4 (4) 24-hour fall 4.54%

Gate News Bot news, on October 17, according to CoinMarketCap data, as of the time of writing, it is currently reported at 0.17 USD, falling by 4.54% within 24 hours, with a peak of 0.24 USD and a low of 0.05 USD. The 24-hour volume reached 118 million USD. The current market capitalization is approximately 169 million USD, a decrease of about 8.039 million USD compared to yesterday.

4 Recent Important News:

1️⃣ Completed $6 million strategic financing The decentralized AI marketplace 4AI announced the completion of a $6 million strategic financing led by 0xLabs. The funds will be used to further develop and enhance the 4AI decentralized AI marketplace platform, which is expected to drive innovation in the integration of AI and blockchain.

2️⃣ Price volatility is high, and speculative sentiment is strong The price of the 4 token has experienced significant fluctuations in the short term. On October 15, the price of the 4 token was $0.21, with a 24-hour increase of up to 24.77%. The latest data shows that the 4 token is currently priced at $0.17, with a 4.54% fall in 24 hours. This continuous large fluctuation reflects the strong speculative sentiment in the market towards this token.

3️⃣ Gate Alpha launch brings ongoing attention The 4 token performed strongly after its launch on Gate Alpha, initially rising over 100%. Although there were fluctuations afterwards, this event brought sustained attention and volume to the token, becoming an important driving factor for recent price volatility.

From a technical perspective, the price of 4 tokens has experienced a significant rise in the short term followed by a pullback, demonstrating high volatility and speculation. Investors should closely monitor changes in its price support and resistance levels to assess potential future trends. At the same time, considering the characteristics of the Meme coin market, the significance of fundamental analysis is relatively limited.

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