Gate News Bot news, on November 13, according to CoinMarketCap data, as of the time of writing, PUFFER (Puffer) is currently priced at 0.09 USD, with a rise of 12.66% in the last 24 hours, reaching a high of 0.09 USD and a low of 0.08 USD. The current market capitalization is approximately 15.56 million USD, an increase of 1.75 million USD compared to yesterday.
Important news about PUFFER recently:
1️⃣ Large institutions injecting capital to drive liquidity rise
EthZilla plans to deploy approximately $47 million in Ethereum funds to Puffer's liquidity re-staking protocol. This massive capital injection is expected to significantly enhance the liquidity and market influence of the Puffer protocol, providing strong support for its price rise.
2️⃣ The appeal of the protocol continues to strengthen
Puffer, as a liquidity re-staking protocol, has attracted $1 billion in deposits in just 3 weeks. This astonishing rise reflects the market's high recognition of the Puffer protocol and provides a solid foundation for the value of its tokens.
3️⃣ Community Incentive Program Launched
Puffer recently launched a token and community airdrop event. This initiative helps to expand its user base, increase community engagement, and also positively impacts the token's liquidity and demand.
From a technical perspective, PUFFER continues to maintain its upward momentum after breaking through the $0.09 level, and it may test higher resistance levels in the short term. However, investors still need to be cautious of the risk of a pullback after a rapid rise.
This message is not an investment advice, and investors should be aware of market volatility risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bhutan Sells $18.46M Bitcoin as Price Nears $74k Resistance
The Royal Government of Bhutan transferred approximately 250 BTC worth $18.46 million in the past 24 hours, according to on-chain data from Arkham, continuing a broader pattern of reduced Bitcoin holdings. The transfers included 162 BTC and 69.7 BTC sent to new wallet addresses within a short
CryptoFrontier6m ago
PEPE Holds Key Range as $0.000005 Breakout Comes Into Focus
Key Insights:
PEPE trades in consolidation with neutral RSI and bearish MACD, signaling a potential buildup before a decisive directional move in coming sessions.
Analysts highlight a $0.000005 breakout level, representing nearly 50% upside if momentum shifts and buying volume strengthens
CryptoNewsLand24m ago
XRP Consolidation Signals Reset as Bullish Setup Emerges
XRP has recently rebounded to $1.39 after trading between $1.20 and $1.40 due to improved market sentiment. A significant drop in futures open interest reflects reduced speculation, while technical indicators suggest a potential bullish breakout, targeting $1.50 and possibly $1.80.
CryptoNewsLand28m ago
World Liberty Financial Proposes Restructured Vesting for 62.28B WLFI Tokens With Up to 4.52B Burn
World Liberty Financial proposed a governance restructuring affecting 62.28 billion WLFI tokens, including a potential burn of up to 4.52 billion tokens for eligible holders. The plan aims to align governance participation over two years, amid concerns about token unlocks and governance transparency.
GateNews47m ago
Solana Adoption Surges to 167M While Usage and Price Diverge
Key Insights
Solana reached 167 million holders, signaling strong adoption growth even as active addresses declined, showing a widening gap between ownership and usage trends.
Institutional interest increased as DeFi Development Corp accumulated over 2.22 million SOL, reinforcing long-term c
CryptoNewsLand1h ago
XRP Eyes Breakout as US Congress Revisits CLARITY Act
Key Insights:
XRP price faces a decisive week as the US Congress debates the CLARITY Act, with legislative progress likely to influence short-term market direction significantly.
Technical indicators highlight a potential breakout above $1.36, while mixed momentum signals suggest
CryptoNewsLand1h ago
