SQD (Subsquid) rose 61.00% in the last 24 hours.

Gate News Bot message, November 28, according to CoinMarketCap data, as of the time of writing, SQD (Subsquid) is currently priced at $0.10, with a rise of 61.00% in the last 24 hours, reaching a high of $0.11 and a low of $0.05. The current market capitalization is approximately $924,000, an increase of $350,000 compared to yesterday.

Recent important news about SQD:

1️⃣ Secured millions of dollars in funding to accelerate AI agent market layout SQD successfully raised millions of dollars in funding, aimed at driving its development in the rapidly rising AI agent market. This funding will be used to expand SQD's influence in the AI field, which is expected to promote technological innovation and market expansion, providing strong momentum for its value rise.

2️⃣ Acquired by Rezolve AI, Empowering Enterprise-level Web3 AI Solutions Rezolve AI announced the acquisition of SQD, aimed at supporting its Web3-driven enterprise AI solutions. This acquisition highlights the importance of SQD technology in enterprise-level AI applications and may bring broader application prospects and market opportunities to SQD, further enhancing its position in the industry.

3️⃣ Market attention increases, price expectations are positive Several cryptocurrency analysis platforms have begun to closely monitor the price movement of SQD and have released positive price forecasts. This increased attention reflects the market's recognition of SQD's potential for future development, which may attract more investors to participate, thereby driving its price and market capitalization to rise rapidly.

From a technical perspective, SQD's strong performance in the past 24 hours, with the price rising from $0.06 to $0.10, a rise of 61.00%, may be closely related to these favorable factors. However, considering the high volatility of the cryptocurrency market, investors still need to cautiously assess the risks.

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