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RIVER(River)24小时上涨27.23%
Gate News Bot Message, January 19th, according to CoinMarketCap data, as of press time, RIVER (River) is currently priced at $27.20, up 27.23% in the past 24 hours, with a high of $42.01 and a low of $16.64. The 24-hour trading volume reached $63.1 million. The current market capitalization is approximately $533 million, an increase of $114 million from yesterday.
Important recent news about RIVER:
1️⃣ Product iteration and exchange ecosystem drive strong price increase
Since the launch of the Alpha version, RIVER has increased by over 100%, fully demonstrating the strong market appeal of new feature iterations. Supported by liquidity from mainstream centralized exchanges like Gate, the 24-hour trading volume has surged from $37.3 million on January 12th to the current $63.1 million, an increase of over 68%, with market participation continuously rising. The improvement of the exchange ecosystem has significantly expanded retail investors’ trading channels and greatly enhanced the market accessibility of the token, laying a solid foundation for sustained price growth. The price reached a high of $42.01, more than doubling from early levels, fully proving the synergistic effect of product innovation and expanded trading channels.
2️⃣ Ecosystem expansion and infrastructure improvement strengthen fundamentals
RIVER’s third-quarter airdrop has been completed, with over 130,000 users participating and 63,000 meeting the claim conditions. The project has achieved real-time integration with more than 30 platforms including Pendle, Morpho, and ListaDAO, launching innovative products such as Smart Vault and Prime Vault, and deploying multi-chain on the Base network. The protocol’s peak locked value reached $650 million, and the circulating satUSD increased to $350 million. These substantial ecosystem expansions, multi-chain capabilities, and product innovations have provided solid internal support for the market cap increasing from $345 million on January 12th to the current $533 million, a growth of 54.6%. This fully demonstrates the ongoing optimization of the project’s fundamentals and the effective implementation of ecosystem development.
3️⃣ Global community operations and market enthusiasm deepen investor consensus
Over 300,000 users have participated in ecosystem activities via Galxe, with 170,000 active on X platform tasks. More than 300 KOLs are deeply operating in markets including Korea, Latin America, English-speaking regions, China, Japan, and Turkey. Offline gatherings have been held in Korea, Argentina, and Brazil, with the project ranking among the top three in market hotness in early January. The broad global community participation and multi-regional ecosystem linkage fully reflect the market recognition of the River ecosystem model. The massive active user base provides strong support for the current continuous rise and ongoing buying pressure.
4️⃣ Token unlock risks to watch
RIVER will experience a large unlock at 8:00 AM Beijing time on January 22nd, with approximately 1.5 million tokens expected to be unlocked, representing 4.32% of circulating supply, worth about $36 million. Although the unlock magnitude is relatively moderate, investors should be aware of potential selling pressure during this period and remain cautious about future price movements.
This message is not investment advice. Investors should be aware of market volatility risks.