MAJO (Majo) rose 61.55% in 24 hours.

Gate News Bot news, on August 12, according to CoinMarketCap data, as of the time of writing, MAJO is currently priced at $0.00561063, having risen 61.55% in the last 24 hours, with a highest price of $0.00621631 and a lowest price of $0.0027626. The 24-hour volume reached $72,700.

Recent important news from MAJO:

1️⃣ The overall market strength drives the rise of small-cap tokens The cryptocurrency market has recently shown an overall pump trend, with several mainstream tokens such as ETH and SOL experiencing significant rise. As a low market cap token, MAJO may be influenced by market sentiment, following the overall trend with a larger amplitude of rise.

2️⃣ Speculative capital inflow drives prices to rise rapidly MAJO rose from a low of 0.0027626 USD to a high of 0.00621631 USD within 24 hours, an increase of over 120%. Such drastic price fluctuations may stem from the rapid influx of short-term speculative funds, driving prices to surge significantly in a short period.

3️⃣ volume significantly increased MAJO 24-hour volume reached $72,700, significantly increasing trading activity relative to its market cap. The rise in volume reflects growing market interest in the token, potentially attracting more investors to pay attention and participate in trading.

As a small-cap token, MAJO experiences significant price volatility. Investors should fully understand its high-risk characteristics and rationally view the substantial rise in the short term. Currently, there is a lack of specific fundamental information about this project, and it is recommended that investors conduct in-depth research and risk assessments before making investment decisions.

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