FF (Falcon Finance) rose 8.01% in the last 24 hours.

GateNewsBot
FF1,12%
XAUT0,18%
BTC-2,09%

Gate News Bot news, on November 18, according to CoinMarketCap, as of the time of publication, FF (Falcon Finance) is currently priced at 0.14 USD, with a rise of 8.01% in the last 24 hours, reaching a high of 0.14 USD and a low of 0.12 USD. The current market capitalization is approximately 321 million USD, an increase of 23.8 million USD compared to yesterday.

Falcon Finance is a universal collateral infrastructure platform focused on innovation, security, and yield. Users can mint USDf, an over-collateralized synthetic dollar, by depositing eligible liquid assets. At the same time, users can stake USDf to create sUSDf, a yield token that offers a variety of institutional-grade trading strategies. Falcon Finance aims to provide transparent and secure financial solutions for resilient yield performance under any market conditions.

FF recent important news:

1️⃣ Tether Gold included in USDf collateral list Falcon Finance integrates Tether Gold (XAUt) as collateral for USDf, expanding the platform's collateral asset diversity. This move is expected to attract more users holding gold tokens to participate in the Falcon Finance ecosystem, potentially increasing the supply and use cases of USDf.

2️⃣ USDf supply surpasses the $2.1 billion milestone The supply of synthetic US dollars USDf on Falcon Finance has exceeded $2.1 billion, marking significant rise for the platform in the decentralized finance sector. This achievement not only reflects users' confidence in Falcon Finance products but also lays a solid foundation for the platform's future development.

3️⃣ Industry Executive Recognition DWF Labs managing partner Andrei Grachev publicly stated that his private investment portfolio only includes Bitcoin, USDT, and FF tokens. This information reflects the industry's recognition of FF tokens and may have a positive impact on market confidence.

From a technical perspective, FF has performed strongly recently, rising 8.01% within 24 hours, climbing from the previous $0.13 to the current $0.14, with a market capitalization increase of approximately $23.8 million. This upward trend is in line with the platform's ongoing product innovation and the expansion of its user base, indicating the market's optimism regarding Falcon Finance's future development prospects.

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

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