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$AUCTION performed remarkably today, with a short-term increase of nearly 4%. What are the main driving forces behind this? Two major events are happening simultaneously.
First, the AUCTION Floor has just officially launched. This Floor is not just a simple feature addition, but it has integrated real on-chain auction data—you can see actual transaction records, real revenue flows, who is bidding, and who the creators are. All this information is fully traceable and verifiable. This marks the realization of a decentralized auction mechanism moving from concept to a usable product.
Second, the platform's design philosophy is very interesting. It abandons vanity metrics and focuses directly on the true price discovery mechanism. In simple terms, it aims to create an on-chain version of eBay—transparent, trustworthy, and with real commercial value. The logic chain of user participation is clearer, and this verifiable business foundation is often more easily recognized by the market.
On the technical side, AUCTION has today shown a set of impressive data: trigger price at 5.14, a 3.84% increase over 5 minutes, maintaining around 3.9% over 15 and 30 minutes, and a 4.09% increase over 1 hour. This level of short-term growth has maintained very good consistency.