PYR (Vulcan Forged (PYR)) rose 12.18% in the last 24 hours.

Gate News Bot news, August 6th, according to CoinMarketCap data, as of the time of writing, PYR (Vulcan Forged (PYR)) is currently priced at $1.09, having risen 12.18% in the last 24 hours, with a high of $1.31 and a low of $0.90. The current market capitalization is approximately $47.5 million, an increase of $5.15 million compared to yesterday. PYR currently ranks 580th in the global crypto assets market capitalization.

Recent important news about PYR:

1️⃣ Vulcan Forged ecosystem continues to expand Vulcan Forged, as a blockchain game and NFT platform, has recently been continuously launching new games and features. These initiatives help enhance the utility and demand for the PYR token, which may be an important factor driving the price rise.

2️⃣ PYR coin application scenarios expand The application scope of the PYR token within the Vulcan Forged ecosystem continues to expand, including in-game purchases, NFT trading, and staking. This diversification of applications helps to increase the circulation of the token and value capture, providing support for the price of PYR.

3️⃣ Market attention on game tokens is rising With the overall development of the blockchain gaming industry, the market’s attention to game-related tokens has increased. As a well-known token for gaming and NFT platforms, PYR may benefit from this trend, attracting more investors and users’ attention.

From a technical perspective, PYR has broken through the previous resistance level, showing strong rise momentum. However, considering the high volatility of the crypto assets market, investors still need to cautiously pay attention to potential pullback risks.

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