ROOT (The Root Network) has pumped 15.87% in the last 24 hours.

Gate News Bot news, on August 20, according to CoinMarketCap, as of the time of writing, ROOT (The Root Network) is currently reported at 0.00401376 USD, having pumped 15.87% in the last 24 hours, reaching a high of 0.00412617 USD and a low of 0.00324395 USD, with a volume of 5.68 million USD in the last 24 hours. The current market capitalization is approximately 14 million USD, an increase of 1.91 million USD compared to yesterday.

The Root Network is a powerful infrastructure designed to seamlessly connect games, content, and experiences. The network aims to build the technological and cultural foundation of an open metaverse, enabling creators, companies, and communities to shape their own future. The Root Network offers developer-friendly solutions, including a Substrate-based framework, integrated EVM, and custom runtimes to assist developers in building securely and scaling quickly.

Important news from ROOT recently:

1️⃣ Root Rewards Program Drives Ecosystem Participation Root Network recently launched the Root Rewards program, encouraging users to earn Root Points through mining. These points can be exchanged for ROOT token rewards. The program aims to increase community engagement, enhance network activity, and provide support for the price of ROOT tokens.

2️⃣ Technical architecture advantages recognized Root Network is designed based on the Substrate framework, integrating EVM and custom runtimes, providing developers with a flexible and efficient building environment. This technological advantage is gradually gaining market recognition, attracting more developers to join the ecosystem, and is expected to promote long-term value rise.

3️⃣ Metaverse infrastructure positioning attracts attention As the infrastructure connecting games, content, and experiences, Root Network occupies an important position in the rapidly developing metaverse track. Its open platform model provided for creators, companies, and communities is attracting more and more attention, which may be one of the potential driving factors behind the recent price rise.

From a technical perspective, ROOT has shown strong upward momentum after breaking through previous resistance levels and may continue to maintain a positive trend in the short term. However, considering the high volatility of the cryptocurrency market, investors still need to remain vigilant and pay attention to potential pullback risks.

This message is not an investment suggestion; investors should pay attention to market volatility risks.