SQD (Subsquid) 24-hour pump 0.84%

Gate News Bot message, August 19, according to CoinMarketCap data, as of the time of publication, SQD (Subsquid) is currently priced at $0.12, with a rise of 0.84% in the last 24 hours, reaching a high of $0.15 and a low of $0.11. The current market capitalization is approximately $858,000, which is an increase of $714,600 compared to yesterday.

Subsquid is an open database network aimed at AI agents. It allows anyone, AI agents, or enterprises to access petabyte-level data using SQD tokens without permission. SQD is designed to incentivize enthusiasts, developers, and institutions to participate through an innovative reward system. The platform includes a deflationary mechanism that uses a portion of protocol revenue to reduce supply, as well as a system that provides sustainable rewards for node operators and delegators.

Recent important news about SQD:

1️⃣ Heidelberg Holdings begins acquiring SQD tokens and plans to rename Heidelberger Beteiligungsholding AG has begun acquiring SQD tokens and is preparing to rename the company to SQD AI Strategies AG. This strategic move indicates the recognition of the SQD project by traditional financial institutions, which is expected to bring more institutional investor attention and capital inflow to SQD.

2️⃣ Fetch.AI collaborates with SQD to advance AI agents development in Web3 Fetch.AI has partnered with Subsquid (SQD) to advance the development of AI agents in the Web3 ecosystem. This collaboration will combine Fetch.AI's AI technology with Subsquid's data indexing capabilities, promising to bring more practical application scenarios to SQD and enhance its influence in the intersection of AI and blockchain.

3️⃣ SQD token listed on multiple global cryptocurrency exchanges Following the financing announcement, the SQD token has been successfully listed on multiple global cryptocurrency exchanges. This move significantly enhances the liquidity and accessibility of SQD, providing a wider range of investors with the opportunity to participate, which is beneficial for the further expansion and value rise of the SQD ecosystem.

From a technical perspective, the recent price fluctuations of SQD have been between $0.11 and $0.15, indicating a certain level of market activity. On the fundamental side, with the increase in institutional participation and the expansion of the ecosystem, the SQD project is gradually gaining more market recognition. However, investors still need to closely monitor the project's long-term development and the overall market trend.

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