BEL (Bella Protocol) rose 28.82% in the last 24 hours.

Gate News Bot news, on October 16, according to CoinMarketCap, as of the time of writing, BEL (Bella Protocol) is currently priced at 0.33 USD, having pumped 28.82% in the last 24 hours, reaching a high of 0.35 USD and a low of 0.09 USD. The current market capitalization is approximately 26.6 million USD, an increase of 5.95 million USD compared to yesterday.

Bella Protocol offers a suite of AI-based products for quant trading signals, DeFi liquidity provision strategies, and gasless on-chain gaming experiences. Its products include Bella Signal Bot (providing AI-driven short-term and long-term trading signals), Bella Research Bot (offering real-time deep market insights and indicators), Token Yugijo (a fast gasless coin flipping game), LP Farm (yield farming opportunities leveraging zkSync layer 2 scalability), and Bella Tuner (a powerful Uniswap v3 simulator). Bella Protocol is dedicated to providing intelligent trading solutions for users through AI empowerment and DeFi yield optimization.

Important recent news about BEL:

1️⃣ Price continues to rise strongly The price of BEL has maintained a strong upward trend over the past 48 hours. On October 14, the price of BEL rose by 43.30%, and then on October 16, it rose by another 28.82%. This continuous price rise reflects the market's ongoing optimism for BEL, which may be related to improvements in the project's fundamentals or a shift in market sentiment.

2️⃣ Trading activity has significantly increased On October 14, the 24-hour trading volume of BEL reached $119 million, showing a significant increase compared to before. The rise in trading activity indicates that market participation is increasing, and more investors may be entering or refocusing on the BEL market. This increase in trading enthusiasm provides support for the price rise.

3️⃣ market capitalization rapid rise The market capitalization of BEL has achieved rapid rise in a short period. On October 14, the market capitalization increased by 7.18 million USD, reaching approximately 23.8 million USD. By October 16, the market capitalization further rose to 26.6 million USD. This continuous expansion of market capitalization reflects the growing recognition of the value of the BEL project among investors.

From a technical perspective, the price of BEL has rapidly risen from a low of $0.09 to a high of $0.35 in the short term, demonstrating strong upward momentum. However, investors should be aware that such a rapid rise may face the risk of a short-term pullback. At the same time, the continuous price rise may attract more investor attention, but it could also increase market volatility.

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