EDGE (Definitive) rose 106.72% in 24 hours

Gate News Bot news, July 24, according to CoinMarketCap data, as of the time of writing, EDGE (Definitive) is currently priced at $0.20, with a rise of 106.72% in the last 24 hours, peaking at $0.23 and dipping to a low of $0.07. The current market capitalization is approximately $40.8 million, an increase of $21.1 million compared to yesterday.

Definitive is a multi-chain advanced trading platform designed to provide users with a professional-level trading experience. EDGE is its utility token, allowing users to stake EDGE to receive lower transaction fees, priority access to new features, and exclusive rewards. The platform supports advanced order types, multi-chain EVM and Solana trading, gas-free trading, and more, providing users with a convenient experience similar to centralized exchanges.

Important news about EDGE recently:

1️⃣ EDG successfully landed on the Alpha platform EDGE token has officially launched trading on the Alpha platform. This move will significantly enhance the liquidity and accessibility of EDGE, providing more opportunities for investors and traders to participate. The addition of the Alpha platform is expected to bring new user groups and trading volume to EDGE, further promoting the development of its ecosystem.

2️⃣ The market is responding positively, with prices significantly rising EDGE was launched on the Alpha platform, and the market response has been exceptionally positive. Within 24 hours, the price of EDGE surged from a low of $0.07 to a high of $0.23, an increase of over 200%. This strong price performance reflects investors' high recognition and optimistic expectations for the EDGE project.

3️⃣ Market capitalization significantly rises, investor confidence improves With the significant rise in price, the market capitalization of EDGE increased by 21.1 million dollars in a short period, reaching 40.8 million dollars. This remarkable growth in market capitalization not only reflects the strong interest in EDGE from the market but also injects more financial support for the project's future development.

From a technical perspective, the price of EDG has broken through several important resistance levels, showing strong upward momentum. However, investors should also be wary of the potential pullback risks that may arise after such a rapid rise. From a fundamental analysis standpoint, the multi-chain trading capabilities and gas-free trading features of the Definitive platform are expected to hold a unique advantage in the highly competitive DeFi market.

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