Gate News Bot Message, February 10th, according to CoinMarketCap data, as of press time, RIVER is trading at $15.81, up 16.10% in the past 24 hours, with a high of $17.17 and a low of $11.74. The 24-hour trading volume reached $71.8 million. The current market capitalization is approximately $310 million, an increase of $43 million from yesterday.
1️⃣ TRON DAO Ventures Strategic Investment Drives Ecosystem Expansion
RIVER received an $8 million investment from TRON DAO Ventures to expand infrastructure on the TRON blockchain. This funding reflects industry recognition of RIVER’s cross-chain technology direction and helps broaden its application scenarios and ecosystem footprint, bringing medium- to long-term growth expectations for token holders.
2️⃣ Well-Known Investors Endorsement Boosts Market Enthusiasm
Support from prominent crypto investors like Arthur Hayes has strengthened market confidence in the project’s prospects. Participation from institutional investors usually increases market attention and trading activity, creating a positive feedback loop in market sentiment.
3️⃣ Active Trading Reflects Market Recognition
A 24-hour trading volume of $71.8 million indicates a significant increase in market participation. High trading volume often signals strong market confidence in the asset. The interplay of positive funding news, reputable endorsements, and high trading activity collectively support RIVER’s strong short-term performance.
This message is not investment advice. Please be aware of market volatility risks.