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COW (CoW Protocol) rose 24.12% in the last 24 hours.
Gate News Bot message, September 29, according to CoinMarketCap data, as of the time of writing, COW (CoW Protocol) is currently priced at $0.35, with a rise of 24.12% in the last 24 hours, reaching a high of $0.35 and a low of $0.26, with a 24-hour volume of $134 million. The current market capitalization is approximately $180 million, an increase of $35 million compared to yesterday.
Important news about COW recently:
1️⃣ COW Swap launches collaboration features and reward programs The DEX aggregator COW Swap recently launched new collaboration features and more reward programs aimed at improving trading efficiency. This initiative is expected to increase the platform's volume by 33%, significantly enhancing user experience and liquidity, and driving demand for COW token to rise.
2️⃣ The market is optimistic about the price expectations of COW Several cryptocurrency analysis firms recently released price prediction reports for COW, generally holding a positive attitude towards its future trend. This reflects the confidence of market participants in the development prospects of COW Protocol, which may attract more investors' attention and entry.
3️⃣ COW Protocol ecosystem continues to expand COW Protocol, as a decentralized trading infrastructure, is continuously expanding its application scenarios and partners. With the ongoing rise in the DeFi sector, COW's value proposition and market position are expected to be further solidified, providing long-term support for token prices.
From a technical perspective, COW has broken through the key resistance level of $0.35, showing strong short-term momentum. However, investors should remain cautious of the potential retracement risks that may arise after a rapid surge.
This message does not constitute investment advice; investors should be aware of market volatility risks.