ETHI (Ethical Finance) rose 1679.26% in 24 hours.

Gate News Bot News, July 31, according to CoinMarketCap data, as of the time of writing, ETHI (Ethical Finance) is currently priced at $0.00452259, with a pump of 1679.26% in the last 24 hours, reaching a high of $0.00454958 and a low of $0.0000230257. The 24-hour volume is $121,300. Current market capitalization data is temporarily unavailable.

Important recent news about ETHI:

1️⃣ Liquidity staking is growing rapidly The liquidity staking scale of ETHI has approached 14 million tokens, indicating that investor confidence in the project is increasing. This rapid growth in staking activity may be one of the significant factors driving the substantial rise in ETHI prices.

2️⃣ The selling pressure from individual investors has weakened Despite the significant rise in the price of ETHI, the selling pressure from individual investors seems to have weakened. This indicates that the current price increase may have some sustainability and could continue to remain strong in the short term.

3️⃣ The overall cryptocurrency market is warming up The total market capitalization of the cryptocurrency market has risen to $3.87 trillion, significantly boosting investor confidence. This improvement in the overall market environment has also provided favorable conditions for the pump of small-cap tokens like ETHI.

From a technical perspective, the price of ETHI has experienced such a significant pump in a short period, which may face certain retracement risks. Investors need to closely monitor the subsequent price trends and volume changes to assess the sustainability of the current rise.

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