ARC (AI Rig Complex) rose 26.67% in 24 hours

Gate News Bot news, December 1st, according to CoinMarketCap data, as of the time of writing, ARC (AI Rig Complex) is currently priced at $0.05, with a rise of 26.67% in the past 24 hours, reaching a high of $0.06 and a low of $0.03. The current market capitalization is approximately $539,000, which is an increase of about $1.13 million compared to yesterday.

ARC is an innovative blockchain project, and its official website offers multiple functional modules, including Ryzome, registry, forge, and handshake. The project also has sections such as manifesto, architecture, blog, and tokenomics to elaborate on its philosophy and structure. In addition, ARC has launched experimental projects like emblem and plans to introduce a new feature called ragtag.

Important news about ARC recently:

1️⃣ Cysic official account name change indicates that the mainnet launch is approaching The official X account of Cysic has been renamed to Cysic (Mainnet Arc), and several core team members have updated their identities. This move strongly suggests that the mainnet of the Cysic project is about to be launched, possibly accompanied by the long-awaited token airdrop event. The market's positive expectations for the prospects of the ARC project have been rising.

2️⃣ ARC price shows a clear upward trend ARC (AI Rig Complex) has shown strong pump momentum in the past week. On November 25, ARC recorded a 34.15% rise in 24 hours, with market capitalization increasing to $33.36 million. Then on November 28, ARC rose again by 41.36%, further elevating its market capitalization to $48.30 million. This continuous price rise reflects the market's sustained optimism towards the ARC project.

3️⃣ The popularity of the AI sector continues, favorable for ARC development As a cryptocurrency project focused on the field of artificial intelligence, ARC is benefiting from the widespread application and continuous rise of current AI technologies. The new Ryzome feature launched by the project, along with several core modules such as Registry, Forge, and Handshake, showcases ARC's innovative capabilities in the integration of AI and blockchain. These technological highlights help attract more attention from investors and users.

From a technical perspective, the price of ARC has shown a significant rising channel in the short term, breaking through multiple resistance levels. However, investors should remain cautious of the potential pullback risks that may arise after a rapid rise. From a fundamental standpoint, the continuous innovation of the ARC project and the upcoming mainnet launch event provide strong support for its long-term development.

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