BLUE (Bluefin) has pumped 37.53% in the last 24 hours.

Gate News Bot news, August 25, according to CoinMarketCap data, BLUE (Bluefin) is currently priced at 0.10 USD, with a rise of 37.53% in the last 24 hours, reaching a high of 0.12 USD and a low of 0.07 USD. The current market capitalization is approximately 30.9 million USD, an increase of 8.42 million USD compared to yesterday.

Bluefin is a decentralized financial ecosystem dedicated to building the most powerful decentralized financial ecosystem. The platform aims to provide high-performance, easily accessible, and intuitive financial services. Bluefin is developing a high-performance derivatives exchange, including regulated and unlicensed versions, which is planned for full release in Q1 2025. Additionally, Bluefin is also developing a new globally accessible spot exchange that offers convenient deposit channels and cross-chain liquidity.

Important news about BLUE recently:

1️⃣ Space tourism companies accept cryptocurrency payments Blue Origin announced that it accepts Bitcoin, Ethereum, and USDT as payment methods, marking a further expansion of cryptocurrency applications in the high-end consumer sector. This move may enhance market recognition of the practicality of cryptocurrencies, indirectly driving the rise in prices of tokens such as BLUE.

2️⃣ The trend of politicization of cryptocurrencies is emerging The industry has observed that cryptocurrencies are becoming a political topic, classified as "red tokens" and "blue tokens." This trend of politicization may spark more attention and discussion, increasing the exposure of cryptocurrencies in mainstream areas, potentially affecting the market performance of tokens like BLUE.

3️⃣ Industry conference Consensus 2025 preparation is underway The upcoming Consensus 2025 conference has started to arrange speakers, showing the industry's continued focus on the development of blockchain and cryptocurrencies. Such high-profile industry events often drive the trading enthusiasm of related tokens, and could be one of the catalysts for the short-term price rise of BLUE.

From a technical perspective, BLUE has shown a noticeable rise after breaking through the previous resistance level, but one should be cautious of the pullback risk after a rapid short-term surge. On the fundamental side, the continuous development of the Bluefin ecosystem, especially the planned derivatives exchange and spot exchange, will be key factors supporting the long-term value of BLUE.

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