth paying attention to. Investors should closely monitor the subsequent usage of ART-related features on the Gate platform, as well as the further development trends of the LiveArt project.

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