GOATED (GOAT Network) fell 29.91% in the last 24 hours.

Gate News Bot news, September 28, according to CoinMarketCap data, as of the time of writing, GOATED (GOAT Network) is currently priced at $0.14, having fallen 29.91% in the last 24 hours, with a high of $0.20 and a low of $0.09. The current market capitalization is approximately $147,000, a decrease of about $6.2575 million compared to yesterday.

GOAT Network is the first Bitcoin ZK Rollup with real yield. It provides secure and sustainable infrastructure designed specifically for Bitcoin and other cryptocurrencies. GOAT Network inherits Bitcoin's native security through its self-developed Ziren technology, GOAT BitVM2, and decentralized sorter. The network supports users in obtaining real, sustainable BTC yields through on-chain economic activities rather than through inflationary tokens. GOAT Network also offers diversified yield strategies for users with different risk preferences, including SafeBox, PoS staking, and options markets.

Important news about GOATED recently:

1️⃣ GOATED officially launched on the Gate Alpha platform The GOATED token has officially launched for trading on Gate's Alpha platform recently. As an emerging crypto project, the listing of GOATED provides investors with a new avenue to participate in the project, while also increasing its liquidity and market attention.

2️⃣ The effect of new listings causes price fluctuations The GOATED token experienced significant price fluctuations after its listing. Within 24 hours, the price fell from a high of $0.20 to a low of $0.09, and then slightly rebounded to $0.14. This large volatility reflects the common market uncertainties and changes in investor sentiment associated with newly listed tokens.

3️⃣ Market capitalization has significantly shrunk, highlighting a cautious market attitude In the past 24 hours, GOATED's market capitalization has decreased by approximately $625.75 million, falling to $147,000. This significant shrinkage in market capitalization indicates that, despite the project's recent launch, investors are taking a cautious stance on its short-term prospects, possibly waiting for more substantial project developments and market performance.

From a technical perspective, the price movement of GOATED shows significant volatility, which may continue in the short term. Investors should closely monitor the project's subsequent developments and market reactions to assess its long-term investment value.

This message is not an investment advice, and investors should be aware of market volatility risks.