0G (0G) has fallen 24.29% in the last 24 hours.

Gate News Bot news, on September 30th, according to CoinMarketCap data, as of the time of writing, 0G (0G) is currently priced at $2.77, down 24.29% in the last 24 hours, with a highest price of $5.95 and a lowest price of $2.65. The trading volume in the last 24 hours reached $485 million. The current market capitalization is approximately $591 million, a decrease of about $190 million compared to yesterday.

0G Foundation is the manager of decentralized artificial intelligence, supporting the world's first artificial intelligence Layer 1 designed for transparency, verifiability, and scalability. Its mission is to ensure that artificial intelligence is accountable to the public, ensuring transparency, fairness, and alignment with human needs. 0G is building the world's first decentralized artificial intelligence operating system, providing modular storage, scalable data availability, and verifiable computation, at a cost that is only a fraction of traditional solutions.

0G Recent Important News:

1️⃣ Testnet Node Operator Airdrop Completed The 0G Foundation has airdropped tokens to the testnet node operators, with these tokens directly sent to the wallets of the recipients on the 0G mainnet. This move aims to reward community members who participated early in the project testing, while it may also lead some investors to choose to take profits, putting certain pressure on short-term prices.

2️⃣ Price Fluctuations 0G experienced significant price fluctuations over the past week. On September 25, 0G saw a single-day fall of 16.13%, with the price dropping from $5.62 to $4.51. Then, on September 23, 0G registered a single-day rise of 22.63%, with the price increasing from $3.33 to $7.31. This extreme price volatility reflects a substantial divergence in market valuation of the 0G project, and also suggests a higher investment risk.

3️⃣ Impact of the "Aristotle" Mainnet Launch 0G Labs has recently officially launched its mainnet "Aristotle", supporting 11,000 transactions per second (TPS). The successful launch of the mainnet has laid a technical foundation for the long-term development of the project, but in the short term, it may trigger a market reaction of "buy the expectation, sell the fact", leading to a price correction.

From a technical perspective, 0G has experienced significant fluctuations after being listed on major exchanges, indicating both high market attention and considerable divergence regarding the project. Investors need to closely monitor changes in the project's fundamentals to assess its long-term development potential, while also being wary of high risks in the short term.

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