B (BUILDon) rose 11.69% in the last 24 hours.

Gate News Bot news, September 30, according to CoinMarketCap data, B (BUILDon) is currently priced at $0.30, with a rise of 11.69% in the last 24 hours, peaking at $0.38 and dipping to a low of $0.26. The current market capitalization is approximately $297 million, an increase of $31.1 million compared to yesterday.

BUILDon is a builder token project in the BSC ecosystem, focusing on constructing practical application scenarios and infrastructure for USD1 and WLF1 in a multi-chain ecosystem. Its mission is to develop USD1 into a truly useful on-chain asset, not just a meme, but existing as infrastructure. BUILDon is building cross-chain use cases for USD1 and WLF1, committed to providing real application scenarios and value for these assets.

B (BUILDon) recent important news:

1️⃣ Bitcoin market strong rebound The price of Bitcoin has surpassed the $114,000 mark, rising over 3% in the last 24 hours. As a barometer of the cryptocurrency market, Bitcoin's strong performance has driven the rise of the entire market, with many tokens, including B (BUILDon), experiencing varying degrees of increase.

2️⃣ The overall recovery of the crypto market Recently, mainstream cryptocurrencies such as Bitcoin, Ethereum, BNB, etc. have shown a rebound trend, driving the overall cryptocurrency market sentiment to warm up. This positive market atmosphere provides upward momentum for mid and small market capitalization tokens like B (BUILDon).

3️⃣ Institutional investors continue to enter the market Several listed companies and institutional investors continue to increase their holdings in Bitcoin, such as LQWD Technologies increasing its holdings by 14 BTC, bringing the total to 252.5 BTC. The continuous entry of institutional investors has injected confidence into the entire cryptocurrency market, indirectly driving the price rise of tokens such as B (BUILDon).

From a technical perspective, B (BUILDon) has broken through the $0.30 mark, showing strong short-term rise momentum. However, considering the high volatility of the cryptocurrency market, investors still need to closely monitor project developments and overall market changes.

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