TBC (Ten Best Coins) rose 2.32% in the last 24 hours.

Gate News Bot news, on September 11, according to CoinMarketCap data, TBC (Ten Best Coins) is currently reported at $15,900, with a 2.32% pump in the last 24 hours, reaching a high of $16,000 and a low of $14,800, with a volume of $520,100 in the last 24 hours.

TBC is a basket currency of Ten Best Coins, tracking the returns of the top 10 cryptocurrencies by market capitalization. The TBC code has been audited and received an AAA rating, suitable for individual and institutional investors. Buying TBC is equivalent to purchasing the top 10 cryptocurrencies, allowing for diversification against the volatility risk of a single currency. TBC aims to make cryptocurrencies more accessible for ordinary users and retail investors, functioning as an ETF of the top 10 cryptocurrencies.

Important news about TBC recently:

1️⃣ The concept of index tokens continues to receive attention TBC, as an index token tracking the market capitalization of the top 10 cryptocurrencies, is attracting widespread market attention with its unique investment concept. This diversified investment strategy effectively reduces the risk of a single cryptocurrency, providing investors with more stable profit opportunities, especially in the current volatile cryptocurrency market environment.

2️⃣ Demand for cryptocurrency ETFs continues to rise The TBC project is positioned as an ETF in the cryptocurrency field, aligning with the current strong demand in the market for simplified cryptocurrency investment avenues. As both institutional and individual investors show increasing interest in allocating to crypto assets, the value of ETF products like TBC becomes more prominent, and it is expected to attract more investors to participate.

3️⃣ The exchange launch promotes liquidity growth TBC has been listed on mainstream centralized exchanges, significantly enhancing its liquidity and availability. This move not only brings more volume to TBC but also increases its recognition and acceptance among investors, laying the foundation for future price and volume growth.

From a technical perspective, TBC's price performance has been strong over the past 24 hours, with a rise of 2.32% surpassing the 1.16% of the previous two days, indicating that the upward trend is strengthening. However, the 24-hour volume has decreased from $633,700 to $520,100, suggesting that although the price is rising, market participation has diminished, and investors may need to pay attention to this change.

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