DAO (DAO Maker) has pumped 24.09% in the last 24 hours.

Gate News Bot news, August 7, according to CoinMarketCap data, as of the time of writing, DAO (DAO Maker) is currently priced at $0.15, with a 24-hour pump of 24.09%, reaching a high of $0.16 and a low of $0.11, with a 24-hour volume of $243,000. The current market capitalization is approximately $299,000, an increase of nearly $58,000 compared to yesterday.

Important recent news about DAO:

1️⃣ TON Foundation launches Society DAO to promote ecosystem development The TON Foundation recently launched a decentralized autonomous organization called Society DAO, aimed at promoting decentralized governance and ecosystem growth. This initiative reflects the increasing importance of DAOs in blockchain projects, potentially attracting investor attention to DAO-related projects and indirectly driving up the price of DAO Maker.

2️⃣ The future development prospects of DAO spark discussions The industry has recently conducted in-depth discussions on the future development of DAO. Some believe that despite the challenges faced by DAO, its potential in decentralized governance and community participation remains enormous. This positive long-term outlook may boost investor confidence in DAO-related projects, including DAO Maker.

3️⃣ The application of DAO in financial institutions has garnered attention Experts are discussing how DAO can be applied in banks or financial institutions. This potential large-scale application scenario expansion may enhance the market's expectations for DAO technology and related projects, thereby positively impacting the valuations of projects like DAO Maker.

From a technical perspective, DAO Maker has shown a strong upward trend after breaking through previous resistance levels, and it may continue to maintain upward momentum in the short term. However, considering the high volatility of the cryptocurrency market, investors should still be cautious about potential retracement risks.

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