DEBT (DebtCoin) rose 88.25% in 24 hours

Gate News Bot news, July 29, according to CoinMarketCap data, as of the time of writing, DEBT (DebtCoin) is currently at 0.03 USD, having risen 88.25% in the last 24 hours, reaching a high of 0.03 USD and a low of 0.01 USD, with a 24-hour volume of 16.4 million USD. Current market capitalization data is not available.

DebtCoin (DEBT) is a meme coin based on Solana, aimed at turning trading activities into real impact. The creator fees are directly converted and sent to the U.S. Department of the Treasury through Pay.gov's "Gifts to Reduce Public Debt" program. Each payment is public, verifiable, and supported by an official receipt. The project sent over $60,000 to the U.S. government within the first 24 hours. 25% of the DEBT tokens are locked for the mission of reducing debt.

Important news about DEBT recently:

1️⃣ Gate Alpha platform successfully launched DEBT

DEBT has recently been successfully launched on the Alpha platform of Gate exchange, bringing new trading channels and more market attention to the project. This move provides DEBT with broader liquidity and trading opportunities, helping to enhance its market performance.

2️⃣ DEBT price shows a strong pump trend

Since its launch on the Gate Alpha platform, the price of DEBT has shown a significant rise trend. At different points in time, the increase of DEBT reached 700.20%, 89.47%, and 112.10%, with the latest price reaching 0.012755 USDT. This continuous upward trend reflects the market's positive recognition of the DEBT project.

3️⃣ Price fluctuations are severe in the short term.

Despite the overall rise trend of DEBT, its price has experienced significant volatility in the short term. It quickly pumped from 0.002852 USDT to 0.012755 USDT, reflecting the token's high market activity and changes in investor sentiment. This volatility also reflects common market characteristics of newly launched tokens.

From a technical perspective, the price trend of DEBT shows a strong upward channel, but it also comes with significant volatility risks. Considering its characteristics as a newly launched token, investors should closely monitor its liquidity changes and potential price adjustments.

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