PORT3 (Port3 Network) fell 40.46% in the last 24 hours.

Gate News Bot news, on July 8th, according to CoinMarketCap data, as of the time of writing, PORT3 (Port3 Network) is currently priced at $0.03, falling 40.46% in the last 24 hours, with a high of $0.05 and a low of $0.02. The current market capitalization is approximately $8.91 million, a decrease of $6.0534 million compared to yesterday.

PORT3 is a decentralized AI data network. The project aims to provide users with features such as social mining and ranking systems, and collaborates with Binance Alpha. PORT3 also offers a product called Ailiance as well as services like social mining and Rankit.

Important news about PORT3 recently:

1️⃣ Web3 Social Data Portal Positioning is Clear Port3 Network is committed to becoming the gateway for Web3 social data, accelerating the migration from Web2 to Web3. The project creates a decentralized AI data network platform for users by offering features such as social mining and ranking systems. This clear positioning helps attract more users and developers to participate, but it may not yet be reflected in market performance in the short term.

2️⃣ Cooperate with Jump Crypto Port3 Network has established a partnership with the renowned cryptocurrency investment firm Jump Crypto. The two parties will jointly develop tools such as analytical dashboards to enhance the data analysis capabilities of the Web3 ecosystem. This collaboration highlights Port3's influence in the industry, but the market appears to still be digesting the long-term impact of this news.

3️⃣ Funding Support for Project Development Port3 Network successfully completed a $3 million funding round, supported by well-known investment institutions such as KuCoin Labs. This funding will be used to further develop and enhance Port3's Web3 social data portal. Although funding news is usually seen as positive, in the current market environment, investors may be more concerned about the project's actual implementation and profitability.

From a technical perspective, the PORT3 price has experienced a significant fall of over 40% in the past 24 hours, indicating strong selling pressure. In the short term, attention may need to be paid to whether the price can find support around $0.02. On the fundamental side, the project continues to advance technological development and business cooperation, but the market's recognition of its long-term value remains to be seen.

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