POWER (Power Protocol) increased by 14.90% in the past 24 hours

Gate News Bot Message, December 17th, according to CoinMarketCap data, as of press time, POWER (Power Protocol) is currently priced at $0.31, up 14.90% in the past 24 hours, with a high of $0.31 and a low of $0.19. The 24-hour trading volume reached $27.9 million. The current market capitalization is approximately $64.1 million, an increase of $8.32 million from yesterday.

Recent Important News about POWER:

1️⃣ Gate Global Launch Drives Continuous Popularity
POWER was officially launched on Gate’s global spot trading platform on December 11, with POWER/USDT trading pairs opening at 21:00(UTC+8) on the same day. As a major exchange debut, this provides an official trading channel and ample liquidity support for the token. Since launch, within one week, POWER has maintained a top-three position in market popularity, demonstrating the sustained driving force of exchange debut effects and keeping investor attention high.

2️⃣ HODLer Airdrop Event Strengthens Community Foundation
Simultaneously with the launch, Gate initiated the 327th HODLer Airdrop event, with a total airdrop of 105,000 POWER tokens, distributed proportionally to GT holders. This type of airdrop mechanism expands the token holder base, and through incentive design within the platform ecosystem, enhances community stickiness and lays a foundation for increased market participation in the future.

3️⃣ Application Ecosystem Layout Provides Fundamental Support
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 game application Fableborne and received support from leading industry institutions such as Delphi, Spartan, Mechanism, and Sky Mavis. Clear application deployment progress and top-tier institutional endorsement provide a basis for market recognition of practical application value.

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