DATA (Streamr) rose 10.57% in the last 24 hours.

Gate News Bot news, on August 27, according to CoinMarketCap data, DATA (Streamr) is currently priced at 0.02 USD, having risen by 10.57% in the last 24 hours, reaching a high of 0.02 USD and a low of 0.01 USD, with a 24-hour volume of 7.53 million USD. The current market capitalization is approximately 20.2 million USD, an increase of nearly 1.94 million USD compared to yesterday.

Important news about DATA (Streamr) recently:

1️⃣ Rise in demand for decentralized data trading With the development of Web3 and blockchain technology, the demand for decentralized data trading and management is increasing. Streamr, as a decentralized real-time data network, is gradually being recognized by the market, which could be an important factor driving the rise in DATA prices.

2️⃣ Data economy concept attracts attention The concept of “Data is the new oil” is accelerating to fruition, and the issues of data value and ownership are receiving increasing attention. Streamr is committed to building an open and fair data economy ecosystem, which aligns closely with current market trends and may attract more investor interest.

3️⃣ Demand for blockchain data analysis is rising With the popularity of cryptocurrencies and blockchain applications, the demand for on-chain data analysis is continuously increasing. The Streamr network can provide real-time, reliable data streams for such data analysis, and its potential application value is being reassessed by the market.

From a technical perspective, after DATA breaks through the 0.02 dollar level, it may face some pullback pressure in the short term. Investors should closely watch whether it can hold this price level, as well as the changes in trading volume that follow.

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