FF (Falcon Finance) increased by 19.45% in 24 hours

Gate News Bot news, on October 21, according to CoinMarketCap data, FF (Falcon Finance) is currently priced at 0.14 USD, with a rise of 19.45% in the last 24 hours, reaching a high of 0.18 USD and a low of 0.12 USD. The 24-hour volume reached 126 million USD. The current market capitalization is approximately 332 million USD, an increase of 54 million USD compared to yesterday.

Falcon Finance is a universal collateral infrastructure platform focused on innovation, security, and yield. Users can mint USDf, a collateralized synthetic dollar, by depositing qualified liquidity assets. Users can also stake USDf to create sUSDf, a yield-bearing token that provides users with diversified institutional-grade trading strategies, surpassing blue-chip basis arbitrage. The platform aims to provide users with transparent and secure financial solutions designed to achieve robust yield performance under any market conditions.

FF recent important news:

1️⃣ Perryverse NFT Series is Coming Soon Falcon Finance announced the launch of the first NFT series “Perryverse,” with a total issuance of 3,500 pieces. Staking 1,000 FF tokens provides a chance to enter the whitelist, with a whitelist minting price of 1,000 FF and a public minting price of 2,000 FF. Whitelist minting begins on October 22, and public minting will take place from the 23rd to the 24th. This move is expected to increase the demand and liquidity of FF tokens.

2️⃣ Large investors increase their holdings and stake FF Four large investors have cumulatively increased their holdings of 48 million FF (approximately 6.47 million USD) and have staked them during market fluctuations. This indicates that institutional investors maintain confidence in the FF project, which may provide support for the price of FF. A large number of tokens being staked also reduces the market circulation, potentially benefiting price performance.

3️⃣ Gate launches high-yield FF financial products Gate has launched the SAFFRONFI 30-day fixed investment product, with a total amount of 4,100 SAFFRONFI and an annualized yield of up to 200%. The launch of this product may attract more investors' attention to the FF ecosystem and increase the demand for FF tokens.

From a technical perspective, the FF price has seen a significant pump in the short term, which may be related to the positive news mentioned above. However, investors still need to closely monitor market changes and assess potential risks.

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