Gate News Bot Message, December 30th, according to CoinMarketCap data, as of press time, POWER (Power Protocol) is trading at $0.36, up 10.17% in the past 24 hours, with a high of $0.41 and a low of $0.21. The 24-hour trading volume reached $13.3 million. The current market capitalization is approximately $75.2 million, an increase of $6.95 million compared to yesterday.
Recent Important News about POWER:
1️⃣ Gate Launchpool Staking Mining Continues to Drive Engagement
Gate Launchpool’s 349th campaign started on December 17th and runs for 10 days until December 27th, with a total of 280,000 POWER tokens allocated for airdrop distribution. Users can stake USDT, GUSD, and POWER assets to participate in mining. The system distributes rewards hourly based on the proportion of staked assets to spot accounts. This type of staking activity attracts capital inflow through economic incentives, expanding the token’s participation base within the platform, providing price support, and the new user experience coupon rewards further broaden the ecosystem engagement.
2️⃣ Platform’s First Liquidity Advantage and Official Ecosystem Incentives Create Sustained Momentum
POWER was launched on the Gate platform on December 11th, marking its global debut for spot trading, providing an official recognized trading channel and ample liquidity. Within two weeks of launch, POWER maintained a top-three ranking in market heat, and through the GT holder HODLer Airdrop plan (105,000 POWER tokens), the token holder base was expanded. The liquidity advantage from the platform’s debut combined with official ecosystem incentives has created ongoing market attention and support.
3️⃣ Application Ecosystem Deployment and Top-tier Institutional Endorsements Strengthen Fundamentals
Power Protocol is positioned as an incentive layer protocol that converts user behavior and application revenue into on-chain rewards, connecting Web2 applications to Web3. The protocol was launched alongside the Fableborne game application, which is among the first Web3 mobile games to achieve mass-market metrics and has received support from industry leaders such as Delphi, Spartan, Mechanism, and Sky Mavis. Clear progress in application deployment and top-tier institutional endorsements provide tangible recognition of the project’s practical value, boosting market confidence in its long-term development prospects.
This message is not investment advice; please 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
Ethereum Breaks Upward as Bullish Momentum Returns — What Next for ETH?
ETH rises above $2,200 as buyers regain control and defend key support.
Derivatives and ETF inflows show growing demand and renewed market confidence.
Critical support near $2,000 will determine if bullish momentum can continue.
Ethereum has finally shown signs
CryptoNewsLand25m ago
Tom Lee: The market is showing signs of forming a bottom; Ethereum, BMNR, and Bitcoin are recommended.
Gate News message, April 10, renowned market analyst Tom Lee posted that there are increasing signs the market bottom has already formed, even though the overall market still generally remains skeptical. Tom Lee suggested that for investors who are still skeptical, they could consider buying assets that performed ahead during the U.S.-Iran war. He pointed out that Ethereum and BMNR are among his top picks, and Bitcoin is also included among the recommendations. Tom Lee believes that crypto assets have already proven themselves to be a store of value during wartime.
GateNews53m ago
SHIB Slumps 93% From ATH as Bulls Struggle to Regain Control
SHIB price fell 93% from its all-time high, losing most of its previous momentum.
Holder growth continues, with new wallets joining despite weak market conditions.
Bulls are struggling to regain control, but on-chain signals suggest potential long-term recovery.
Shiba Inu once captured m
CryptoNewsLand1h ago
Gold and silver are rising, while BVIX and EVIX are down more than 1%
On April 10, the precious metals market was strong: gold rose to $4,773.60 per ounce, and silver rose to $76.364 per ounce. In the crypto market, volatility eased, the FX market saw the U.S. dollar weaken versus the Chinese yuan, and global equity indexes rose. In commodities, WTI crude oil rose while Brent crude oil fell. The Gate platform supports trading a variety of financial assets.
GateNews1h ago
PEPE on the Edge: Will ETF Momentum Push Prices Higher?
ETF filing boosted PEPE sentiment, but confirmation remains uncertain.
Price compresses near support, signaling a possible breakout soon.
Resistance levels must break to confirm bullish momentum.
PepeCoin — PEPE, has returned to center stage after fresh ETF chatter shook the market.
CryptoNewsLand2h ago
Crypto Sector Wavers As Geopolitical Tensions Influence Market Performance
The crypto market has seen a 1.14% decline, with Bitcoin and Ethereum experiencing slight gains. Top gainers include PEPE and IRISnet. DeFi TVL increased, while NFT sales dropped. Notable events include xAI suing Colorado and South Korea tightening crypto regulations.
BlockChainReporter3h ago
