DIMO (DIMO) rose 63.06% in 24 hours

Gate News Bot news, on August 27, according to CoinMarketCap, as of the time of writing, DIMO (DIMO) is currently priced at $0.11, with a rise of 63.06% in the last 24 hours, reaching a high of $0.12 and a low of $0.05. The current market capitalization is approximately $43.1 million, an increase of $16.7 million compared to yesterday.

Important news about DIMO recently:

1️⃣ Hakuhodo Key3 and DIMO have reached a partnership to support market expansion in Japan DIMO, as a global DePIN (Decentralized Physical Infrastructure Network) project, has partnered with Key3, a subsidiary of Japan's leading advertising company Hakuhodo. This strategic cooperation will help DIMO expand its presence in the Japanese market and enhance its influence and user base in the Asia region.

2️⃣ DIMO completes $11.5 million Series A funding, led by CoinFund DIMO recently completed a $11.5 million Series A financing round led by CoinFund. This funding will be used to accelerate DIMO's technology development and market expansion, further consolidating its position in the decentralized infrastructure sector. The financing reflects investors' confidence in the prospects of the DIMO project.

3️⃣ DIMO is committed to achieving the monetization of automotive data DIMO is developing a platform aimed at helping car owners monetize their vehicle data. This innovative model has the potential to create new revenue streams for car owners while driving the automotive industry towards a more open and data-driven direction. This unique value proposition could be a key factor in attracting the attention of investors and users.

From a technical perspective, DIMO's price has seen a significant pump in the past 24 hours, which may be related to the positive news mentioned above. However, investors should be aware that the cryptocurrency market is highly volatile, and prices can change rapidly.

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