PCI (Paycoin) rose 23.12% in the last 24 hours.

Gate News Bot news, August 29, according to CoinMarketCap data, as of the time of writing, PCI (Paycoin) is currently priced at $0.11, with a rise of 23.12% in the last 24 hours, reaching a high of $0.13 and a low of $0.08. The current market capitalization is approximately $112 million, an increase of $21.11 million from yesterday. Currently, PCI is ranked 342nd in the global Crypto Assets market capitalization.

Important news about PCI recently:

1️⃣ South Korea's largest blockchain payment protocol expands into international markets Paycoin, as the largest blockchain payment protocol in South Korea, is actively expanding its business scope, extending services beyond the South Korean market. This strategic move is expected to significantly enhance the application scenarios and user base of PCI, providing support for its value rise.

2️⃣ The market is optimistic about the long-term development prospects of PCI Analysts are generally optimistic about the long-term development potential of PCI, believing that it could achieve significant growth in the future. This positive expectation may attract more investors' attention and participation, thereby driving a rise in PCI prices in the short term.

3️⃣ Increasing Demand for Blockchain Applications in the Payment Sector With the application of Crypto Assets in daily payments continuing to expand, blockchain projects focused on the payment sector, like Paycoin, are receiving increasing attention. This trend may be one of the important factors driving the recent rise in PCI prices.

From a technical perspective, PCI shows a strong pump after breaking through previous resistance levels and may continue to maintain its strength in the short term. However, considering the high volatility of the crypto assets market, investors should remain cautious and pay attention to market changes.

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