TAIKO (Taiko) up 19.92% in 24 hours

According to Gate News Bot on December 5, citing CoinMarketCap data, as of press time, TAIKO (Taiko) is trading at $0.24, up 19.92% in the past 24 hours, with a high of $0.24 and a low of $0.18. The current market capitalization is approximately $46.1 million, an increase of $7.66 million from yesterday. TAIKO ranks 469th in cryptocurrency market capitalization.

Recent key developments for TAIKO:

1️⃣ Activation of Pre-confirmation Feature to Improve Transaction Speed Taiko has recently activated a pre-confirmation feature aimed at accelerating transaction speeds on its Layer 2 network. This technical upgrade is expected to significantly enhance user experience and increase the network’s utility and competitiveness, thereby attracting more developers and users.

2️⃣ Completion of $15 Million Funding Round As a Layer 2 blockchain project on Ethereum, Taiko has recently raised $15 million in funding. These funds will be used to further develop and improve the Taiko network, providing strong financial support for its future growth.

3️⃣ Airdrop Plan Announced Before Mainnet Launch Taiko has announced its genesis airdrop plan, which will take place before the mainnet launch. The announcement of the airdrop is expected to increase community engagement and project attention, while laying the foundation for the future development of its ecosystem.

As an emerging Layer 2 solution, Taiko’s technological innovation and financial backing provide favorable conditions for the project’s long-term development. However, investors should closely monitor the project’s practical implementation and market response.

This message does not constitute investment advice. Please be aware of market volatility risks when investing.