BEAT (Audiera) rose 15.97% in the last 24 hours

Gate News Bot news, on November 19, according to CoinMarketCap data, as of the time of writing, BEAT (Audiera) is currently priced at 0.46 USD, having risen 15.97% in the last 24 hours, with a peak of 0.55 USD and a low of 0.24 USD. The current market capitalization is approximately 64 million USD, an increase of 8.81 million USD compared to yesterday.

Audiera is a Web3 project that integrates 20 years of dance tradition, bringing the memories of 5.6 million dancers back to life on the blockchain. Users do not need to download an app; they can simply connect their wallets to enter a new era with AI idols Kira and Ray. The platform supports dancing on Telegram and achieves a fusion of virtual and reality through fitness mats, allowing users to dance while working out and earn double rewards. BEAT is the native token of the Audiera platform.

Recent important news about BEAT:

1️⃣ The launch of perpetual contracts drives increased liquidity Gate exchange recently launched the BEAT/USDT perpetual contract trading pair, supporting 1-20x leverage for long and short positions, with USDT as the settlement currency. This move significantly enhances the trading flexibility of BEAT, providing investors with more trading strategy options, which helps attract more market participants and subsequently increases the liquidity of BEAT.

2️⃣ Trading volume surge reflects market enthusiasm The 24-hour trading volume of BEAT surpassed $1.176 billion on November 13, showing a significant rise compared to before. Such a huge increase in trading volume reflects the strong interest in BEAT from the market, possibly due to the newly launched perpetual contracts attracting a large number of traders to participate. High trading volume usually brings more price discovery opportunities, driving price fluctuations in the short term.

3️⃣ Market capitalization rapidly rises, demonstrating investor confidence The market capitalization of BEAT has seen a significant rise in a short period, increasing from approximately $49.99 million on November 13 to about $60.10 million on November 14, with a rise of over 20%. The rapid expansion of the market capitalization reflects the growing confidence of investors in the BEAT project, which may become a supporting factor for sustained price increases in the future.

From a technical perspective, the BEAT price has seen a significant rise in the short term, but it is also accompanied by a considerable risk of volatility. The huge gap between the highest and lowest prices indicates that market sentiment may be quite unstable. Investors should closely monitor subsequent price trends and changes in trading volume to assess the sustainability of the current price level.

This message is not intended as investment advice; investors should be aware of market volatility risks.