MLN (Enzyme) rose 13.61% in the last 24 hours

Gate News Bot news, on August 13, according to CoinMarketCap data, as of the time of writing, MLN (Enzyme) is currently priced at $9.42, having pumped 13.61% in the last 24 hours, reaching a high of $10.26 and a low of $7.46, with a 24-hour volume of $36.8 million. The current market capitalization is approximately $28.2 million, an increase of $3.37 million compared to yesterday.

Enzyme provides comprehensive infrastructure to help industry leaders efficiently manage on-chain assets, optimize operational processes, and devise innovative financial strategies tailored to their unique goals and challenges. The platform enables businesses and institutions to easily create and manage customized products in a unified environment, such as tokenized funds, liquidity pools, and on-chain financial tools.

Important recent news about MLN:

1️⃣ Yearn Vaults integration drives MLN price surge Enzyme Finance (MLN) recently partnered with Yearn Finance to launch the Yearn Vaults feature. This strategic collaboration significantly enhances the liquidity management capabilities of the Enzyme platform, providing users with more yield opportunities and directly driving a significant rise in the price of MLN tokens.

2️⃣ Enzyme platform functions continuously optimized Enzyme Finance continues to improve its DeFi infrastructure, further optimizing on-chain asset management and operational processes. The platform's new customized features allow institutional investors to create and manage tokenized funds more flexibly, and these improvements effectively enhance the practical value and market attractiveness of MLN.

3️⃣ The recovery of the DeFi market drives the rise of MLN With the overall cryptocurrency market sentiment improving, the DeFi sector is also showing signs of recovery. As an important project in the DeFi asset management field, Enzyme Finance benefits from this trend, with MLN token price and volume experiencing a significant rise.

From a technical perspective, MLN has shown a strong rise after breaking through recent resistance levels, and it may continue to maintain upward momentum in the short term. However, considering the profit-taking pressure after a rapid increase, investors should still be cautious of potential pullback risks.

This message does not constitute investment advice; investors should be aware of market volatility risks.