AARK (Aark) rose 104.24% in the last 24 hours.

Gate News Bot message, on October 11, according to CoinMarketCap data, as of the time of writing, AARK (Aark) is currently priced at $0.01, with a rise of 104.24% in the last 24 hours, reaching a high of $0.02 and a low of $0.00. The current market capitalization is approximately $2.82 million, an increase of $1.44 million compared to yesterday.

Aark is a decentralized exchange (DEX) primarily focused on perpetual contracts, offering low fees and high leverage trading services. The AARK token will be launched in June 2024, and holders will gain governance rights and staking rewards, including bonuses, fee discounts, and multiplier points. The project is supported by several well-known investment institutions, such as Delphi Digital, OKX Ventures, and HashKey Capital.

Important news about AARK recently:

1️⃣ Launch of New Perpetual Market Index AARK Digital recently launched a new perpetual market index and introduced a dual trading model. This innovative initiative aims to provide users with more diversified trading options, which is expected to attract more traders to participate in the AARK platform, thereby driving up token demand.

2️⃣ Technical Breakthrough The price of AARK token has seen a significant rise in the short term, breaking through several key resistance levels. This strong price momentum may attract more investor attention, further driving up buying interest.

3️⃣ Market Valuation Reassessment As the AARK project continues to develop and upgrade its functions, the market's perception of its potential value may be changing. The current price rise may reflect investors' optimistic expectations for AARK's future development.

From a technical perspective, AARK's short-term trend shows a strong rise, but investors should remain vigilant about potential pullback risks. On the fundamental side, AARK continues to improve its product offerings, which may lay the foundation for long-term development.

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