PUFFER (Puffer) rose 37.87% in the last 24 hours.

Gate News Bot news, on October 29, according to CoinMarketCap data, as of the time of writing, PUFFER (Puffer) is currently priced at $0.12, having risen 37.87% in the last 24 hours, with a high of $0.15 and a low of $0.08. The current market capitalization is approximately $21.5 million, an increase of $5.9 million compared to yesterday.

Puffer is a project focused on building the future of Ethereum. Its products include liquid heavy staking, UniFi base Rollup, UniFi Preconf AVS, and Puffer institutional services, among others. Puffer is committed to enhancing the decentralization and scalability of Ethereum through innovative technology.

Important news about PUFFER recently:

1️⃣ Large Capital Injection Puffer Liquid Re-staking Protocol The crypto investment firm EthZilla plans to deploy approximately $47 million in Ethereum to Puffer's liquid re-staking protocol. This substantial investment not only demonstrates institutional investors' confidence in Puffer technology but will also significantly enhance the protocol's liquidity and attractiveness, providing strong momentum for the rise in PUFFER prices.

2️⃣ Puffer Launches Token and Community Airdrop Puffer recently launched its native token and simultaneously announced a community airdrop plan. This move helps to expand Puffer's user base, increase community engagement, and may attract more investors to pay attention to the project, thereby driving up token demand and prices.

3️⃣ Innovative Position in the Ethereum Ecosystem Puffer, as a project focused on building the future of Ethereum, is gradually gaining market recognition with its innovative products such as liquid heavy staking and UniFi-based Rollup. With the continuous development of the Ethereum network, Puffer's efforts to enhance decentralization and scalability may attract more attention and provide long-term support for token value.

From a technical perspective, PUFFER's recent strong pump has broken through multiple resistance levels, indicating strong upward momentum. However, investors still need to be wary of the potential pullback risks that may occur in the short term.

This message is not to be taken as investment advice, and investors should be aware of the risks of market volatility.