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DONKEY (Donkey (DONKEY_BSC_MEME)) rose 74.72% in the last 24 hours.
Gate News Bot News, August 25, according to CoinMarketCap, as of the time of writing, DONKEY (Donkey (DONKEY_BSC_MEME)) is currently priced at $0.06, with a rise of 74.72% in the last 24 hours, reaching a high of $0.07 and a low of $0.02. The 24-hour volume is $35 million. The current market capitalization is approximately $62.8 million, an increase of $2.69 million compared to yesterday.
Important news about DONKEY recently:
1️⃣ Gate exchange popular listings drive prices to soar DONKEY, as an emerging MEME coin, performed brilliantly after being listed on the Gate exchange, with a price surge of 197% between August 4 and 11. This listing event greatly enhanced DONKEY's visibility and volume, becoming a significant driving factor for its recent strong rise.
2️⃣ MEME market sentiment warms up With the overall sentiment of the cryptocurrency market improving, meme coins represented by DONKEY have once again become the focus of investors' attention. As a newly emerged meme coin, DONKEY has attracted a large influx of speculative funds due to its unique brand image and community support.
3️⃣ Ethereum ecosystem tokens generally rise The rise of DONKEY also echoes the overall upward trend of tokens in the Ethereum ecosystem. As a token on the BSC chain, DONKEY benefits from the general rise in the DeFi and MEME coin sectors, and investors' risk appetite for small market capitalization tokens has increased.
From a technical perspective, the price of DONKEY has experienced significant fluctuations in the short term, with an amplitude exceeding 200% from the lowest to the highest point within 24 hours, indicating extremely high volatility. Investors should closely monitor its price support and resistance levels, as well as the trend of volume changes.
This message does not constitute investment advice, and investors should be aware of market volatility risks.