PLAY (PlaysOut) has pumped 17.80% in the last 24 hours.

Gate News Bot消息，September 1st, according to CoinMarketCap data, as of the time of writing, PLAY (PlaysOut) is currently priced at 0.06 USD, with a rise of 17.80% in the last 24 hours, reaching a high of 0.06 USD and a low of 0.04 USD. The current market capitalization is approximately 24 million USD, an increase of 3.62 million USD compared to yesterday.

PlaysOut is a global leader focused on mini-game infrastructure. The platform is designed to provide developers with frictionless game deployment, instant access to a global audience, and opportunities to earn revenue through every click, swipe, and session. PlaysOut seamlessly embeds mini-games into super apps via SDK, driving engagement, retention, and revenue. The platform is compatible with multiple engines, ready for any platform, and offers developer-friendly tools for instant super app integration.

Important news about PLA recently:

1️⃣ PlaysOut considers a new round of financing The gaming technology startup PlaysOut is evaluating a new round of equity financing plans, aiming to raise approximately $15 million. Upon completion of this financing, the company’s valuation is expected to exceed $150 million, demonstrating investors’ optimism about PlaysOut’s growth prospects.

2️⃣ High Specification Investor Attention PlaysOut has begun discussions with potential investors, targeting investment firms including Middle Eastern sovereign wealth funds and top global venture capital institutions. This indicates that PlaysOut’s business model and development potential have been recognized by high-profile investors.

3️⃣ Funds will be used to promote commercialization The PlaysOut plan intends to use the funds from this round of financing to promote its commercialization process. This means that the company may accelerate product development, market expansion, and business scaling, which is expected to drive the application scenarios of the PLAY token to expand and its value to rise.

From a technical perspective, the significant rise of the PLAY token in the past 24 hours may be related to this financing news. Investors’ optimistic expectations for PlaysOut’s future development may have driven the token price up. However, considering the high volatility of the cryptocurrency market, investors still need to be cautious and pay attention to subsequent developments.

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