BEAT (Audiera) rose 16.81% in the last 24 hours.

Gate News Bot reports that on November 14, according to CoinMarketCap, as of the time of publication, BEAT (Audiera) is currently priced at 0.43 USD, having risen 16.81% in the last 24 hours, with a peak at 0.51 USD and a low of 0.09 USD. The trading volume in the last 24 hours reached 380 million USD. The current market capitalization is approximately 60.1 million USD, an increase of 8.65 million USD from yesterday.

Important news about BEAT recently:

1️⃣ The launch of perpetual contracts promotes increased liquidity Gate exchange has recently launched the BEAT/USDT perpetual contract trading pair, supporting 1-20 times leverage for long and short positions, with USDT as the settlement currency. This initiative significantly enhances the trading flexibility of BEAT, providing investors with more trading strategy options, which helps attract more market participants, thereby increasing the liquidity of BEAT.

2️⃣ Volume surge reflects market enthusiasm The 24-hour volume of BEAT surpassed 1.176 billion USD on November 13, showing a significant rise compared to before. Such a huge increase in volume reflects the strong interest in BEAT from the market, potentially due to the newly launched perpetual contracts attracting a large number of traders to participate. High volume usually brings more price discovery opportunities, driving price volatility in the short term.

3️⃣ Market capitalization rapidly rises shows investment confidence The market capitalization of BEAT has seen significant rise in a short period, increasing from approximately $49.99 million on November 13 to about $60.10 million on November 14, with a rise of over 20%. The rapid expansion of market capitalization reflects the growing confidence of investors in the BEAT project, which may become a supporting factor for continuous price pump in the future.

From a technical perspective, the BEAT price has seen a significant rise in the short term, but it is also accompanied by considerable volatility risk. The huge gap between the highest price and the lowest price (0.51 USD vs 0.09 USD) indicates that market sentiment may be relatively unstable. Investors should closely monitor subsequent price trends and volume changes to assess the sustainability of the current price level.

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