LOOT (Lootex) rose 14.15% in 24 hours

Gate News Bot news, August 6th, according to CoinMarketCap, as of the time of writing, LOOT (Lootex) is currently priced at 0.00120736 USD, with a 14.15% pump in the last 24 hours, reaching a high of 0.00239944 USD and a low of 0.00073432 USD. The volume in the last 24 hours has reached 84,000 USD.

Lootex is a next-generation digital asset platform built on blockchain and artificial intelligence technology. Its core products include Lootex Plus (a one-stop NFT management and interaction solution), Lootex Studio (a professional digital collectibles issuance and management tool), and Lootex Marketplace (classic market showcase). Lootex also offers the Biru digital collectibles platform and Tiltplay cross-platform gaming products. Lootex is committed to building a future-oriented digital asset ecosystem that seamlessly connects creators, brands, and users.

Important news about LOOT recently:

1️⃣ Oxalis Games collaborates with Open Loot Oxalis Games announced a partnership with Open Loot to support its award-winning farming life simulation RPG “Moonfrost”. This collaboration is expected to bring more user engagement and real-world application scenarios to the LOOT ecosystem, helping to enhance LOOT’s market visibility and potential demand.

2️⃣ LOOT ecosystem continues to expand The LOOT project is actively expanding its ecosystem, continuously launching new features and applications. These include NFT management solutions, digital collectibles issuance tools, and cross-platform gaming products, among others. These ongoing development and innovation efforts may be one of the important factors supporting the rise in LOOT prices.

3️⃣ The market’s interest in NFT and GameFi projects is recovering With the overall improvement in sentiment in the cryptocurrency market, investors’ interest in NFT and GameFi related projects seems to be warming up. As a project focused on digital assets and gaming ecology, LOOT may be benefiting from this trend, leading to a rise in its price.

From a technical perspective, LOOT has experienced significant price fluctuations in the past 24 hours, with a large gap between the highest and lowest prices, which may indicate increased market interest in short-term trading of LOOT. However, the relatively low 24-hour volume also suggests that investors should be cautious in viewing the current price trend.

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