RARE (SuperRare) has risen 13.48% in the last 24 hours, with a market capitalization of approximately 19.2 million USD.

GateNewsBot
RARE-4,07%
ETH-3,66%

Gate News Bot news, on December 24, according to CoinMarketCap data, as of the time of writing, RARE (SuperRare) is currently priced at $0.02, having risen 13.48% in the last 24 hours, with a high of $0.03 and a low of $0.02. The 24-hour volume reached $37.5 million. The current market capitalization is approximately $19.2 million, an increase of $2.28 million compared to yesterday.

RARE is an art token that supports the digital art economy. Holding RARE allows you to bet on the growth of the art market, and staking can yield returns, with an initial annual yield of 57%. RARE has a total supply of 1 billion tokens, with a fixed maximum supply and no inflation. The token has been launched on the Ethereum mainnet and the Base chain, governed by RareDAO.

The RARE network includes multiple platforms and tools such as SuperRare, Transient Labs, 24 Hours of Art, Botto, Rare Markets, Offline, Juno, Good Vibes Club, and Rare Vault, providing comprehensive ecological support for creators and collectors. The project has received support from collaborations with institutions such as Sotheby's and OpenSea, with investors including well-known industry figures like Mark Cuban and Naval Ravikant.

Important recent news about RARE:

1️⃣ NFT ecosystem platform security incidents raise risk concerns The SuperRare NFT platform has encountered a security vulnerability incident, which has caused a certain negative impact on the project's reputation. Although the incident has been disclosed and addressed, such security risks still require continuous attention, as they may have a phased impact on investor confidence and the health of the ecosystem.

2️⃣ Liquidity remains active The trading volume of RARE on the Gate platform remains at a good level of 37.5 million USD, indicating that market participation and trading depth are in a healthy state. Ample liquidity provides investors with a relatively convenient trading environment for entering and exiting.

3️⃣ Ecological application scenarios continue to expand The RARE network brings together multiple application platforms such as SuperRare, Botto, and Rare Markets, covering multidimensional functions like art creation, market trading, and community governance. The complete ecological layout provides practical application scenarios to support the token, enhancing the project's long-term value foundation.

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

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