TREE (Treehouse) has pumped 21.96% in the last 24 hours.

Gate News Bot news, on September 4th, according to CoinMarketCap, as of the time of writing, TREE (Treehouse) is currently priced at $0.38, with a rise of 21.96% in the last 24 hours, peaking at $0.59 and dipping to a low of $0.30. The current market capitalization is approximately $59 million, increasing by $1.06 million compared to yesterday. Currently, TREE ranks 520th in global Crypto Assets market capitalization.

Treehouse is a decentralized fixed income layer designed to build a unified fixed income infrastructure by connecting yield primitives, benchmark rates, and participation layers. Its main products include tAssets and Decentralized Offered Rates (DOR), providing enhanced yields and new fixed income products for digital assets. Treehouse is committed to promoting sustainable decentralized finance development.

Important news about TREE recently:

1️⃣ Significant Rise in Popularity Ranking TREE (Treehouse) jumped to 3rd place in the Crypto Assets heat ranking on August 29, indicating a significant increase in market attention towards the project. This rise in heat may be one of the important factors driving the TREE price pump.

2️⃣ Price Continuous Pump Trend TREE has shown a continuous pump trend over the past week. On August 28, TREE recorded a single-day rise of 80.38%, reaching a maximum of $0.59. This strong price performance has attracted more investors' attention, potentially further driving this round of rise.

3️⃣ Significant Increase in Trading Volume Accompanied by the rise in price, TREE's 24-hour trading volume also showed a noticeable rise, reaching 156 million USD on August 28. The increase in trading volume reflects a higher level of market participation, providing support for the price.

From a technical perspective, TREE has broken through the previous resistance level and is currently maintaining around $0.38. However, considering the recent rapid rise, investors should also be wary of potential short-term correction risks.

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