OVPP (OpenVPP) rose 4.63% in the last 24 hours.
Gate News Bot news, on September 28, according to CoinMarketCap data, OVPP (OpenVPP) is currently priced at $0.10, with a pump of 4.63% in the last 24 hours, reaching a high of $0.11 and a low of $0.04. The current market capitalization is approximately $81.6 million, an increase of $3.61 million from yesterday.
OpenVPP is the world's first decentralized payment and tokenization layer for the global electric utility industry. The project aims to provide blockchain-based solutions for the $10 trillion global electric utility industry, including a stablecoin payment layer, peer-to-peer routing protocols for distributed energy resources, energy tokenization, and on-chain energy pricing oracles. OpenVPP is led by CEO and founder Parth Kapadia, who has previously worked at Exelon Corp and AutoGrid, and the team members have experience working with energy giants including Sunrun, Tesla Energy, and Commonwealth Edison.
Important news about OVPP recently:
1️⃣ Gate trading start time adjustment OpenVPP (OVPP) trading on the Gate platform will have its opening time adjusted, with the specific opening time yet to be determined. This change may affect investors' trading strategies and market expectations, and is one of the potential factors for short-term price fluctuations of OVPP.
2️⃣ Alpha Platform Launch OVPP has successfully launched on the Alpha platform. This marks a new progress for the OpenVPP project in expanding trading channels, which helps to improve the liquidity and market exposure of OVPP, and may be an important factor in driving its recent price rise.
3️⃣ Prospects of Blockchain Applications in Public Utilities OpenVPP, as a decentralized payment and tokenization platform focused on the global utility sector, has attracted the attention of investors with its unique market positioning. The project is committed to building an energy internet by integrating distributed energy resources ( DER ) and advanced metering technologies, providing innovative solutions for the $10 trillion electricity industry. This potential may be a long-term driving force behind the rise of OVPP's market capitalization.
From a technical perspective, OVPP has recently experienced significant price fluctuations. Investors should closely monitor its performance on the new trading platform as well as the specific launch time on Gate in the future, as these factors may have a substantial impact on OVPP's price trend.
This message is not intended as investment advice; investors should be aware of market volatility risks.